Mu Sigma & Flipkart have become pin-up symbols of India’s entrepreneurial activity, serving as an inspiration for hordes of wannabe entrepreneurs.
VC firm IvyCap Ventures is investing Rs 25 crore in Gurgaon-based Leixir, a company which manages a dental labs chain in North America.
Stalwarts like Patni brothers, Harsh Mariwala & others channel money into specialist funds to track hottest start-ups
Experts said there is a change in risk appetite that is driving this trend. Since 2013, nearly half a dozen companies have seen their valuations rise to over $1 billion.
More than a handful of first-generation entrepreneurs have managed to mint their first $100 mn in wealth while still in their thirties.
The online commerce company has hired at least 20 people in senior positions in the past two years and “this kind of talent adds value to our business.
For Unilazer, which has backed consumer internet and impact investment ventures, this is the first investment in big data.
Just Dial will launch in United Kingdom next month and then by October in the United Arab Emirates, after which it will look to expand into South East Asia.
"There is a need for technology companies to assist in the growth of health insurance market. We are excited to partner with Remedinet," said Jhunjhunwala.
While e-tailing has been a fast growing channel in the Indian retailing landscape, the bulk of retail sales happen through brick and mortar stores.
Players like Housing.com, which was founded by IIT Bombay graduates, are also charting aggressive expansion fuelled by venture capital financing.
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