• STARTUPS
    What next for education start-up Simplilearn?

    Venture firms backing the Bengaluru-based start-up include Mayfield Fund, Kalaari Capital and Helion Venture Partners. Bengaluru: When Krishna Kumar started a personal blog in 2009 and posted free video lessons and a practice test there, the idea wasn’t to do business. It was to kill boredom. Six years later, the blog has become Simplilearn Solutions […]

  • STARTUPS
    Google partners TechHub to help startups

      Photo: Reuters New Delhi: Search giant Google Inc. on Wednesday said it has partnered with TechHub, a global community for tech entrepreneurs, as it tries to help startup companies. TechHub, which helps tech companies across the world scale their businesses, said the collaboration will benefit Indian startups. TechHub members in Bengaluru, Riga, Bucharest, Madrid, […]

  • STARTUPS
    Uber opens its first Centre of Excellence in Asia in Hyderabad

    Uber operates in 26 cities in India. Photo: AP Hyderabad: Taxi aggregator Uber Technologies Inc. opened its first centre of excellence in Asia in Hyderabad as the San Francisco-based company centralizes several of India operations at a single location in its third biggest market. The facility will have staff providing round the clock specialized support […]

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    Indian Angel Network invests in Roadhouse Hostels

    Roadhouse Hostels currently has two hostels with a total of 80 beds in Goa and Jaipur and plans to add as many as five such properties in Kerala and Himachal Pradesh by the year end. New Delhi: Roadhouse Hostels, a chain of backpacker hostels, on Wednesday said that it has raised an undisclosed amount of […]

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    As smartphone sales surge, Indian app makers lure venture capital

    Photo: Mint Bengaluru: Foreign venture funds are stepping up investments in Indian mobile application makers, betting a surge in smartphone sales in the country will drive demand for home-grown apps, mirroring the trend in world’s biggest mobile phone market China. San Francisco-based incubator and venture capital firm 500 Startups on Tuesday launched a $25 million […]

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    Freshdesk launches new support product Hotline.io for mobile-first businesses

    This is Freshdesk’s third product since its launch in 2011. The other two are Freshdesk, which is a cloud-based comprehensive customer support platform, and Freshservice, launched in 2014, which helps companies meet their internal IT support requests. Bengaluru: Customer support platform provider Freshdesk Inc. on Wednesday announced the launch of a new product called Hotline.io, […]

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    Hrithik Roshan now eyes start-ups, stock markets

    Roshan says healthcare, education, fitness and technology are the four areas in which he is looking for start-ups to invest in. Photo: Hindustan Times Bollywood star Hrithik Roshan’s journey—from a child with a stammer to stardom, and from battling health issues to being a fitness enthusiast—has encouraged him to accept challenges head-on. However, when it […]

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    Flipkart shuts grocery delivery app Nearby

    Flipkart’s move to shut Nearby comes as newly appointed chief executive Binny Bansal is cutting costs and sharpening the company’s focus on its key strengths: electronics and fashion sales and logistics. Photo: Hemant Mishra/Mint Bangalore: India’s largest e-commerce firm Flipkart Ltd will shut its groceries delivery app, Nearby, less than five months after the company […]

  • STARTUPS
    Craftsvilla acquires food start-up PlaceofOrigin

    A screen grab of Craftsvilla website. New Delhi: Sequoia-backed Craftsvilla Handicrafts Pvt. Ltd on Friday said it had ventured into the food segment with the acquisition of Bengaluru-based food start-up PlaceofOrigin in an all-stock deal. PlaceofOrigin was founded by two former bankers, Ashish Nichani and Sudarsan Metla, in 2014. The company curates and takes to […]

  • STARTUPS
    Capillary Tech invests an undisclosed amount in WebEngage

    Capillary, one of India’s most valuable enterprise start-ups having raised about $80 million in venture funding so far. Bengaluru: Capillary Technologies Pvt. Ltd, which offers customer relationship management software and marketing analytics for retailers, has invested an undisclosed amount to buy a stake in business analytics start-up WebEngage. The move to pick up a stake […]