Sunday Oct.16 thru Saturday Oct.22, 2016
Sunday Motivation: You should refuse to be defeated!!
Chennai – India has about 1,181 startups with total $16.65 million funding (11 rounds) received from Jan. to June 2016.
Customer-service software provider Freshdesk has acquired AI-based Chatimity a social-chat platform which integrates chat within mobile-apps.
Accelerators, incubators specializing on fintech startups from all over the world are increasingly coming to India to encash the fintech gold-rush.
There’s revolution brewing in edtech space; few startups are silently building products in hard-to-crack B2B space.
P2P lending cos. are in process of forming an association with an aim to create a fair practice code within the industry players.
C1Exchange – Real-time bidding platform for advertisers, publishers has received $8.5 million funding from Venture Labo, Mynavi Corp, NEC.
Postman – an HTTP client to test web services has received $7 million from Nexus Venture Partners.
Parenting related social discovery platform BabyChakra has raised undisclosed amount in Series-A funding from Seattle’s VC Round Glass partners.
Fintech startup – Finwizard Technologies which runs wealth-management app Fisdom has raised $1.1 million from Saama Capital.
Online Furniture rental co. Furlenco has raised ₹200 crore ($30 million) in funding through a mix of equity and debt.
Other Funding Deals: Deyor Camps -$500,000; Boxershorts -$37,500; SIBIA Analytics, Kidsstoppress, Maya, ShoeKonnect, ZipLoan, HealthBuds also received funding.
Joystick: is a piece of Hardware device that is used to control a mouse or a cursor. It is generally used for gaming purposes.
Accelerometer: a motion-detector that can tell how the device is being held. In health-apps the tech is used to detect movements
Flaunt your failures, they might teach some one a lesson towards success. ~Harsh Mariwala
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