Online fashion marketplace Fynd, run by Shopsense Technologies Pvt. Ltd, has raised $500,000 in follow-on Series A funding from Silicon Valley-based venture capital fund Rocketship, a company statement said. The funding is an extension of the Series A round in March, wherein the company raised $500,000 from seed investment platform Venture Catalysts. In January, VCCircle…
The Karnataka government, as part of its startup initiative, has awarded Rs 10 crore ($1.5 million) in grants to 26 biotechnology startups, a statement by the Department of IT (information technology), BT (biotechnology) and Tourism stated. The government disbursed the grants to the startups under its Idea to Proof of Concept (Idea2POC) Grant Scheme, which…
Vodafone India has sought bids for its data centre facility in Navi Mumbai, a suburb of India’s financial capital, said two people familiar with details. Currently, two strategic companies are interested in buying it out but at cost for Vodafone, said one of them. The data centre has been built at a cost of Rs…
Bengaluru: Consumer electronics brand BPL, which was the TV brand of choice for millions of urban Indian households in the 1990s, has scrapped its three-year partnership with online marketplace Flipkart, and has instead inked a deal with Amazon India to sell TVs, air-conditioners, washing machines and other large appliances. BPL executives were unhappy with the…
Cab-hailing service Uber on Tuesday launched its food delivery app UberEATS in Mumbai, marking its entry into the Indian market. Delivering food to consumers under a different brand name, cab-hailing service Uber on Tuesday launched UberEATS in India, with Mumbai being the first city where the service will go live. “The introduction of UberEATS in…
We all live in an era where classes have become online lectures, birthdays have become mass wishing on social groups, emotions have become public posts and vacations have become picture gallery to be shared. Now it is not a bad thing. It is just that the world is changing really fast. And what do we…
New York: Prime Minister Narendra Modi and Paytm founder Vijay Shekhar Sharma were the only two Indians to make it to an annual list of ‘100 most influential people in the world’ this year released by the Time magazine today. The list features pioneers, artists, titans, leaders and icons from around the world honoured for…
See, we all are highly busy and work oriented personalities. We delve so much into our work and business that it is indeed our bone and blood to its core to work for it. Running a company is a difficult pursuit especially for new entrepreneurs. Nobody ever said that big things are easily achievable. You…
The call for a one-day strike on Tuesday by driver-partners of taxi-hailing companies Uber and Ola, as well as kaali-peeli taxi operators, may inconvenience commuters in Delhi-NCR. A majority of the estimated 150,000 cab operators may stay off roads on 18 April despite a Delhi High Court order restraining them from doing so. The agitation…
Sri Lankan model-actress and sexiest woman in the world Jacqueline Fernandez has invested $543,000 in Rakyan Beverages Private Limited, a company that makes the Raw Pressery brand of fruit juices. The latest investment values the three-year-old company at Rs 120 crore. With a following of 6.08 million on Twitter and 12.7 million on Instagram, Fernandez is…