From the Editor's Desk As I write from Bangalore (Microsoft Ventures), I see 2 very interesting trends from all the startups I spoke to. There's real innovation happening - it's moving from consumer apps to AI, there's IoT, there's B2B innovation, there's B2C innovation. This is great for India. And thanks to Tiger and Softbank and Alibaba to have triggered this at such speed. However, the moment you ask anyone about revenues, out come the vanity metrics - transaction volume, GMV, etc. Startups are well-trained in this too now. So, the dependency on funding and future rounds of funding is big as almost no one is even close to profitability. This puts several of these companies at risk. We should see a lot of consolidation happening in 2016. - Comment
Kalaari to invest $20 million in 40 startups Venture capital fund Kalaari Capital is planning to invest about $20 million (around Rs 135.7 crore) in 40 startups over the next two years as part of its seed and incubation programme.
Reliance Jio LYF Flame 1 is the cheapest VoLTE phone in India With official launch of 4G services only days away, Reliance Jio has launched the cheapest VoLTE enabled phone in India — the Flame 1 — under its LYF brand. The phone is priced at Rs 6,490, about Rs 1,000 less than the Lenovo A6000 Plus, which was the cheapest VoLTE phone before the launch of …
Competing states are driving India Patting his NDA government on the back, Union finance minister Arun Jaitley on Wednesday said competitive federalism is driving states to rush in with reforms and compete with each other to woo investors.
Infor Announces Industry-Focused Supply Chain Solutions for efficiency Infor has announced Infor Supply Chain Execution (SCE), version 10.4, to deliver enhanced performance and efficiency. Building upon last year’s announcement of SCE in the Cloud, Infor has utilized feedback from customers in multiple industries, to improve fulfillment performance, increase ease-of-use and achieve a faster return on investment.
Cisco acquires IoT services provider Jasper for $1.4 billion Cisco has acquired the IoT services platform provider Jasper for $1.4 billion reports Techcrunch. Post acquisition, Jasper will continue to operate as usual, while its founder & CEO Jahangir Mohammad, will lead Cisco’s newly formed IoT software business unit under Rowan Trollope, IoT and col
50 Best Sports Movies Ever Many have been made, some have been deemed classics, and others have been criminally under-appreciated. The question is, what is the greatest sports movie of all-time? The power of film has become undeniable in the world of sports. Whether it’s a before-its-time release that touches upon issues that rise to prominence in future years, a […]