Page 218 - Start Ups
IIT Madras-incubated InnoNano seals $18 mn investment plan with US firm
First of its kind global expansion programme for academia-born Indian material technologies in India
 "IIT Madras-incubated InnoNano seals $18 mn investment plan with US firm")
Zomato's Deepinder Goyal disputes HSBC 50% valuation markdown
In a blog post, the Zomato founder said the report is an outlier and has contradictory data on market share, defends profitability
 "Zomato's Deepinder Goyal disputes HSBC 50% valuation markdown")
Knowlarity acquires customer engagement platform Smartwards
Smartwards is a customer engagement platform for local businesses to identify, reward and engage with their customers
 "Knowlarity acquires customer engagement platform Smartwards")
Genetic testing gets affordable with customised offerings from start-ups
Genetic testing is emerging as the next big segment in medical diagnostics
 "Genetic testing gets affordable with customised offerings from start-ups")
 "Driver a call away")
Start-ups target the big fat Indian wedding industry
With India all set to become the youngest country by 2020, they see enormous opportunity in this segment
As funding gets tough, start-ups face frugal times
Fun and games at start-ups have ended as easy money dries up
 "As funding gets tough, start-ups face frugal times")
Purple Squirrel shuts down
The firm managed to get a bridge round in January. To stem the cash burn, 40 were asked to leave
 "Purple Squirrel shuts down")
Lybrate's online OPD adds lab test platform
Tiger Global-backed Lybrate helps patients find specialists and consult with them through its app
 "Lybrate's online OPD adds lab test platform")
Nykaa to raise Rs 80 cr via private equity and HNI for expansion
e-commerce startup to roll out brick and mortar stores pan India
 "Nykaa to raise Rs 80 cr via private equity and HNI for expansion")
IAN, Zippr deny IP violation charge
Pune-based entrepreneur Srikant Kunden accuses start-up, funder of unauthorised use of his innovation
 "IAN, Zippr deny IP violation charge")
Prepathon raises Pre-Series A investment from Blume ventures
PaGaLGuY founded by a MBA Graduate from the Wharton School in 2002
 "Prepathon raises Pre-Series A investment from Blume ventures")
MobiKwik gets $50 mn investment from strategic investors
The payment network firm has grown by 250% year-on-year for the last four years
 "MobiKwik gets $50 mn investment from strategic investors")
Digital wallet company MobiKwik raises $50 million led by GMO, Mediatek
Existing investors Sequoia Capital, Treeline Asia amnog participants in Series C funding; deal valuation not disclosed
Inter-city booking with reverse bidding from ixigo cabs
Service will be available for NCR, Jaipur, Agra, Chandigarh, Rishikesh, Dehradun and nearby areas
 "Inter-city booking with reverse bidding from ixigo cabs")
E-grocers face uphill battle in India
PepperTap is the latest among a host of hyper-local start-ups that have decided to give up the fight
 "E-grocers face uphill battle in India")
MyDentistChoice raises $150,000 funding
Firm already serves large dental chains and aims to have a base of 300,000 dentists across the country
 "MyDentistChoice raises $150,000 funding")
Jabong parent secures 300 mn euro funding from Rocket Internet
Rocket will underwrite 100 mn euro of financing, and will invest 85 mn euro; deal values Global Fashion Group at 1 bn euro
 "Jabong parent secures 300 mn euro funding from Rocket Internet")
Chennai Angels invests Rs 2.5 cr in parking technology start-up Agile Parking
StartUp founded by alumnus of IIT Madras and FMS Delhi
Milkbasket: Your doorstep grocer
It allows users to place or modify their orders till midnight for a guaranteed 7 am doorstep delivery
 "Milkbasket: Your doorstep grocer")