Author
Anisha Aditya leads editorial initiatives at BW VC world, which is the venture capital focused digital platform of BW Businessworld. She is a Management Consultant with specialisation in International Business Strategies, assessment of bilateral and multilateral trade agreements between countries, national and international trade facilitation strategy of industries and global value chains for private companies and governments.
Salesforce Ventures made its first India investment on Tuesday by leading a $15 million Series C funding round in Hyderabad-based HR technology platform Darwinbox, operated by Darwinbox Digital Solutions, which was founded in 2015 by Chaitanya Peddi, Jayant Paleti and Rohit Chennamaneni. The company helps enterprises empower, engage and elevate the potential of their workforce through its hire-to-retire Human Capital Management (HCM) platform.
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Asanify was founded in 2019 by Priyom Sarkarand is headquartered in Kolkata. It focuses on disbursing salaries to employees and also deposits and files payroll compliances such as PF, ESI, and TDS. The HRtech startup’s customer base has seen a growth of more than 50 per cent during the pandemic.
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Prior to founding TaxBuddy.com, Bangar worked at the Indian Revenue Service (IRS), having joined the department at an early age of 22. He has to his credit the distinction of being the youngest IRS officer of the 2004 batch.
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For the first time since its launch in 2018, over 1200 startups across India and Southeast Asia applied for Extreme Entrepreneurs program. Of 17 finalists, 6 have women co-founders and 4 are from Southeast Asia + 13 from India. Finalists are building across diverse sectors such as Health, Fintech, Agritech, Gaming, Social, SaaS, EV, Social Commerce and Content.
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There can be no argument that the demand for online test preparation solutions is high but the bigger question is how effective these test prep startups are in outcomes and are they the right replacement for the traditional offline coaching. Edtech has always been pegged as a great equalizer which could deliver access to good education in remote areas. However, as the coronavirus lockdown pushes all educational institutions to adopt digital education, equality in education remains a far-fetched idea. Among the Ed-tech sub-sectors, K-12 education startups with $4.3 Bn in total market size is predicted to have the single highest market share — 41% of the total Ed-tech market in India.
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Founded in July 2016, MaxWholesale is a B2B e-commerce platform for Kirana stores to source inventory on-demand. It helps kirana stores discover prices and schemes on various FMCG products and get door-step delivery much faster than traditional methods.
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OurEye.ai is a Bengaluru-based startup, founded in August 2020 by Sourav Sanyal, Saurabh Ghanekar, and Miran Junaidi, students of SRM University (yet to be graduated) and is presently a team of 10 employees.
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Nazara Technologies Limited (Nazara), an India based gaming, sports media and gamified early learning company today announced that Plutus Wealth Management LLP & its associates have acquired shares worth over INR 500 Cr in Nazara from WestBridge Ventures II Investment Holdings, a fund managed by WestBridge Capital in a secondary transaction between the parties.
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Mr. Gaurav Shinh is a techno-commercial professional with a track record of delivering value by providing data solutions that solve complex business problems & leveraging the power of AI and ML to create commercially viable solutions for his clients.
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With a de-centralised kitchen and fulfilment through a hub-and-spoke model, Bhojan aims to set-up an exhaustive distribution network of retail points-of-sale (Kirana stores, departmental stores, etc.) along with distribution points at mass transit hubs, corporates/institutions. The innovative initiative in introducing Bhojan-on-Wheels in areas of scarce supply is also proving to be a disruptive force. Ease of access to wholesome Bhojan is one of the cornerstones of our business!
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