Startup-Buzz Weekly Round-Up
Get updated with the 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!
FUNDING – Checkout which startups raised funds.
Artificial Intel Startup Mad Street Den Raises Funds by Sequoia Capital – Mad Street Den has recently raised an undisclosed amount of funding from Sequoia Capital, India.
Mukesh Ambani Invests INR 5,000 Crore for Startups – Mukesh Ambani announces setting up an INR 5,000 crore venture capital fund to purely invest in digital startups over the next five years.
Fashion Rental Startup Flyrobe Raises $5.3 Mn – Mumbai-based on-demand fashion rental startup Flyrobe has recently raised $5.3 million (around INR 35 crore) in Series A round of funding.
Online Photography Startup Canvera Raises $3 Mn – Bengaluru-based online digital photography startup Canvera Digital Technologies Pvt. Ltd. raised $3 million (INR 20 crore) in a recently conducted funding round.
Co-founder of Myntra Invests In Agritech Startup DayBox – This agritech startup has recently raised $104,000 from the Co-founder of Myntra, Ashutosh Lawania, Co-founder of Yebhi.com, Rajul Jain, and other eight angel investors.
Paytm Raises $300 Mn At $4.8 Billion Valuation – Renowned Indian online payment and e-commerce startup Paytm raises $300 million from a group of investors led by Taiwanese semiconductor maker MediaTek.
LoanTap Raises $3mn in Series A Funding – The recently raised funds will primarily be used by the startup to expand its operations in Indian regions like NCR, Mumbai Metropolitan Region, Pune, and Bengaluru.
On-Demand Food Delivery Startup Runnr Hoists $7 Million – 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.
ACQUISITIONS – Checkout all startup acquisition and mergers news.
Leading Gaming & Hospitality Company Acquires Adda52 for $23 Million – Online rummy gaming and poker startup Adda52.com was recently acquired by Delta Corp, casino and hospitality operator for $23 million in a stock deal and cash.
INNOVATION – Startup news on most innovative product or service.
Amity − A New Interactive Messaging App for Both Android As Well As iOS – Everyone has been waiting for the release of iOS 10 so that they can finally get hold of the new iMessage app. The salient features of this new iMessage are message bubbles, animations, handwriting, tapbacks, and invisible ink and much more.
Dutch Startup Develops a ‘Flying Car’ worth $600K – Dutch startup, PAL-V NV has already developed a two-seater ‘flying car’ which it claims, will be ready for sale in the US for $600,000 by 2018.
Xiaomi introduces Mi Robot Vacuum with Laser distance Sensor – The Chinese market has never failed to surprise us whether it’s parallel investments or the latest gadgets. After the recent launch of its mobile payment system Mi Pay, Xiaomi introduces a robot vacuum!
Mumbai’s Fin-tech Startup to Introduce Aadhaar-Enabled Payments through Iris Scanning – Simpal Mobile Payments and Information Services, a Mumbai-based fin-tech startup is about to introduce Aadhaar-enabled payments through iris scanning.
Pocket-friendly Rates for Speakers by Intex Technologies – Intex Technologies launched a brand new 2.1 speaker system for Rs.4, 000 only.
New Electronic Instrument ‘Mune’ Designed by a Team at Memorial University – This wireless electronic instrument come with an app and can also be used for the DJ-ing, drum beat sequencing, playing piano & synthesizer.
Tablet App One20, Fixing the Trucking Industry – One20 provides is a new platform and social network that believes it can do better than most in-cab navigation systems that most vehicles use, trucks particularly.
App for Co-Listening Music with Your Miles-Apart Friend – A new and unique app, Lisn allows you to stream songs while chatting with your friends. It’s like sharing earphones; irrespective of how much far your friend is.
Monese App Is Here To Help Immigrants with Easy Banking – Immigrants in various countries have a horde of legal issues that make many of their activities more intricate, but thanks to Monese, a new app allows immigrants to bank at a low rate and with an ease in the United Kingdom.
App That Lets You Win Money – ‘Double Dog’ is a new and unique app that lets you send and receive dares to your friends. If your friend fails to complete the dare, you can win money.
Domino’s to Launch Pizza Delivery via Drone – Domino’s Pizza in Auckland city of New Zealand is about to launch unmanned drone pizza deliveries on a regular basis. It is the first company in the world to start such commercial drone services.
FoodPanda Launches Quality Check Program, Food Doctor – Recently, FoodPanda has launched a Food Doctor Program which aims at checking quality and hygiene standards of foods prepared at its partner restaurants.
Presenting A Neuroscience-Based Matrimonial Site, Banihal – The startup uses a neuroscience-based recommendation engine with advanced search technology to make matches.
Indian Startup ChampOne All Set To Launch Smartphone At Rs. 501 Only – ChampOne, an Indian startup is planning to launch a smartphone called ‘ChampOne C1’ only at Rs. 501 via flash sale on 2nd September.
Dictate the Price You Want to Pay for Your Hotel Stay with FindMyStay – FindMyStay is a platform where customers can choose the price they want to pay for a room with their selection, that too; after the stay.
Free Next Day Delivery Service from Snapdeal – 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.
Govt Intends to Initiate a TV Reality Show for Indian Startups – 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 channel destined only for the Indian startups and entrepreneurs.
28-Year-Old Son Picks Digital Music over Billionaire Father’s Palm-oil Business – BandLab is the easy-to-use, all-in-one, social music creation platform founded by Kuok Meng Ru, son of Singaporean billionaire Kuok Khoon Hong.
Startup news – Check out the latest buzz.
Acer presents the Brand New- Spin Series of World’s Thinnest Laptops – We never thought a laptop getting thinner than an Apple’s MacBook or an HP’s Spectre 13! Taiwanese tech company Acer recently launched the world’s thinnest laptop, Spin 7 at IFA 2016 in Berlin.
Google to Launch Car- Ride Sharing Service in San Francisco, Just like Uber – Tech giant Google will now run its own ride-sharing service in San Francisco like Uber, making itself a competitor of this renowned taxi hailing service.
Xiaomi Comes Out With GPS-enabled Smartwatch ‘Amazfit’ – Renowned Chinese electronics maker Xiaomi’s sub-brand Huami recently unveiled a GPS-enabled smartwatch called ‘Amazfit’ in China valued at $120.
Philips’ Battery Operated $40 Motion Sensor “Hue” – Philips has launched a motion sensor for smart lights called ‘Hue’ that works on batteries; paired with the Philips Hue app for customization of the device.
Handheld Video Stabilization System DJI Osmo+ Launched In India – 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.
CEO Elon Musk Encourages Employees to Deliver “Every car we can” at Tesla – Elon Musk, Co-founder, CEO and product architect of Tesla Motors Inc. recently sent an internal memo to employees at the company urging them to cut costs and deliver “every car we possibly can”.
Make payments via Smartphone with Xiaomi’s Mobile Payment Service – Chinese electronics company; Xiaomi is making headlines once again with, Mi Pay, a new mobile payment service.
GirnarSoft Launches Newest Auto Portal, BusesDekho.com – GirnarSoft launches a passenger vehicle portal BusesDekho.com, an online auto portal that lets people research on various models and features of buses right from the website!
US Startup Houzz to Step in India – US-based online home design and decor startup Houzz Inc. hires BabyOye Co-founder Sanjay Nadkarni as the Country Head to begin operations in India.
Uber Launches Electric Vehicles in UK – Renowned cab aggregator, Uber recently introduced a new electric car service on a pilot basis in the UK with 50 vehicles.
Apple Will Unveil its Next iPhone soon – According to the press release, Apple is about to unrevealed its next iPhone at the Bill Graham Civic Auditorium in San Francisco.
LeEco to Accrue Smartphones in India – LeEco, Chinese handset maker will convene its smartphones, Le2 in India by investing Rs.50 crore in the facility.
Apple Brings Jessica Alba for ‘Planet of the Apps’ – Actor and entrepreneur Jessica Alba will be seen on Planet of the Apps, a reality show by Apple as a mentor and advisor for the budding developers.
Google Lining Experienced Executives like Shaun Stewart for its Self-Driving Cars Subsidiary – In recent news, the tech giant Google has hired Shaun Stewart as Director of Google’s self-driving car project.
Uber’s Board Member Drummond Steps down as Competition with Parallel Company Alphabet Inc. Increases – For over a year now, both Alphabet Inc and Uber have been working on their own developments of self-driving cars. Recently, Drummond was given the cold shoulder by the Uber team!
‘Big Bazaar Direct’ To Call It Off – Future Group Founder and CEO Kishore Biyani confirmed the news of ‘Big Bazaar Direct’ shutting down in the next week since it is experiencing great losses.
White House to Let Foreign Startups Work in The U.S. With The International Entrepreneur Rule – 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!
Press Releases- Official press release related to companies and startups
Facebook Fired Trending Topics Team with One Hour Notice – Recently, Facebook eliminated a team of 15 to 18 contractors that are hired to write the short descriptions of Trending Topics.
NearFox Raises Funds from Clutch of Investors, Sets Sights on New York – NearFox, a local lifestyle content and discovery platform headquartered in Mumbai, has recently raised an undisclosed amount of funding.
Startup-Buzz Blogs – Collective set of articles filled with information
Why You Should Register a Company before Talking to VCs – Read on to find out why you should take the time out to register a private limited company at least a few months in advance.
Startup Lessons from Gawker – While the fans mourn the closure of this mean, gossipy celebrity news site, the startup world can take a business few lessons from Gawker.
Secret behind Propelling an Indie Game Development to Global Success: Partnership – Partnership is a the way how two businesses (with different subject expertise) can work in tandem to create something big.
Ghost Hunting- A Weird Idea Which Got Success! Some entrepreneurs have found a way to track anomalous activities or have fun around it. You may find them weird, but they are worth a try. Here are five such apps which are doing a great job at ghostbusting!
The Tale of Two Brothers & How They Took the Gaming Industry by Storm – Justin and Lee Wasilenko give credit to pizza boxes which turned their idea into a big thing. These two brothers head Orange Bridge Studios, a small VR development company.
Startup-buzz updates from the previous week have come to an end. Now it’s Time to say Goodbye. See you with another weekly roundup, the following week. Till then, have a great week!