Page 230 - Start Ups
India needs homegrown healthcare solutions due to affordability issues: Practo
Q&A with Shashank ND, Founder and CEO, Practo
 "India needs homegrown healthcare solutions due to affordability issues: Practo")
Taskbob raises $4.5 million in Series-A funding round
Round led by VC fund IvyCap Ventures with participation from existing investors Orios and Mayfield seeks to expand presence and focus on product growth and innovation
 "Taskbob raises $4.5 million in Series-A funding round")
Lenskart plans to raise $25 million from IFC
The firm will use the proceeds to expand its product distribution , set up manufacturing and assembly facility
 "Lenskart plans to raise $25 million from IFC")
 "WheelStreet: On road to growth")
Govt cracks down on Ringing Bells
Departments of electronics, excise, I-T launch probe into Rs 251 smartphones
 "Govt cracks down on Ringing Bells")
Crossroads acquires MeriCAR.Com to scale up garage network
With this, Crossroads will cross 1,000 branded garages across country; aims to grow to over 5,000 in next two years
 "Crossroads acquires MeriCAR.Com to scale up garage network")
World's cheapest smartphone maker comes under excise, IT scanners
BJP MP: This is a Ponzi bogus company scam, that is why I went through all the papers on the company
 "World's cheapest smartphone maker comes under excise, IT scanners")
Freedom 251 costs Rs 2,300, finds telecom ministry
Indian Cellular Association says price of the handset could not be below Rs 3,500 even after a subsidised sale
 "97% start-ups to go on a hiring spree this year: Report")
Telangana govt sets up IT incubation centre in Warangal
With Hyderabad as a role model, other cities like Warangal, Karimnagar and Khammam are being developed as Tier-II IT hubs
 "Telangana govt sets up IT incubation centre in Warangal")
Bad run continues for 'Freedom 251', website down again on second day
On the first day, the firm stopped taking orders after its servers crashed owing to a huge rush to book the device online
The Chennai Angels invests in Finance Buddha
Three year old start-up operates in hybrid marketplace model for financial services products
 "The Chennai Angels invests in Finance Buddha")
Marvelstone launches fintech platform in Singapore, raises $12 million seed funding
The funding comes from angel investors, reported Tech in Asia
 "Marvelstone launches fintech platform in Singapore, raises $12 million seed funding")
Freedom 251: How is the phone priced at Rs 251
The company expects a duty waiver by the upcoming goods and services tax waiver, through Make in India, reports Tech in Asia
 "Freedom 251: How is the phone priced at Rs 251")
'Silicon Valley spirit' guides policymakers, start-ups look for a deal
Details of a Rs 10,000-cr fund announced by PM in January; tax exemption on capital gains, incubation
 "'Silicon Valley spirit' guides policymakers, start-ups look for a deal")
CareOnGo raises $300,000 seed funding
CareOnGo allows users to buy medicines on their mobile from their neighborhood approved pharmacies
 "CareOnGo raises $300,000 seed funding")
StartUp India and Viacom18 join hands
Will launch outreach programme in year-long initiative to encourage young entrepreneurs, encompassing on-ground, digital and TV communication
 "StartUp India and Viacom18 join hands")
Wiwigo brings cab service for inter-city travel
The company has already raised first round of funding of $1 million in April 2015 and is ready to raise second round
 "Wiwigo brings cab service for inter-city travel")
US retailer Lowe's opens innovation lab for startups in Bengaluru
The company will house startups that are selected for its planned 16-week accelerator programme
 "US retailer Lowe's opens innovation lab for startups in Bengaluru")
Indian Angel Networks invests in UK-based Ascema
This is IAN's fourth major investment in a UK based startup
 "Indian Angel Networks invests in UK-based Ascema")