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

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)

“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

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

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

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

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

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

 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

Great Going Rental Market!  An Overview of GrabOnRent and its funding round Bangalore-based on-demand product rental platform, GrabOnRent lately raises an undisclosed amount of funding in Pre-Series A round, which was led by IvyCap Ventures and Unicorn India Ventures. GrabOnRent was founded in 2015 by three IIT-Guwahati graduates, Manish S.