The acronym KISS wasn’t invented for dummies. Keep It Simple Stupid is what you say to smart people who can’t see the obvious. In this instance the obvious looks like this: it’s the two man (or woman) band with barely any resources, pitching me their plans to build the next Oracle or Microsoft and assuring
Naveen Tiwari, co-founder and CEO of InMobi. Photo credit: InMobi. Those of us with eyes glued to India’s tumultuous startup field have been used to hearing bad news from India’s unicorns for some time now. That’s what makes InMobi’s announcement today of hitting profitability all the more sweeter. The ecosystem needed this dose of hope.
Ready to cook food app Fingerlix has raised USD 3 million in Series A round funding from Zephyr Peacock. The company plans to utilize these funds for expansion into newer geographies. Related : Co-working Spaces in Delhi – A new way to run your startup It also looks forward to hiring new talent to scale up
China’s largest automaker SAIC Motor on Wednesday said it had signed a formal agreement to buy a General Motors factory in India Source URL: China’s SAIC Motor to buy factory in India from General Motors Source Website: LiveMint Companies (http://www.livemint.com/companies)
In Delhi, gold prices of 99.9% and 99.5% purity rose by Rs130 each to Rs29,400 and Rs29,250 per 10 grams, respectively Source URL: Gold prices extend gain, rise Rs130 on global cues Source Website: LiveMint Money (http://www.livemint.com/money)
Technology, media and telecommunications (TMT)-focused investment bank The Raine Group has hired former head of India investment banking at UBS Gaurav Mehta to spearhead its […] Source URL: TMT-focused investment bank Raine enters India, hires former UBS exec as head Source Website: VC Circle (https://www.vccircle.com)
Makato Takano, Ex-PIMCO Japan Managing Director, CEO of Atomixmedia Inc., Editor-in-Chief of Forbes Japan and CEO of MT Partners K.K, has committed to invest Rs 30 Cr in the Indian Startup Ecosystem through GHV Accelerator. Mr Takano has also held senior roles at Goldman Sachs and Daiwa Securities earlier. He is also establishing a new
E-commerce major Amazon India has launched an interactive online training programme christened Amazon Classroom to impart new sellers with online selling skills, a company statement […] Source URL: Amazon India launches online training programme for new sellers Source Website: VC Circle (https://www.vccircle.com)