Meet The 13 Year Old CEO Of A 5-employee, $200,000 company
At an age, when most of us were playing video games and just getting familiar with the fascinating world of the internet, this boy wonder founded an online business.
Category: Startups
After Announcing Layoffs, Housing Acquires HomeBuy360 For $2 Million
Barely a week after reports emerged that Housing.com would be firing 600 of its 2600 employees as a part of a restructuring, the company today announced that it has acquired Bangalore-based customer relationship management software company HomeBuy360. This is Housing’s 3rd acquisition this year, after having previously acquired real esate forum IREF and Realty BI, a data analytics company in the real esatate sector.
Zivame Raises Fresh Funding; To Be Valued At $100 Million
Online lingerie retailer Zivame is set to raise $40 million from Malaysian sovereign wealth fund Khazanah Nasional Berhad and Mumbai-based investment firm Zodius Capital. The deal would value the 4 year old company at $100 million.
GreyOrange Robotics Raises $30 Million From Tiger Global, Blume Ventures
GrayOrange Robotics has raised $30 million (Rs. 190 crore) in its latest round of funding led by Tiger Global. The Gurgaon based company, which also has an office in Singapore, plans to use this capital towards R&D, hiring, and expansion into markets such as Asia Pacific, Middle East and Europe.
50 Young Entrepreneurs Will Get Startup Kits By The Kerala Govt.
In a move to encourage and incubate entrepreneurs in the state, 50 young mobile application developers will receive Startup Kits as part of the Youth Entrepreneurs Scheme (YES) 2015 in Kerala.
Is Rahul Yadav Trying Too Hard To Be Steve Jobs?
First came the brashness. Then came the much-publicized fight with his board members. And finally, it’s LSD. The Steve Jobs trifecta is complete, and the legend of Rahul Yadav is born.
Rahul Yadav, erstwhile CEO of Housing.com, and enfant terrible of Indian startup community, just posted this on his Facebook page.
This Indian Woman Pitched Her Startup To Barack Obama
If normal startup pitches make you nervous, imagine pitching your startup to the US President.
That’s what happened on August 4, when President Barack Obama hosted the first-ever White House Demo Day focused on inclusive entrepreneurship.
Startups Are Disrupting These 7 Traditional Businesses In India
Here is a roundup of some of the traditional businesses that are feeling the pinch of the mushrooming startups that threaten to affect them and eventually even displace them. What remains to be seen is whether the traditional businesses will adapt to this change, reinvent themselves and join in the wave on a “If you can’t beat them, join them” philosophy, or wait it out, let the wave pass, for the VC funded startups to bust as the red bottomlines begin to show, and emerge as the classics.
Firing Round At FabFurnish: 50 Employees Sacked As Part Of “Business Positioning”
FabFurnish.com has fired at least 50 employees, or about a fourth of its workforce. It is vacating warehouses as part of a business restructuring. The online furniture seller is changing its model and laying off employees at various levels. The company said it has “undertaken a resource optimisation exercise” and is “hiring a talent pool ideal for our new business positioning”.