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Xiaomi to invest in startups, set up its manufacturing units & ecommerce in India
Xiaomi, from China has forayed into the smartphone market in full gusto. It has developed e commerce for the smartphones and other devices full fledgedly, as per sources. The Head of Xiaomi says, the phone maker has also considered an investment in Indian startups for developing the ecosystem. Xiaomi thrives on the sale through Snapdeal, […]
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Investors looking to invest in Indian startups run by youngsters
The investors of the Indian startups like Mu Sigma, Ola and Flipkart value wisdom and energy presently. Tech-savviness and experience thus take a back seat now. This theory had worked for them drastically and this is a factor that the investors like for pouring money in beyond all other some things. Rajan Anandan’s name calls […]
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Uber to invest 50 million USD to enhance global business in India
The cabpreneurs in India who have forayed into this car service business by Uber and other taxi hailing app companies have become quite some great entrepreneurs themselves. Listening to their stories, of some having left a grocery business to take the job of a car driver at Uber and making good money, looks like a […]
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Venture capital funding shows marked interest and increasd flow of funds into domestic startups
This year, 2015, will happen to be another year of record funding, surpassing all the funds flowing into the market through venture capital funds, in 2014. It totals to about 15,600 crore for the start ups in India, this year. This is due to the interest generated in domestic startups globally. The funds flowing in […]