Gaatha, an onilne e-commerce store which retails handicrafts, has a novel approach to selling. Every product on the site goes with a narrative of the craft & its legacy.
Chennai based online customer support and helpdesk solution company Freshdesk has raised nearly $7 mn from venture capital firm Accel Partners in a fresh round of funding.
It’s smarter to keep revisiting the fundamentals of your business as you plan and execute scale. The target users, the USP you’re going to market with and that you need to market and message around, and of course profitability and financially sound decisions – these are important during any part of the business.
Users accessing Twitter from India and emerging market from feature phone might pose a business risk, said the company which has filed for an IPO. Twitter in India is estimated to have 20 million users.
Endurance International, the company that owns HostGator and Domain.com is has filed for a $400 mn Nasdaq IPO and will spend $110 mn to buy Directi, the Indian domain name registrar, for $110 mn.
Facebook had 78 million users in India at the end of the first quarter of 2013. This was a 50% year over year growth.
The government’s academic wing for school education, National Council of Education Research and Training (NCERT), has put out digital copies of educational material on the portal. The portal also has images, videos, audio and interactive content.
Tandem Capital has launched its latest fund christened Tandem Habit fund III. It has also unveiled the first batch of startups it will back which includes Shopitimize, AcceptPay and PacketZoom.
Welcome to another edition of TheSunnyMag. This week’s curated list of beautiful reads from around the web contains stories about the Ask patent, Using Metadata to Find Paul Revere, the Prisoners of Punjab on Facebook and more. Have a good read….
For us entrepreneurs, it is a clarion call to assess/reassess if it makes sense to attempt an India-only play and if one continues to do, attempt to understand what the market’s natural limits are and ensure that our per-unit economics make sense within that canvas.