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Article on July 27, 2016

Chai Point Launches boxC.in, a Cloud Based Beverage Services Platform

The core purpose of the platform is to provide 100% authentic Chai and filter coffee at office pantries.

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Celebrity Rannvijay Singh Invests in Istyleyou, Becomes Their Brand Ambassador

Founded in Nov 2015 by Pallav Modi, Amit Kejriwal and Vinayak Khanijo. Istyleyou is a fashion styling platform, where users can interact with fashion stylists and also know what is trending as per their own style profile.

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Deals RoundUp: Doormint, Vodafone, Fosun, Gland Pharma, Deloitte, Tohmatsu Venture Support, Spark10, Microsoft Accelerator, Modasta, Nexus Venture, Saama Capital, Mezi and Tiyo

Modasta, a multi-lingual health content portal and queries platform, has raised $1.5 million (about Rs 10 crore) from Mauritius-based high net worth individuals (HNIs).

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15-Year-Old Serial Entrepreneur Akshat Mittal Announces the Launch of His Second Venture, ChangeMyIndia.org

Counted amongst one of the youngest entrepreneurs in the world, Akshat initiated ChangeMyIndia.org after getting selected as an “Ashoka Youth ChangeMaker” by Ashoka Innovators for the Public, one of the largest networks of social entrepreneurs in the world.

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Mobile-first Learning Management Platform Byndr Raises $700K in its Seed Round of Funding

Platform plans to utilize the investment amount in expanding its sales and development team along with enhancing the scope of its product.

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MebelKart Forays into B2C Ultra Luxury Furniture Category, Announces alliance with Continental Group

With this alliance, MebelKart aims to reach out to the high net worth individuals (HNIs) across the country. MebelKart will be marketing and selling products from STROT, a South Delhi based lifestyle boutique of the renowned Continental Group.

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India To Become A Nation Of Job Creators And Not Job Seekers - Says Nirmala Sitharaman

The Finance Act, 2016 has made provision for start-ups to get income tax exemption for 3 years in a block of 5 years, if they are incorporated between April 1, 2016 and March 31, 2019.

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Indian Angel Network Invests Rs 3 Cr in Shared Accommodations Startup Square Plums

The funding round has been led by experienced entrepreneurs and IAN lead investors VGN Prakash, Amitabh Shrivastava, Krishna Jha and Ravindra Krishnappa. VGN Prakash is further joining the company board.

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These 6 Startups Give You Unique Gifting Options for Your Loved Ones

Askmygift was founded in February 2015 by Shagun Nayyar and Sumeet Agrawal. Askmygift curates gift makers from across social media platforms like Instagram, Whatsapp, and Facebook etc.

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Karnataka Government Launches Startup Booster Kit To Bolster Startups

A Startup Portal, http://www.startup.karnataka.gov.in/ has also been launched to enable and educate startups on policies and to access various benefits under the policy.

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