Indian Startups Give Underwhelming Response to the Union Budget

While Finance Minister Nirmala Sitharaman made history on Saturday by giving one of the longest budget speeches in India’s history, the startup industry did not find much substance in a record-breaking two hours and 45 minutes long budget. Although the finance minister did touch on few contentious issues like ESOP dual taxation issue, the industry…

ByGirish ShettiFebruary 3, 20200Comments

Funding News

Weekly Startup Funding: Tiger Global makes first Indian Investment after Raising new Funding Corpus

This week witnessed decent surge in the funding activities, with three startups raising moderately high funding rounds. The week also witnessed lot of buzz around the upcoming budget as startups desperately hope for some tax relief and bold measures to foster long term growth. Keeping aside the buzz around the budget, we now turn our…

ByGirish ShettiFebruary 1, 20200Comments

News

SoftBank and Tiger Global may become part of Govt’s Startup Advisory Panel: Report

Few weeks back it was reported that Indian government is seriously mooting the idea of setting up an advisory panel that will be dedicated towards fostering the growth of the Indian startup ecosystem. According to Economic Times (ET), the panel would include CEOs and co-founders of some of the most high profile Indian startups including…

ByGirish ShettiJanuary 30, 20200Comments

Funding News

Xoogler.co Community to Held Startup Pitch Event (Demo Day) in Bengaluru

Xoogler.co - a unique community that has been solely formed to help ex-Google entrepreneurs to fulfill their startup ambitions - is all set to launch the first Demo Day of 2020 in Bengaluru on February 2nd. This event will be like any other startup pitch event wherein startups run by ex-Google entrepreneurs can pitch their…

ByGirish ShettiJanuary 29, 20200Comments

Utility focussed

Real Estate platform Uniplatform Raises Undisclosed amount of Funding

Uniplatform Tech, a technology company that operates real estate SaaS platform called MultiplyMyLeads.com, has scooped up undisclosed amount of funding from investors. Frontline Strategy Funds, SucSEED Venture Partners LLP and other investors spearheaded the round. The company said that it will use the funds to launch and expand its services in New Delhi region. L-Amit Jaiswal,…

ByGirish ShettiJanuary 28, 20200Comments

Funding News

Edtech startup InterviewBit Raises $20M from Sequoia and Tiger Global

Edtech startup and skill enhancement platform InterviewBit has raised $20M in a series A round. The round was spearheaded by Sequoia India and Tiger Global. Global Founder Capital among other investors also participated in the round. InterviewBit claims that till date this is the largest series A financing round in the edtech sector. InterviewBit had very…

ByGirish ShettiJanuary 28, 20200Comments

Funding News

MoneyTap Taps into Fresh Funding of $70 Mn or Rs 500 Crore

Economic slowdown or no slowdown, it is difficult for investors to keep their eyes off the Fintech sector. As 2020 steers towards the end of January, few Fintech startups have already scooped up funding from investors. A new addition to this list is B2C Fintech startup MoneyTap, which has just made an announcement about a…

ByGirish ShettiJanuary 28, 20200Comments

Funding News

Tiger Global Roars with New Mega $3.8 Bn Funding Corpus: Report

If Indian entrepreneurs thought that ongoing economic slowdown will saddle the investment scenario then here is some good news coming starlight from Tiger Global’s boardroom. The New York-based investment giant has raised $ 3.8 bn in new funding corpus, according to reports. The new funding corpus has been reportedly raised under the new investment vehicle…

ByGirish ShettiJanuary 27, 20200Comments

Funding News

Weekly Startup funding: Investors Refuels Bounce with massive $ 105 Mn funding

After first two dull weeks in the New Year, funding scenario gathered at least some decent pace this week to infuse much needed hope. Hopefully, this cautious faith will revitalize the Indian startup industry as it looks towards 2020 with a great sense of optimism amid economic slowdown. After few big ticket funding rounds, this…

ByGirish ShettiJanuary 25, 20200Comments

News

Why UberEats Sell Off to Zomato is a smart move by Uber

This week marked an important event for ride-hailing giant Uber, after the San Francisco headquartered company finally managed to sell off its UberEats India business to one of the prominent local rivals. Rumors and speculations were rife since last year that the SoftBank backed ride-hailing company is engaged in an intense negotiation to offload its…

ByGirish ShettiJanuary 24, 20200Comments

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