Page 299 - Start Ups
Digital Vidya buys Digital Academy India
Company to raise up to $5 million for product development, global expansion in 2015
 "Digital Vidya buys Digital Academy India")
Livspace buys online network of interior designers Dwll.in
This is the second acquisition that Livspace has made after DezignUp
 "Livspace buys online network of interior designers Dwll.in")
US-based Peesh Venture makes first investment in India
Fund invests $1 mn in foreign college search and information start-up MeetUniv
 "US-based Peesh Venture makes first investment in India")
IIM-A CIIE's incubatee Awaaz De raises angel round
The startup aims to empower organisations to engage with communities in any language, leveraging the power of spoken voice and mobile phones - through their platform
Askme acquires Bestatlowest.com for Rs 63 crore
BestAtLowest will enable real-time inventory sync between online and physical stores
 "Askme acquires Bestatlowest.com for Rs 63 crore")
Angels rush to invest in start-ups
The new gold rush for traditional stock market investors seems to be start-ups.
 "Angels rush to invest in start-ups")
E-tailing start-up LatestOne.com plans warehouse in New Delhi
It currently has a 12,000-sft warehousing facility in Hyderabad, delivering mobile covers, tablet accessories etc to over 150,000 zip code locations
 "E-tailing start-up LatestOne.com plans warehouse in New Delhi")
Fulcrum Venture invests Rs 30 crore in Southern Health Foods
Company to use the money to expand its operations
 "Fulcrum Venture invests Rs 30 crore in Southern Health Foods")
Jabong founders invest $2 mn in laundry services start-up Wassup
Globally, the on-demand convenience industry is estimated at $9 bn
 "Jabong founders invest $2 mn in laundry services start-up Wassup")
Start-ups using stock options to stop attrition
The company has recruited 55 graduates from the Indian Institutes of Technology, Birla Institute of Technology and Science and the Indian School of Business
 "Start-ups using stock options to stop attrition")
ZapStitch raises $2 million from Helion Venture & Orios Venture
The funds will be utilised for product development, strengthening of team, and marketing initiatives
 "ZapStitch raises $2 million from Helion Venture & Orios Venture")
TaxiForSure co-founder pads up for his second innings
Raghunandan G is likely to start his new venture in online B2C space
 "TaxiForSure co-founder pads up for his second innings")
Gagan Arora takes over as CEO Printvenue.com
In his new position he will be responsible of the overall strategic growth of the company
 "Gagan Arora takes over as CEO Printvenue.com")
Global banks try to muscle into India's start-up boom
Foreign money has been pouring into India's fast-growing e-commerce sector, with investors ranging from Japan's Softbank Corp to Singapore's Temasek Holdings
 "Global banks try to muscle into India's start-up boom")
industrybuying.Com plans to raise up to $15 mn
Firm seeks to finance to expansion of its network, back-end operations and have bases in Mumbai, Pune, Bangalore, Chennai and Ahmedabad or Surat
 "industrybuying.Com plans to raise up to $15 mn")
Uniken raises Rs 12 cr from Exfinity Venture Partners
The funding raised will be used for international expansion and business development
Post-surgery rehab startup SuVitas to raise $15-20 mn
In the next two-three years, it plans to operate 1,000 beds, with each centre equipped with 60-75 hospital beds
Kris Gopalakrishnan invests in Chennai-based Uniphore Software
The company is into speech recognition solutions business targeting enterprise customers
 "Kris Gopalakrishnan invests in Chennai-based Uniphore Software")