• 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 […]

  • STARTUPS
    RAW Pressery gets fresh funds from Sequoia Capital, others

    Started in 2013 by the former marketer as an experiment to fill the gaps in India’s health beverages market, RAW Pressery has become a fad among fitness enthusiasts. Rakyan Beverages Pvt. Ltd, the maker of organic cold-pressed juices sold under the brand RAW Pressery, has raised close to $4.5 million in series B funding from […]

  • STARTUPS
    Freshdesk buys Framebench, its fourth acquisition in seven months

    A file photo of Girish Mathrubootham, founder and chief executive, Freshdesk, who said that the acquisition of Framebench presents an opportunity to integrate collaborative capabilities. Photo: Mint Bengaluru: Freshdesk Inc., a start-up that provides customer support platforms for enterprises, has acquired Framebench Technologies Pvt. Ltd, a company which lets users collaborate on files (documents, images, […]

  • STARTUPS
    John Varghese to be St. Stephen’s College’s new principal

    A file photo of St.Stephen’s College, Delhi. Photo: Hindustan Times New Delhi: John Varghese, professor at Hyderabad’s English and Foreign Languages University will be the new principal of St. Stephen’s College in Delhi after Valson Thampu retires from the post later this month. The Supreme Council of the college which includes members of Church of […]

  • STARTUPS
    IITs look to nurture start-ups, host companies’ R&D centres

    Around 40 start-ups work out of the IIT Madras research park. In the next six months, that number is slated to go up to 200. Tanuj Jhunjhunwala, 24, quit his job in a multinational car maker to return to his alma mater, the Indian Institute of Technology (IIT), Madras, to start an underwater robotics company. […]