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Start-Ups

Sequoia India Backs AI-Based Sales Solutions Provider In $8 Mln Round !!

Sequoia India Backs AI-Based Sales Solutions Provider In $8 Mln Round !!

Bengaluru: Salesken.ai, a start-up that provides artificial intelligence-based tools to improve sales, has raised $8 million in a Series A round from Sequoia India. The round also saw existing investors such as Unitus Venture and Michael and Susan Dell Foundation making a partial exit. Founded in 2019 by Sreeraman Vaidyanathan and Surga Thilakan, Salesken’s proprietary technology uses machine learning and data science tools to learn successful sales tactics and help teams with real-time intelligence to land more deals. The Bengaluru-based company said the new funds would be used for further development…

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This Social Commerce Start-Up Is Creating a New Way To Shop For Bharat !!

This Social Commerce Start-Up Is Creating a New Way To Shop For Bharat !!

Jaipur: The spectacular entry of Reliance Jio and the subsequent disruption in Internet data usage led to the creation of unimaginable possibilities. Millions of people were going to be able to access the Internet for the first time, and most of them were going to be mobile-first as well. About 4 years later, the expected disruption has happened, and while content platforms such as TikTok have probably been the biggest gainers so far, online commerce is not too far behind. There’s the likes of Facebook-backed Meesho and Mumbai-based Shop101, which…

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This Indian Start-Up Wants To Bring More Customers To the Digital Payments Landscape !!

Bengaluru: Akash Sinha has always had the proverbial entrepreneurial itch. From trying to build a social network for workplaces to running a portal that would match entrance exam scores with the qualifying institutions during his undergraduation, he has dabbled a fair bit into starting up to know how it works. “It’s always been about looking at the problems in the market and trying to solve them; that’s what you do as an entrepreneur,” he says. Sinha is now the co-founder and chief executive officer of Cashfree, a payments and banking…

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Tamil Nadu’s Filter Kaapi Mafia, Other Investor Networks Drive The Budding Startup Ecosystem !!

Tamil Nadu: The Tamil Nadu Startup Policy was launched only in 2019 despite successful startups being around for over a decade. With small-scale networking events and local groups, TN startups are getting the right support system. Organisations such as Entrepreneurship Development Institute of India, Young Entrepreneur School and others are enabling newer founders. Tamil Nadu was noted as an emerging state in DPIIT’s Startup Ranking 2018. Since then, a lot has changed in the ecosystem — for one the Tamil Nadu government launched its state startup policy last year to back…

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PM Modi launches ‘Garib Kalyan Rojgar Abhiyaan’ to create infra, jobs in rural India !!

New Delhi: PM Modi launches ‘Garib Kalyan Rojgar Abhiyaan’ to create infra, jobs in rural India. Prime Minister Narendra Modi on Saturday launched ‘Garib Kalyan Rojgar Abhiyaan’ to boost livelihood of opportunities in rural India amid the COVID-19 crisis. The Prime Minister flagged off the Abhiyan from village Telihar in Bihar’s Khagaria district via video-conferencing. The campaign of 125 days across 116 districts in 6 states aims to work in mission mode to help the migrant workers. It will involve intensified and focused implementation of 25 different types of works…

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Startup Watchlist: Indian Electric Vehicle Startups To Watch Out For In 2020 !!

India is forecasted to become the fourth-largest market for EVs by 2040. In the past couple of years, the country has observed a behemoth of electric vehicle startups majorly targeting the shared mobility segment. Which electric vehicle startups have the potential to outshine the competition in 2020? The Startup Watchlist, an annual series in which we list the top startups to watch out for in 2020 from industries such as agritech, deeptech, logistics, healthtech, edtech and more. Explore all the stories from the ‘Startup Watchlist’ 2020 series here. When 16-year-old…

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A non-profit in Silicon Valley is helping minority start-up founders succeed !!

As we shine a spotlight on the lack of diversity in Silicon Valley, it’s worth highlighting some of the people who have been working to bring more diversity to the tech scene for years. One prime example is James Norman, now CEO of Pilotly, a focus group company. He also co-founded and runs an organization called the Transparent Collective, a non-profit that aims to help early-stage minority founders. The organization hosts groups of entrepreneurs from around the country for a four-day program of coaching and panels to help them hone…

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Realme an Indian startup, its smartphones made in India: CEO Madhav Sheth !!

  Realme India CEO Madhav Sheth has explicitly said that Realme is an INDIAN startup. In his latest episode of Ask Madhav series on YouTube, Sheth quelled the concerns of the company’s fans who have been inquisitive about the company’s history and whether it belongs to China. “I can proudly say Realme is an Indian startup, which is now a global MNC (multinational corporation),” said Sheth while replying to the question whether Realme is an Indian brand. “Realme is among the top seven smartphone brands in the world,” he added…

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Founders, VCs Recount Journey With Qyuki’s Samir Bangara Through Heartfelt Tributes !!

Samir Bangara, the co-founder and chief executive of digital music platform Qyuki Digital Media, passed away on Sunday morning following a motorcycle accident. The 46-year-old, in a career spanning over two decades, held roles across a functions & organisations, including as venture capital investor, investment banker, CXO-level positions and as an entrepreneur. A motorcycling enthusiast Bangara was riding a BMW S 1000 RR bike to Charoti in Dahanu from Mumbai when the accident took place. He was riding alone. After completing his commerce and finance graduation from the University of…

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Startups may have to be ‘Atmanirbhar’, govt stimulus may not help !!

BENGALURU: A large number of early to mid-stage startups are unlikely to be able to qualify for the cabinet approved Rs 3 lakh crore emergency credit line even when they are registered as an MSME. According to entrepreneurs and investors, a startup needs to have existing debt on its books to qualify for this loan facility from the government. Venture-debt, a popular instrument used by startups, and shareholder loans, won’t make the cut as debt for startups. Profitability is another angle that is making startups anxious about their chances to…

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