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.
Tata has emerged as a major venture capital investor since his retirement.
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.
FirstCry is omni-channel player with presence across desktop, mobile and offline routes offering baby and maternity products in India.
Time has now come for a pathbreaking 'Entrepreneurship Bill' pleads venture capitalist Soumitra Sharma.
Private equity players and venture capitalists are cautiously optimistic about the prospects of their businesses, yet are hopeful of clinching more deals in the New Year, say industry experts.
Around $7.5 billion is expected to come into India in the technology space by way of PE investment of which Bengaluru could net $3 billion.
The survey was conducted by Bengaluru-based start-up MyNoticePeriod.com.
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.
While funds will not be a constraint, the challenge for Aasaanjobs will be to reach out to people with no internet, says M Saraswathy.
The start-up works with 2,000 owners and hosts 10,000 tenants across four cities - Bengaluru, the National Capital Region, Hyderabad and Pune.
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.
By facilitating instant changes on both Android and iOS apps, this platform allows mobile developers to fix bugs without user drop-offs or uninstalls. Abhishek Jejani reports.
The robot can hold long conversations, track the child's mood and is controlled from an app on the parents' smartphone
'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.'
In India, he has already made investments in both his personal capacity and through DST Global, his venture firm.
Nearly 150 companies visited the campus this year.
The eyewear market in India is worth $3 billion.
People who have worked with Mukesh Bansal describe him as approachable and extremely polite but someone who likes to maintain a strict work schedule.
The family office category was up 38 per cent, led by names such as Ratan Tata, Ronnie Screwvala and various Infosys co-founders.
The past few years have seen the first cycle of mergers and acquisitions, exits, and track-records being created.
In India, where it is tougher to do business, a start-up gets established by the Series-B stage, and it gets expensive for investors.
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He started a fund with Rs 800 crore and made several investments.
Droom has seen aircraft such as the Falcon, Hawk and Cessna being rented.
HealthifyMe is an app that connects users to fitness trainers virtually, motivate them on goals.
'Each day, while interacting with scores of people, all with demands and expectations of their own, holding one's own fort is of paramount importance. 'One must always have the vision which will guide the journey,' says Dinesh Goel, a chemical engineer from IIT-B, co-founder and CEO, AasaanJobs.com, an online marketplace for entry-level and blue-collar job seekers.
What work in Jaipur's favour are lower costs, a good talent pool, better quality of life, and proximity to the Delhi National Capital Region
Besides a great idea, it takes pluck, and some luck, to get going.
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