CarDekho.com Launches Automobile Battery Research and Discovery Portal BatteryDekho.comGurgaon-based auto portal CarDekho.com has launched automobile battery research and discovery portal BatteryDekho.com that aims at building a comprehensive ecosystem for vehicle ownership and making the battery discovery, research and selection process conveniently for the Indian consumer.
With this move, CarDekho users can search and compare specification and pricing of batteries. The site already has more than 250 batteries of brands such as Amaron, Exide, SF Sonic, Tata Green, and Base. Users will have the option to search for batteries that are compatible to 500 car and bike brands.
BatteryDekho.com has partnered with more than 10,000 dealers in 200 cities to enable better search results and greater selection flexibility for its users.
HT Media to Buy Stake into Singapore’s Sports AsiaHT Media Ltd has decided to pick up a 50.5% stake in Singapore-based digital content firm Sports Asia Pte. Ltd, as the newspaper publisher expands its online offerings.
The company will make the investment through wholly owned step-down subsidiary HT Overseas Pte. Ltd. It didn’t disclose the value of the all-cash deal but said it will buy Sports Asia’s shares for S$1 apiece.
The transaction will be completed by July 1, VCCircle reported. It added that the investment will help it diversify its digital content development.
Prayas Analytics Closes Its OperationsPrayas Analytics, the company that was founded by Yash Kothari and Pranshu Maheshwari and was backed by Dorm Room Fund, has closed its operations last week.
The company helps brick and mortar businesses test their stores. “Yash and I have come to the conclusion that our original idea with Prayas Analytics is not working, and the time has come to shut it down. The most basic goal of a startup is to make a product that users really want; it took a long time to realise it, but we have failed at doing so,” Maheshwari mentioned in a blog post.
Delhi NCR, Bangalore, Mumbai, Pune, and Hyderabad Are the Most Funded City for Startups in 2016Delhi-NCR has emerged as the most funded city in 2016, according to a report published by Tracxn. In the first six months of 2016, Indian startups raised $1.8 billion, out of which Delhi-NCR received $917 million.
This was helped by $250 million and $200 million funding raised in February by Gurgaon-based Ibibo Group and Delhi-based Snapdeal respectively, as per ETTech report.
Bengaluru was the second most funded with $489 million, followed by Mumbai with $296 million. Pune and Hyderabad took the fourth and fifth spots, with $59 million and $4.6 million respectively.
