StartUp News
Here we feature the most promising ideas, entrepreneurs, businesses and more.

Tata and Uber Shake Hands
2016 Witnesses a Significant Example of Merger! Shaking hands Both the biggies don’t need any introduction. The Tata Group and popular ride-sharing company Uber Technologies Inc freshly announced its new collaboration to offer driver partners on the Uber platform as well as a comprehensive vehicle purchase and ownership solution, amongst

SBI Invests Rs.200 Crore into Fintech Startups
SBI, A Bank to Bank on! Recently, in an event in Mumbai , SBI chairman, Arundhati Bhattacharya, announced a Rs 200 crore fund for fintech startups. These startups are a perfect amalgamation of financial and technological services. According to Arundhati Bhattacharya, SBI will offer up to 3 crore to each

Voonik secures $20 million in Series B
Well done, Voonik! About Voonik & its Series B round of funding Bangalore-based online fashion app, Voonik is a personal shopping app for women that allows the users to buy apparels from multiple stores, according to their body type, lifestyle and budget. Recently, Voonik raised $20 million (INR 133 Crore)

Leonardo DiCaprio Invests in a Startup
“The easiest way to make money is -create something of such value that everybody wants and go out and give and create value, the money comes automatically.” – Jordon Belfort, The Wolf of Wall Street Leonardo’s Soaring Titanic in Investment Leonardo DiCaprio, doesn’t need any introduction. The charming actor is

Cloud Services Startup Joyent to be acquired by Samsung
Joyent to become Joyful! Today’s world is the cautious about tremendous competition. Therefore, witnessing companies getting merged or getting acquired isn’t a something new. Lately, US-based Joyent, a public and private cloud provider has become the face of acquisition. It is because Samsung Electronics had recently made an announcement of

The Popular Belief “80% Startups Fail Within The First 18 Months” is a Complete Lie
According to GEM’s Global Report, a staggering 100 million businesses are launched globally, every year. However, it is believed that 80% of these startups fail within the first 18 months. This statistic takes the wind out of the glorified startup world’s sails. The truth is that it’s not a truth. It’s a complete

Indian Facebook Users Can Easily Combat Suicidal Thoughts. Find out how
A great step taken by Facebook! Facebook to the Rescue The world-renowned social networking site, Facebook introduces tools and resources on its site for Indian users to combat suicidal thoughts. In India, suicide news is a very common. Since Facebook has reached and influenced the Indian masses, it is a

Airbnb raises $1 billion in debt financing. Find out why..
Good move by Airbnb! Airbnb’s investors & its funding Unlike other big startups like Uber and Lyft, Airbnb doesn’t have to pour out money to make money. Freshly, Aribnb has raised $1 billion in debt financing from a bunch of major banks such as J.P. Morgan, Citigroup, Bank of America

Zuckerberg’s Venture Invests in Global-tech Startup, Andela
Chan Zuckerberg debuts in investment! Couple Dairies Founded in 2014, New York-based startup Andela trains software developers in Africa (Lagos, Nigeria, Nairobi and Kenya). The Chan Zuckerberg Initiative, created by Mark Zuckerberg and his wife Priscilla Chan, is leading a $24 million in Series B funding round of Andela. Investors

Queue Management App Sminq Secures $1 Mn From Saama Capital & Blume Ventures
Now, no more waiting in long queues! About Sminq & its seed funding round Pune-based queue management app, Sminq lately raises $1 Mn in a seed round of funding, which was led by Saama Capital and Blume Ventures. Angel investor Vaibhav Domkundwar of micro-venture firm Better Inc. also participated in