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Business

Hampton Creek Announces its Value Near to Unicorn Status
BusinessStartUp News

Is it that easy to reach unicorn status? Hampton Creek Touching Unicorn Status US-based food startup Hampton Creek’s CEO, Josh Tetrick boost up the morale of its employees by announcing that the startup is about to reach coveted unicorn status. The chief executive officer and co-founder told employees that it

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TaxiForSure shutting down- Ola resource crunch leads to lay-offs and migration of employees
BusinessStartUp News

Employees on the Move Fate of the Employees Ola, India’s most popular mobile app for transportation shuts down its TaxiForSure business. As per multiple sources, the company has also laid off approximately 700 employees in one go! Some drivers on TaxiForSure have been migrated to the Ola platform, while most

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Startup that Offers Bartering Services Online
BusinessStartUp News

The New Way of Bartering! About Simbi US-based startup and a part of Y Combinator’s current batch, Simbi is a marketplace where people can easily barter services and skills online. Simbi is a short form of “Symbiotic”. The platform is still operating on the beta version and is open to

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Startup Creates Protein Powder from Edible Insects
BusinessStartUp News

The Future of Food is here! Flying Spark Makes Protein Founded in 2014 by serial an entrepreneur Eran Gronich and insect specialist Dr. Yoram Yerushalmi, an Israeli startup, Flying Spark makes protein powder for human consumption from edible insects like the fruit fly larvae that are rich in calcium, magnesium,

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ONGC Reveals Funds for Startup Scheme
BusinessStartUp News

Innovations are Need of Hour! ONGC Divulges Rs.100 Crore Startup Fund Like others, The Oil and Natural Gas Corporation (ONGC) is also planning to bring some innovations in oil and gas sector, and for this purpose, it has instigated Rs 100 crore as a startup fund in its Diamond Jubilee

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Hike Raises $175M in Series D Round of Funding
BusinessStartUp News

India’s new tech unicorn! About the funding Hike, known as the competing messenger app of WhatsApp has raised $175 million in Series D round of funding, which was led by Tencent and Foxconn. These funds made the company’s valuation to $1.4 billion. The existing investors are Softbank Bharti ($7 million)

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OYO Rooms Raises $62 Million from SoftBank
BusinessStartUp News

OYO Rooms getting bigger and better! Founded in 2013 by Ritesh Agarwal, OYO Rooms raised a whopping $62mn from its existing investor- Japan’s SoftBank Group Corp. with no participation from other existing investors including Greenoaks Capital, Sequoia Capital, and Lightspeed Venture Partners. Gurugram-based budget hotel aggregator OYO Rooms is India’s

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Back from the Dead- Nokia handsets reintroduced by Finnish company HMD
BusinessStartUp News

A real eye-opening move! Finnish company HMD plans to relaunch the Nokia brand for phones. HMD has more to offer with its plans, providing the company with naming and patent rights, in exchange for royalty payments. Though there is no direct investment in HMD, Nokia is providing some oversight via

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Amazon India Launches the Used Books Store
BusinessStartUp News

So what, if the Books are used? The Used Book Store Yes, it is definitely not necessary to buy a fresh book every time for reading. However, whenever you order books online, they are always new. But, even used books don’t make a difference when your only purpose is to

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Twitter Denies the Rumors of its Closure in 2017
BusinessStartUp News

Long Live Twitter! How These Rumors Originate? Rumors have their own place in media, some rumors bring out hidden truths while as most of them are baseless and completely fake. Likely, such a fake rumors about shutting down of Twitter in 2017 is in the air these days. However, it

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