Page 292 - Start Ups
Mobikon raises $2.3 million from Jungle Ventures
To use funds to expand ops in India, Manila, Singapore and Dubai
 "Mobikon raises $2.3 million from Jungle Ventures")
Ex-entrepreneurs, the ready-to-hire assets for start-ups
Start-ups look at professionals with specific skills, such as marketing, technology, people process, and scaling up
 "Ex-entrepreneurs, the ready-to-hire assets for start-ups")
Entrepreneurship scene in India today is like in the US of 1970s, says Tata
Admits selling Nano as 'the cheapest car' was a mistake; keen to invest in start-ups that reach the common man
 "Entrepreneurship scene in India today is like in the US of 1970s, says Tata")
Roadrunnr raises $11 mn from Sequoia, Nexus & Blume Ventures
Aspires to provide every merchant in India capability to deliver orders on-demand to customers in their locality
 "Roadrunnr raises $11 mn from Sequoia, Nexus & Blume Ventures")
Storage solutions provider BoxMySpace raises Rs 1.92 cr
Consortium of investors led by Farooq Oomerbhoy; Ritesh Veera and Singapore Angel Networks participate
 "Storage solutions provider BoxMySpace raises Rs 1.92 cr")
Start-up Diaries: Waging battle in a brave new world
India is witnessing its own tech tsunami, and is poised to become the second largest global startup hub by the end of the decade
Microsoft's BizSpark to boost start-up ecosystem in India
Will offer $120,000 a year of free Azure Cloud services to each of the qualified Indian startups
 "Microsoft's BizSpark to boost start-up ecosystem in India")
Bengaluru surpasses Mumbai in attracting angel investment
Report says in FY15, Bengaluru-based start-ups received 29% of the overall angel investment, followed by 24% for Mumbai and 18% in the case of Chennai
 "Bengaluru surpasses Mumbai in attracting angel investment")
MySmartPrice raises $10 mn from Accel, Helion Ventures in series-B round
Proceeds will be utilised to expand company's hyperlocal shopping services to over 50 cities
Start-ups want Day-Zero slots; IITs say no
Placement panel informally decides to not invite some start-ups this year
 "Start-ups want Day-Zero slots; IITs say no")
Online art gallery Artzolo in talks to raise upto $200,000
Funds will be used to build tech team, expand its offerings
Azure Hospitality raises $10 mn from Goldman Sachs
Company currently operates in eight metropolitan locations, including Bengaluru, New Delhi, Gurgaon and Mumbai
 "Azure Hospitality raises $10 mn from Goldman Sachs")
Puneet Dalmia invests Rs 50 cr in realty start-up
With this, Dalmia holds 74% in Prithu, which caters to the individual home segment
 "Puneet Dalmia invests Rs 50 cr in realty start-up")
For start-ups, investors' 'no' is more common than dollar deals over cups of coffee
If investors spend time thinking of their misses, they are busy planning for exits as well. The typical window is seven to 10 years. Till then, they are part of the dizzying valuation game
 "For start-ups, investors' 'no' is more common than dollar deals over cups of coffee")
News, short & digestible
Mobile app News In Shorts, which summarises trending stories in 60 words or less, raises $20 million
 "News, short & digestible")
Digital health firms raise $6.9 mn from VCs in Q2 FY15
9 deals reported in Q2 compared to none a year ago
 "Digital health firms raise $6.9 mn from VCs in Q2 FY15")
Loylty Rewardz raises Rs 120 cr
Ventureast & Canaan Partners have exited the company
 "Loylty Rewardz raises Rs 120 cr")
Foxconn founder Terry Gou to meet Bengaluru start-ups today
Gou will meet executives of around 20 companies
 "Foxconn founder Terry Gou to meet Bengaluru start-ups today")
Big firms' honchos fuelling exodus from start-ups
On Jul 10, matrimony portal Shaadi.com appointed Aditya Save as chief marketing officer and Ketan Doshi as chief technology officer