Weekly Roundup

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  – Checkout Chototel exclusive coverage.

World’s first super budget hotel on its way to India – A UK-Based Startup Chototel is just about prepared to bring a way out. It has planned to implement a Rs.100 per day hotel stay facility in Mumbai. It has started constructing 240 Room budget hotel in Nagothane (Mumbai) that can handle 1000 guest with uninterrupted services.

ACQUISITION – Checkout all startup acquisition and merging news.

Online Fashion Portal Voonik Acquires Three Startups – Online fashion portal Voonik to gain three startups to develop its premium fashion product, Vilara. In the past six months, Voonik has successfully acquired five startups.

Nokia acquires Gainspeed – Nokia announced its plan to acquire Gainspeed. By joining hands with Gainspeed, Nokia has given itself a boost to Nokia Networks. With Gainspeed’s Virtual CCAP, Nokia can increase the capacity of their existing HFC (Hybrid Fiber Coax) infrastructure.

FUNDING – Checkout which Startup raised funds

Ed-Tech Startup Cuemath Raises $4 Million – Founded in the year 2011 in Bengaluru, Cuemath is an Ed-tech startup that offers high-end after-school maths learning program for lower kindergarten to 8th grade students. Recently, it raises $4 million in Series A round of funding from Sequoia India and existing investor Unitus Seed Fund.

UK HR Startup hibob Raises Seed Funding – UK-based HR technology startup, hibob recently raised a handsome amount seed funding of $7.5 million from high-level investors like TransferWise co-founder Taavet Hinrikus, Saul and Robin Klein’s seed fund LocalGlobe, and Silicon Valley investment firm Bessemer Venture Partners.

Helpshift Raises funding of $23M from Microsoft & Salesforce – Helpshift offers an SDK to software companies for building a chat link between users of their mobile apps and their customer services. Helpshift has debuted the messaging-based approach to customer service, making real-time support easy for users, and streamlined for businesses.

P2P marketplace startup Listup raises $500K in Seed Funding – Listup, a Mumbai-based startup has recently raised $500K (INR 3.3 Cr) in its seed funding round, which was led by Kae Capital, an early-stage venture capital firm. With this round of funding, Sasha Mirchandani (CEO, Kae Capital) will soon be joining the board.

India to be backed by $3 billion Investment from Amazon – Recently, Amazon’s CEO Jeff Bezos announces that its online retail company will fund $3 billion to India as it competes with Snapdeal and Flipkart. The good news was declared in the presence of PM Narendra Modi at the US-India Business Council’s 41st Annual Leadership Summit in Washington DC. Apart from Bezos, other top business leaders were also present at the summit.

MadRat Games secures funding of $2.5 Million from Ratan Tata – MadRat Games , an ingenious  startup that provides wearable gaming platform, SuperSuit for Kids and families has raised funding from Ratan Tata. Ola’s founder Bhavish Aggarwal and Ankit Bhati, Flipkart’s founder Binny Bansal, and Girish Mathrubootham of Freshdesk participated in the funding. The amount invested by Tata still remains undisclosed.

BookMyShow’s $75m deal and Infibeam appoints new head for Rakuten – Ticket booking was never made easy until BookMyShow. Bigtree Entertainment Pvt. Ltd, the owner of BookMyShow, is in talks with US-based Stripes Group to get funding of $75m.

Fashion discovery platform Shopwati raises seed funding – Gurgaon-based Prachalit Infomedia Pvt Ltd launched an online fashion community known as ‘Shopwati’. It has secured an undisclosed amount of seed funding from Sanjiv Raj of SRKK Advisors.

Fashion startup 6Degree raises $200,000 – Recently, IAN (Indian Angel Network) funded $200,000 to 6Degree, a fashion-tech startup. Launched in the year 2015 by co-founder and CEO Nikhil Hegde, 6Degree incorporates fashion with technology.

Amplitude, an analytic startup raises $15 Million – Amplitude is an analytic company which delivers powerful user behavior analytics platform for mobile and web. It helps companies achieve sustainable growth and retention with their analysis.

INNOVATION – Startup news on most innovative product or service

Stuck with arranging your clothes after Laundry? Try FoldiMate – Foldimate uses steam to remove crease. The aim of this device is to ease your laundry chores. The product looks ideal for mums and housewives who dedicate their major part of the day’s time to laundry.

Prophix, Your Personal Dentist – Onvi, a US-based startup has developed a smart brush, Prophix that gives real-time images of your mouth. It has a camera installed in it. A perfect assistant for your mouth!

US-based startup introduces flame free lighter, Volt – The Volt costs $32. It is the wind and waterproof lighter that is quite environmental-friendly. Moreover, Volt can be recycled easily. You can charge it using a USB cable. Within  5 minutes of charging, it can work for a month. Hence, you electricity also gets saved.

Zenta: Live Life Stress-free – To enhance your fitness regime, UK-based startup Vinaya brings Zenta, a $249 wearable device that is capable of giving you all features of a fitness tracker, along with emotion management.

Hiri: Organize and manage all your Emails Easily – Hiri is a perfect platform for those who require a lot more control over the emails. It is a single window compiled with to-do list UI, providing assistance in delegating mails to important receivers, to schedule an email and place the email in a to-do list for future reference.

FIXO: Multi-Face Clock with Smart Features – An Italy-based startup comes up with FIXO, a multi-face clock, or better known as a round pc. It can control smart devices, play music, show appointments, weather updates, etc. Just weighing around 500 grams, it is powered by Intel Atom Quad Core 64-bit cpu with integrated stereo speakers and microphone. It also has WiFi, Bluetooth and a HD camera.

Photon: A Budding Robot for kids – One of the Kickstarter projects develops a toy that is ideal for kids between 6 to 12 years. It is basically a robot called ‘Photon’ that teaches a number of things and grows its skills with the kid’s age. Photon helps your kid to develop in logical thinking, technology, programming, social skills and memory enhancement .

Project Florence: Communicate with Plants – In Project Florence, the plants communicate and share information with the help of electro-chemical signals. Currently, there is no such accurate device present across the world that can act as a bridge between plant and humans. This project is the first step towards the future.

Interact IoT Device: A Unique Banking platform – British Startup Intelligent Environments comes up with a smart solution of bringing an IoT (Internet of Things) banking platform. Interact IoT devices are designed to work with existing IoT devices to curb financial problems.

Startup launches world’s first touch enabled T-shirt: Broadcast – Do you want your T-shirt to look different every day?  If so, Broadcast t-shirt could be of great use. Hyderabad Startup, Broadcast Wear invents a T-shirt that allows you customize your slogan and image as often as you like.  It is a digital T-shirt that is wearable attracting creative as well as technology enthusiasts.

NIMB: Smart Ring to save you from danger – A US-based startup is working on a smart ring called as ‘Nimb’. It is a stylish ring that tracks your location. Anyone wearing it can press the button to trigger an alert and it will send distress messages on emergency numbers.

Startup news – Checkout the latest buzz

Sebi to Ease Out Norms for Startups – By next month, regulator Sebi plans to relax listing norms for startups in order to aid them in raising funds. With this, startups can get an easier exit from their existing investors, angel, domestic and foreign as well as private equity players, who have poured heavy money in the tech market of India.

Groupon to Sell its Indonesia Business to a Startup – Groupon finds a buyer for its Indonesia business. KFit is a Malaysia-based one year old startup that sells gym and fitness memberships will soon acquire Groupon Indonesia. The startup is present in 10 cities in Asia Pacific including countries in Southeast Asia, Australia, Taiwan and Korea.

Introducing ‘Ola Operator’, OLA attracts new operators – OLA is among the largest Taxi aggregators in India. Being an Indian Startup, it is constantly refining the transportation landscape of India. It is also trying it’s best to keep people happy with new features and affordable ride services.

Jugnoo introduces Auto-Rickshaw pooling – India’s rising auto-rickshaw aggregator Jugnoo plans to launch its new feature called ‘Jugnoo Pool’, an auto-rickshaw pooling technique on World Environment Day.

Jugnoo introduces Auto-Rickshaw pooling – India’s rising auto-rickshaw aggregator Jugnoo plans to launch its new feature called ‘Jugnoo Pool’, an auto-rickshaw pooling technique on World Environment Day.

Simplilearn, an ED-tech Startup promises job interview after course completion – Bangalore-based, US Startup Simplilearn Solutions offers paid online courses for IT professionals. Founded in 2009 by Krishna Kumar, who is an engineer by profession. Simplilearn now plans to expand its tie-ups with corporate.

IT Startups To Benefit in Gujarat – Recently, Gujarat Chief Minister, Anandiben Patel announced new policy for IT startups at a press conference. For two years, IT and electronics startups will get a slew of incentives, subsidies and financial assistance from the state government.

Oracle declares its first group of Startup finalists – Recently, Oracle announced the first group of start-up finalists for the Oracle Startup Cloud Accelerator Program, which was launched in April 2016 at Oracle Cloud World in Mumbai. The program acts as a catalyst to boost India’s startup ecosystem as well as support the country’s Digital India initiatives.

What will the finalists receive from the Oracle Startup Cloud Accelerator Program? – The program acts as a catalyst to boost India’s startup ecosystem as well as support the country’s Digital India initiatives.

Digital gifting startup Bouxtie to come in India – Founded in the year 2013 by Renato Libric in San Francisco, Bouxtie is a user-friendly app that sends thoughtful video and customized gift cards instantly on social media using a smartphone. The user can forward the gift voucher. It works on real-time payment.

Introducing money-back policy, US startup Opendoor woos homebuyers – Founded in the year 2014, a San Francisco startup, Opendoor, has brought some really exciting news, so exciting that it is difficult to digest. Two years ago, it was established with a mission to simplify real estate.

Kickstart Jobs Gets Seed Funded – Gurgaon-based startup Kickstart Jobs focuses on blue and grey collar fresher workforce.Recently, it has raised an undisclosed amount of seed funding. The round was led by ah! Ventures, Pune-based venture Capital & Private Equity firm.

Silk Labs to discontinue Sense – Unfortunately, Silk Labs decided to abandon its project and bring an end to its hardware development part. Now, the startup’s interest remains only on building the software part.

Arianna Huffington to Launch ThriveGlobal, a Media-Health Startup – Who doesn’t know Arianna Huffington? The Co-founder and Editor-in-Chief of The Huffington Post reportedly is launching a media startup ‘ThriveGlobal’, which will focus on health and wellness.

Shoppimon to Expand in the US Markets – Shoppimon is a business performance monitoring startup. It plans to expand into the US markets. Unlike traditional Application Performance Monitoring, Shoppimon examines an e-commerce business’s workflow from a customer’s perspective, offering developers more actionable information about any issues that need immediate attention before they adversely impact business.

5 Lessons to Learn from the TinyOwl Fiasco – You must have heard about TinyOwl, haven’t you? The blue-eyed food-tech dream of five IIT-graduates which went belly up in a disgraceful manner last year. The company started on a very positive note, however along the way it made a number of bad decisions (consecutively), and the end result was predictable, shut down!.

Ratan Tata invests in an E-ticket Booking Startup, Kyzongaa – In the world of online booking, why to stand in line to book tickets for a movie or wait for hours in a queue to get concert passes. All you need to do is Sit-Relax-Click. Yes, booking tickets at Kyazoonga is very easy.

Now reserve a Uber cab before a month – Uber leading taxi aggregators has introduced a one month advance booking service for commuters. Starting from 30 minutes to 30 days, you can book and reserve cab for your future travelling.

An app to suggest perfect Emojis – Dango is a floating app that appears on any messaging app, suggesting emojis, stickers and GIFs based on what you are writing. It is not limited to words suggestion but attempt to improve the context and meaning. The motto is neural, to keep messaging smarter so that more can use it.


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Startup-Buzz Team

Startup-Buzz Team

Startup-buzz Team is a collaborative group of entrepreneurs, researchers, writers and experienced professionals. Tied up together to bring the latest Startup Buzz going around the globe.

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