• STARTUPS
    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 […]

  • STARTUPS
    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 […]

  • STARTUPS
    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, […]

  • STARTUPS
    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 […]

  • STARTUPS
    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 […]

  • STARTUPS
    Morgan Stanley fund marks down Flipkart stake value by 27%

    Flipkart was valued at $15 billion when it received $700 million from Tiger Global Management, Qatar Investment Authority and other investors in June. Photo: Hemant Mishra/Mint Bengaluru: A mutual fund investor in Flipkart Ltd, India’s largest e-commerce firm, has slashed the value of its holdings by as much as 27%, the latest indication that the […]

  • NEWS
    Wickedleak Wammy Titan 5 Review

    Wickedleak is an Indian smartphone company that we’d like to imagine was inspired by Julian Assange’s popular whistleblowing website WikiLeaks. Of course, the two have nothing to do with each other, but we still find the name amusing. Formed in 2009, the company has grown to becoming quite a talking point in the Indian smartphone […]