Entrepreneurs in India consistently face issues while raising timely credits from banks, despite running successfully. Those that succeed often have to provide some collateral to fund business needs. Constricting lending policies, unbending collateral requirements and slow disbursement times by formal banking institutions drive SMEs towards informal financiers; while these institutions are quick but high interest rates put them down to a chronic cycle of debt. Continue reading “Startup Sunday Season 1 Episode 23 (Capital Float)”
Tired of roaming in the markets searching for your favourite beauty products?
Purplle.com – India’s #1 Beauty Destination is here to fulfil your cosmetic needs. Started in 2011 Purplle.com with a vision to cater to the beauty needs has been an early mover in the online beauty space and had initially secured an investment by a consortium of Blume Ventures, Mumbai Angels and The Chennai Angels.
Manish Taneja, CEO, Purplle.com said, “Purplle has clearly demonstrated cost efficient scale up in our beauty products market place business and are making rapid inroads into the beauty services market . With further round of funding, we are confident we will establish ourselves as India’s top destination for beauty.”
There are thousands of people looking for opportunities to invest in startups, though the amount they are not willing to invest too much but a good enough amount to leverage the startup with the much-wanted start. Tracxn works towards developing a symbiotic relationship between startups, investors and VCs.
Tracxn Technologies Private Limited is a financial technology company founded in 2012 by Abhishek Goyal, former VC at Accel Partners and also the founder and CEO of Urban Touch.com and Neha Singh, former VC at Sequoia Capital. The mission of the company is “to build the largest team of Analysts tracking start-ups globally for Venture Capital and Corp Dev”. The company describes itself as “Bloomberg + Gartner for startups information”.
Voonik, began as a Personal styling design application instead of another apparel store. Inside no time from its dispatch it consumed another room in the e-commerce skyline, giving some uniqueness in their startup unlike some big players
Idea behind Voonik’s existence was to let a woman or a girl customer have her own online personal shopping assistant, who will ensure that the dress suits her and also well within her price range.
The deep-rooted custom of taking your companion on shopping to help your selection has now being replaced by this application. Continue reading “Startup Sunday Season 1 Episode 20 (Voonik)”
Already Feeling Cold?
Have you ever thought of the people not able to fulfil their basic necessities of life? Why is it that we don’t look twice when passing a naked infant in the arms of an urban beggar? If you would have ever thought of why the poor people are not able to get proper clothing in the winters and what other problems they face, then there would not have been the situation where we have to face an average 781 Indians deaths per year.
The gourmet delivers- Yumist’s proposition is to make it dead easy for customers to get their daily meals. So, if you have been living away from home, Yumist is there to serve your cravings at your doorstep!
Founded in November 2014 by Alok Jain, former CMO at Zomato, and Abhimanyu Maheshwari, and based in Delhi, NCR region, Yumist is one of a full stack food tech startup operating in the daily meals segment to serve home style food, quality and convenience in a price sensitive market through the innovative use of technology and food science across the supply chain.
Desire to be trendy and fashionable and want your jewellery to reflect the same ? The perfect solution for it – Melorra! Jewellery in India has been mostly traditional and the industry has not evolved with the evolving woman’s fashion. Bangalore – based, Melorra is looking to change that.
Founded by former Titan Industries and Dell senior executive Saroja Yeramilli and R Krishnakumar, Melorra is a trend based jewellery app dealing in designing, developing and retailing jewellery articles that makes it convenient for a woman to shop depending on her mood, personal style and occasion. Continue reading “Startup Sunday Season 1 Episode 17 (Melorra)”
“Education is not preparation for life; education is life itself” – John Dewey
Remember those good old school days, when the major purpose of our life was to have highest collection of Pokemon tazos and not to worry about our future jobs. But even that time we all dreaded learning Math and most of us used to go to private tuitions, ran most of the time by Mom’s highly educated friend.
Maslow identified love as a social need. In today’s online world why should love stay behind. Technology, connectivity and innovative applications have made connecting with and meeting new people very easy. Today, we love to throw caution to the wind and engage in lucid conversations with strangers. Online dating has become as easy as hitting the ‘Like’ button on a photograph of someone you like, or swiping right on a dating app which will help you find the perfect match.
Imagine you post a video today on YouTube. The response to that video inspires you to make more videos. 10 years later you become one among the top 100 most influential people on earth. You receive a Padma Shri (The fourth highest civilian award) in India. When people live by the quote “Little drops make an ocean”, they become an inspiration for the whole world. Salman Amin “Sal” Khan is one such inspiration.Born in Louisiana to Asian parents, Khan was motivated in making other people learn. Continue reading “Startup Sunday Season 1 Episode 14 (Khan Academy)”