Harsh Mariwala launches entrepreneur mentoring foundation Ascent
To start with Mumbai- & Pune-based entrepreneurs Harsh Mariwala, who has steered Marico to grow in sales from Rs. 40 lac in 1971 to Rs. 4,000 crore today, has launched…
Do single product e-tailers have an edge?
The debate that Amazon.com must have had about 15 years ago – whether it should stick to selling books or move into other categories – is now happening at niche…
Can E-Grocers take on the Kirana Stores?
Business today has an article on the challenges facing BigBasket and its smaller competitors. One reason why no e-grocery startup other than BigBasket has managed to raise money is that…
“No More E-Commerce”: Flipkart investor
“We were the first fund to invest in e-commerce trading platforms in India. We don’t think all the companies funded are bad. However, now many ‘me too’ kind of companies…
Can Facebook grow into its $100 Billion Valuation?
NPR has an interesting podcast on the topic which also describes various aspects of the Facebook ecosystem like marketing companies who pay Facebook users to ‘like’ their clients; automated fake…
The Business of Parking
Businessworld has an article featuring VC-backed Central Parking Services and other local and international players (like Australia’s Secure Parking, Malaysia’s Tenaga Parking, etc) who have entered this market. Setting up…
Indian Private Equity at the Crossroads: A LP View
Anubha Shrivastava, Managing Director (Asia), CDC – one of the oldest investors in Indian PE/VC Funds – highlights the problems facing the industry in a Business Standard article . The…
Deal Alert: Everstone Capital and Helion Venture Partners invest in Bangalore based salon chain R& R Salons (“YLG”)
From the Press Release: Bangalore-based salon chain R&R Salons Private Limited (“YLG”) today concluded its second round of private equity funding. This round saw participation from Everstone Capital and its…
Profile of Hatsun Agro Founder
The Hindu has a profile of R.G. Chandramogan, founder of Chennai-based Hatsun Agro Products, best known for it Arun Icecream (launched in the 1970s) and Arokya Milk (1980s) brands. While…
Deal Alert: TaxiForSure raises venture capital from Accel, Helion
From the Press Release: Serendipity Infolabs Pvt. Ltd., which runs the online taxi booking site TaxiForSure.com, has raised venture capital funding from Accel Partners, Helion Venture Partners and Blume Ventures.…