Tag Archives: India

India Funding Roundup: A Social Networking Startup, Loans Marketplace, and More

Our latest funding roundup compiles seed investments in Indian startups engaged in healthcare, retail, social networking, budget salon aggregators, and loan marketplaces. Affimity Bengaluru-based social networking startup Affimity announced Wednesday that it has secured $1.2 million (roughly Rs. 8.1 crores) in angel funding from Silicon Valley angel investors and founders. Founded in 2014 by Venkata Ramana, Amar Singh, and Parveen ... Read More »

Crowdfunding a Pollution Monitoring System for India

Thirteen of the world’s 20 most-polluted cities are in India, according to the World Health Organisation, but detailed information on what India breathes is scarce. The National Air Quality Monitoring Index launched by PM Modi in consultation with IIT Kanpur in October 2014 highlights this paucity of data – the city of Bengaluru, for example, has only five polling stations, ... Read More »

Uber vs Ola in India: How Do They Stack Up?

It’s hard to believe that a company whose only product is an app on your phone that calls taxis it doesn’t even own, is valued at $62.5 billion (approximately Rs. 4,19,562.5 crores). Uber’s business model depends on being the middleman between the taxi driver and the rider, and managing transactions on the app. Doing this, Uber has scaled globally to ... Read More »

Lenovo Yoga 900 Convertible Laptop, Tab 3 Pro Android Tablet Launched in India

At a media event on New Delhi on Monday, Lenovo announced the launch of the Yoga 900 convertible laptop and the Yoga Tab 3 Pro in India. The high-end laptop, which houses an Intel 6th generation Skylake processor, is priced at Rs. 1,22,090, whereas the Yoga 900 tablet will set you back by Rs. 39,990. The Lenovo Yoga 900 is ... Read More »

Fear of Losing Jobs Recedes in India, Says Survey

Seventeen per cent of Indian employees fear about losing their jobs. This is the finding of a survey by global human resource consulting firm Randstad conducted during the December quarter. In the September survey, 23 per cent of employees had expressed fear about job security. The survey also revealed positive sentiment among Indian employers for 2016: A staggering 90 per ... Read More »

Central Bank of India Posts Rs 837-Crore Loss in Q3

New Delhi: Central Bank of India on Tuesday said it has registered a net loss of Rs 836.62 crore for the third quarter ended December. The public sector lender had clocked a profit of Rs 137.65 crore in the corresponding October-December qaurter of 2014-15. Total income of the bank decreased to Rs 6,911.62 crore during the third quarter of 2015-16, ... Read More »

Gold Discounts in India Hit Record Highs as Demand Falters

Mumbai: Indian gold traders say they are struggling to draw buyers despite offering record discounts over rallying international prices, as consumers wait to see if rates can fall further after the federal budget this month. The bullion industry expects the government to cut the record 10 percent import duty on gold in the annual budget for 2016/17 that will be ... Read More »

Google Now Offers Flood Alerts in India

Google on Tuesday announced that it will offer flood alerts in India through Google Public Alerts. The company said that users will be able to find flood alerts with river level information for over 170 areas in which Central Water Commission (CWC) has active observation stations. In a blog post, Google said the alerts will be available on Google Web ... Read More »

India Funding Roundup: A Wedding Marketplace, Mobile Developer Tool Startup, and More

Our latest funding roundup compiles seed level and undisclosed investments in a toolkit provider for mobile app developers, wedding marketplaces, personal styling apps, and advertising networks. Two startups got Ratan Tata’s backing on Monday, one is a developer of anti-cancer drugs, while the other is a online marketplace for industrial products. Hansel.io Bengaluru-based Hansel.io, has raised an undisclosed amount of ... Read More »

India Funding Roundup: A Personalised Insurance Seller, Enterprise IoT Player, and More

Our latest roundup mostly sees seed funding activity centred around sectors like online insurance, learning kits, and co-working spaces, with a couple of Series A rounds in areas like Industrial IoT and driver analytics. Turtlemint Personalised insurance platform Turtlemint has raised an undisclosed sum in an investment round led by Nexus Venture Partners, with participation from Blume Ventures. The Mumbai-based ... Read More »