StartupCentral

A few weeks ago, Grow VC, a community funding platform for startups that seeks to help entrepreneurs raise seed money, launched operations in India. Their local partner is Springboard Ventures. It works on a subscription model, whereby you can sign up as a member for Rs 1,000 per month. 75 per cent of your membership [...]

Travel portal MakeMyTrip, which is headed for a Nasdaq listing shortly, has set the price band for its initial public offering (IPO) at $12-14 per share (Source: SEC Filing). It expects to raise $44.3 million, which will be used to expand operations by acquiring or investing in strategic businesses or assets as well as for [...]

Pune-based InnovizeTech Software, a software product company, has received an undisclosed quantum of investment from Indian Angel Network (IAN). The company has a patent-pending product called Sapience which delivers solutions to measure and analyse enterprise effort and time productivity. It sits on each person’s computer and un-intrusively measures work activity, while ignoring usage for private [...]

Gurgaon-based travel service portal MakeMyTrip will list on the Nasdaq under the symbol MMYT. It has filed a registration statement with the SEC for a proposed initial public offering (IPO) of its ordinary shares. The number of shares to be offered and the price range has not yet been determined. Morgan Stanley will be the [...]

I’m picking this up about a month late, but it is worth writing about anyway. The second edition of the DFJ and Cisco Global Business Plan Competition concluded on June 29. This year’s winner is Ambiq Micro, a ubiquitous computing startup incubated at the University of Michigan, US. The company is developing next generation, energy [...]