Does Indian Startup Ecosystem get affected by Foxconn’s slow down in Investment? About Foxconn’s Plans for India Till now, Foxconn has invested in just 4 startups in India. It had plans of investing $1 billion in the Indian startup ecosystem as well as developing 10-12 factories and data centers in

It’s time to back the Next Gen Innovation in the Global Food Industry! Kellogg’s Story of Funding: Changing the Global Food Trends and Ideas Raising funds for investing sounds something new. Generally, biggies raise funds to boost their technology or for mergers. However, Kellogg’s raises funds of $100 million for

Wait and Watch Ola! Battle between Ola and Uber Renowned cab aggregator Ola (ANI Technologies Pvt. Ltd.) is piloting an hourly cab rental service called ‘Rentals’. You can hire Ola on pay-per-hour basis in selected cities. A constant battle between Uber and Ola, urges both the taxi-hailing companies to bring

Good Move, Yatra! Yatra’s Story of Acquisition Founded in the year 2012 by Solomon JP and Vishy Kuruganti, mGaadi is a Bangaluru-based auto-rickshaw aggregator. Basically, it is an app-based (Android, iOS, Windows Phone) commuting service from India Drivers Network. Recently, Gurgaon-based Yatra.com acquires this social enterprise. The acquisition deal claims

Focusing on the Fintech Startups! Funding Round Recently, Fintech software startup Plaid Technologies Inc. raised $44 million. The funding round was led by Goldman Sachs Group Inc. With the total funds of $60 million, the startup plans to boost its current technology being used for apps and websites that provides

Central Board of Direct Taxes (CBDT) Has Good News CBDT has just announced that it will no longer impose tax on the investments that startups receive from angel investors. This was a long-awaited decision from which the Indian startups stand to gain a lot. It is a part of the

StoreKing Is Empowering the Rural Customers Everyday Bengaluru-based e-commerce startup, StoreKing, is leaving no stones unturned to reach the untapped rural customer base. With its increasing reach towards the interiors of India, it is assisting customers in taking advantage of online shopping. Philosophy Behind StoreKing’s Assisted E-Commerce Sridhar Gundaiah –

Own your Gun! About Zore Zore, a Jerusalem-based startup develops a smart gun lock that gives access to the weapon only to its owner. Jonathan Zimmerman is the CEO of Zore, who was in the Isreal Defense Forces and has encountered gun-related accidents. Zimmerman along with his friend CTO Yalon

Growth & Development Beckons ClearTax Who raised how much funding? ClearTax, a tax filling platform, on Thursday announced about raising $12 Million in Series A funding from SAIF Partners. This announcement has come just weeks after they raised $2 Million in pre-Series A round funding from Silicon Valley-based founders fund

Funds for Expansion Alexander Brunst and Sebastian Kloss, co-founders of CaterWings have just raised $6.7 millions, thanks to Holtzbrinck Ventures, Tengelmann Ventures, and Rocket Internet, for expanding their European operations. CaterWings is a startup, an online catering service giving its customers a new experience in B2B catering. Because ordering large meals