SoS Digest/ 05-02-17 to 12-02-17

February 11, 2017 Poornima Laxmeshwar 0

Myntra Strengthens Leadership Team, Gunjan Soni Hired Jabong CMO Myntra today announced that it has witnessed a 100% yoy growth in the month of January with the highest ever revenues of over Rs 850 crores in a particular month. Its extensive selection, unique brand partnerships and the recent acquisition of […]

SoS Digest/ 29-01-17 to 05-02-17

February 4, 2017 Poornima Laxmeshwar 0

Budget 2017: A hit or a miss for entrepreneurship in India? Startups respond The biggest day on India’s policy calendar had a slew of announcements directed at the middle class and the rural sector, but few that shone a spotlight on the burgeoning startup ecosystem in India. India’s payment industry, […]

SoS Digest/ 23-01-17 to 29-01-17

January 28, 2017 Poornima Laxmeshwar 0

UK spy agency hires Indian startup for cybersecurity programme The next time a hacker tries to break into a British bank, chances are that technology from a small Indian startup will detect the hack. Earlier this month, Britain’s top communications spy agency GCHQ (Government Communications Headquarters), which had cracked Nazi […]

SoS Digest/ 15-01-17 to 22-01-17

January 21, 2017 Poornima Laxmeshwar 0

Startup India’s flaws are beginning to tell Around this time last year, the Narendra Modi government launched the Startup India, Stand Up India campaign. It announced a slew of measures—simplifying regulations, offering some handholding, a few tax breaks, and a fund-of-funds—to rev up the start-up engine and enable entrepreneurship, technological […]

SoS Digest/ 08-01-17 to 15-01-17

January 13, 2017 Poornima Laxmeshwar 0

Union Finance Minister Shri Arun Jaitley Launches Airtel Payments Bank Airtel Payments Bank, India’s first payments bank, today commenced national operations with services now LIVE in all 29 States of India. Shri Arun Jaitley, Hon’ble Union Minster of Finance and Corporate Affairs formally launched Airtel Payments Bank’s national operations today, […]

SoS Digest/ 01-01-17 to 08-01-17

January 6, 2017 Poornima Laxmeshwar 2

VC fund 500 Startups puts India on hold citing tax issues Silicon Valley-based venture capital fund and accelerator 500 Startups has put on hold its plans to raise a $25 million India-focused fund, Kulfi, citing taxation and regulatory reasons. Run by Dave Mcclure, one of the most prolific seed investors […]

SoS Digest/ 25-12-16 to 01-01-17

December 30, 2016 Poornima Laxmeshwar 0

Fitness App HealthifyMe Receives An Additional Funding of $1 Million; Crosses 1 Million Downloads on PlayStore Bengaluru-based health/fitness app, HealthifyMe today hit 1 million downloads on Google PlayStore. With a rating of 4.3/5, HealthifyMe is ahead of all the other apps in this space. Adding to this success, the app […]

SoS Digest/ 18-12-16 to 25-12-16

December 24, 2016 Poornima Laxmeshwar 0

FreeCharge Partners With Gaana To Strengthen Its Presence In The Entertainment Category FreeCharge, India’s one of leading digital payments platform today announced its partnership with gaana.com as an e-wallet payment solution provider to strengthen its presence in the entertainment category. Gaana.com is the biggest music and content streaming service in […]

SoS Digest/ 10-12-16 to 18-12-16

December 16, 2016 Poornima Laxmeshwar 0

When Deep Kalra spilled the beans on the MakeMyTrip-Ibibo merger The online travel industry in India can be divided into two eras‑the one before October 18, 2016, and the one after the MakeMyTrip-Ibibo group merger on October 18. The industry will never be the same again after one of the […]

SoS Digest/ 04-12-16 to 10-12-16

December 9, 2016 Poornima Laxmeshwar 0

In Conservative India, This Startup Hawks Edible Body Paint and Lingerie The Indian e-commerce startup That’s Personal touts financial metrics venture capitalists typically salivate over: a consistent doubling of annual sales, gross margins exceeding 50 percent, low customer acquisition costs and strong repeat traffic. Yet not a single big-name investor […]

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