Brokerage startup races to the top of the pile.
Livspace, an end-to-end home design and décor service provider has acquired YoFloor, a mobile platform that offers a virtual trial room for home design decisions.
Ola has just confirmed its plan to launch a shuttle service in Bangalore and Gurgaon which shall go live by September 21 with proposals to cover 100 routes using 500 buses in total. Rides to cost less than Rs66 which is much cheaper when compared to its existing rides that averages at Rs 200 – Rs400.
GetMeFood, Hyderabad’s online food ordering service has been acquired by Monocept for an undisclosed amount.The website has more than 600 restaurants in its list and plans to partner with 1500 more in the near future with plans to expand their base to newer cities.
The first batch shall have 500 children from 9th and 10th standards taught at the learning centres of Avanti. The program shall be extended to other cities like Bangalore, Delhi, Chennai, Hyderabad shortly and aims to get over 5000 children registered by the end of the year from 1 – 12th standards.
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.
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.
I think I mentally dropped out of IIT in 2nd year. Physically in my 4th year. And on papers, I think I’m still an IITB student.
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.
Office space leasing was done as a part of company’s strategy to expand its operations as well as its workforce.
The duration of the deal is for 20 years and comes at a cost of Rs. 50 a month per square feet. The new campus will set up as a part of Embassy Tech Village on the Outer Ring Road at Devarabisanahalli.
Since a prospective employee only meets the founders and rarely the investors before joining, so these questions shall go to who ever an employee gets an opportunity to be with face to face, in an interview.