
Money Control Startups News
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News NDMC, IIT-Kanpur launch initiative for startups to present innovative solutions on civic issues
Start up competition- Civic Tech Innovation Launchpad. North Delhi Municipal Corporation (NDMC) has started a first-of-its-kind initiative, where startups will be offered a technical launchpad to present innovative solutions for civic issues such as waste management, town planning and sanitation and hygiene, and water management. NDMC has partnered...
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News Amazon, Flipkart vs CCI | When big players enter the space, they give discounts to weed out competition: CCI to Karnataka High Court
No.1| Amazon |The biggest e-commerce company has made its name from scratch and now works on major technological advances like artificial intelligence and streaming. The company was the second company to cross a trillion dollar valuation (Reuters) The Competition Commission of India (CCI) on February 26 told the...
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News PM Narendra Modi asks banks to come out with innovative products for startups, fintech
PM Narendra Modi Prime Minister Narendra Modi on Friday stressed on increasing credit to businesses to meet the needs of a fast reflating economy and said financial products will have to be tailor-made for fintech and startups. He said that although the government's endeavour is to promote the private sector, the public sector still needs to have their...
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News Startup Sages | Meet Maninder Gulati, the investor who is living his entrepreneurial dream with Oyo
Maninder Gulati, Oyo's chief strategy officer. Note to readers: Media reports of startups in India are typically focussed on the founders and investors. Little is known about other leaders who are doing important work. Startup Sages is a series of articles that will profile key personalities from the world of startups who are driving...
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News Infra.market turns unicorn, raises $100 million led by Tiger Global
Infra.Market, an online marketplace for construction material, has raised $100 million led by existing investor Tiger Global Management at a valuation of $1 billion, the company said on February 25, making it India's newest unicorn. Its other investors including Accel Partners, Nexus Venture Partners and Sistema Asia Fund invested as well. "The new fund-raise will...
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News Innovaccer turns unicorn, valued at $1.3 billion after Tiger funding
Chargebee helps businesses-mainly in the US and Europe-manage subscriptions, including billing, invoicing, taxes and payment methods. Healthcare technology firm Innovaccer has raised funds at a valuation of $1.3 billion, making it the latest entrant to the coveted unicorn club at a time when enterprise software startups are raising funds faster than ever. Innovaccer did not...
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News Delhivery hired employees, ramped up infrastructure during peak COVID-19 pandemic: Sahil Barua
Softbank-backed Delhivery is looking to raise $800 million via an initial public offering (IPO) at a valuation of around $4 billion. Unlike most of the companies which were laying off people, IPO-bound Delhivery claims it not only hired during the peak COVID-19 pandemic, but also ramped up its infrastructure. "We invest relatively less when the...
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News PayU-backed Fisdom acquires IT return filing startup Tax2win
Post the acquisition, Tax2win will continue to operate independently. PayU-backed wealth management company Fisdom has acquired Jaipur-based online income tax return filing platform Tax2win for an undisclosed amount. This move marks Fisdom's entry into tax solutions segment, as part of the company's plan to offer financial services for its customers and partners. Tax2win...
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News Small-Town Startups I Here's how this Dubai-returned restaurateur is helping himself and others who lost their livelihood to Covid
When his own restaurant in Dubai started sinking because of Covid-19, Dheeraj Kumar, 38, returned home to Bihar and got a smart idea: Make money by helping people start a similar business -- selling meals on wheels -- after they lost their livelihood for the same reason. The Patna-born entrepreneur returned to his...
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News Will work with the founders of Daily Basket to resolve the 'trademark' issue amicably: BigBasket
(Credits: BigBasket) Fighting back the bully tag, BigBasket on February 23 said that it filed a suit against smaller rival Daily Basket only to protect its trademarks but was willing to resolve the issue amicably with the company. "While checking the trademark registry, we recently came across a filing for "DailyBasket" which, in the...

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