Mirae Asset Group Launches Early Stage Focused Fund For Indian Startups
Mirae Asset Group, a South Korean financial services company, is betting on Indian startups with the launch of early-stage startups focused fund. With investments of over $200 million in half…
Services Startup ‘Housejoy’ Sees Growth In Business, On Track To Clock Rs 150 Cr GMV In FY21
Housejoy, a tech-driven construction, renovation, interiors & home maintenance company, has seen strong growth in its business. Mostly driven by verticals like construction and beauty, Housejoy is on track to…
RedSeer Report: Ecommerce Records 65pc Sales Growth
The recently-concluded festive season from eCommerce giants like Flipkart and Amazon recorded around 65% growth as compared to the previous year. As per a new report published by consulting firm…
NASSCOM: Over 50% Of Tech Startups Expect Revenue To Pick Up In 6 Months
According to the NASSCOM’s Startup Pulse 2 survey, Indian tech startups, which were hit by the pandemic, are on a gradual recovery path. With lower losses, improved cash runway and access to…
Mumbai Based Fintech ‘Eduvanz’ Acquires Edtech Startup ‘Klarity’
Mumbai-based fintech non-banking finance company (NBFC) Eduvanz has acquired edtech startup Klarity. Backed by Sequoia and Unitus Ventures, Eduvanz enables students to Study Now, Pay Later at 0% interest rates.…
E-Sports And Mobile Gaming Platform ‘MPL’ Sets Up Rs 37 Cr Fund For Indian Game Developers
Mobile Premier League (MPL), an E-sports and mobile gaming platform, has assigned a Rs 37-crore fund for Indian game developers and studios. The fund will help Indian game developers and…
Flipkart Group Acquires Bengaluru Based AR Startup ‘Scapic’
The Flipkart Group has acquired Bengaluru-based AR startup – Scapic. As part of the deal, Scapic’s team will be joining Flipkart, and with this acquisition, Flipkart aims to enhance its…
Social Media Platform ‘ShareChat’ Opens New Tech Centre ‘ShareChat Labs’ In Silicon Valley
Homegrown social media platform ShareChat has opened a centre of excellence called ShareChat Labs in Palo Alto, California, which is one of the leading technology hubs of the world. ShareChat…
Narayana Murthy Says Entrepreneurs Must-Have A Five Year Business Plan
N.R. Narayana Murthy, Founder of Infosys Ltd and Catamaran Ventures, said entrepreneurs must have a business plan of five years, extendable up to 7-10 years, to become profitable in their…
Punjab Govt Collaborates With Global Alliance For Mass Entrepreneurship To Improve Ease Of Doing Business Among MSMEs
To improve ‘ease of doing business’ for MSMEs in the state of Punjab, Punjab government has signed an agreement with the Global Alliance for Mass Entrepreneurship (GAME) under the Omidyar…