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| Jan 01, 1970 | Daily Report |
| RISING BHARAT | News Count (102251) | |
22061. This CRM startup is helping retailers like Nykaa, Taco Bell, GAP increase sales
Innovation and startups, ISRO/Defense/Water infrastructure/EV and other sectors
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Startups in Bharat
English
India
Your Story
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- Delhi-based Xeno works on a product plus consultancy model, providing CRM technology along with personal strategists to ensure maximum revenue for its 100 plus clients.
- Back in 2015, Computer Science engineers and roommates from VIT University - Pranav Ahuja and Ayushmaan Kapoor, quit their jobs to build a tablet-based loyalty programme for small and medium businesses.
- They registered the startup as Xeno. While the startup was able to generate $300,000 revenue by 2018, “We struggled to further scale it,” Pranav tells YourStory.
22062. With over 10,000 B2C and B2B clients, this on-demand storage startup promises to keep your valuables safe
Innovation and startups, ISRO/Defense/Water infrastructure/EV and other sectors
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Startups in Bharat
English
India
Your Story
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- Founded in 2015, on-demand storage provider Safe Storage offers storage management solutions ranging from household storage, document storage, and business storage, among others.
- Bengaluru-based Safe Storage is looking to solve this problem by providing storage management solutions ranging from household storage (appliances, kitchen utensils, furniture), business storage (B2B), document storage, and tape vaulting.
- The on-demand storage startup was founded in 2015 by former IBM colleagues Ramesh Babu Madisetty, Venu Madhav Maidam, and Nageswar Midam after they faced difficulties themselves when they had to travel.
22063. This India Quotient-backed startup is creating a Netflix-style hobby learning platform for kids
Innovation and startups, ISRO/Defense/Water infrastructure/EV and other sectors
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Startups in Bharat
English
India
Your Story
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- Gurugram-based startup Yellow Class wants to help millions of mothers with access to world-class hobby learning content for their kids aged 3-12.
- Serial entrepreneur Anshul Gupta has been in the startup ecosystem for more than a decade, having built and scaled three businesses, exited two of them via acquisitions, and launched his fourth venture (goFlatmates) in 2019. goFlatmates used AI and data to help people find flats and flatmates of their choice from curated listings by room providers. It was “going well” until early 2020, when COVID-19 happened and the market completely collapsed.
- “This market was born due to the pandemic. You can call it a COVID baby. Online adoption was practically zero here. Kids aged 3-12 were watching cartoons or doing something offline. But after COVID-19, there’s been a massive uptake in all kinds of online classes.”
22064. Recipe for success: How this startup got 1,200 restaurants to board its supply chain automation platform
Innovation and startups, ISRO/Defense/Water infrastructure/EV and other sectors
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Startups in Bharat
English
India
Your Story
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- SaaS-based startup SupplyNote, founded by four IIT Kanpur graduates, offers inventory and supply chain solutions, helping eateries improve their bottom line.
- Founded by IIT Kanpur graduates Abhishek Verma, Nitin Prakash, Kushang, and Harshit Mittal in 2019, SupplyNote is a software-as-a-service (SaaS) startup that digitises the inventory procurement processes of restaurants and automates supply chain management.
- The four founders first met at IIT in 2011 and started their entrepreneurial journey immediately after graduating in 2015. They helped brands run trackable below-the-line advertisements — promotion beyond mainstream media — on food packaging items.
22065. FPIs invest ₹28,203 cr in Aug so far; turn net investor in debt after 5 months
Make in India / Atmanirbhar
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Investment in Bharat by companies of other countries
English
Delhi
Mint
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- Foreign portfolio investors (FPI) remained net investors in Indian markets in the first half of August, pumping in ₹28,203 crore in debt and equities on net basis in the period, according to the depositories data. FPIs turned net investors in the debt segment in August after a gap of five months.
- Depositories data showed that a net sum of ₹26,147 crore was invested in equities and ₹2,056 crore in the debt segment by FPIs between Aug 3-14. This translated into a total net investment of ₹28,203 crore.
- FPIs have been net buyers for two consecutive months prior to this. They invested ₹3,301 crore in July and ₹24,053 crore in June on net basis.
22066. India's key Central European partner Poland keen to increase two-way investments in post-Covid scenario
Make in India / Atmanirbhar
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Investment in Bharat by companies of other countries
English
Poland
The Economic Times
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- Central Europe’s biggest nation and India’s traditional partner in the region is keen to invest in India and simultaneously keen to expand basket of Indian investments in the country. India is the primary location in Asia for Polish investors (currently 270 mln USD).
- Increasing two-way investments was one of key issues discussed at the Indo-Polish Foreign Office Consultations held last week through a virtual meet. Poland has also proposed cooperation with India on research and innovation. It may be recalled that the Polish Investment and Trade Agency opened a new Foreign Trade Office in Mumbai in 2018.
- Poland is India’s largest trade partner and export destination in the Central European region, with bilateral trade growing almost seven-fold over the last ten years. As per Indian statistics, the overall value of bilateral trade in 2018 was $ 2.351 billion. India and Poland signed a Memorandum of Understanding last year to enhance bilateral cooperation in the coal and mining sector.
22067. People's Bank of China buys into ICICI Bank amid 'Boycott China' movement
Make in India / Atmanirbhar
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Investment in Bharat by companies of other countries
English
India
Business Today
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- The People's Bank of China has now made an investment in ICICI Bank. The Chinese bank has emerged as one of the investors in ICICI Bank's Rs 15,000 crore capital raising exercise which ended last week.
- The Chinese bank signed a cheque of Rs 15 crore in the private bank under the qualified institutional placement.
- People's Bank of China was amongst the 357 institutional investors which included domestic mutual funds, insurance companies and global institutions that subscribed to the issue. The prominent investors among them were Government of Singapore, Morgan Investment and Societe Generale.
22068. [Funding alert] DrinkPrime raises Rs 21 Cr from Sequoia Surge, Omidyar Network India
Make in India / Atmanirbhar
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Investment in Bharat by Bhartiya companies
English
India
Your Story
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- Water purifier startup DrinkPrime on announced that it had raised Rs 21 crore ($3 million) in its pre-Series A round. The round was led by Omidyar Network India, with participation from Sequoia Surge The Bengaluru-based startup will use the freshly raised funds to strengthen its team and invest in growth plans.
- The startup has created smart water purifiers by leveraging Internet of Things (IoT) technology and a seven-stage filtration process. It allows users to subscribe to use the company's advanced modular water purifiers, with a pay-as-you-use model.
- DrinkPrime is also backed by founders of Snapdeal, Kunal Bahl and Rohit Bansal, GrowthStory's founders Meena and Krishnan Ganesh, and Bounce, among others.
22069. Lightspeed India raises $275M, will focus on startups of the future
Make in India / Atmanirbhar
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Investment in Bharat by Bhartiya companies
English
India
Your Story
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- Lightspeed India Partners has closed the Lightspeed India Partners III fund with $275 million of committed capital. As a fund, it has invested more than $750 million in India and supports startups through the growth stages.
- It will continue to focus on early stages of innovation, and work with founders to support them through their growth lifecycle – working with a growth capital pool of over $3 billion raised recently in its global funds.
- Lightspeed India Partners closes Lightspeed India Partners III fund with $275 million. It will focus on early stages of innovation, and support founders through their growth lifecycle.
22070. P-notes investment continues to soar, climbs to over Rs 63,000 crore till Jul-end
Make in India / Atmanirbhar
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Investment in Bharat by companies of other countries
English
India
The Economic Times
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- Investments through participatory notes (P-notes) in the domestic capital market soared to Rs 63,288 crore till July-end, making it the fourth consecutive monthly rise.
- P-notes are issued by registered foreign portfolio investors (FPIs) to overseas investors who wish to be part of the Indian stock market without registering themselves directly.
- Prior to that, investment level was at Rs 60,027 crore and Rs 57,100 crore at the end of May and April, respectively.Of the total Rs 63,288 crore invested through the route till July, Rs 52,356 crore was invested in equities, Rs 10,429 crore in debt, Rs 250 crore in the hybrid securities and Rs 190 crore in derivatives segment.