India Quotient backs wealth management app WealthTrust
Evolusolve Technologies Pvt Ltd, which operates wealth management app WealthTrust, has raised an undisclosed amount in seed funding from venture capital firm India Quotient, a co-founder of the startup told VCCircle.The Mumbai-based company will use the funds to strengthen the team, ramp up its technology infrastructure and add more features ......
Alibaba, Abof, Future Group join race to acquire Jabong
Chinese e-commerce giant Alibaba, Aditya Birla's new e-commerce venture Abof along with homegrown e-commerce companies Myntra and Snapdeal, besides brick-and-mortar retailer Future Group are all in separate buyout talks with Rocket Internet-incubated fashion e-commerce venture Jabong.Quoting unnamed sources close to the developments, The Economic Times reported that the asking price ......
A better user experience is the best way to retain customers
It is not difficult for e-commerce firms to lure customers through discounts. The real challenge lies in retaining them without burning a hole in your pocket.At the recently concluded Techcircle Startup 2016 summit, a panel discussion titled ‘The art and science of customer acquisition and retention’, moderated by Karthik Reddy, ......
Lavasa Corp’s president & CEO Uttam Dave steps down within a month
President and chief executive officer of Lavasa Corporation Ltd, Uttam Dave has stepped down from his position just after joining the company a month ago, as per his LinkedIn update.When contacted by VCCircle, a spokesperson of Lavasa said that Nathan Andrews has been the president and chief operating officer of ......
Airtel, Vodafone to benefit as ministerial panel fixes usage fee for new spectrum at 5%
The Empowered Group of Ministers on telecommunications, headed by Finance Minister P Chidambaram, on Monday decided a spectrum usage charge (SUC) of 5 per cent of the annual gross revenue on all new 2G airwaves to be acquired in the auction. The SUC will be computed using weighted average method ......
Meet innovative startups at Techcircle Startup 2012; focus on live funding & co-founder dating
India’s most innovative and disruptive startups are attending Techcircle Startup 2012 to learn from and share notes with the country’s top entrepreneurs, like-minded peers, and angel & early-stage investors. The event will be held on Dec 11 at Le Méridien in Delhi.Speakers from highly innovative and disruptive tech companies across hot ......
Keynote address by Piruz Khambatta of Rasna & more at VCCircle Ahmedabad Investment Forum 2012: Register now
Rasna, India’s local entrepreneurial story, was launched as a brand in the mid-70s but started gaining popularity in the 80s when the market was dominated by carbonated soft drinks like Thums up, Gold Spot and Limca. Piruz Khambatta, chairman & MD of Rasna, is now joining Ahmedabad’s largest entrepreneurship and ......
ShabdaNagari raises bridge funding from ah! Ventures
Hindi social networking platform ShabdaNagari.in, which is operated by Kanpur-based Trident Analytical Solutions Pvt. Ltd, has raised an undisclosed amount in bridge funding from ah! Ventures, a top company executive told VCCircle.The firm will use the funds for product development, marketing and promotional activities, said Amitesh Mishra, co-founder and CEO ......
Simulation software startup Knolskape raises Series A funding
Knolskape Solutions Pvt. Ltd, a gamification and simulation software firm operating in the talent transformation space, has raised an undisclosed amount in a Series A funding round from venture capital firm Inventus Capital Partners and human resources (HR)-focused private investment company The HR Fund, the company said in a statement. The ......
Uday Shankar named Star India chairman in top-level reshuffle
US media company 21st Century Fox has made a number of top-level changes at broadcaster Star India Pvt Ltd. Uday Shankar, currently CEO at Star India, has been made chairman and CEO while Sanjay Gupta has been promoted as managing director. The company also appointed K. Madhavan as managing director in ......
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