Proklean Technologies Raises Rs 3.5cr From IIMA’s Cleantech Fund Infuse Ventures

Proklean manufactures probiotic products that can replace chemicals in industrial and commercial applications. The startup uses a unique probiotic technology which makes products 100% biodegradable, natural and non-toxic. Further, Proklean claims its products are cost and performance competitive compared to traditional chemical products.

SEBI Names Narayana Murthy To Head Startup Funding Platform Panel

The panel, Alternative Investment Policy Advisory Committee (AIPAC), will set up rules for the funding platform and will advise markets regulator SEBI on capital market policies. The 18-member panel includes private equity and venture capitalists like KKR India Chief Executive Sanjay Nayar, Piramal Group Chairman Ajay Piramal and Devinjit Singh, Managing Director of the Carlyle Group India, and Saurabh Srivastava, Founder of Indian Angel Network.

SEBI To Go Easy On Listing Norms For Startups; Is Trying To Be Investor Friendly

The Securities and Exchange Board of India (SEBI), is likely to exempt startups from lock-in period clauses while listing on the stock exchanges. The exemption will facilitate the startups to sell shares to the public through the proposed alternative capital-raising platform from the mandatory promoter’s holding lock-in period, enabling to raise funds easier and, also investor exits.

CommonFloor Launches 360 Degree Walkthrough For Rent & Resale Properties

The online real estate platform, CommonFloor, has launched ‘Live-in Tours’ with 360-degree virtual tour for the rental and resale realty market in India. The feature allows the user to get a complete perspective of the rental, resale & new properties listed on the website. The company is planning to introduce this feature across 18 major cities by March 2016 and as well as to have five lakh properties listed with Live-in Tours.

The Woman Who Chose To ‘Startup’ In Her Sixties

Meenakshi Datta is the CEO & Founder of Thread Turner and a makeover expert who started her apparel & fashion ecommerce platform at age 60. Meenakshi gave up her job to devote her time to bringing up her children and once they flew the nest, that’s when she got started. She took an active interest in honing her skills and joined theatre workshops, did voiceovers, conducted communication skills workshops, held sessions as a motivational speaker and created initiatives to empower underprivileged women. Every step was learning for her, which all put together culminated in her starting up Thread Turner.