Content firm Pratilipi raises Rs 105 crore
Nexus Venture Partners, Omidyar Network India, Shunwei Capital, Contrarian Vriddhi Fund and WEH Ventures also participated in the round, taking the total funds raised to more than $20 million.
Self-publishing platform Pratilipi earns Rs 28 crore in a series-A round
The funds raised are being used for further building out the product...
Omidyar Network outguns local VCs in startup bets
The firm is also looking to tap into its global network to recreate successful global busin...
Shunwei’s slowly taking capital spot in Indian startup ecosystem
With eight investments closed in less than 10 months, the firm is leveraging its learning from the Chinese market and betting on companies which can gain from the mobile-internet boom.
In search of the next ‘50 Shades of Grey’, a self-publishing startup has the perfect success script
A personal quest for content in Indian languages soon transformed into a mission for the founders of this self-publishing platform to provide accessibility with affordability.
Who said Indians won’t pay for E-books
Writer trapped in an engineer’s body, Sharma plunged into entrepreneurship with the intention of liberating literature from publishers, using technology as an aid.
Epublishers look to bridge the gap between vernacular content and readers by translating books
A growing number of publishing startups such as news and ebooks mobile app Dailyhunt and selfpublishing platform Pratilipi
Xiaomi, VC arm to pick 10% in mobility startup chalo.com
The deal, which is part of Xiaomi’s efforts to increase its presence in the Indian mobile application space, values chalo.com at around Rs 500 crore.
China’s Shunwei Capital raises $1.21 b for its latest global fund
Chinese early-and growth-stage venture capital fund Shunwei Capital has raised one of its largest funds yet at $1.21 billion.
Nexus Venture Partners gets $313 million for its investment fund
Nexus has about $1.2 billion in assets under management and its previous fund raising was $450 million in mid-2015.
How online vernacular market is becoming the next big battle ground for tech cos
Not only global giants, desi entrepreneurs are also trying to get a piece of the pie. They are attracting smartphone users with specifically designed apps.
A look at startups solving India-specific problems
Many startups have moved beyond the idea of imitating successful business models and are working towards tackling uniquely Indian problems.
50 million ecommerce shoppers drop out after first purchase
The findings explain why India’s online shopping is not keeping pace with its internet expansion.
Here's why investors are queuing up to back Indian language content startups
The first wave of Indian language content startups with entertainment as the theme has already garnered a lot of attention from investors in India as well as China.
Indians spend roughly 3 hours a day on smartphones, but are they paying big bucks for apps?
A low-cost revolution is showing in the kind of apps Indians are downloading: they are shopping, ordering food, hailing taxis and dating on apps.
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