Page 274 - Start Ups
Ashok Reddy: Fund-raising is key to fueling growth
India is optimally poised for start-up fund-raising. The conversion rates in funding here are much faster than in the US, writes Ashok Reddy
 "Ashok Reddy: Fund-raising is key to fueling growth")
RedDoorz raises pre-Series A funding from Jungle Ventures
Philip Wolf, Ajay Bakaya join advisory board to help accelerate co's growth
 "RedDoorz raises pre-Series A funding from Jungle Ventures")
Nexus Venture Partners, others invest $5 million in data management co Infoworks
Company expands management team
 "Nexus Venture Partners, others invest $5 million in data management co Infoworks")
Connect India ropes in CSCs for e-commerce delivery in rural parts
Logistics startup expects huge demand from e-commerce companies
 "Connect India ropes in CSCs for e-commerce delivery in rural parts")
 "Jabong might sell stake to Snapdeal")
 "Alibaba makes strategic investment in Paytm")
Paytm to invest $150-200 million in start-ups
Will look at one large investment of $100 million, though the sweet spot would be $10-15 million ticket size
 "Paytm to invest $150-200 million in start-ups")
Hello Curry partners Pune's EatSome for paratha venture
The venture will be set up across 21 outlets in Pune, Hyderabad, Bengaluru and New Delhi
 "Hello Curry partners Pune's EatSome for paratha venture")
Foyr aims to expand to 10 cities in 18 months
Market size for home decor in India is estimated to reach at $30 billion by 2020
 "Foyr aims to expand to 10 cities in 18 months")
PepperTap raises $36 mn from Snapdeal, Sequoia, SAIF Partners and others
Company in talks to raise another $20 mn
 "PepperTap raises $36 mn from Snapdeal, Sequoia, SAIF Partners and others")
The Chennai Angels invests in Brigge Technologies
The investment details were not disclosed
 "The Chennai Angels invests in Brigge Technologies")
Paytm valuation likely $4 billion as Alibaba, Ant Financial inject fresh cash
Companies did not disclose how much the 'strategic investment' is worth
 "Paytm valuation likely $4 billion as Alibaba, Ant Financial inject fresh cash")
Azur Global acquires Chennai-based Sybrant Technologies
Company also announces its entry into the Indian market
 "Azur Global acquires Chennai-based Sybrant Technologies")
How TalkingData is helping InMobi win China
The partnership will help InMobi improve the targeting of mobile ads in China and improve its advertising clients' RoI (return on investment), reports Tech in Asia
 "How TalkingData is helping InMobi win China")
Tech Mahindra joins larger peers to make a foray into start-up space
Sets aside $100 mn to invest in innovative start-ups, incubate internal ideas
 "Tech Mahindra joins larger peers to make a foray into start-up space")
TravelKhana to raise fund in pre-Series A round
Series-A round is expected to raise around $10 million (Rs 66 cr)
 "TravelKhana to raise fund in pre-Series A round")
 "Pepperfry extends last-mile delivery to 400 cities")
This week in Asian start-ups
Tech in Asia presents you with the hottest Asian start-ups making the news
 "This week in Asian start-ups")
India's own ecosystem of start-up evolving rapidly: Modi
Says Indian startups represent not just commercial success stories, but are powerful examples of social innovation
 "India's own ecosystem of start-up evolving rapidly: Modi")