Leading venture debt and specialty lending business InnoVen Capital in its India Startup Outlook Report 2017 highlights the perspective of founders and CXOs of Indian startups with respect to fundraise and investor sentiment, business focus and challenges, and on policy and government initiatives amongst others. The survey by InnoVen captures responses from over 170 startup…
No matter how exciting the idea might seem, it is a difficult business to just walk away from your job and search for a new startup business opportunities for yourself. The startup entrepreneur is faced with a lot of troubles in the beginning but in the end it is worth the success achieved. The path…
Bengaluru-based food startup 48East, which delivers fine Asian gourmet food, today said it has raised $5,00,000 in Pre Series A funding from Al Dhaheri family based in UAE. The investment will be used towards unit expansion, enhancing logistics, ramping up technology and marketing, the company said in a release here. Founded in August 2016 by…
You are a person who has this unique business idea in mind or a hobby and you are so obsessed with it that you believe that you might want to take it to the next level. But bang! Here is when the story actually begins. You are someone who has great potential. I mean literally,…
The Securities Exchange Board of India (Sebi) is forming an advisory committee on financial technology or fintech-related issues, which would look at safeguards that can be put in place to facilitate Crowdfunding of ‘genuine’ ventures and mobilise more household savings into the financial markets using technology solutions. “With the economy doing well and a well-regulated…
Ratan Tata on Tuesday said he will be back with a vigour to interact with entrepreneurs and invest in startups, stating that the last few months had “forcibly” taken him back to the corporate world, referring to the bitter episode within his group of companies following the ouster of Cyrus Mistry. Tata, who has invested…
Honda Motor Co Ltd and Hitachi Ltd’s auto parts subsidiary plan to form a joint venture to develop, produce and sell motors for electric vehicles (EV), joining forces to better compete in the highly specialised “green” car segment. Automakers are increasingly teaming up with parts suppliers to build components for the fast-growing EV segment as…
Chinese internet giant Baidu Inc’s early stage investment arm Baidu Ventures has appointed Liu Wei, a former partner at Legend Star as the CEO of company’s venture firm that focuses on artificial intelligence and virtual reality. In his new role, Liu Wei will oversee operations of the investment unit, according to a report from China…
Stellaris Venture Partners, an early stage technology focussed venture fund, announced today that it has completed the first close of its $ 100 million maiden fund. Fund I has secured capital commitments from financial institutions, corporates, entrepreneurs and family offices in the United States, Europe and Asia. The Series A oriented fund will invest in…
Helion Ventures co-founder Ashish Gupta has joined the board of HyperTrack, which has recently closed a $1.5 million seed round of funding from investors including Gupta, Vy Capital, Jubiliant Group co-founder Hari Bhartia and the Junglee.com founders, the company said on Monday. HyperTrack helps businesses track products or people in real time. Co-founded by Kashyap…