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Away from its big-ticket technology investments, Silicon Valley’s marquee venture capital (VC) firm Sequoia Capital is backing a domestic beer brand, Bira 91, which is looking to tap into the growing demand for craft beers among urban Indians. This investment marks Sequoia’s first ever bet on an alcoholic beverage (alco-bev) brand locally. Founded by Ankur […]

2015 was year of a risk capital bonanza for Indian startups. Between January and December 2015, risk capital worth $9 billion was invested in Indian startups across 1,005 plus deals where deal value was announced, according to YourStory data. To put this in perspective: between 2010 and 2015, Indian startups raised $18 billion. In 2014, […]

India’s first European startup accelerator, Spark10, has launched its operations at the prestigious campus of Engineering Staff College of India (ESCI), Gachibowli – Hitech City Corridor of Hyderabad. Jon Bradford, “God Father” of Startup Accelerators Europe will visit Hyderabad in Jan 2016 to formally launch the application process for the 1st cohort of Spark10 accelerator. […]

The central government has made it a must to quote the permanent account number (PAN) for all transactions above Rs.2 lakh in a bid to curb black money. This requirement will come into effect from January 2016 and will be applicable on all sale and purchase of goods and services and for all modes of […]

Yumist, a full stack food tech startup operating in the daily meals segment, has raised a pre-series A round of $2 million led by Ronnie Screwvala’s fund Unilazer Ventures. Existing investor Orios Venture Partners participated in this round. Steven Lurie, a Valley-based investor, has also joined the round. Yumist was founded in November 2014 by […]