• STARTUPS
    BankBazaar.com ventures into international markets with Singapore entry

    BankBazaar has set a target of around $10 million net revenue run rate (dollar terms) for its Singapore market in the coming months. Bengaluru: A&A Dukaan Financial Services Pvt. Ltd, the company that operates online financial services marketplace BankBazaar.com, has ventured into the international market starting with operations in Singapore. The company has appointed former […]

  • STARTUPS
    Meet the first Indian start-ups to adopt IBM Watson platform

    A file photo of IBM’s headquarters in Armonk, New York. Kartik Mohla, a graduate in management information systems, used to work at an US investment bank before he came back to India to join his family business that helps companies boost the skills and productivity of their employees. Now, he is the CEO of InspireOne […]

  • ENTREPRENEURS
    Food-tech firms eye institutional orders to increase cash flows

    Yumist piloted institutional sales with 25 companies in Gurgaon in January and has now expanded to South Delhi and Bengaluru. Food-tech start-ups such as Yumist, Bite Club and InnerChef have started serving institutional customers such as Google, Citibank, Snapdeal, Yatra and Oyo Rooms across Delhi, Gurgaon and Bengaluru in an effort to build scale and […]

  • STARTUPS
    Xiaomi unveils Mi5 smartphone to spearhead sales drive beyond China

    Xiaomi became the world’s second most-valuable startup after a 2014 funding round that valued it at $45 billion. Photo: Bloomberg Beijing: Xiaomi Corp. trotted out its latest marquee smartphones as billionaire co-founder Lei Jun counts on the Mi5 to kick-start growth and claw back share in a slowing Chinese market. The new phone will go […]

  • 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 […]

  • ENTREPRENEURS
    Ibibo to raise $250 million from Naspers

    A file photo of Ashish Kashyap, founder and chief executive officer, Ibibo Group. Photo: Mint New Delhi: Indicating a huge opportunity in the travel and hotel booking space, South African media company Naspers Group on Wednesday announced its plans to invest an additional $250 million in online travel venture Ibibo Group, which owns and operates […]

  • 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, […]

  • ENTREPRENEURS
    NoBroker raises $10 million in Series B funding

    NoBroker had raised $3 million in Series A from SAIF Partners along with Fulcrum Ventures in December 2014. Bengaluru: NoBroker Technologies Solutions Pvt. Ltd, which directly connects landlords with house hunters said it raised $10 million in a Series B funding led by Singapore-based BEENEXT venture capital firm created by Teruhide (Teru) Sato. Other investors […]

  • 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 […]

  • ENTREPRENEURS
    Foodpanda changes India strategy in revival bid

    Foodpanda, which until now has been driven by technology developed at its headquarters in Berlin, has also started to build its products locally. Photo: Ramesh Pathania/Mint New Delhi/Mumbai: Online food ordering company Foodpanda is revisiting its India strategy by outsourcing delivery and is also looking to start its own kitchen, a comparatively higher-margin business, as […]