Supr Daily raises $120K from US-based accelerator Y Combinator

Supr-DailyMumbai-based daily consumables startup Supr Daily has raised $120,000 from US-based startup accelerator Y Combinator after it was selected as one the 12 Indian startups for the winter batch of the programme. The startup is also part of Y Combinator’s three-month mentorship programme, which ends this month, the company said in a press statement. Supr […]

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How incubators in India are helping startups grow

For-Startup-Incubators-Story_people-coffee-tea-meeting_feFor Anand Shahani, founding WedMeGood, an online wedding planning portal, in 2014 was just the beginning. Within a few months, he realised that he needed networking and mentoring to take the business in the right direction. After much deliberation, he decided to knock at the doors of 91SpringBoard, a Delhi-base co-working space and incubation center. […]

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Exclusive: Former Flipkart CPO Punit Soni invests in Innov8

Punit SoniFormer Flipkart chief product officer (CPO) Punit Soni has invested an undisclosed amount of capital in Innov8, a sector agnostic co-working space. Innov8 is one of the three Indian companies selected by Y Combinator, a famous Silicon Valley incubator, for its summer batch of 2016. The other two startups selected include Meesho, an app for […]

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ClearTax raises $2 mn in pre-Series A funding from FF Angel, Sequoia

TaxIncome tax returns e-filing platform ClearTax, run by Defmacro Software Pvt. Ltd, has raised $2 million (around Rs 13.3 crore) in pre-Series A funding from PayPal co-founder Peter Thiel’s Founders Fund Angel (FF Angel) and Sequoia Capital. FF Angel and Sequoia have invested $1 million each in the Bangalore-based startup, the company said in a […]

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ClearTax raises angel funding from PayPal’s Max Levchin, Silicon Valley investors

Archit-Gupta_feDefmacro Software Pvt Ltd, which runs income tax returns e-filing platform ClearTax, has secured $1.3 million (around Rs 8.6 crore) in angel funding from Silicon Valley investors, including PayPal co-founder Max Levchin. Other investors include Scott and Cyan Banister, serial investors in Uber, SpaceX, Postmates and Zappos; Neeraj Arora, business head at WhatsApp; Naval Ravikant, […]

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