BetterPlace carries out verification for potential hires and clients apart from training and developing app-based safety features.
i-Lend has partnered with credit risk assessment and verification company Lenddo which uses social and non-traditional data for credit scoring. Singapore-based Lenddo.
Routofy has launched an end-to-end app for travel booking and assistance, which lets users book the entire trip, across different modes of transport, in one go.
The investments aim to create a potential market for CTE’s solutions on big data analytics and cloud services.
Calling itself a technology-enabled version of the Mumbai Dabbawalas, it delivers food as part of corporate meal programme and to individual employees from home chefs.
The exits, triggered by shutdowns, acquisitions or cost cuts, have created a pool of top-notch talent for younger companies to pick from.
The company founded in 2012 pivoted from an offline to online discovery platform to an ecommerce affiliate model in 2015.
"We work on a credit-and-deliver model as opposed to the cash-and-carry model of large B2B chains such as Walmart."
The firm which has raised Rs 200 crore in the first close has also backed kidney-care chain Nephroplus, b2b messaging platform HelpChat and surface logistics player Rivigo since its inception in August 2015.
The Startup India Action Plan which was unveiled by PM Modi aims to set up 35 new incubators based on the public private partnership (PPP) model.
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