Article on December 22, 2016
Inspired In Bangalore, Starting up In The Gulf
GetBaqala (Baqala means grocery in Arabic), is the brainchild of Amjad Puliyali. He was inspired to startup in grocery delivering after his years living and working in Bangalore.
Read More
Sharing Economy in Transport: Adapting & Excelling International Car Sharing Model in India
According to an October 2015 report by NASSCOM and Earnest & Young, the growth of this sector is marked from the fact the global sharing economy is forecasted to grow at a CAGR of 139.4 per cent to reach USD 115 billion by 2016 from USD 3.5 billion in 2012.
Read More
Frshly Launches Operations in India with Automated Food Dispensing System at Bengaluru Central Railway Station
Currently offering 6 different cuisines with 30 combos, the brand promises unprecedented service quality, convenience and variety to its customers through its state-of-the-art dispensing machines. The brand is currently present across 3 cities – Bengaluru, Chennai and Secundrabad.
Read More
Smartron: Aims to Disrupt IoT Market with tronx, AI Powered Platform, Sensors and More
India lacks a robust innovation infrastructure. Therefore, it is indeed very difficult to build capital intense R&D driven companies that require a long time for marketing and break-even. Talent and market are present, but what the country lacks is raising the capital, risk capital.
Read More
Innoplexus Raises Pre-Series A Round of Funding from Germany-based Venture Capital fund – HCS
Hans-Christian Semmler, managing shareholder of HCS, will join as Chairman of the supervisory board of Innoplexus. He started his career in investment banking eventually serving as the CFO of VosslohAG and then as the CEO of Haupt Pharma AG.
Read More
IFC Invests in EdTech Company BYJU’s to Expand Quality Education
Creator of India’s largest K-12 app – BYJU’s is pioneering the ‘Better Learning’ space by enabling students to become self-paced learners. Offering students across geographies access to high quality teachers, the app is democratizing personalized learning for students across grades.
Read More
Rajan Anandan Joins Capillary Technologies Board
An experienced professional in digital, mobile and software products space, an industry veteran with two decades of experience in Google, Microsoft, Dell and McKinsey, Rajan will play a significant role in mentoring Capillary Technologies’ vision to be digital transformation pioneer in Asia. Apart from becoming a board member, Rajan has also served as Capillary’s advisor and is one of its early investors.
Read More
OnlineTyari Acquires Photo and Video Sharing App Plix
Plix intelligently informs users which of their friends might have their photos, which they may not have shared in the past and can be used to easily request/share entire albums of photos and videos. This is OnlineTyari’s first acquisition.
Read More
Exclusive Local Deals App BlueBook Raises $500K in Seed Round from Indian Angel Network and LetsVenture
Total food services & wellness market in India today stands at $60B and has grown at 7.7 per cent since 2013. The share of organized market is currently 30% and is expected to grow to 35% by 2021. This translates to $18B as of 2016 and is estimated to reach $32B by 2021. Bluebook is addressing a serviceable obtainable market of $300 Million.
Read More
Venture Catalysts Invests in Supr Daily, a Habit-Forming App
Founded in 2015 by Puneet Kumar (alumnus, IIT-Bombay) and Shreyas Nagdawane (alumnus, IIT-Bombay and IIM-Bangalore), Supr Daily is a subscription brand that delivers daily consumable goods such as milk, bread, eggs, coconut water etc to its users every morning.
Read More