Page 252 - Start Ups
Anand Mahindra invests in LocalCircles
To be part of the citizen engagement platform's advisory board
 "Anand Mahindra invests in LocalCircles")
Indiegogo to help Chinese start-ups crack the US
Indiegogo is battling Kickstarter for blockbuster gadgets from Chinese start-ups, reports Tech in Asia
 "Indiegogo to help Chinese start-ups crack the US")
Baidu's driverless car hits the streets in Beijing
The car is a modified BMW 3 Series Gran Turismo that Baidu is now testing on public roads, reports Tech in Asia
 "Baidu's driverless car hits the streets in Beijing")
eureQa secures $600,000 from Sashi Reddi, Gabriel Investments
eureQa provides an easy-to-use test automation platform catering to the mobile, social and cloud-based application space
 "eureQa secures $600,000 from Sashi Reddi, Gabriel Investments")
IDG Ventures Sudhir Sethi, Pepsico's Praveen Someswar invest in Stay Simple resorts
Stay Simple currently owns, manages and operates about 500 rooms in16 resorts in 12 popular tourist destinations across India
 "IDG Ventures Sudhir Sethi, Pepsico's Praveen Someswar invest in Stay Simple resorts")
Paynear Solutions raises $2.5 million in pre-Series A round
This investment is part of the $10 million that Paynear is planning to raise in a Series-A round in the first quarter of the next financial year
 "Paynear Solutions raises $2.5 million in pre-Series A round")
Zomato adds in-app chat feature
Although the chat feature is still in the beta stage, its response rate is swift and smooth, finds Tech in Asia
 "Zomato adds in-app chat feature")
Delhi-based digital analytics startup PropheSee raises Rs 3.3 cr
In the next six months company plans to take the platform live globally
Johnson Electric to expand Chennai facility
Company to invest $200 mn in three countries including India
 "Johnson Electric to expand Chennai facility")
Mayank Kumar: Lessons in starting up
Mayank Kumar, founder of UpGrad, writes that common business school learnings may not be best suited for entrepreneurship
Microsoft to incubate 500 start-ups in 5 years
Most of these start-ups are working on Internet of Things (IoT) or are independent software vendors
 "Microsoft to incubate 500 start-ups in 5 years")
Aye Finance raises Rs 20 crore from Accion and SAIF Partners
Investors include Accion and SAIF Partners; funds to help provide MSMEs with expanded access to financing
 "Aye Finance raises Rs 20 crore from Accion and SAIF Partners")
Delhi-based digital analytics startup PropheSee raises Rs 3.3 cr
PropheSee is a SaaS platform that allows managers to compare and analyse digital campaigns, and execute directly from the platform itself
 "Delhi-based digital analytics startup PropheSee raises Rs 3.3 cr")
Tiger Global, Yuri Milner join Flipkart and Accel to invest $25 mn in BlackBuck
The logistics startup will invest on building products for truck owners for them to be able to manage operations
 "Tiger Global, Yuri Milner join Flipkart and Accel to invest $25 mn in BlackBuck")
Homegrown start-ups are catering to Bangladesh's on-demand taxi boom
Bangladesh is no exception to the fragmented nature of taxi industry across Asia, finds Tech in Asia
Flexeye launches incubator called HyperCat for startups in IoT space
The 8,000 sq ft centre in Hyderabad will accommodate 40 Indian startups that are focusing on IoT and smart city technologies
 "Flexeye launches incubator called HyperCat for startups in IoT space")
Stop looking for funds. Start looking for trust
A smarter way to raise money for your start-up: building trust through connections. Callum Laing writes in Tech in Asia
 "Stop looking for funds. Start looking for trust")
Crayon Data sets up biz operations in India
Ties up with WPP-owned media investment management firm GroupM, to map tastes of Indian consumers, which will allow enterprises to target them more precisely
 "Crayon Data sets up biz operations in India")