IDG Ventures India on Thursday announced that Kiran Karnik, former president of National Association of Software and Service Companies (Nasscom) and a recipient of the Padma Shri has joined the company, on their global advisory board. IDG Ventures India's advisory board includes icons like N Balasubramanian, K B Chandrashekar, Arjun Malhotra, Sridhar Mitta, Jagdish Sheth and V Sumantran. Kiran Karnik was president of Nasscom till January 2008.
Time has now come for a pathbreaking 'Entrepreneurship Bill' pleads venture capitalist Soumitra Sharma.
FirstCry is omni-channel player with presence across desktop, mobile and offline routes offering baby and maternity products in India.
A start-up gets the Microsoft suite of tools and technologies free for three years, as well as access to funding of up to Rs 25 crore by IDG Ventures, officials of two entities said. The programme is open to technology companies that are less than three years old with annual revenues that are less than Rs 5 crore.
Tata has emerged as a major venture capital investor since his retirement.
Continuing his investment spree in India's hot start-ups, Ratan Tata on Friday invested in Kyazoonga.
This is Tata's seventh investment this year.
'I've been backing businesses in the e-commerce space because they enable goods and services to reach people who could never have been catered to in this manner before.'
The robot can hold long conversations, track the child's mood and is controlled from an app on the parents' smartphone
The family office category was up 38 per cent, led by names such as Ratan Tata, Ronnie Screwvala and various Infosys co-founders.
An industry source said Reliance Industries did not have a controlling stake in Yatra.com through its acquisition of Network 18. It was just a financial investment.
The start-up works with 2,000 owners and hosts 10,000 tenants across four cities - Bengaluru, the National Capital Region, Hyderabad and Pune.
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