Flipkart Launches 20 Stores For Self Pick-up
India’s leading e-commerce brand, Flipkart, has now launched 20 stores in 10 cities, from where customers can now pick up the items they ordered online, following the moves of Amazon.com Inc.
Goonj Founder Anshu Gupta Among Winners Of 2015 Ramon Magsaysay Award
Anshu Gupta, who quit his corporate job in 1998 to establish NGO Goonj, is among the two Indians who have been chosen for the 2015 Ramon Magsaysay Awards. Bureaucrat Sanjiv Chaturvedi, who blew the whistle on alleged scam at the premier All India Institute of Medical Sciences, is the other Indian awardee.
Turkish Startup Gets Acquired; Employees Get $200k Each
A company’s closing usually means sad news for the employees, however not in the case of Yemeksepeti.com- the Turkish food tech firm, that got sold to German food giant, Delivery Hero in May for $590 million and decided to distrubute a chunk of the profit among the employees.
QuackQuack: A Startup For A Clean & Matured Online Dating Platform
If on one hand food tech is booming, on the other, finding a date online has never been easier. Gone are the days when looking up a date meant lounging around on seedy chat rooms or using American dating sites with a handful of legit users from India. Finding genuine people with real identities was another concern.
QuackQuack is one such offering that aims to make online dating normal, sane and effective for Indians.
Flipkart Secures $700 Million Investment; Valued at $15 Billion
With competition in the Indian ecommerce space intensifying, Flipkart has taken a big step towards consolidating its numero uno position by securing an investment of $700 million. It is the first time the company has raised money this year, and this deal values it at a whopping $15 billion.
Bengaluru Rated As The 15th best Startup Ecosystem In The World
According to Startup Ecosystem Report published by San Francisco based startup bench-marking firm Compass, Bengaluru is the world’s 15th best startup ecosystem, up from 19 in the last report published in 2012. Bengaluru is rated on five parameters – funding, market reach, talent, experience, and performance of startups.
Furniture Retailer Pepperfry Receives USD 100 Million From Goldman Sachs And Others
Pepperfry, one of the leading online furniture retailer companies in India, raised a whooping USD 100 million as their fourth round of investment from Goldman Sachs, Zodius Technology Fund, and their existing investors Bertelsmann India Investments and Norwest Venture Partners.
Oye Happy: A Startup That Sells Surprises Online
In today’s fast-paced world, how often do we manage to take out time to surprise our loved ones and bring out a smile? It is where Oye Happy comes to the rescue. Started by Harsh Khemani and Varun Todi, Oye Happy is a fun and fresh start-up that operates on one motto. Happiness!
Indian Entrepreneurs’ Roti Maker Gets $11.5mn Investment For International Expansion
Pranoti Nagarkar, an Indian born Singapore resident and inventor of Rotimatic – an automated device for making roti in one minute, received a second round investment of $11.5 million, a media report said.