- Hyperlocal Discovery Startup Magicpin Bags $1 Mn Venture Debt From Trifecta Capital Hyperlocal discovery platform Magicpin has raised about $1 Mn in venture debt from Trifecta Capital, as per its MCA filings accessed by Inc42. This is the first round of venture debt funding for the Gurugram-based company. With this venture debt round, the company has raked in a total of $11 Mn in funding since its […]
- Google’s Payment App Tez To Let Users Pay Utility Bills Through The app Google is not shying away from wooing Indian users and the third edition of Google for India held in Delhi this week was proof enough. Underlining its intention to woo the world’s second-largest Internet economy, the tech giant will roll out the latest version of its payments app Tez in coming months. The new version […]
- P2P Car Sharing Platform Drivezy Raises $10Mn Funding, Announces ICO To Build P2P Sharing Marketplace P2P car and bike sharing platform Drivezy has raised $10 Mn in a part equity and part debt funding. The equity investment totalling $5 Mn has been made by American and Japanese investors, including Das Capital, Axan Partners, Das Capital and IT Farm. Meanwhile, a group of banks and NBFCs including Mahindra Finance, ICICI Bank, […]
- 11 Women Entrepreneurs Selected For Google Developers’ Launchpad Build Global tech giant Google has selected 11 startups led by women entrepreneurs in order to train them. This mentorship programme for women entrepreneurs – Google Developers’ Launchpad Build – will come under the Launchpad Accelerator Program. Through the programme, the selected women entrepreneurs will get a chance to help promising startups achieve rapid progress in a […]
- Car Rental Startup JustRide Transitions From Aggregator To Marketplace Model; Rebrands As Drivezy Y Combinator-backed self-drive car rental service JustRide announced today that it has rebranded itself as Drivezy. The rebranding exercise comes as part of the company’s strategy to make the transition from an aggregator model to a marketplace platform. It now aims to become a peer-to-peer car sharing platform. Drivezy will allow individual car owners to […]
- Indonesia Weekly Review: 5 Archipelago Startup Stories You Don’t Want To Miss This Week [22 May – 27 May] Our week at Inc42 began with an exclusive conversation with Sebastian Togelang, the founding partner of early-stage VC firm based out of Indonesia, Kejora Ventures. He shared anecdotes and information about what it takes to be a VC in Indonesia, the startups evolving there, and how companies can maximise on growth and development in the […]
- Google Launchpad Selects 3 Indonesian Startups For Accelerator Programme Google has announced the fourth batch of Southeast Asian startups that will join the Launchpad Accelerator programme at Google Headquarters in Silicon Valley, California. A total of nine startups have been selected from Indonesia, Malaysia, the Philippines, Thailand, and Vietnam, reported e27. Three Indonesian startups have been selected for the same. They are Cicil, Nadipos, and […]
- Google Selects 6 Indian Startups For Launchpad Accelerator 4th Edition Global tech giant Google has announced the list of startups that will be joining the fourth edition of the Launchpad Accelerator Program, at the Google Developers Launchpad Space in San Francisco. With this batch, a total of 26 Indian startups have so far joined the Launchpad Accelerator programme from India. The six Indian startups selected […]
- The Top 60+ Active Startup Accelerators In India “It’s almost always harder to raise capital than you thought it would be, and it always takes longer. So plan for that.” – Richard Harroch, Venture Capitalist and Author. A startup founder is versatile – he is an accountant, a marketer, a writer, an event organiser, a strategist, a planner and more. While the entrepreneur […]
- It’s Curtains Close For Taskbob – Home Utility Service Provider Shuts Down Operations Mumbai-based home utility service provider, Taskbob has reportedly shut down operations. The development was confirmed by a mail sent to Taskbob users by co-founder and CEO Aseem Khare. The mail states, “Due to unforeseen circumstances, Taskbob will be shutting down its operations as of 19th January. All the orders already placed in the system will be […]
- Indonesia Weekly Review: 3 Archipelago Startup Stories You Don’t Want To Miss This Week Indonesia is a particularly noteworthy marketplace in Asia. As one of the most populous nations in the world with an average age of 29 years old, Indonesia has a tremendous opportunity for the development of profitable companies. At only 28% Internet penetration, there are already over 93 Mn people online. The potential is huge as can […]
- The Ecosystem Builders: An Exhaustive List Of Accelerators And Incubators In Indonesia We have established in our last three articles that it’s a great time to be a startup in Indonesia. The archipelago startup goldmine has all the push factors needed to develop a booming entrepreneurial ecosystem, including investors, penetration of technology, economic conditions, and more than $336 Mn pumped in startups in 2016. Next in our […]