User: vj712 Topic: Indian startups
Category: Indian startups
Last updated: Feb 08 2016 12:43 IST RSS 2.0
 
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Nifty closes above 5000 on better-than-expected Q2 ... 30.8.2033 CNN-IBN Top Stories
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Bharat Biotech likely to be valued at $600 million as top PE firms queue up to buy stake 8.2.2016 TOI: India Business
Domestic private equity fund ICICI Venture, International Finance Corp, the investment arm of World Bank, will exit their almost 10-yr investment in Bharat Biotech.
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Anti-dumping decision may revive action in Tata Steel, SAIL stocks 8.2.2016 TOI: India Business
Jindal Steel & Power jumped 10.5% to Rs 63.45 on BSE, while SAIL climbed 6.1% to Rs 40.85, and JSW Steel advanced 2.86% to Rs 1,039.
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FirstCry's logistics arm raises $8M from SAIF, Vertex 8.2.2016 TOI: India Business
E-commerce logistics firm Xpressbees has raised around $8 million or about Rs 54 crore from early-stage investor SAIF Partners and Vertex Ventures, the venture arm of Singapore government's investment fund Temasek, sources familiar with the development told TOI.
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Dr Reddy's Laboratories gets USFDA approval to market Sernivo spray 8.2.2016 ET: Pharma
The company said its US subsidiary Promius Pharma has received USFDA approval to market Sernivo spray, used in treatment of skin disorder.
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Dr Reddy's Gets USFDA Nod to Market Sernivo Spray 8.2.2016 newindianexpress.com
Drug major Dr Reddy's Laboratories (DRL) today said its US subsidiary Promius Pharma has received USFDA approval to market Sernivo spray.
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Maharashtra eyes big ticket investments 8.2.2016 The Hindu: Today's Paper
Maharashtra eyes big ticket investments
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CRISIL ratings for Indian debt instruments-Feb 8 8.2.2016 Sify Finance
Feb 8 (Reuters) - Below are the ratings awarded by Credit Rating Information Service of India (CRISIL) for local debt instruments as of February 5, 2016. COMPANY
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Sensex, Nifty move in tight band; Jet Airways up on strong results 8.2.2016 Sify Finance
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Ratan Tata invests in B2B marketplace Moglix 8.2.2016 Hindu: Home
Leading industrialist Ratan Tata has invested in Moglix, an e-commerce company specialising in B2B procurement of industrial products, continuing his slew of investments in startups across the world.
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Ratan Tata Invests in B2B Marketplace Moglix 8.2.2016 newindianexpress.com
Leading industrialist Ratan Tata has invested in Moglix, an e-commerce company specialising in B2B procurement of industrial products.
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Lycos to acquire Austrian messaging, tech firm TriTelA 8.2.2016 All Companies Stories
TriTelA owns 'mysms' messenger and tech platforms SPH Wien and Kika Social; Lycos to issue 28.48-m additional shares for 100% ownership
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Ratan Tata invests in B2B marketplace Moglix 8.2.2016 DNA: Popular News
Leading industrialist Ratan Tata has invested in Moglix, an e-commerce company specialising in B2B procurement of industrial products, continuing his slew of investments in startups across the world. This is Tata's sixth investment this year after investing in five companies -- DogSpot.in, Tracxn, CashKaro, FirstCry and Teabox -- last month. Tata has invested an undisclosed amount in the company and with his expertise and a keen interest in the sector, Tata will play an important role in mentoring Moglix on business growth, global expansion and leadership, Moglix said in a statement. Founded in August 2015 by former Googler Rahul Garg, Moglix is focused on technologically disrupting the B2B Industrial products space for suppliers and buyers across the globe. It specialises in B2B procurement of industrial products such as MRO, fasteners and industrial electricals. It is partnering manufacturers and distributors across these categories in India, China and other Asian countries. Tata Trust Chairman and ...
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Finally, good news from food tech startups as Zomato breaks even India, key markets abroad 8.2.2016 FirstPost: Bollywood

Indian restaurant search and food delivery service Zomato, one of only a handful of Indian start-ups to succeed abroad, said on Monday it had broken even in key markets including India and is on track to make a profit as early as June next year. The result comes as Zomato seeks $200 million in funding, […]

The post Finally, good news from food tech startups as Zomato breaks even India, key markets abroad appeared first on Firstpost.

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Ratan Tata invests in B2B marketplace Moglix 8.2.2016 All Companies Stories
Move marks Tata's entry as an investor in a manufacturing tech-startup, adding to his portfolio of e-commerce and new technology-enabled companies
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Zomato Breaks Even at Home, in Key Markets Abroad 8.2.2016 newindianexpress.com
Zomato asserted of breaking even in key markets including India and is on track to make a profit as early as June next year.
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Zomato breaks even in India; expects to turn profitable by June 2017 8.2.2016 DNA: Recent Columns
Indian restaurant search and food delivery service Zomato, one of only a handful of Indian start-ups to succeed abroad, said on Monday it had broken even in key markets including India and is on track to make a profit as early as June next year. The result comes as Zomato seeks $200 million (nearly Rs 1,357.2 crore) in funding, a source close to the group said, in an increasingly tough environment for start-ups. Zomato, which makes money through advertising and its delivery service, said it had hit operational break-even in India, the UAE, Indonesia and three other markets in the Middle East and Southeast Asia. Together, they account for the three-fourths of the company's revenue, co-founder and chief executive Deepinder Goyal told Reuters. "The fundamental model of our business is that in mature markets we should make profits and they shouldn't need any more outside money to grow," Goyal said. Zomato is set to start its $200 million funding round in April, the source close to the company said, adding it ...
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Zomato breaks even at home, in key markets abroad 8.2.2016 Asian Age: Business
Zomato is set to start its $200 million funding round in April Zomato had hit operational break-even in India, the UAE, Indonesia and three other markets in the Middle East and Southeast Asia. Indian restaurant search and food delivery service Zomato, one of only a handful of Indian start-ups to succeed abroad, said on Monday it had broken even in key markets including India and is on track to make a profit as early as June next year. The result comes as Zomato seeks $200 million in funding, a source close to the group said, in an increasingly tough environment for start-ups. Zomato, which makes money through advertising and its delivery service, said it had hit operational break-even in India, the UAE, Indonesia and three other markets in the Middle East and Southeast Asia. Together, they account for the three-fourths of the company's revenue, co-founder and chief executive Deepinder Goyal told Reuters."The fundamental model of our business is that in mature markets we should make profits and they ...
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Stuck in City Traffic? Now You Can Zoom on a Two-wheeler Taxi to Your Destination 8.2.2016 newindianexpress.com
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NFC cards set to replace credit card in the future 8.2.2016 Chennai News, Tamil News, Chennai City News, Tamil Nadu News | TOI City News
Financial inclusion for the marginalised has been an oft-re peated vision statement for many companies.And among the few, who've managed to deliver is techstartup Yeldi ...
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