News website The Ken raises $400K from angels

News website The Ken raises $400K from angelsSubscription-based news startup, The Ken, has raised $400,000 (Rs 2.68 crore) from a clutch of investors, the company said in an email statement. The participants in this round of funding include Aprameya Radhakrishna, co-founder, TaxiForSure; Deepak Natraj, managing director, Aarin Capital; Girish Mathrubootham, founder and CEO, Freshdesk; Mahesh Murthy, founder of Pinstorm and co-founder of […]

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Flipkart, Snapdeal unlikely to remain key players: Mahesh Murthy

Mahesh-MurthyInvestor Mahesh Murthy is known for not mincing words. The co-founder of Seedfund says several businesses in India have been created with the idea of selling to industry giants, signalling greed of both entrepreneurs and investors. He is also least bothered about the valuation markdowns of some consumer Internet firms, saying it will clear the […]

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Paytm’s Sharma, Mahesh Murthy on cloud 9 as Musk hints at summer launch for Tesla

It was just a 23-character tweet. But it came from Elon Musk, the maverick founder of electric vehicles giant Tesla Motors. And it was enough to leave the poster boys of India’s startup community euphoric. In response to a question from an apparent Tesla fan, who asked, “eagerly waiting for Tesla to launch in India. […]

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Should the government heed to Flipkart, Ola’s call for protection?

flip-olaA nationalistic fervour swells up in the Indian startup landscape with two of the largest homegrown consumer internet companies seeking protectionist policies amid heightened competition from their global rivals. Co-founders of Flipkart and Ola have demanded a level-playing field for domestic companies and even suggested blockades against foreign firms. Speaking at an event on Wednesday […]

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US President-elect Trump elicits mixed reactions from Indian entrepreneurs

trump_facebookUS President-elect Donald Trump seems to have divided the Indian startup fraternity. Reactions on him becoming the most powerful person on earth diverged from welcoming to downright standoffish. Yashish Dahiya, co-founder and chief executive of PolicyBazaar.com, says Trump’s victory will bring good in several ways, including fight against terrorism. “It clearly shows that you win […]

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Why Ola’s capital dumping barb is silly, hypocritical and has no merit

Ola“There is an urgent need for adequate regulation to curb predatory pricing and capital dumping in the ecosystem in the interest of co-existence of all players in the ecosystem,” Pranay Jivrajka, chief operating officer of Ola, was quite vocal in his criticism of what the cab-hailing service’s ‘unnamed rival’ is doing to distort the taxi […]

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News website Newslaundry gets funding from existing investor Omidyar, others

News Laundry Media Pvt Ltd, which runs media portal Newslaundry, has raised an undisclosed amount in its second round of funding from existing investor Omidyar Network, startup investor and Seedfund co-founder Mahesh Murthy and others. Eicher Motors’ former chairman Vikram Lal, serial entrepreneur Abhijit Bhandari and Shashank Bhagat, through United India Periodical Pvt Ltd where […]

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