Digital-first brands took just three years to hit Rs 100 crore
eBrands achieved traction quickly with etailers putting in place exclusive programmes to launch and test, thereby raising consumer intent to purchase differentiated products online. In the past two years, venture capitalists have invested more than $300 million in 70 such consumer brands.
Soonicorns like Nykaa, UrbanClap, Grofers to the rescue with 2X more jobs next year: HR firm Xpheno
HR firm Xpheno categorised 79% of tech st...
T-Hub announces closure of second batch of startups for Lab32
Lab32, the six-month incubation program assisted the startups with their go-to-...
Practo, ICICI Lombard team up for an app
The application works in sync with Practo’s ‘Trinity’ technology to offer users cashless consultancy.
Healthcare startup Quickobook wants to expand across Northeast & East India
A one stop solution for patients, doctors, clinics and hospitals, the healthcare platform caters exclusively to the needs of the rural population unlike its competitors Practo, DocsApp, and Lybrate.
Practo injects a new look
New York-based graphic design firm Chermayeff and Geismar and Haviv has created a fresh identity for the brand.
Practo, the health startup, is being investigated for supposed tax evasion
According to the Nikkei Asian Review website, the tax authorities searched Practo’s offices in Bengaluru and seized company records in late May.
Betting on India by Walmart is a big boost for VC industry
Investors who have ploughed billions of dollars in local startups — especially after 2014, but haven’t witnessed many exits — will now want to take new bets, said several people that TOI spoke to.
Practo Technologies sacks 150 employees as part of annual performance cycle
The company has about 1,500 employees. Practo had raised $55 million in a Series D funding led by Chinese internet conglomerate Tencent, in January.
Alteria Capital invests Rs 8.5 crore in Mumbai food startup Fingerlix
Fingerlix will use a portion of the fund to also boost its distribution channel and increase presence in retail and other distribution outlets.
PolicyBazaar to enter healthcare tech and services space
The Gurgaon-based company, which was valued at $500 million post the closure of its last round of funding in October 2017, has earmarked about $100 million towards the new venture, according to a senior executive of the firm.
Big data to help online pharmacies stay in shape
The idea is to diversify and offer more to customers. Such experimentation is gaining ground among ehealth players, who are venturing into new territories such as insurance and private label medicines by making use of data like never before.
AI to IoT, Bengaluru first to embrace new innovations
Keeping the edge adapting to new technologies and upskilling has taken India’s IT capital Bengaluru to new heights.
Budget 2018: Startups' wishlist ignored; agriculture, healthcare, fintech and education reign
Investors and entrepreneurs were quick therefore to cite huge opportunities accruing from government largesse announced for sectors ranging from agriculture to healthcare and education.
How regional language technology became flavour of the season
There are a clutch of homegrown companies which are trying to understand what Indian language speakers want to talk about and how to encourage them to do it.