Eyeing new revenue channels, fresh India fund in 2017: Jaarvis Accelerator’s Saumyajit Guha

Saumyajit GuhaSaumyajit Guha, former chief operating officer at Calcutta Angels who single-handedly closed seven startup investments in just nine months last year, is all geared up for his new challenge at Gurgaon-based Jaarvis Accelerator. Guha, who joined Jaarvis as co-principal last month, will be mainly responsible for managing investments from the operational side and creating new […]

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Expect gross booking value to rise five-fold in two years, says Treebo Hotels’ Gupta

Sidharth-Gupta_01_feSidharth Gupta, co-founder of tech-focussed budget hotel chain Treebo Hotels, feels these are great times for the industry as rising incomes, lifestyle changes and digitisation are prompting more middle-class consumers to travel. Gupta had set up Treebo, operated by Ruptub Solutions Pvt. Ltd, in March 2015 along with Rahul Chaudhary and Kadam Jeet Jain. He […]

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Ads for content, digital health tools are in the works for 2017: 1mg’s Tandon

Prashant Tandon, Co-founder, 1mgGurgaon-based Bright Lifecare Pvt. Ltd, which owns and operates online drug marketplace 1mg, made two acquisitions last year: In December, it bought Mumbai-based online hospital MediAngels and in July, it diagnostics bookings platform Medd.in. With these acquisitions, 1mg widened its product offerings and expanded into new geographies. 1mg also raised Rs 100 crore ($15 million) […]

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Revenue from international markets may outpace that of India’s: Practo’s Shashank ND

Shashank NDThe fresh fund infusion of $55 million led by Tencent has reaffirmed investor confidence in healthcare firm Practo. According to estimates, the latest round of funding puts the company’s valuation well past $600 million. The Series D funding round announced on Tuesday also saw the participation of three new investors – Russian venture capital (VC) […]

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2017 will be an acid test for travel tech startups: Travelyaari’s Lama

Aurvind Lama, co-founder and CEO, TravelyaariFor the travel tech industry, 2016 was a year of initiatives and optimisation, and 2017 will be a year of innovation, says Aurvind Lama, co-founder and CEO, Travelyaari, a bus ticket-booking portal. Lama believes there will either be a lot of mergers in 2017, or companies will get wiped out upon failing to scale up: […]

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2017 will be all about enterprise software, IoT solutions: YourNest’s Sunil Goyal

Sunil K Goyal, founder and CEO, YourNestSunil K Goyal, founder and CEO of early-stage venture fund YourNest, is betting big on Internet of Things (IoT) and enterprise solutions with his second $45-million fund. Goyal believes the frenzied $100-million funding rounds that consumer-centric startups saw in 2015 are history, but “enterprise will be big in 2017”, clocking bigger rounds of $40-$50 million. […]

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Low entry barriers behind high mortality in consumer tech: FideliMent’s Bharat Banka

Bharat BankaService-enabling tech startups ruled the roost in 2016 with fin-tech, health-tech and ed-tech companies garnering the highest share of investments, despite a significant slowdown in deal making activity. The total number of startups that got funding this year fell more than a fourth (27.5%) from last year, while the total disclosed value of funding deals […]

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Will increase share of non-IT jobs on Naukri: Info Edge’s Hitesh Oberoi

Hitesh Oberoi, MD & chief executive, Info EdgeIndia’s largest job portal Naukri.com is looking to expand its offering in order to offset the slump in IT hiring. For parent company Info Edge, Naukri is the most profitable vertical, even as its matrimonial and education verticals steadily inch towards profitability. Info Edge’s real estate vertical, 99acres, has seen a setback due to the […]

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Health-tech startup Lybrate’s CEO on building the ‘Quora’ for health and growth plans

139914cLybrate Inc. is striving to become the go-to digital platform for patients to discuss health-related issues and for doctors to connect with one another. The health-tech startup allows users to book audio, video or in-person consultations with doctors and ask health-related questions for free through its website and mobile app. The startup raised $10.2 million […]

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Beauty has a strong repeat rate: UrbanClap CEO

Abhiraj-BhalTwo-year-old UrbanClap, one of the most-funded startups in the home services industry, has charted out a clear growth plan for the next six months – focus on the beauty segment, add new categories like nannies, maids and cooks and keep improving its systems for better customer experience. The Gurgaon headquartered startup serves nearly 5,000-6,000 customer […]

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