First Eat, just another startup entrant in the FoodTech sector in india? Amidst all hues and cries in late 2015 and early 2016 in the Food Tech sector, First Eat raises USD 200K from an Entrepreneur. 2015 shown a good traction and rise of FoodTech sector in India. With the heavy investments...
Mike Messenger is another entry in the messenger segment where Whatsapp holds the most customer base. Although several other messengers such as Hike, We chat, Telegram etc. tried to compete but couldn’t reach that level, although new options such as stickers, shake, username search respectively were introduced. Now, what...
The launch of the Start-Up India mission The much-awaited Start-Up India mission, which seeks to provide a boost to Indian startups, finally got underway at the Vigyan Bhavan today. It was unveiled by Finance Minister Arun Jaitley. The mission is a landmark and pioneering event as far as Indian startups...
Funding story Plick, an innovative app which facilitates content and media sharing among devices, recently raised an undisclosed amount in angel funding from investor Sanjay Mehta of Indian Angel Network. Sanjay is also a part of certain other ventures, such as Mumbai Angels, B2B 1K Ventures and Venture Nursery. What is...
Funding story The fitness segment saw a major development recently with the raising of $200,000 in angel funding by fitness app FITSO. FITSO raised this funding from a number of investors. Among these were the likes of Varun Khurana, Ex CTO, Grofers, Samar Singla, CEO, Jugnoo and Vinay Bansal, CFO,...
Funding story An excellent carpooling initiative, the app Orahi recently raised Rs. 3.5 crore from Indian Angel Network(IAN). Existing IAN investors Vinish Kathuria and Amandeep Gupta led the round. They are expected to join the Orahi board. Their involvement will spur the team on towards further growth. About Orahi The app is...
Funding story 2016 promises to be a year of tighter purses for entrepreneurs and their investors. This will be especially true for food tech startups, since 2015 was a rather up-and-down year for startups in that segment. Nevertheless, a number of food tech startups have continued to make impressive gains...
Funding story App-only jewellery startup Melorra, which specializes in providing a huge range of products to interested consumers, recently received a huge boost thanks to a funding worth $5 million raised from venture capital firm Lightbox Ventures. About Melorra Melorra seeks to use the raised funding to enhance its technological base and...