Ecommerce, takeaway joints face shortage of packaging material
The packaging supply chain is at a standstill as India has halted imports from China — a major hub for plastics — and as local manufacturers struggle with permissions to operate under a lockdown, various executives told.
E-grocers start utilising available resources of other e-commerce ventures to augment their last mile delivery
Leading national and local sup...
Curefit scoops up Rs 832 crore in fresh round led by Temasek
The new financing round has also seen the entry of two new investors into the co...
Startup fraternity hails loan deferment move by RBI; some wait for banks’ implementation
This move is dedicated to giving a breather to all EMI players, many of whom are currently income-starved.
Buzzing stocks: YES Bank, SBI, RIL, HDFC
RIL (Rs 65.02 crore) was leading the pack of most active stocks in value terms.
HDFC Life plunges 7% as Standard Life sells 5 crore shares
Standard Life is a joint venture partner in HDFC Life Insurance Company.
Venturing out during a lockdown? You may be booked under these clauses
Sec.269 IPC* Negligently doing any act known to be likely to spread infection of any disease dangerous to life Imprisonment for 6 months or fine, or both. *Cognizable, Bailable*
Venture capital hustle on hold as video calls replace coffees
While governments race to suppress the spread of Covid-19 by restricting travel and discouraging meetups, startup founders are pressing ahead.
Urban Company snaps up Australian on-demand beauty venture Glamazon
The deal will see Urban Company foray into the home-based beauty services segment in Australia
‘Psychological torture’: The alleged extortion of a venture capitalist
Bryan Nash and Michael Goguen started out as casual workout buddies, their relationship turning toxic over the years as their lives and careers diverged. While Goguen reaped the riches and rewards of the tech boom, Nash struggled to keep up—piling on debt and trying fruitlessly to break into the rarefied world of Silicon Valley venture capitalists.
Space tech startup Agnikul gets Rs 23.4 crore
Agnikul, which is operating out of the National Centre for Combustion Research at IIT Madras, said it will utilise the funding to facilitate ground testing, fabrication and expansion of its team.
Show me the money: The challenge of raising venture capital
A googly that founders often face from investors is the market they address is too crowded. Now competition is a given, very much like death or taxes, and it’s often better to have competition that validates that the market exists than otherwise.
LGT Lightstone Aspada leads $7 million funding round in micro-lender SmartCoin
Bengaluru-based startup to use proceeds to grow its loan book to Rs 1,500 crore, and double its user base to 10 million in the next 12 months.
Lodha Ventures invests Rs 45 crore in service apartment startup
While business models differ across startups, a slew of real estate companies are offering solutions for student housing to residential living as buying trends are rapidly moving to asset-light “sharing economy” from ownership.
Coronavirus blow: Firms prepare for slow capital flows, uncertainty
Record capital flows into Indian startups, many of which have been chasing growth at all costs and seen valuations multiply in the past year, are expected to halt in the coming months as coronavirus disrupts economies around the world.
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