India

Paytm Raises $300 Mn At $4.8 Billion Valuation
Again Paytm Makes in the News! About Funding Renowned Indian online payment and e-commerce startup Paytm raises $300 million from a group of investors led by Taiwanese semiconductor maker MediaTek. With this investment, the valuation of the Noida-based Paytm will become more than double, which comes to over $4.8 billion.

Uber’s Board Member Drummond Steps Down As Competition With Parallel Company Alphabet Inc. Increases
Drummond given the cold shoulder by the Uber team! The growing Competition- Alphabet vs. Uber For over a year now, both Alphabet Inc and Uber have been working on their own developments of self-driving cars. Uber recently announced the start of its self-driven car service, while Alphabet for years has been working

‘Big Bazaar Direct’ To Call It Off
“I attempted e-commerce four times in my life. We started FutureBazaar way before Flipkart. We lost Rs. 300-350 crore in business. Then, we created Big Bazaar Direct…We lost there as well,” said Biyani. The Cause of Shut Down Future Group Founder and CEO Kishore Biyani confirmed the news of ‘Big

LoanTap Raises $3mn In Series A Funding
Professionals in for some credit! FinTech startup LoanTap’s Series A funding was primarily led by HNIs Abhishek Pandey and Jaysukh Sapra. About LoanTap Founded by Satyam Kumar and Vikas Kumar in 2016, LoanTap is a lending platform for salaried individuals. The startup provides EMI-free loans up to an amount of

Dictate The Price You Want To Pay For Your Hotel Stay With FindMyStay
FindMyStay favors democracy! What is FindMyStay all about? The hotel inventory gets wasted these days as hotel rooms go unsold in India almost on a daily basis. So, when space gets unsold, it could be a huge loss to the hotels operating in the industry. Hence, hoteliers, you no more

Free Next Day Delivery Service From Snapdeal
A Step to Stand Out of Crowd! Good News for Snapdeal Users Snapdeal has recently publicized a free next day delivery service called ‘Snapdeal Gold’. With the help of this service, users can get next day delivery, free shipping, and an extended purchase protection on prepaid orders in selected cities.

Handheld Video Stabilization System DJI Osmo+ Launched In India
Motion with Zoom DJI is launching its newest product the Osmo+, a handheld camera stabilization system. The new Osmo+ improves the previous versions’ stabilization abilities with a new integrated zoom camera. Features of the DJI Osmo+ This new device enables users to get closer to their subjects than ever before.

On-Demand Food Delivery Startup Runnr Hoists $7 Million
How it Becomes Possible ? Bengaluru-based startup Runnr, offering online food delivery service has raised $7 mn in a round of funding that was co-led by the Blume Venture Partners and Nexus Venture Partners. Ex- investor Sequoia Capital did not attend the funding round. Established by Arpit Dave and Mohit

White House To Let Foreign Startups Work In The U.S. With The International Entrepreneur Rule
Is the long wait for entrepreneurs to step overseas finally over? The startup world has had a dramatic awakening with recent news of the Obama administration proposing a new rule to allow foreign startup founders to come to the United States! Provided they have raised money from American investors, these

Govt Intends To Initiate A TV Reality Show For Indian Startups
Golden Opportunity for Startups Govt is taking some more steps to encourage startups in India after PM Modi’s Startup India, Stand up India initiative. Now Department of Industrial Policy and Promotion (DIPP) has come up with an idea of launching TV reality show for the Indian startups while commencing a dedicated TV