Page 175 - Start Ups

EV cab service provider Lithium to raise $8 mn from IFC for expansion

Company plans to expand outside Bengaluru and Delhi NCR, enter other businesses in electric mobility

Chai Point raises $20 mn in fresh funding from Paragon Partners, others

Company is targeting profitability in FY19

Kalaari Capital-backed start-up AffordPlan raises $10 million funding

AffordPlan's savings product makes quality health care more affordable to everyday Indians, says Kalaari Capital MD Vani Kola

SolutionsInfini is making the right connect with SMS messaging platform

The company is currently clocking a turnover of Rs 2.25 billion for the year 2017-2018

BeatO offers diabetes management through glucose monitoring solutions

The company enables a three-month coaching programme where patients are connected to a personal diabetes educator

Ratan Tata-backed online broking firm Upstox cuts trading fee to 'nil'

Online stock brokers and trading platforms like Upstox neither needs investments to open branches nor have large fixed overhead expenses

How Delhi-based Roadcast is helping businesses track shipments in real-time

It allows businesses, which deal in logistics, transport, home delivery services, to track shipments/vehicles in real-time

Start-up investors may be exempt from 'angel tax'

But, majority might be left out, as only those investing in entities recognised by govt could qualify

Kerala to host Asia's largest startup conclave 'Huddle Kerala' on April 6

The philosophy behind Huddle Kerala is to help the next generation world-conquering companies move forward

Lightspeed Venture rides on global exits, other companies scaling rapidly

Lightspeed invests from seed-stage to Series-B; often in pre-product or pre-revenue and then works closely with the company

Sachin Tendulkar-backed fashion start-up raises Rs 300 mn in debt funding

The company owns brands such as Collectabillia, Imara, Ms Taken and Wrogn

60% of startups may fail as they can't scale up amid lack of market: Pai

All startups have bright future, Pai said, adding that those who work well succeed

How five dotcom survivors built a $950 million e-grocery startup in India

In a country where groceries account for half of the almost $1 trillion retail market, Bigbasket is using knowledge learned the hard way during the dotcom era

Early-stage fund pi Ventures leads $1-mn funding round in SaaS start-up CSB

Start-up accelerator Axilor Ventures also participates in round, funding will be used to drive growth, product innovation

Dabur's Amit Burman leads investment in fresh meat e-tailer Zappfresh

SIDBI Venture Capital also participates in funding round; Zappfresh to use money to expand to newer cities, build supply chain

Gegadyne Energy in advanced stage of developing new-age batteries for EVs

Elaborating on the technology, Varghese said they have been working on supercapacitors, which can capture and release a huge amount of energy in seconds

Wellthy Therapeutics is using digital tools for diabetes-control solutions

The digital therapeutics company has recently raised $2.1 million in seed funding from Ranjan Pai

CarDealerRater: A forum on which to rate your experience with the seller

Platform provides a dynamic list of the 10 best and 10 worst car dealers, with individual reviews on experiences in new and used-car purchases, and auto servicing

Online lending platform Avail Fin raises $17.2 mn to fund expansion plans

The company caters to India's blue-collared workforce, currently underserved by organised lending institutions.

New Nasscom-Facebook studio helps start-up products meet global standards

Design4India, built in tie-up with WeWork, will help firms improve product design, unlike other labs, which focus only on fine tuning-business models