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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 […]

The government is working on a new start-up policy that will focus on manufacturing, seek to promote innovation, and also offer tax incentives to small unlisted start-ups. The aim, a government official familiar with the matter and speaking on condition of anonymity said, is to build an entire “ecosystem”, not merely offer incentives. The policy […]

When it comes to being creative, action and achievement oriented, Indian start-up founders seem to do well, but they lack the flexibility and consultative leadership approach needed for sustainable growth of their companies, a Hay Group report said. The global management consultancy firm conducted a survey to assess the leadership traits of 150 start-up leaders. […]