Page 25 - Start-ups

Valuation markdowns leave start-up boards nervous

Directors look at ways to avoid overstretched valuations, review clauses in officers' liability insurance policy

YourNest to pump in up to Rs 50-cr into start-ups this year

Fund has so far invested Rs 90 cr in last four years, now eyes start-ups in Internet of Things, automation and electronic design

SAP India, CIIE announce second edition of Startup Accelerator

The Accelerator seeks to mentor and build capacities of 30 start-ups by 2017

Vahanalytics raises seed fund of $200,000 from Venture Catalysts

Launched in 2016, Vahanalytics aims to make drivers and roads better through smarter data and machine learning

Extend tax holiday for start-ups to 7 years: Nirmala Sitharaman to FinMin

The commerce and industry minister also said that between June 2014 and January 2016, FDI equity flow has recorded a growth of 53%

IIT-Gn student start-up develops technology for safer transportation

The solution is a device that helps parents track the location of a school bus on the map through a phone application

Series A funding declines in first four months of 2016: VCCEdge data

Only four deals in April, the lowest in past 6 years; funding for real ideas and good start-ups still available, say experts

iCliniq to raise funds to invest in technology

The online platform connecting patients with doctors gets 70% of its business from foreign customers

India emerging a hub for fintech start-ups

According to a report by Nasscom, there are close to 400 companies in India focused on the fin-tech market globally.

Ahmedabad start-up Laundrynow.in to raise Rs 6.5 cr for expansion

Firm offers both online and offline laundry services; plans to expand beyond Ahmedabad to other cities in Gujarat

Navneet Promoters make strategic investment in SchoolWear.in

Firm plans to launch a range of school supplies such as uniforms and allied products, and facilitate fee payments across 500 schools

Start-ups target the big fat Indian wedding industry

With India all set to become the youngest country by 2020, they see enormous opportunity in this segment

Nykaa to raise Rs 80 cr via private equity and HNI for expansion

Nykaa, an e-commerce startup into skincare and beauty products, plans to open five stores in 2016 and 30 stores across India by 2020.A startup venture by Falguni Nayyar, former Managing Director of Kotak Investment Bank, Nykaa plans to roll out brick and mortar stores in major cities of India and would source a funding of Rs 80 cr from private equity and high net worth individuals."We have one store in Delhi Airport at Terminal 3 and would open 4 more across Bangalore, Mumbai and Delhi during this year. We are looking at adding 30 stores by year 2020 but we will get major part of business from online market space", told Falguni Nayyar, Founder and CEO of Nykaa.The number of online shoppers has proliferated from an estimated 40 million in 2014 to 80 million in 2016. Having less competition in the luxury and beauty products, we are eyeing a significant pie of the online business.Nykaa.com raised Rs 25 cr in a funding round by private equity firm TVS Capital in 2015 and is projected to ..

Prepathon raises Pre-Series A investment from Blume ventures

PaGaLGuY founded by a MBA Graduate from the Wharton School in 2002

MyDentistChoice raises $150,000 funding

Firm already serves large dental chains and aims to have a base of 300,000 dentists across the country

Chennai Angels invests Rs 2.5 cr in parking technology start-up Agile Parking

The Chennai Angels (TCA) today announced an investment of Rs 2.5 crore in Agile Parking Solutions Private Limited (Get My Parking), engaged in parking technology which digitises parking industry. Sudhir Rao of IndusAge Partners led the investment from The Chennai Angels.Automotive customers now seek real-time solutions and a triangulation of location, service aggregation, payments and community shared feedback to delight their personal journeys with. The GmP team is driving towards a platform to delight its customers. Within eight months of commercial operations, they are at the cusp of servicing over a million transactions a month in the NCR region alone", said Rao.The rise in demand for parking space is crippling the urban infrastructure and causing needless congestion. "We believe only technology and data driven solutions can solve this chronic problem with efficient use of existing parking space." said Chirag Jain of Agile Parking Solutions Private Limited,Agile Parking Solutions .

TranServ raises $15 mn from IDFC SPICE Fund, Micromax, others

Firm will use the fresh capital for accelerating business growth and investing in new product lines

Meat-ordering service Licious raises Series A funding from Mayfield Mgt

Firm sources fresh chicken, lamb and seafood, and processes it before delivering at customer's doorstep within 90 minutes of order placement

Start-ups should have offices in suburbs to cut cost: CBRE

India had about 4,200-4,400 start-ups at the end of 2015 and the annual addition of start-ups is likely to grow by about 17% per annum

Ventureast announces '1-min Pitch Challenge' for entrepreneurs

To participate, entrepreneurs need to send in their elevator pitch that captures the uniqueness of their venture in a 60-second video