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Nearly 1000 startups expected to be funded in 2016: Report

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The forecast depends on the run-rate seen in Q1 2016, and the contribution from first quarter to the yearly deal volume. There have been 255 deals till mid-April this year, said the report.  2016 will keep on being the year for startups as investment funds keep the money desiring a generally cash-compelled ecosystem. While financial speculators will keep subsidizing the startups, 'little is protected' is liable to be the characterizing theme for startup subsidizing, as deal size is relied upon to be much littler in contrast with the hyper subsidizing as of late, claims VCCEdge Q1CY2016 Startup India Funding Report.  The year 2016, consequently, will be the year of solidification with startup valuations getting trimmed, early-stage financial specialists turning mindful and a general fixing of purse strings.  The report characterizes startups as organizations that have reported raising an Angel or Seed-stage subsidizing, or a Venture Capital Round An or Round B in th...

Govt grants 100 per cent FDI in Online E-commerce Market place

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In a move that is required to help Foreign Investments in the e-commerce space, the government on Tuesday elucidated its position on foreign investment in e-commerce and allowed 100 per cent FDI in the marketplace configuration of e-commerce retailing under the automatic course.  While FDI has not been allowed in stock based model of e-commerce, the government extended the meaning of marketplace to incorporate bolster administrations to sellers as for warehousing, logistics, order satisfaction, call center, payment accumulation and different administrations.  In spite of the fact that the elucidation comes without clear FDI guidelines on different online retail models, the online marketplaces in India have as of now seen substantial outside ventures by a few worldwide players, (for example, Amazon) and into homegrown players, (for example, Flipkart and Snapdeal) who are working in the space.  To bring clarity, the DIPP has additionally turned out with ...

Foodpanda Acquires Delivery Hero, Backed Indian Company Tastykhana

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Worldwide online food delivery marketplaces Foodpanda and Delivery Hero on Monday proclaimed a series of partitioned securing deals. The two have gained companies possessed by the other in India, Mexico, and five Latin American nations. Foodpanda assumed control Tastykhana in India, augmenting its position in food delivery markets around the world. Tastykhana will remain a free brand. Together, Foodpanda and Tastykhana will partner with in excess of 10,000 restaurants in India, covering in excess of 173 cities. Foodpanda additionally procured the Mexican food delivery organizations Pedidosya, Semeantoja and Superantojo and targets market initiative in Mexico. The group has been operating in the Mexican market including Argentina, Chile, Colombia, Ecuador and Peru since December 2012 under the hellofood brand . After the acquisitions, Mexican clients in 10 cities will have the choice from in excess of 2,500 restaurants. Delivery Hero gained the Hellofood organizations in Argentina, C...