Angel Investors in India have to face lot of Uncomfortable Truths. But there is still Hope

This news may dampen your spirit a little, especially if you are rejoicing over recent strong indications that VC funding is finally seeing revival in the Indian startup ecosystem. But again, my duty is to bring out complete & comprehensive picture, which essentially means that I should not leave any uncomfortable stories. So the uncomfortable truth…

ByGirish ShettiNovember 5, 20180Comments

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A Millionaires crazy idea to Build a Blockchain Smart city in Nevada Desert

Imagine a smart city right in the heart of Nevada desert, which I presume should not be that difficult to imagine even for a lame person. But what if I tell you that this smart city will be based on a blockchain project. Hmn… now that is probably like stretching your imagination a bit too…

ByGirish ShettiNovember 2, 20180Comments

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Is FoodPanda Partly Responsible for Fueling Ola’s Fundraising Spree

India’s home grown cab hailing company Ola is currently on a fundraising blitz. Barely a month after raising $50 Mn from two Chinese investors, reports are now claiming that the cab hailing major is finalizing $100 Mn fundraising deal with Steadview. Ola had already raised $1.1 Bn last year at a valuation of nearly $4…

ByGirish ShettiOctober 31, 20180Comments

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It’s Official: Paytm is Breathing down the Neck of BookMyShow But….

It is not that we didn’t know it, but now it has become far too obvious. Simply put, the latest figures thrown out by BookMyShow in its regulatory filings unanimously indicate that company’s movie ticketing business is feeling the pressure. The pressure is all thanks due to Paytm, which is steadily eating into BookMyShow’s main…

ByGirish ShettiOctober 30, 20180Comments

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Is Tesla’s rare quarterly profit a truly defining moment

Elon Musk hasn’t exactly enjoyed a good press for the last few weeks. Well, if not for his notorious tweets Musk would have been better off in recent times. However, the talismanic entrepreneur has a good reason to burry those unforgiving weeks, after his electric car company Tesla reported a rare quarterly profit on Wednesday. To…

ByGirish ShettiOctober 25, 20180Comments

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Google Planning to launch shopping tab in collaboration with Flipkart, Paytm & others: Report

Concerned with its declining advertising revenue, Google is all set to launch a dedicated shopping tab in India, according to a report published in the economic times. The tab would enable online shoppers to search for products and then direct them to Merchant’s websites or e-commerce platforms. Economic times cited unidentified sources to claim that the…

ByGirish ShettiOctober 15, 20180Comments

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UCWeb Denies Acquisition Talks with Paytm

UCWeb has strongly denied reports that it is holding any acquisition talks with Paytm. The denial comes barely 24 hours after media reports claimed that Paytm is pursuing acquisition talks for buying UCWeb’s India business. Reports also claimed that Paytm’s CFO Madhur Deora is heading the acquisition talks and has already held meetings with the…

ByGirish ShettiOctober 13, 20180Comments

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Paytm in talk to Acquire UCWeb’s India Business: Report

Continuing with its acquisition spree, Paytm is reportedly in talks to acquire UCWeb’s India business. For all those who don’t know UCWeb is a popular mobile browser, which today accounts for 51% of market share in India’s mobile browsing market. Its rising popularity can be gauged from the fact that last year it managed to…

ByGirish ShettiOctober 12, 20180Comments

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IDG Ventures sharpens focus on Indian startups with a new name

IDG Ventures India, one of the formidable players in the early stage investment, has tweaked its brand name. The venture capital firm will be now known by a native Indian name ‘Chiratae Ventures.’ The rebranding is part of company’s strategy to move away from global ecosystem and sharpen its focus on Indian startups. Chiratae is a…

ByGirish ShettiOctober 10, 20180Comments

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Small Sellers may give miss to e-commerce festive sale

This week Flipkart and Amazon will start their annual sales festival and with it will mark the beginning of India’s biggest e commerce festival season. However, this time India’s biggest online shopping festivities may be marked by the conspicuous absence of small sellers. This is because there is noticeably less excitement among small sellers for…

ByGirish ShettiOctober 9, 20180Comments

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