Founders’ Co-op, a Seattle-based seed-stage venture firm, is looking to close its fourth and newest fund with $25 million, according to an SEC filing that shows the outfit has raised at least $10.7 million toward that end. The firm — now a fixture on Seattle’s venture scene — was created 10 years ago and closed…
Zoomcar, a leading self-drive mobility platform offering car and cycle sharing services, has announced that it has closed $40 million in a Series-C investment round. Mahindra & Mahindra led the new round. Zoomcar also saw participation from a variety of existing investors. Zoomcar said the capital raised would be used to accelerate its marketplace supply…
S anjiv Bajaj, Managing Director, Bajaj Finserv, won the EY Entrepreneur of the Year 2017 award for solutions in lending, life and general insurance and wealth advisory, EY said in a press release here on Thursday. The consulting firm also named nine other category winners for the Entrepreneur of the Year Program. E Sreedharan, widely…
Everyone makes mistakes along the path of entrepreneurship. These mistakes help you learn how to do things better the next time you are faced with a challenge and give you the motivation to continually move your business forward. While most mistakes that you make as an entrepreneur will teach you a thing or two about…
Indonesia’s hyperlocal transport startup Go-Jek is planning to launch its bike-taxi service in India in the second half of 2018, people aware of the development said. They said the company is evaluating some southern cities and the Gurugram-NCR region and it may launch a pilot in one of these cities at the end of the…
The engrossing story of tech startups in the year of SoftBank’s India invasion Most of the time, numbers hide the real story. But at times, they show the complete picture. Consider this: of the $13.5 billion invested in the Indian tech startup ecosystem last year, about $4 billion was invested by Japanese internet giant Soft-Bank,…
We all know about the unicorns of the startup world — fast-growing companies that appear to be on the road (or have already arrived at) valuations of $1 billion or more — and we hear a lot about the unfortunate ones that either run out of money or fail for another reason. But what about…
In business, mistakes happen to even the most seasoned of entrepreneurs. As a new entrepreneur, you will be faced with business challenges on a daily basis, and not every decision made will go as well as you might like. Some missteps are small enough that you are left with just a little regret, while others…
London-based Glint has been pretty stealthy about what it planned to offer, despite several funding rounds and a vague description that it wanted to a create new “global currency” based on gold. Well, today the fintech startup is finally de-cloaking with a staggered launch of its multi-currency account, app and card that does indeed let…
THE INTERNET LOVES a good outrage, even over something as mundane as taxes. Over the weekend, venture capitalists and entrepreneurs fumed at a provision in the Senate Republicans’ proposed Tax Cuts and Jobs Act that would affect how stock options are taxed. The change threatens to upend the way startups pay their employees, which has…