• STARTUPS
    Tiger Global invests $10 million in online videos creator The Viral Fever

    A file photo of TVF co-founder Biswapati Sarkar. Photo: Aniruddha Chowdhury/Mint Mumbai: Tiger Global Management Llc has invested $10 million (Rs.65.6 crore) in popular online video content creator ‘The Viral Fever’ (TVF), picking up a significant minority stake in the firm, according to filings made by the company with the registrar of companies (RoC). The […]

  • STARTUPS
    Tracxn raises funding from Nandan Nilekani, Mohandas Pai, others

    According to documents filed with the registrar of companies, Tracxn posted revenue of Rs.2.31 crore for the year ended 31 March 2015, up from Rs.9.78 lakh in the previous year. Bengaluru: Start-up data analytics firm Tracxn Technologies Pvt. Ltd on Wednesday said it has raised funding from a group of angel investors, including former UIDAI […]

  • STARTUPS
    How Printo’s Manish Sharma lost his start-up and got it back

    A file photo of a Printo store in Bengaluru. Retail was booming at the time Sharma set up Printo. Photo: Hemant Mishra/ Mint Mumbai: Manish Sharma, 43, likes his coffee black and his conversation clear and upfront. Entrepreneurs aren’t really a fraternity, he says. “Mostly we have our head in the sand, trying to figure […]

  • STARTUPS
    ICRISAT incubator plans Rs100 crore fund for agri start-ups

    As part of the incubation programme, the institute had been tying up funds for start-ups but was finding it increasingly difficult to convince mainstream financiers and venture capitalists. Hyderabad: Agri-research institute ICRISAT’s incubation arm is looking to set up aRs.100 crore fund in a year, an initiative that could help small entrepreneurs from the agri-business […]

  • STARTUPS
    Now a reality show on start-ups

    Photo: iStock Hyderabad: A European start-up accelerator is bringing together two modern-day trends—start-ups and reality shows—to launch what could be the world’s first reality show on start-ups. It will be aired online on Spark10.tv, named after the accelerator that’s starting the web-based reality television show launching in April-May. Spark10 is India’s first European accelerator and […]

  • STARTUPS
    Tracxn unveils platform to help angels exit start-ups

    Abhishek Goyal, co-founder, Tracxn. Photo: Hemant Mishra. Bengaluru: Start-up data analytics provider Tracxn Technologies Pvt. Ltd has launched an Internet platform aimed at helping early investors in mature start-ups sell their shares by connecting them to venture capital (VC) firms and other institutional investors. If the platform, called TracxnSecondary, gains scale, it will increase liquidity […]

  • STARTUPS
    Hyper-local discovery app Magicpin raises $3 million

    Magicpin offers features where users can take pictures and selfies to avail of offers and discounts at neighbourhood stores. Investor-turned-entrepreneurs Brij Bhushan and Anshoo Sharma have raised $3 million in Series A round of funding from Lightspeed Venture Partners for Magicpin, a hyper-local discovery app. Magicpin was founded in August by Bhushan and Sharma, who […]

  • STARTUPS
    Taskbob raises Rs28 crore in series A funding

    The funding comes at a time when home services platform operators have raised fresh capital to remain afloat, pursue consolidation efforts and to remain competitive and scale rapidly. Bengaluru: Taskbob, a home services company run by Mumbai-based Crenovative Ideas Pvt. Ltd, has raised Rs.28 crore ($4.5 million) in a series A funding round led by […]

  • STARTUPS
    Flipkart sees 400% increase in sale of household items over weekend

    The company launched home items last January and now claims to sell “a substantial part” of all home products sold online. Photo: Hemant Mishra/Mint Bengaluru: India’s largest e-commerce company Flipkart Ltd said it reported a 400% increase in daily unit sales of household items such as towels, bulbs and small appliances as well as furniture […]