Tag Archive for startup

First Edition of HedNxt Startup Fest held in Bengaluru

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By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

First Edition of HedNxt Startup Fest (Left to Right) - Mr. Mayur Potdar, Head Strategic Alliances, KrazyBee; Mr. Yash Lohekar, a student of Sinhgad Institutes-Pune; Mr. Abhishek Shah, student of Sinhgad Institutes-Pune; Mr. Vishal Srivastava, student of Sinhgad Institutes-Pune; Mr. Taran, student of IIT- Madras; Ms. Pranoti Datta, student of Reva University-Bengaluru and Mr. Danny Cheng, Marketing Director of Oversea Business

“KrazyBee”, India’s largest micro-lending platform, plans to provide an enabling platform for college students to embark on their entrepreneurial journey with the HedNxt Startup Fest 2018. Students from Reva University- Bengaluru, IIT- Madras, and Sinhgad Institutes- Pune, emerged as winners at the Finale of the 1st Edition of the HedNxt Startup Fest 2018 conducted by KrazyBee. The winners were awarded Rs. 3 Lakhs each for their projects. The event witnessed participation from 80 colleges across India, bringing out a host of unique entrepreneurial ideas.

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Fintech start-up Open Financial Technologies partners with ICICI Bank to offer a business banking platform that automates accounting for SMEs

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By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

TeamOpen

Imagine a world where your business current account was your accounting software. Imagine not having to chase payments with UTR numbers, where payments auto-reconcile, and accounting is something that happens automatically as you do your business.

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Wearable Tech Startup Vicara & Wellness Startup Renaura Take Form

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By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

L-R Palash Pandey, Nishant Gupta, founders of Renaura Wellness and Adarsh Warrier, Abhishek Satish, founders of Vicara

Startups Club (SC) announced the successful incubation of two diverse startups, Vicara and Renaura, at its headquarters in Bengaluru. Handpicked in 2017, by the Startups Club founders, Salma Moosa & Vivek Srinivasan, for mentoring and incubation based upon their unique proposition and early promise.

Startups Club is a community that mentors budding and established entrepreneurs during their infancy (0-3 years old), and serves as an incubator and an accelerator for startups.  SC enables connections, collaboration, funding and networking in the startup ecosystem, for young start-ups ranging from Concept to Growth stage.

Speaking on the occasion, Ms. Salma Moosa, Managing Director & Founder of Startups Club said, “Disruptive innovation is the order of the day, and these startups are on the right path of creating products and are both unique in their own fields of expertise. It was a mutual learning curve and a memorable experience having both Vicara and Renaura under the Incuration program of Startups Club”.

Angel investor, Mr. Mahesh Bhalla said, “As an investor, I am on the lookout for path-breaking ideas, and both Vicara and Renaura have delivered in terms of innovation. I am very excited to partake in these ventures and I’m looking forward to see where the future takes us.” Read more

Focusing on semi-urban and rural areas, fintech start-up True balance launches Gift Cards for unbanked users True balance targets Next Billion Users to provide financial services

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By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

True Balance, Financial Services Platform has unveiled a new feature gift card in the mobile app. The gift card is a fast and secure recharge option for the users.

Continuing the promise to bring “Finance for billions “, the inception of Gift cards opens a new option for the unbanked users and is an impactful step wherein the bank related frauds are on a high. This unique feature would help the unbanked users/ users who don’t want to use bank details every time to recharge and pay bills on the True balance app; thus, introducing them to digital financial transactions.

This also is a positive step where; in case the user is a non-KYC user he would not have to worry about the monthly wallet limit and can use the Gift card to transact within the app ecosystem. App users can directly add the gift card of any amount from the true balance app. Being transferable; users may gift the gift card to their loved ones on any special occasion. Read more

Focusing on semi-urban and rural areas, fintech start-up True balance launches Gift Cards for unbanked users

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By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

True Balance, Financial Services Platform has unveiled a new feature gift card in the mobile app. The gift card is a fast and secure recharge option for the users.

Continuing the promise to bring “Finance for billions “, the inception of Gift cards opens a new option for the unbanked users and is an impactful step wherein the bank related frauds are on a high. This unique feature would help the unbanked users/ users who don’t want to use bank details every time to recharge and pay bills on the True balance app; thus, introducing them to digital financial transactions.

This also is a positive step where; in case the user is a non-KYC user he would not have to worry about the monthly wallet limit and can use the Gift card to transact within the app ecosystem. App users can directly add the gift card of any amount from the true balance app. Being transferable; users may gift the gift card to their loved ones on any special occasion. Read more

Startups Club Announces Demo Day 2018 in Partnership with Startup India

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By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Startups Club, in partnership with Startup India, the Government of India’s (Department of Industrial Policy & Promotion, Ministry of Commerce & Industry) initiative to boost innovation and create jobs, today announced Demo Day 2018, India’s biggest startup event. Scheduled to be held on the 15th & 16th of December at KTPO, Bengaluru, the venue will host over 10,000 attendees, including startup founders, corporates, students, experts, influencers, innovators, researchers and investors.

In addition to the Government’s ‘Startup India’ initiative, business software services company, Zoho, cloud infrastructure provider, DigitalOcean, technology business Incubator arm of VIT, VITTBI and Indian banking major, Kotak Mahindra Bank, are partnering with Startups Club for Demo Day 2018.

Salma Moosa, Founder and Managing Director, Startups Club said, “An entrepreneur works hard for years to achieve growth for their Startup. Startups Club has always enabled growth hacking strategies that bring tangible results. Demo Day for Startups Club from past 6 years has been an event that hacks the growth, builds connections and creates value for every attendee. Making this event open will enable every aspiring, budding and established entrepreneur to maximize their potential.”

Startups Club is reaching out to entrepreneurs and other stakeholders across tier I, II and III cities of India, through roadshows. As the biggest startup event in the country, Demo Day is a platform that encourages the ecosystem to grow through collaboration.

Demo Day brings an unprecedented set of opportunities over two days, enabling greater access and interactions between corporates, entrepreneurs, investors, & students; it is the perfect platform to meet entrepreneurs from all over the country.

Angel Investor, Mahesh Bhalla said, “Startups Club is India’s pre-eminent platform for early stage start-ups. As an investor, I am always on the lookout for path breaking ideas & gritty entrepreneurs; Demo Day provides the perfect opportunity to meet & interact with such exceptional talent from across the length and breadth of India.” Read more

Online Apparel Start-up, Enakshi secures First Round of Funding to the tune of 80 Lakhs

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By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Enakshi Founders - Maharsh Shah & Namya Patil

Enakshi, an online apparel brand for women has closed their first round of seed fund of 80 lakhs from a private investor. The brand is also in talks with a clutch of other investors to secure a total funding of $1 million over the next two years to build on its distribution network.

Founded in March 2018, by young founders in their early 20s, Maharsh Shah & Namya Patel, launched Enakshi, a virtual boutique for modern women that offers only exclusive pieces of garments with no two pieces alike. The brand plans to utilize the funding amount to increase the brand’s visibility, improve their existing logistics & technology and to empanel more designers from across the nation. Enakshi also plans to expand their business into brick and mortar stores as a next step to giving its customers a first-hand experience of their favorite Enakshi garments.

Enakshi was launched to address two primary concerns of modern women:

-          Their everyday worry of ‘what to wear tomorrow’ &

-          Their need for exclusivity and novel-ness in their wardrobe

The virtual boutique helps women explore and discover fashion that is as unique as their individuality. With efficient logistics in place, the brand promises a quick turnaround time by ensuring dispatch on the very same day so that the customers get the garment of their choice sooner than anticipated. Enakshi ensures novelty by launching a new collection every 21 days, where each collection is designed by a different pool of designers, empanelled by the brand from across the nation. Through this unique approach, the brand also aims at disrupting the fashion industry by providing a platform to many talented yet underappreciated designers from across the nation, to collaboratively showcase their creativity befitting the theme of the collection. Read more

Indian Startup, Somey’s Kitchen, Featured on UK Channel ITV’s Series based on Entrepreneurs – “Give It A Year”

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By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Sandy & Joel, of Somey’s Kitchen are the only Indian entrepreneurs,being featured on the popular startup show on ITV, a UK Television Channel. Founders of Somey’s Kitchen, a brand that brings traditional home-made pickled masalas and Indian Breads to the global market, will be a part of ITV’s Give It A Year.

Give It A Year is a new business-themed series, where Baroness Karren Brady meets people who have started a new business and follow their growth for the first year across the UK.

Sandy & Joel with Clare Blampied, MD Sacla

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Unicorn India Ventures announces investment in Software Defined Radio (SDR) startup Inntot Technologies

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By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Unicorn India Ventures, an early stage VC fund, has announced another investment in Kerala — an emerging hub for startups. The Fund has invested in Inntot, a software defined radio startup based in Kerala. It is a seed-funding round, which marks Unicorn India as the first institutional investor in Inntot.

 

This is Unicorn India’s sixth announcement in the State The Fund invested in five startups — Genrobotics, Perfectfit and SectorQube, Bank Open and Clootrack early this year.

 

Anil Joshi, Managing Partner, Unicorn India Ventures, says, “Over the last one year, as a Fund, we have been on a look out for next gen tech startups and investment made by us clearly reflect our intent to find such growing startups and invest in them. Kerala, in that respect, has surprised as we have seen our investments going to startups which are working on cutting edge technology like IoT, 3D, Robotics and now digital radio receivers.” Investment in Inntot is inspired by the success that we have seen in new age tech startups who are not chasing the tempting matrix but building a product from ground up and opening up a completely new market for themselves rather fighting for a small piece of a big pie, he adds. Read more

Startup Buddy Conclave 2018, hosted at The Grand Vasant Kunj, New Delhi.

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By  Ashok Punatar Mobile: 09820746494 Email: ashokpunatar@gmail.com

Providing a single platform of networking Startup buddy Conclave has taken a huge step in the contribution towards entrepreneurship. More than 100 investors, 300 startups and entrepreneurs to took part in the event, hosted at The Grand Vasant Kunj, New Delhi from 10 am onwards on 10th February 2018.

30 eminent speakers across world will be sharing their views on different topics in each different panels which is trending and useful at the same time. Networking is the most important thing especially when one is going for a big idea with a unique concept. Building contacts with venture capitalists, accelerators, angel investors or service providers can be a good start for people who can bring something new to this world.

The event started with the panel discussion on how Fintech is making Indian digital economy, a reality. Indian digital economy is now taking a rapid speed after the concept Digital India. “Technology has to play a part in bringing the economy to the country however, if we talk about Fintech, then in coming next 3-5 years Fintech should play a major role in providing a platform where people can invest their money in much more efficient way, to provide a better traditional financial services in order to meet the aspirations of the public as trust is the   said by Sarvir Singh, Venture Partner, Waterbridge ventures and Mr. Pradeep Shekhawat-SVP & Business Head- SMB, PayU. Read more