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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 […]

Leaf Wearables, a Delhi-based maker of connected jewellery for women, has raised $250,000 (Rs 1.67 crore) in seed funding from serial entrepreneur Ajeet Khurana, Omnivore Ventures’ Jinesh Shah and other angel investors. Vikram Chachra (co-founder of Eight Capital), Vijay Talreja (co-founder, Adapty Inc) and Aniruddha Malpani (director, Solidarity Investment Advisors) also put money in this […]

ZenRooms, an online venture for booking branded budget hotel rooms, has raised an undisclosed amount in funding from a joint venture of Germany’s Rocket Internet and Qatar-based telecom operator Ooredoo. The venture, run by Singapore-based Zen Rooms Hospitality Pte Ltd, had in June raised $1 million from former Kingfisher Airlines CEO Sanjay Aggarwal and Kaneswaran Avili, former […]