Both the companies will continue to run as separate entities. 03 April, 2017, Bengaluru. Bengaluru-based on-demand laundry service provider PickMyLaundry has acquired Gurgaon-based OneClickWash, a subscription-based laundry firm, in an all cash deal. Both the companies will continue to run as separate entities. Founded in 2015, OneClickWash is an app-based,…
The glory days of popular cab-aggregators Uber and Ola seem to be fading fast. Both the companies which once lured drivers, making them take hefty bank loans for purchasing brand-new cars, are now facing severe backlash with ongoing strikes and protests across major cities (Delhi, Bangalore and Chennai). As per…
Four years ago, MD Anderson, global pioneers in cancer care announced collaboration with IBM Watson to power ‘Moon Shots’ – a mission aimed at ending cancer by using the former’s cognitive computing system. The ambitious system, ‘IBM Watson powered Oncology Expert Advisor’ would integrate MD Anderson’s knowledge of clinicians and…
According to a global quarterly report by KPMG, last year, USD $24.7 billion was invested in FinTech companies across the globe. India too has witnessed a flurry of venture capital investments, particularly in the areas of SME lending, P2P lending, mobile wallets, payment services and robo-advisory. As a venture capital firm…
When I first read this article on GoCoop, an online social marketplace for India’s cooperatives and community-based enterprises, a line stayed with me. Siva said, “We are aiming to be the Amazon or Flipkart for handloom and handicrafts.” Much to my delight, last year in August, Siva sent an e-mail…
Potential Vs. Action Aadhaar, e-KYC, UPI and Digilocker are buzz words most Indian startups use liberally in their pitches to garner investor attention. But are they truly leveraging the power of India Stack? Perhaps yes, however there hasn’t been much action on-the-ground to prove this. While there are several startups…
Education start-up Cuemath will use the funds for business expansion and product development Education start-up Cuemath, run by Cuelearn Pvt. Ltd, has raised $15 million in Series B round of funding led by equity investment fund of Alphabet Inc., CapitalG (formerly known as Google Capital), the company said in a…
Delhi-based Cuemath is creating a home-based math learning network in India. With 2,000 centres across 9 cities, Cuemath is aiming to expand to 5,000 centres by 2018, as well as expand to Tier II and III cities. A young, feisty Priyanka fought with her family to pursue her MBA. When…
Over the past year, there have been numerous articles trying to explain why edtech startups in India are failing. If you believe the rhetoric, the Indian edtech market is in dire straits with little to be optimistic about. Challenges such as long sales cycles, the number of stakeholders, and a lack…
EdTech 2016 – The Year of Byju’s Over the past fortnight, we’ve been conducting our annual pipeline and portfolio review. A time-consuming process, it involves analyzing the performance of our investees, their plans for the next fiscal year, and perhaps more interestingly for everyone else, we look to identify funding…
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Unitus Ventures, a leading venture capital firm in India, is joining forces with its US affiliate Capria Ventures, a Global South specialist, to operate with a unified global strategy under a single brand, Capria Ventures.
