• STARTUPS
    Potential Flipkart-Snapdeal Merger Gets Nod From Reluctant Investor

    New Delhi: Japan’s SoftBank has finally secured the crucial nod from co-investor Nexus Venture Partners (NVP) for sale of Snapdeal to India’s largest e-commerce firm, Flipkart, sources said. Snapdeal was valued at $6.5 billion in its last funding round in February 2016. The valuation, however, has shrunk since then and the potential deal could see […]

  • STARTUPS
    Making start-ups “investor ready”

    WE RECOMMEND Trump can be a blessing in disguise for Indian IT players, says Ambani Five stocks which hit new 52-week high today MORE FROM THE AUTHOR Get ready for a Digital Tsunami Bringing digital India to life Start-ups are multiplying rapidly in India. There are just too many of them. Most of them are […]

  • STARTUPS
    Flipkart’s valuation marked down by yet another investor

    In May, Morgan Stanley Mutual Fund Trust lowered its estimate of the online retailer’s valuation by 15.5% for the second successive quarter in a row, implying that Morgan Stanley valued Flipkart at $9.39 billion. Photo: Hemant Mishra/Mint Bengaluru: Another mutual fund, this time one managed by US-based investment firm Vanguard Group, has marked down the […]

  • STARTUPS
    Angel investor Anand Chandrasekaran to awareness on investee organizations

    Record photo. Anand Chandrasekaran plans to spend the subsequent couple of months helpingcompanies, wherein he has invested in the capability of an angel investor, with product and commercial enterprise recommendation and spending time with them. photo: Sonu Mehta/HT New Delhi: Former Snapdeal and Airtel executive Anand Chandrasekaran has handpicked a portfolio of over a dozen […]

  • NEWS
    Prescribez increases $a hundred forty five,000 from angel investor Ankush Mehta

      The app, that’s owned by ThingsMeet answers, can be launched in Pune later this month, will joinconsumers with medical doctors, labs and pharmacies. Bengaluru: ThingsMeet answers Pvt. Ltd, which owns healthcare app Prescribez, has raised $one hundred forty five,000 from angel investor Ankush Mehta, the agency said in statement on Monday. The app, for […]

  • NEWS
    Nandan Nilekani forums RailYatri as an investor

    Mumbai: Stelling technology Pvt. Ltd, a Noida-based business enterprise that operates the teach tour app RailYatri.in, stated on Wednesday that Nandan Nilekani, co-founder Infosys Ltd, has invested an undisclosedamount in the employer. existing investors Helion Ventures, Omidyar Networks, and Blume Ventures also participated on thisspherical of funding, the business enterprise said. The corporation raised a […]

  • STARTUPS
    Qdesq raises funds from investor Dheeraj Jain, others

    Qdesq acts as an aggregator for sharing vacant work desks, offices, conference rooms etc. Qdesq Realtech Pvt Ltd, an on-demand platform for sharing and renting office space, has raised an undisclosed amount in its seed round from a group of investors led by Dheeraj Jain, partner at Redcliffe Capital, a UK-based hedge fund. Other investors […]

  • STARTUPS
    KartRocket raises $2 million from Japanese investor

    New Delhi-based KartRocket caters to the small and medium enterprises market in India by enabling merchants to go online. New Delhi: BigFoot Retail Solutions Pvt. Ltd, which owns and operates e-commerce-enabling solutions provider KartRocket, on Tuesday said it has raised $2 million from an undisclosed Japanese investor, in addition to $6 million it raised in […]

  • STARTUPS
    Power2SME names Nandan Nilekani as strategic investor

    Power2SME sources raw materials such as chemicals, additives, inks, paints, metals and polymer commodities for its clients. Bengaluru: Power2SME (BEBB India Pvt. Ltd), a start-up that makes procurement easier for small and medium enterprises (SMEs), announced on Monday that Infosys Ltd co-founder and former Unique Identification Authority of India head Nandan Nilekani has become a […]