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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Exclusive: Powai Lake Ventures goes slow on new startup bets

GFX_FPowai Lake Ventures, a network of Mumbai-based angel investors who backed startups mostly in the city, has slowed dealmaking this year as some of its bets misfired and the overall funding environment turned cautious, two people aware of the development said. The angel network had ramped up the pace of investments in 2015, buoyed by […]

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Exclusive: Powai Lake Ventures goes slow on new startup bets

GFX_FPowai Lake Ventures, a network of Mumbai-based angel investors who backed startups mostly in the city, has slowed dealmaking this year as some of its bets misfired and the overall funding environment turned cautious, two people aware of the development said. The angel network had ramped up the pace of investments in 2015, buoyed by […]

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Exclusive: Trip planner Easy Roads raises angel funding

Easy-Roads2Easy Roads Technologies Pvt. Ltd, a Mumbai-based startup that facilitates road trips, has raised Rs 1.3 crore ($200,000) from four angel investors in its first external round of funding, the company’s founder said. Sachin Parikh, who is also the startup’s CEO, told VCCircle the travel-tech company will use the funds to acquire customers and build […]

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