Startups News - Page 4

Hyderabad-based startup Driven offers high-end cars, bikes on rent from a cafe

Vehicles are rented out in different business plans ranging from hourly basis to unlimited hours plans.

Mobile health and fitness startup HealthifyMe raises $6 million in Series A funding

HealthifyMe’s app is free and enables users to keep a track of their calories, set personal fitness goals and measure progress.

Logistics platform Locus raises $2.75 million in Series A funding

Locus enables enterprises with technology to manage their deliveries, with features including, automated smart dispatches, tracking, and fleet visualization, proprietary geocoder and proprietary route deviation engine.

Education startup EduAce Services secures $1 million seed funding from MoMagic

It aims to create various such strategic IP products aimed at the vast schooling community across India, said company sources.

Snapdeal acquires TargetingMantra, boutique technology firm

TargetingMantra’s team will further the on-going initiative to build the ‘customer experience engine’ which will personalise shopping experiences for customers.

Unbxd raises Series B funding from IDG Ventures, Inventus Cap, IAN

Unbxd is now looking at strengthening its reach in the North America region increasing its user base for enterprise retail customers.

Ensure J&K SMEs get hassle-free loans, says Mehbooba Mufti to Raghuram Rajan

Mufti said banks need to focus on priority sector lending in the state, particularly targeting tourism, handicraft, handloom, agriculture and allied segments, which have a huge potential to generate avenues of employment for youth.

Athletic gear for business attire: Indian American clothing brand factors weather changes in apparel

He took his favourite Nike socks, sewed them inside the dress he wore to work.

Granddad inspired me to start my next venture, says Housing.com co-founder Advitiya Sharma

In less than a month after working on the idea with like-minded people who were eager to be part of it and a couple of them who worked on the algorithms, the project was ready to be launched.

CouponDunia expands its scope, forays into cashback

Launched in 2010, CouponDunia lists coupons and offers on its site for e-commerce websites in India that can be availed to save on a purchase.

Five cockroach start-ups from GHV Accelerator chosen for Nasscom's Innotrek 2016 program

A cockroach startup is one that is very resourceful and like a cockroach, well, hard to kill.

Moody's upbeat on IT sector; sees annual revenue growth at 11-13 percent

The study report on IT services India: Market share gains despite headwinds also expects the industry to maintain its market share, with Ebitda (operating) margin at 21-22 percent.

Polevaulting MNCs: Baba Ramdev's Patanjali targets ambitious Rs 10,000 crore turnover this fiscal

The company will be investing Rs.1,000 crore this year in setting up five to six new processing units of its various products in different states.

Fashion app Roposo closes Series B round of $5 million from Bertelsmann India

Roposo plans to leverage the funds raised for strengthening its technology backbone, expanding its team, bolstering the product and enhancing the company's community.

Virat Kohli launches FanBox with Moto G Turbo smartphone for cricket lovers

PrivyPlex has partnered Virat Kohli to launch a 'fanbox' that will include a Moto G Turbo smartphone and a one-year subscription to Virat's exclusive fan club, aimed at the cricketer's fans and followers.

Deep discounts not a viable business model for start-ups, says Raghuram Rajan

Many of the start-ups depend on capital injections from venture capital funds and some have also closed down.

My dad supported my dream of a comic magazine, says Jatin Varma of Comic Con India

I will always remain the person who started Comic Con in India, says founder Jatin Varma.

PepperTap shuts grocery delivery ops, to focus on expanding logistics biz

The decision to shut operations will result in about 150 job losses.

Ola's latest offering Micro bulks up overall bookings for cab aggreggator

Ola Micro service was launched in seven cities a few weeks ago. It has now been extended to 17 cities and plans are underway to go beyond 42 cities tomorrow.

Twitter Seva: Experts say effective implementation crucial for its success

There would be a lot of trolling and misuse just like it happens with online platforms and the government should learn to curb the negative factors and focus on nurturing the group of people who are really interested and who need help.

Fashalot, fashion and store discovery mobile app, gets pre-Series A funding from YourNest

Using mobiles, Fashalot connects shoppers to brick and mortar retail stores in their neighborhood.

Indian startups: Is there a fund crunch? Experts decode who qualifies for funds now

Year 2015 was considered a hot year with regard to funding for startups, but the winds are cooler in 2016, so far.

After Morgan Stanley, now T Rowe Price devalues Flipkart stake by 15%

There is more trouble brewing on the start-up front. Layoffs have become the name of the game.

From pressure to perform to heavy top deck: Here's what is wrong at Flipkart

E-commerce sector is transitioning and when a business model transitions, it goes through a high rate of churn, say analysts

Want a singer to croon on your birthday? Get one vetted by singer Shaan’s start-up, Happydemic

The site has an exclusive tie-up with a radio channel and its artist can perform three days a week on the channel.

GetMyPeon rebranded as Russsh, launches an Android and iOS app

With the app, one can get a variety of pickup and drop services on grocery, bakery, food, electronics, sensitive documents, parcels among others.

BITS Pilani's 12th edition of Startup Challenge to begin in April 2016

Mentoring sessions will be held in Mumbai, Delhi, Kolkata, Hyderabad and Bangalore while the finale will be held in Delhi in the last week of August or first week of September.

From reminder to pop the pill to in-house doctors, mTatva seeks to personalise healthcare

The app is available in Hindi and English with the former being most popular in Delhi, Lucknow.

Housing.com gets funds from Vineet Singh, former biz head of 99Acres.com

Singh is a veteran in the real estate industry with a proven track record in the offline and online space to deliver high-growth results.

Zomato launches Zomato Base, cloud-based POS for restaurants

Zomato Base is Android-based POS system that offers restaurants a host of features including menu, recipe and inventory management, a built-in payment solution that accepts debit and credit card payments, CRM, and real time analytics.