Startups News - Page 20
Check out India's first all-women bank, and it isn't govt's Mahila Bank
In 1995, a group of 17 women in Maharashtra's Satara district had applied for a banking license to open a co-operative bank. The share capital required to set up a bank of this kind was Rs 6 lakh, which was raised up by only women, who bought shares worth Rs 25 each.<br />
Will govt's $1 bn VC fund for telecom equipment sector help combat China threat?
Ventures supported by the fund will receive up to 85 percent funding without management control, the balance being provided by select entrepreneurs in the form of sweat equity.
Digital classifieds player Quikr raises Rs 550 cr from Swedish firm Kinnevik
Quikr has seen seven successful fund raising rounds yield close to Rs 900 crore. The website receives 32 million unique monthly visitors and is present in close to 1,000 cities.<br />
Fashion e-tailer Koovs listed on London Stock Exchange
Koovs, set up by former ASOS chairman Lord Alli, is the first Indian business to list on London Stock Exchange since Nandan Cleantech, which debuted in November 2011.
Why the Seven Sisters of India's North East could be the next big startup hub
Arohan Foods is first in the line of what one hopes will be a torrent of startups from India's northeast.
The Bansals rule the Indian ecommerce space, enjoy 85% market
All of India's biggest indigenous etailers - Flipkart, Myntra, Snapdeal and Lenskart - are headed by young men of the Bansal community and together control about 85 percent of India's ecommerce space. <br />
Hungry kya? This ATM-like machine will serve you biryani in 90 sec
The food is pre-packaged from popular Chennai restaurants like Aasife and Brothers Biriyani, Moti Mahal, Amaravathi and Mr Chows and stored in a climate controlled environment. Packages are not stored in the machine for longer than six hours, to maintain quality.<br />
If you build something that's epic & cool, you don't have to localize it: Evernote
In 2010-11 Evernote had 20,000 users in the country. Today, the note-making app has about 1.6 million Indian users. This when the company does not advertise locally. Troy Malone, General Manager, Asia Pacific, Evernote, says that the company is adding 4,000-4,500 Indian users daily, pushing the firm to formulate grander plans for the country.
Kids club to toy testing: The rise of India's mompreneurs
Many women in India are becoming entrepreneurs, but it is noteworthy that a large numbers of them are mothers. A SHEROES Report on Women at Work, India 2014 shows that mother consitute 11 percent of all women entrepreneurs in the country.
After education, healthcare is next stop for serial entrepreneur K Ganesh
Portea Medical, started in 2013 , is aimed at filling a gap in the healthcare space, by providing technology-based home healthcare services for geriatric, chronic and post-operative care patients.
Home-grown David: Flipkart hits $1 bn sales mark ahead of schedule
Since its launch in 2007, the Bangalore-based e-commerce giant has raised over $500 million funding, including $360 million just last year when it was valued at $1.6 billion. South Africa's Naspers and funds like Morgan Stanley Investment Management, Tiger Global and Accel Partners has pumped funds into the venture. It employs over 10,000 staff members.<br />
Move over burger, fries: Make 'fast-food friendly' dosas in less than a minute
Dosa Matic is an automatic tabletop dosa making machine sized at 50 centimeters by 60 centimeters and one foot tall. Priced at Rs 60,000, its targets are QSR chains and food businesses.<br />
Langhar brings you 'ghar ka khana' via the Internet
Langhar is a community marketplace that enables housewives, hobbyists and professional cooks to commercialize their talent and passion for cooking, online.
Free calls without the internet possible but only if you'll listen to an ad first
The week-old service is currently in the testing phase but has already handled about four lakh calls so far, with the servers having crashed about seven times since then. At the moment, unregistered users can make calls that are three minutes in duration, while registered users get 12 minutes a call.
Are you an independent filmmaker and short on cash? Call Catapooolt
Catapooolt, a Mumbai-based crowdfunding platform, intends to fill the gap between talent and funds, domestically and internationally, and connects project owners to those that share similar passion.
Larry Glaeser, CEO of Whatif Innovations, reveals the secret sauce of great companies
Between 2006-2008, Larry Glaeser was a venture partner at Footprint Ventures and in 2012 he co-founded Kyron, a startup accelerator. As Founder and CEO at his previous venture, The Venture Bay, a consultancy, he worked closely with startups. He talks to Shonali Advani about entrepreneurship and the way it works both in India and abroad. Edited excerpts:<br />
US retail leader Target is coming to India to incubate startups
Target is courting startups like Turnaround Innovision, which automates generation of rotating 3D images and muHive, which helps simplify social conversations
In Chennai, first automated restaurant that serves food in just 90 seconds
Aimed at serving people on the go, a city-based entrepreneur has set up the first automated restaurant that serves food from other restaurants within 90 seconds.
