Why You Should Treat Retirement Like A Startup Business

Have you ever worried if you’ll run out of money? Can you imagine a point where you might wonder how you might bring in that next dollar? Are you thinking you might have to cut expenses in order to stay afloat? Who do these anxieties describe? An entrepreneur? A retiree? Trick question! It’s both! More and more financial experts now recognize the similarity between living a comfortable retirement and running a sustainable business. And if you’re thinking of retirement, you just might want to pay attention to what they say.…

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[Funding alert] Education financing startup Propelld raises Rs 15 Cr from Stellaris Venture Partners and India Quotient

Propelld, a Bengaluru-based fintech startup that enables student education loans, on Monday, announced that it has raised Rs 15 crore from Stellaris Venture Partners and India Quotient. Existing investor India Angel Network Fund (IAN Fund) also participated in the round. Other investors in the round include Raghunandan G, founder of Taxiforsure and Ramakant Sharma, founder of Livspace, who participated as members of Stellaris’ Founder Network. Bibhu Prasad Das, Founder, Propelld said, “We are expanding the education credit market by creating tailor-made loan products with inputs from our institute and NBFC partners,…

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[Funding Alert] Facebook debuts startup investment in India with Bengaluru-based Meesho

Meesho, a Bengaluru-based social commerce platform that helps resellers and emerging brands build businesses using social media, has bagged funding of undisclosed amount from social network giant Facebook. This is Facebook’s first investment in an India-based startup, and is a strong demonstration of the company’s commitment to the country’s vibrant internet ecosystem, the Silicon Valley company said in a statement. Founded by IIT Delhi alumni Vidit Aatrey and Sanjeev Barnwal in 2015, Meesho has created an alternate distribution channel by empowering housewives, young mothers, aspiring entrepreneurs, students, and teachers, to launch, build and promote their online businesses…

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Bosch Makes First Venture Investment In India With Deeptech Startup SimYog

Robert Bosch Engineering and Business Solutions, has announced its first venture investment in India in Bengaluru-based deeptech startup SimYog Technologies. Incubated at the Indian Institute of Science, SimYog has raised $885.7K (INR 6.3 Cr) in a funding round with participation from early-stage venture capital firm Ideaspring Capital. The startup plans to use the fresh funds to expand its product offering. The company will also expand its team to 12 people—from five now—over the next year, as it adds customers and products. Founded in 2017 by Dipanjan Gope, Anant Devi and…

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IIM-Ahmedabad’s investment arm backs vernacular chatbot startup

DheeYantra Research Labs, the creator of vernacular chatbot platform dhee.ai, has raised an undisclosed amount in seed funding from Centre for Innovation Incubation and Entrepreneurship (CIIE), the incubator-cum-investment arm of Indian Institute of Management-Ahmedabad. The company said in a statement that Gopal Krishna, former managing director of Maxim India Integrated Circuits, and stock market investor Vijay Kedia had also participated in the round. The startup will primarily use the capital to strengthen its sales and marketing initiatives while also investing on feature additions such as adding support for more languages for…

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India Funding Roundup: A Bike Taxi Startup, File Sharing App, and More

Our latest funding roundup compiles investments in Indian startups engaged in e-commerce, fashion discovery, on-demand transportation, B2B and B2C e-commerce startups. Ninjacart Bengaluru-based Ninjacart, a B2B startup connects farmers and brands to retailers, has raised $3 million (around Rs. 20 crores) in Series A funding round led by Accel Partners, Qualcomm Ventures, M&S Partners, and Zop Smart. Founded in 2015, Ninjacart helps producers to sell directly to retail stores by providing a selling platform and assisting in warehousing and order fulfilment. Wooplr Social fashion discovery platform Wooplr has reportedly received…

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