Page 202 - Start Ups
IIT-Bombay start-up incubator goes for expansion
At present, SINE is being operated out of IIT-Bombay campus. The incubator has recently leased another facility in Hiranandani, Powai
 "IIT-Bombay start-up incubator goes for expansion")
Karnataka earmarks Rs 2 cr for tech start-ups
The startups have come up with innovative technology based solution for the tourism industry in Karnataka
 "Karnataka earmarks Rs 2 cr for tech start-ups")
YourNest launches its second start-up fund with a Rs 300 crore corpus
Company's India Fund II will allow it to invest in about 25-30 start-ups
 "YourNest launches its second start-up fund with a Rs 300 crore corpus")
STPI to launch angel funding for IT & electronics start-ups
Plans to float a special purpose vehicle and tie up with private funding agencies for funding enterprises
 "STPI to launch angel funding for IT & electronics start-ups")
Ola slashes fares on shared rides by nearly half
Fares down to just Rs 3 a km; firm expands the service to three more cities
 "Ola slashes fares on shared rides by nearly half")
Awfis to raise $15-20 mn funding for future growth
The company is testing potential of mobile office concept
 "Awfis to raise $15-20 mn funding for future growth")
 "Show your cash flow, PEs tell start-ups")
Tech start-ups excited over acquisition of Tuplejump
The acquisition of Tuplejump clearly shows how international firms are opening the doors to small start-ups, said Ramesh Loganathan
 "Tech start-ups excited over acquisition of Tuplejump")
Carpediem Capital leads investment of $6mn in mobile repair, refurbishment co Gadgetwood
Company plans to utilise this round of funding towards geographical expansion
 "Carpediem Capital leads investment of $6mn in mobile repair, refurbishment co Gadgetwood")
Flipkart grows user base to 100 million
33% growth in past 6 months despite slowing e-commerce biz, stiff competition from Amazon
 "Flipkart grows user base to 100 million")
Patient record management firm PurpleDocs raises funds for exapansion
Plans to enter NCR, Karnataka and Maharashtra markets within one year
 "Patient record management firm PurpleDocs raises funds for exapansion")
Pepperfry.com raises Rs 210 crore from current investors
Funds will be used to scale firm's logistics and service network
 "Pepperfry.com raises Rs 210 crore from current investors")
Uber to mentor start-ups with social impact
Signs MoU with start-up incubator T-Hub for partnering with UberExchange, its global mentorship programme
 "Uber to mentor start-ups with social impact")
TeamLease to acquire NichePro Tech for Rs 29 crore
The move will help it get into higher margin business to place product engineers
 "TeamLease to acquire NichePro Tech for Rs 29 crore")
Founder's Diary: How to battle the funding squeeze in today's start-up market
CredR co-founder Sumit Chhazed says organic growth and a strong USP are essential for start-ups in today's funding environment
 "Founder's Diary: How to battle the funding squeeze in today's start-up market")
Swiggy raises $15 million funding from Bessemer
The firm currently operates in 7 cities, says it's profitable in Hyderabad and Bengaluru unit
 "Swiggy raises $15 million funding from Bessemer")
 "Check out your dishes before ordering")
Chennai start-up failure rate lower than NCR and Bengaluru
Investors in TN capital conservative, bet on good ideas
 "Chennai start-up failure rate lower than NCR and Bengaluru")
Hotel start-ups look to franchisee format for profits
Cite limited control over service variation, especially in budget hotels, move to brand-led franchise format
 "Hotel start-ups look to franchisee format for profits")
Vertigo clinic chain NeuroEquilibrium eyes PE-VC funding
Aims to break even by 2017, treat 1 million patients by 2021
 "Vertigo clinic chain NeuroEquilibrium eyes PE-VC funding")