And Indians (VCs/startup babas) are still wondering where are the global Indian startups? Zendesk has acknowledged, but not the local ecosystem.
These babas carry a heavy (social media) clout (or klout scores) and are extremely well connected. They have followers who call them ‘sir’ and won’t take anything against their ‘god’.
The growth of Truecaller in India cocks a snook to all the nay-sayers who goad startups to shift to Silicon Valley because “India is not a large-enough market/doesn’t have enough early adopters
On an average, startup founder salary in India was 40% less salary as compared to their counterparts in the Silicon valley.
Early stage investment fund, Inventus Capital has announced that it has raised a second fund of $106 million to back US-India startups. A release from Inventus said that they hope to back 20-25 companies with the over-subscribed second fund. Inventus…
Weekly Summary: Indian Startups Rise to the Hardware Challenge; Bootstrapping A Tech Startup In India & More
The new year got off to a great start with a slew of startup fundraising and acquisition announcements. The streak seems to be continuing this week too, with one of the highlights being BankBazaar raising $13 mn funding from Sequoia Capital & Walden.
Qualcomm Ventures has launched the fourth edition of the QPrize. Startups from 7 countries have a chance to win upto $250K in seed investment.
India is seeing a growing tribe of hardware based companies trying to target the consumer market in India and overseas.
Startup Financing with Convertible Debt: While equity financing remains the primary way of raising early stage capital in India, convertible instruments are showing some early signs of picking up.
Here’s wishing all our readers a Happy New Year! Last week, being the end of the year 2013, we covered some of the major trends of 2013. We published a 100+ list of most promising startups from the country.