Startup-Buzz Weekly Round-Up
It’s a Sunday morning; time to do a quick round-up of posts published on Startup-buzz media last week. If you were offline for any reason, this is a great way to catch up with the entire buzz!
INTERVIEW- Enjoy Our Interaction with Startup Founders
Founded by Sandeep Aggarwal of ShopClues.com in April 2014, Gurgaon-based startup Droom is an online marketplace for buying and selling of old and new automobiles.
Founded in June 2014 by physicist couple Dr. Elina Berglund and Dr. Raoul Scherwitzl, European startup Natural Cycles is a female health-oriented startup that offers fertility tracking service.
Young Sambhavi Sinha, all of 24 years, founded ShopMate, a Delhi-based ecommerce startup in June 2015 where online buyers can find a variety of products and know the best offers available on them.
FUNDING – Checkout which startups raised funds
Ridlr Raises $6 Million From Times Internet and Others in Series B Funding Round – Ridlr, an app that helps in public transport information raised $6 million in series B funding by Times Internet Matrix Partners India, Innoven Capital and Qualcomm Ventures.
ShoppinPal Raises Funds; Eyes Strengthening Indian Retail Tech Market – ShoppinPal, a Pune-based retail tech startup, has just raised $1.07 million in Series A round of funding. The round was led by Plug and Play Tech Center and Steelhead Ventures.
Now ShareChat Raises Funds for Expansion – ShareChat, which was just a content sharing tool until recently, raised $1.35 million in a seed investment round by SAIF Partners and India Quotient.
Billionaire Businessman Ajay Piramal Invests in Cab Aggregator Utoo – The stake amount remains undisclosed. The investment is made through Piramal Group’s private company, Alpex Corporate Services.
India’s Car Tracking Startup Gets Funded By Whatsapp Co-Founder – Trak N Tell, a Gurgaon-based company raised around $3.5 million from Whatsapp Co-founder, Brian Acton and two more investors.
ACQUISITIONS – Checkout all startup acquisition and mergers news.
Banglaore-based Cubeit Cubes Myntra’s Interest – Myntra has just acquired Bangalore-based mobile aggregator app Cubeit for an undisclosed amount of money.
eBay About to Acquire SalesPredict to Strengthen Its Sales Arm – eBay is going to acquire an Israeli startup, SalesPredict which deals in the area of predictive analysis. This move is directed at boosting eBay’s efforts towards predictive AI and machine learning.
ShopClues.com buys Bengaluru startup, Momoe – ShopClues.com acquires Momoe to build payment business and expand its footprint in South India.
INNOVATION – Startup news on most innovative product or service.
Startup creates a technique to control computer with eyes – Silicon Valley-based startup, Eyefluence has established a technique to control computer screen with eyes. Assessing computer with eyes will be faster and easier than working with fingers.
Gurgaon Startup to Serve Diet Food – Founded in 2015, First Eat introduced Nutritionists’ recommended diet plans for various aims such as balanced meal plans, weight loss, muscle gain this very month.
Prisma Turns Any Photo into Art Using AI – Prisma uses artificial intelligence and deep learning algorithm to convert ordinary photos into artistic effects. It will release its android version by the end of this month.
Yoshi doesn’t Let You Go to the Gas Station – San-Francisco –based startup, Yoshi Inc. officially launched its gas delivery service in the Bay Area.
Startup Fills Your Spare Time with Calls – Developed by Neil Mody and Oliver Wellington, SpareMin is an app to connect with people in the underutilized time. The app is available for both, iOS and Android.
Quikr Launches its new home beauty service, AtHomeDiva – Two months back, Quickr had acquired Salosa, an on-demand beauty startup. Tiger Global Management backed Quikr rebrands Salosa to AtHomeDiva.
US Startup helping you to get better jobs. Find out how.. – From making people’s perfect resume, writing cover letters to registering them on LinkedIn and applying for job, everything is in the hands of Mentat, US-based HR startup.
Smart Pillow, Zeeq Allows Users to Play Music – This startup lets the user stream music through smartphone since it comes with in-built speakers. Zeeq has its dedicated app, available in both, iOS and Android.
eApeiron, Backed by Kodak and Alibaba, is aiming To Eliminate All Fake Goods – eAperion will provide a technology that would place invisible digital traceable marker on products to certify they are authentic.
Ava Winery Developing Wine From Just Molecules – It’s Science; Not Sorcery! San Francisco-based Ava Winery has been working with its bioengineers’ team to develop wine without any kind of fermentation.
Startup news – Checkout the latest buzz.
Chandigarh Angels Network and TurningIdeas Venture Partners Collaborate to Support Young Startups – Two industry players, Chandigarh Angels Network and TurningIdeas Venture Partners, have joined hands to start a mentorship program.
Pokémon Go Comes Storming Into Our World – News about the world’s most successful augmented reality game which is dominating your social feeds on Facebook and Twitter. It has been launched by Niantic with John Hanke as the CEO.
‘Planet of the Apps’ by Apple – Apple will soon launch its first TV reality show called ‘Planet of the Apps’. It is a launchpad cum accelerator for 100 world’s most talented and exceptional app developers.
Apple Releases iOS 10 beta Version – Recently, Apple announced the release of iOS 10 beta version for both, public as well as developers. It features photo apps update with face recognition, intelligent photo albums and deep learning categorization.
Paytm initiates Loan Services to Small Merchants – Paytm will offer unsecured and low-interest loans. The financial profile of the party will be assessed by financial institutions like Capital Float and Aditya Birla Finance.
Facebook is Testing Video Downloads – A small percentage of Indian Facebook users will get a new video download option. If you are connected to your WiFi, you can sync your device for offline viewing within Facebook’s app.
Y Combinator Picks Three Indian Startups For Its Next Batch – Y Combinator, has just announced the names of three Indian startups that will make into its program. Innov8, JustRide, and Meesho are the three selected startups.
Ritesh Jain, Former CFO Of Housing.com, Comes Up With His Own Startup – Ritesh Jain, the former CFO at real estate company, Housing .com left his job in order to come up with his own startup called FlexiLoans.
Xiaomi SmartPhones to be Available on Paytm Soon – Now, buying Xiaomi will not only be limited on ecommerce portals like Amazon, Flipkart and Snapdeal.
Startup-Buzz Blog – Collective set of articles filled with information.
Minting Cash From Trash – The New Startup Funda – Nowadays startups have also entered into the waste management scene and have starting doing their bit for the environment and society. With this, they have found a way to recycle garbage and make money out of it.
Why Indian Startups Are More Service Oriented Than Product Oriented? Indian startups are mostly service sector oriented while production/manufacturing sector has been ignored by them (and consciously so). Corruption, Red Tapism, Legal Troubles etc. are some of the reasons behind.
Why Service-Based Startups Dominate The Startup Industry? Service-based startups are dominating the startup industry, while the product-based startups are yet to realize their full potential. Low startup costs, flexibility and adaptability are some of its root causes.
How to Start A Business With Little Or No Investment? There are many low-cost ideas that can be taken up by aspiring entrepreneurs. The ideas in this article would help anyone interested in starting a business.
Startup-buzz updates for this week have come to an end. Now it’s Time to say Goodbye. See you with another weekly roundup, the following Sunday. Till then, have a great Weekend!