Page 247 - Start Ups

Puneet Dalmia, other investors pick up 16% stake in Stage Thr3e

Dalmia is the managing director of Dalmia Bharat Ltd, has invested in his personal capacity

Amazon leads Rs 150 crore investment in home services firm Housejoy

Funds will be used to help solve operational issues, for strategic acquisitions, partnerships and to build the team

Freshdesk acquires mobile first user engagement platform Konotor

Third acquisition by Freshdesk, which is aiming at enhancing support channels and mobile solutions

Reverse logistics provider Blubirch raises $ 2 mn

The funding was raised from Chicago Capital Ventures, angel investor Sanjay Mehta and others

Singapore's Perx raises series A to become more than just a loyalty app

Investors Golden Gate Ventures and Facebook co-founder Eduardo Saverin are betting on the start-up's new vision, reports Tech in Asia

Running on less than $1 million in funding, Tiket is Indonesia's bootstrap rockstar

Travel booking site Tiket is built entirely on an initial angel investment of 'under $1 million', finds Tech in Asia

This start-up creates virtual reality content without writing code

Virtual reality is definitely one for the future. WakingApp is one step ahead of the rest, finds Tech in Asia

Karnataka opens second start-up warehouse in Bengaluru

As per the Global Startup Eco-system Ranking Report-2015, Bengaluru is the only Indian city to be ranked among the top 20 startup eco-systems in the world

e-grocer BigBasket eyes Rs 1,000-cr monthly revenue rate from March 2018

At present, the company executes 30,000 transactions per day

Spencer's Retail acquires e-commerce grocery start-up Omnipresent Retail

Expects online grocery sales to be close to Rs 500 crore in the next three years

Cambridge Tech to invest in 50 US-based start-ups

The firm will provide up to 25% (or up to $250,000) of a start-up's seed round to launch a two-year technology plan

Investment bankers should promote start-up listing: Sebi

Investment bankers should also participate in untapped segments such as Reits and municipal bonds: U K Sinha

Start-up that helps students find a place to rent scores funding

HostelHunting received $500,000 in seed funding led by KK Fund, with Incubate Fund and Cradle Fund participating, reports Tech in Asia

Social payments start-up Kashmi is ready to launch with new seed funding

Kashmi has come out swinging from Startupbootcamp Fintech Singapore's accelerator, reports Tech in Asia

Northeast-based start-up Giskaa helps artisans break into e-commerce

Giskaa serves three purposes-sell items, help artisans and educate people across India about the Northeast, finds Tech in Asia

Eckovation launches 'Open School' programme, eyes a billion users by 2020

Started in collaboration with NIOS, founded by a group of IIT alumni, the programme aims to further the cause of education for all by allowing discussion sessions through mobile devices

American Vision to invest $40 mn by 2020 for expansion

Company hopes to become a Rs 2,000 crore enterprise at the end of fifth year of operations

Ecommerce aggregator iPrice gets $1.2m funding boost to focus on mobile

This is the second round of seed funding for the Malaysia-based start-up which saw participation from 500 Startups and others, reports Tech in Asia

Singapore-based DealStreetAsia receives seed funding from Paytm's founder and others

The funding round also saw participation from the Singapore Angel Network and Hindustan Times Media Group, reports Tech in Asia

Infosys invests $3 mn in WHOOP

The investment will give Infosys a minority holding not exceeding 20%