DIY e-commerce platform KartRocket raises funds

KartRocket

KartRocket, owned by BigFoot Retail Solutions, has raised $2 million series A funding led by Nirvana Venture Advisors. The existing investors 500Startups and Beenos also participated in the round.KartRocket provides do-it-yourself ecommerce platform for Indian ecommerce industry and Indian SMEs. SMEs can launch their online sales with the storefront designs, domestic and … [Read more...]

Everything was big with Flipkart’s BigBillionDay

Flipkart BigBillionDay

Flipkart's marketing campaign for BigBillionDay was big. It promised big discounts and made big sales on the big day. It also gained big disrepute from its customers.BigBillionDay was the name given to the Billion Day Sale on Monday, 6 Oct, 2014. On this day, Flipkart offered heavily discounted products from over 70 categories. Flash sales, Deals of the hour, Lucky draws … [Read more...]

LimeTray secures first institutional round of funding

LimeTray

Matrix Partners India has participated in Series A funding for Alchemy Web Private Limited which runs LimeTray. Other investors include Umang Kumar (CEO, Gaadi.com), Ankur Warikoo (Head-APAC, Groupon), Ankur Singla (CEO, Akosha), Anurakt Jain, and Kunal Khattar.Akhilesh Bali is the founder CEO, previously led FoodPanda India. Piyush Jain, co-founder, who was earlier Head of … [Read more...]

DocSuggest to become Ziffi very fast

Ziffi

DocSuggest is an online portal for online appointments with doctors and hospitals in Bangalore. It was founded in 2010 by IIT Bombay and IIT Kharagpur alumni Shantanu Jha, Pushkar Soni, and Anshuman Pandey."After 5 years, 15000 doctors, 2.5Lakhs appointments, over a Million users and many mistakes later, we are even more optimistic, hungry and revving to achieve bigger and … [Read more...]

MakeMyTrip allots $15 million for strategic startups

MakeMyTrip

MakeMyTrip has setup a $15million (Rs 90 crore) innovation fund to invest in travel-related technology startups. This move is similar to other Indian companies like InfoEdge, One97, Times Internet, and Smile Group, which have invested in startups related to strategic businesses.NASDAQ listed MakeMyTrip Inc., founded by Deep Kalra, is an online travel company headquartered … [Read more...]

Online grocery store BigBasket raises Rs 200 crore

BigBasket

Bangalore based online food and grocery store BigBasket.com has raised Rs 200 crore in Series B round of funding from Helion Venture Partners, Zodius Capital, and existing investors. The portal that serves Bangalore, Mumbai, Hyderabad now, will use the funds to expand to 10 cities.BigBasket was founded by VS Sudhakar, Hari Menon, Vipul Parekh, VS Ramesh, and Abhinay … [Read more...]

Y Combinator plans to bring its Startup School to India

Y Combinator

US based seed accelerator Y Combinator (YC) is deliberating on bringing its Startup School program to India. Startup School is a free one day conference where startups hear stories and practical advice from successful founders and investors."We would love to have more presence so that Indian founders know YC is absolutely an option for them," said Kathrina Manalac, a … [Read more...]

RowdyAuto geared up for safe & reliable auto-rickshaw travel

RowdyAuto

Almost all auto commuters in the nation know the most popular behavior of auto-rickshaw drivers; they refuse to travel to certain locations. Also over-charging is not a rare scene. Misbehavior, rowdyism, harassment, assault, extortion, and rape cases related to auto drivers make news now and then in the news papers and tv channels. There's no need to stress more about the … [Read more...]

TaxiForSure secures series C funding

TaxiForSure

Driven by the existing investor Accel Partners, Helion Ventures and Bessemer Venture Partners participated in the TaxiForSure series C round of funding. The exact investment was not disclosed."TaxiForSure has seen 700% growth since August 2013, and surpassed more than 2 million transactions to date. In just a little more than a year since the launch of its mobile app, 45 … [Read more...]

Withstood the breakup and helping others dealing with it

Ankit Anubhav, Founder of Breakuphelpline.com

"Had a breakup, didn’t know what to do. Too many thoughts were on my mind. So I had to work on an idea but nothing was fitting together. In 2011, went to Kalaghoda Festival and there was a book reading session Chocolate Momos and Guitar and in the book there was a mention of Breakuphelpline. And that was the eureka moment and then I have never looked back." said Ankit Anubhav, F … [Read more...]