"The caps have been constructed with a risk management standpoint ... we cannot deploy more than 10 percent of our committed capital, into any one company. We also have caps on who are the equity investors...so we can only have as much capital at risk with an equity investor. We also have sectoral caps," said Khanna who has funded startups across consumer internet, enterprise software and technology sectors among others. … [Read more...] about India’s startup ecosystem in a correction mode: Trifecta Capital
Startups
Why this H1-B visa holder decided to start a furniture rental company
"If you look at smartphones, there is always a smartphone which is smarter than your current phone ... or the companies, the Apples and the Androids of the world, they are constantly creating something for you to come back in the market in the next 18-24 months. Who in the furniture world is making you come back in 18-24 months," he said. … [Read more...] about Why this H1-B visa holder decided to start a furniture rental company
Treebo and MakeMyTrip part ways over rising commissions
Founded in 2015 by Sidharth Gupta, Rahul Chaudhary and Kadam Jeet Jain, Treebo is backed by Bertelsmann India Investments, the strategic investment arm of German media conglomerate Bertelsmann SE and Co. KGaA. SAIF and Matrix partners have also invested in the company. … [Read more...] about Treebo and MakeMyTrip part ways over rising commissions
Exclusive | Swiggy suspends meal-for-one offering POP as virus hurts business
“The pandemic and consequent lockdown have led to a significant drop in the number of office-goers, changes in the restaurants' supply and customer preferences shifting towards prioritising for essential supplies as they stay indoors,” a Swiggy spokesperson told Moneycontrol. … [Read more...] about Exclusive | Swiggy suspends meal-for-one offering POP as virus hurts business
GOQii brand ambassador Akshay Kumar distributes 1,000 wrist bands to Mumbai Police
GOQii launched India's first smart band which measures body temperature, a major breakthrough in detecting early symptoms of COVID-19. The smart band will track body temperature, heart rate, blood pressure and sleep while keeping a check on your step count and calories.The world’s first smart wrist band with sensors to detect body temperature is here! Presenting the GOQii Vital 3.0 to detect the early symptoms of a possible #COVID19 infection. #BeTheForceAgainstCorona #GOQiiVital3 @vishalgondal @amitabhk87 @thryve_health @akshaykumar pic.twitter.com/ajlbQpcCKk … [Read more...] about GOQii brand ambassador Akshay Kumar distributes 1,000 wrist bands to Mumbai Police
