Startup Announcements #18

coffee

Welcome to this 18th post on the Startup Announcements. This is the weekly roundup on funding and acquisition around startups in India.

Some notable funding announcements:

 

SaaS product intelligence platform Indix raises $15 M

My Take: The amount of data we are churning we will see more likes coming out in the market.

Financial service startup raises $2.5 Mn

My Take: FinTech is hot, not saying anything more.

Recruitment startup raises $5 M from Blume Ventures and others.

My Take: Hiring talent is still a pain & solving this problem requires a lot of intelligence hence this funding.

Some notable Acquisitions:

Simplilearn Acquires US Based Market Motive For $10mn

My Take: It makes complete sense to enter in US market and this acquisitions will also help in creating base for Simplilearn in USA.

Food Delivery service Hello Curry acquires Fire42

My Take: Its time for consolidation and few big guns will survive in this domain. 

You can find much shorter version with all announcement post from various news sources on my Medium post

Happy Monday!!

Posted in India, startups, Technology | Tagged , , , | Leave a comment

Enterprise Announcements #5

door

Welcome to this 5th post on the Enterprise Announcements. This is the weekly roundup on funding and acquisition around enterprise technology.

This week we saw acquisition from

Spotify acquires data science consulting firm.

My Take: It completely makes sense, Spotify needs to dig deeper and analyze user patterns to offer value for the service. 

GoFundMe Founders cash majority stakes with Vc’s

My Take: This is not a acquisition but founders giving out majority stake. The reason could be they want some fun/cash or thinking of building something else. 

Let’s look at the funding scene for this week

Credit Karma Has Raised $175M

My Take: Fintech startup, do i have to say anything more [chuckles]

Big Data analytics firm Palantir, raising $500m Series I

My Take: Palantir has been for long, it has many government agencies as customers. I still cannot believe taking Series I funding. 

Another data driven startup Celect gets $5 million

My Take: Data is big and here to stay, building solution around it is good way of making revenue unlike living in bubble world.

You can find much shorter version with all announcement post from various news sources on my Medium post

Happy Monday!!

Posted in startups, Technology | Tagged , , , | Leave a comment

Interesting Reads #39 #Startups #Technology #Life

This is the Product Death Cycle. Why it happens, and how to break out of it
@andrewchen is a visionary investor, this advice of his should be taken seriously.

9 Steps to Interactive Data Visualizations
You love data, enjoy the way it is presented on the websites. This post will give you a great insight to get you going in the world of data visualization.

How to Avoid Making Huge Mistakes with Life’s Big Decisions
I will only say that this post has left great impact on me.

Can Wikipedia Survive
This post from NY Times cites that the explosion in Mobile internet is going to make wikipedia non-triavial. I will not fully agree to it though.

DO THE SIMPLE THING FIRST: THE ENGINEERING BEHIND INSTAGRAM
The founders from Instagram were solving a problem, they just wanted to build and get traction. It is a very good lesson for any startup building product for mass users.

dt150620

Posted in Life, startups, Technology | Tagged , , | Leave a comment

Startup Announcements #17

coffee

Welcome to this 17th post on the Startup Announcements. This is the weekly roundup on funding and acquisition around startups in India. Another week and we have funding and market consolidation happening in hyper local sector.  

Some notable funding announcements:

3D printing company Fracktal raises 3 million.

My Take: 3D printing is finally going mainstream, the disruptive technology is already making an impact in engineering and architecture domain. We will see more area being covered soon.

HouseJoy raises $4 million

Make Take: We are currently living in hyper local funding era. We will keep hearing this kind of funding announcements atleast for few months.

Tracxn gets $10 Million funding

My Take: Seems like Tracxn was not able to enter or make any impact they were launched with. This is why they are getting into incubator business. I hope it helps entrepreneurs.

Some notable Acquisitions:

Aequs acquires T&K machine

My Take: The Make in India campaign of current ruling government has an impact on this. We are soon see a lot many company building product in aerospace and defense sector.

Snapdeal acquires Letsgomo Labs

My Take: With the technology crunch Indian market it makes complete sense for cash rich e-commerce firm to acquihire a service company. This will add qualified work force to it and rapid update in product becomes easy.

Cucumbertown acquires Japanese company

My Take: Food Tech is on new high in India. This kind of deal strengthens the belief that we Indians are finally getting into food taste.

You can find much shorter version with all announcement post from various news sources on my Medium post

Happy Saturday!!

Posted in startups, Technology | Tagged , | Leave a comment

Sharing my Ideas, If you like go build a startup

mango

I been following James Altucher for over a year now. He keeps telling about becoming an idea machine, come up with 10 ideas everyday. I tried it for few weeks and realized its too difficult to gather ideas.

So far I have managed to  gather few ideas but implementing is not my piece of cake.  I have too many liabilities and limitations. I am also not pushing myself too hard to get out of comfortably zone and work on these.

So I am sharing it with you all, every week i will share atleast 10 ideas starting this monday.  If it works for someone, don’t forget to pay me some % after building next unicorn out of it. 😀

Last not the least I have also realized its tough to collect ideas but extremely difficult to implement it. 

PEACE

Posted in Life | Tagged , , | Leave a comment

Enterprise Announcements #4

door

Welcome to this 4th post on the Enterprise Announcements. This is the weekly roundup on funding and acquisition around enterprise technology.

This week we saw acquisition from

1. Techstars, the famous accelerator program bought Up Global, organization behind Startup Saturday and other events.

My Take: I consider it as a smart move and it adds enough artillery in Techstars  to take on likes of 500 Startups who been creating enough buzz across globe.

2. Intel buying Recon.

My take: We are already in age of wearable technology and Intel being the leading chip maker. They bought Recon because they want to continue innovating in the technology and coming up with something disruptive. 

3. Twitter buying Whetlab

My take: Twitter has so much of data, if they build some product around it with all machine learning added. It might just turn out to be a good revenue model for them, we all know they are struggling currently.

Let’s look at the funding scene for this week

1. Namely raising series C

My Take: HR automation platform will always be here and Namely has a great team and solid customers. I won`t be surprised to see them acquired by salesforce or going public in couple of years.

2. Another set of storage startups getting funded.

My Take: Cohesity and minio both are out of stealth with some funding. I don`t know how/what/where Cohesity will head considering the market already being super crowded.  I am happy to see AB back in action with minio after selling Gluster to Red Hat. 

3. Data cleansing startup Tamr getting funded.

My Take: We are living in the age of communication and every single device is transmitting data from smartphone to iot sensors to health tracker to smart watch. A product like Tamr can become good source for analytics company.

You can find much shorter version with all announcement post from various news sources on my Medium post

Happy Sunday!!

 

Posted in startups, Technology | Tagged , , , , , | Leave a comment

Interesting Reads #38 #Startups #Technology #Life

The Creator of Linux on the Future Without Him
Linus Torvalds, talks about Linux operating system. Its present, past and future.

A New Theory of Distraction
A post talking about what is happening to all of us in age of social media storm.

Bitcoin Has Failed
Other side of Bitcoin, if you are following crypto currency you should read this post to know about the other side of story.

Why I Defaulted on My Student Loans
Everyone is aware about Americas Education Bubble, read story of one defaulter.

The Pursuit of Unicorns Is Ripping the Soul Out Of Entrepreneurship
Interesting post around Unicorn BS filled with good suggestions.

What Happens When You Don’t Care
Another informative piece from James Altucher about Life. Excellent Read.

dt150618

Posted in startups, Technology | Tagged , | Leave a comment

My prejudice towards Buzzfeed

buzzfeed_mixup

BuzzFeed is known for pulling story from Tumblr, Reddit, Twitter, imgur, Facebook, Whatsapp [YEP] and making it CLICKBAIT/LINKBAIT. Every entity has revenue model & this works best for BuzzFeed.  One of my friend wrote a nice post Quantifying the Clickbait and Linkbait in BuzzFeed Article Titles

It was my prejudice that did me wrong at the time: https://twitter.com/ponnappa/status/611811575268163584

However, I decided to visit the site to find if they are now in fact producing original content. But I found otherwise [30 mins task, because I follow r/india & Quora]. Check out the stories along with original sources and how BuzzFeed made story out of it.

1.  About scoring 33% in exam.

There was a discussion thread on /r/india about the a kid scoring 33% in all his papers, we all laughed commented after seeing the poster and BuzzFeed copied it happily from there making story out of it.

2. On flipkart fake discount.

A user on r/india posted a picture of how one of the seller on Flipkart inflated the price and made fool of buyers by giving discount. The complete discussion thread is here and there we have BuzzFeed again making story of the same.

3. Picking popular post from Facebook & making it Clickbait.

One of the most popular post on Facebook was how outsiders think about India, it was posted on https://www.facebook.com/thenonsensestate and this is how BuzzFeed made story out of it. They had no option but to give credit to original poster.

4. Destinations in India that look like Europe

There was this interesting thread on quora where users were discussing about good Indian destination that look like Europe and then you have post on BuzzFeed about same

5. Indian Army dogs are killed after retirement.

We all know it was all over social media and then Indiatimes folks wrote detailed story about it followed by super creative writer from BuzzFeed making story about same.

6. Artist in Bangalore drawing crocodile on road to bring attention about potholes.

This discussion was started on r/india with a user sharing  story which was published on Indian Express It was all over social media and then our super journos from BuzzFeed wrote the same.

Incase you folks are wondering how am I so sure about this, well do check the date/time of original post & BuzzFeed one. 

One more thing, If Andreessen Horowitz has funded them  there must be some reason/value in it which certainly is not Journalism IMHO. They are definitely serving a specific set of people which is excellent and i have nothing against them.

Posted in India, Life, Random | Tagged , , | 2 Comments

Enterprise Announcements #3

This week was little cold and there was not much of the story around Enterprise funding or acquisition domain.

Some notable Highlights :

AppFormix Raises $7M Series A Round For Its Cloud Ops Service

QualMetrix Raises $5.0 Million in Series B Financing

Pivotal Buys Startup Quickstep to Accelerate Enterprise Analytics

Microsoft buys BlueStripe

You can find further details on my curated post on Medium.

Posted in startups, Technology | Tagged | Leave a comment

Startup Announcements #16

This week again we saw most of the funding in e-commerce & hyperlocal delivery space besides few acquisition.

Some highlights : 

Food delivery start-up Swiggy raises $16.5 mn

Personalised fashion e-commerce aggregator Voonik raises $5M from Sequoia & Seedfund

BigBasket buys Delyver, intensifies competition in the hyperlocal delivery space

Housing Confirms Acquisition Of RealityBI For Rs 10cr

Last Mile Logistic Solution Startup LetsTransport Acquires Bangalore Based Shifter

You can find further details on my curated post on Medium 

 

Posted in India, startups | Tagged , , | Leave a comment