Tag Archive for startup

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

ASEAN India Hackathon and Startup Festival held at Ministry of External Affairs

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

India is currently celebrating the silver jubilee of its Dialogue Relations with ASEAN on the theme “Shared Values, Common Destiny”, which builds upon the civilization and cultural ties that have bound lndia and ASEAN countries for two millennia. A large number of events spanning the political, economic, cultural and people-to-people domain have been planned and held in the course of the year across India and ASEAN Member States to mark this historic milestone in our relationship. Read more

British startup, nkd, now in India with its revolutionary product – Pod+

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

A British start-up, nkd has shaken up the global bottled water market with the recent launch of its pod+. Read more