Last week (19th May - 24th May) will go down in the history of Indian startup ecosystem as the one to witness the
largest ecommerce (India) deal of all time times taking place. The poster boys of Indian ecommerce industry, Sachin-Binny Bansal welcomed the third Bansal (Mukesh Bansal, Founder - Myntra) to lead their fashion business. While there were some interesting facts to be noted down about the deal, there was a deluge of opinion from the VCs and industry influencers sharing their thoughts on the historic acquisition.
We have brought back the '
Awesome Startup Employee' series. Following the drones delivery stories, here's one restaurant in Mumbai which decided to start . Two inspiring stories featuring a Pizza delivery through drones and a college dropout who went on becoming a tech millionaire taught us how important is it to believe in what you're doing and ignore the rest. For those who seek more inspiration, here's the list of school dropout who built world's first android smart-watch which was announced last week only featuring some crazy minds bring about the much needed change in the world. TEDGlobal 2014 speakers
Though most of the startups are getting acquired outside India, there are some cutting edge tech innovations taking place here as well. A group of individuals in Bangalore have built
world's first automatic table-top dosa making machine.
Overall, here's the weekly roundup of our top stories.
The Flipkart-Myntra Acquisition Quick fact file of Myntra-Flipkart deal The making of Mukesh Bansal; Myntra’s early investor Vani Kola, MD, Kalaari Capital shares Did you read between the lines of Flipkart and Myntra deal? Entrepreneurs don’t miss this Everything you wanted to know about the Flipkart-Myntra deal
Startup Stories Wassup: disrupting the laundry market with its on-demand service To Haggle or not, is not the question anymore Thinking of Inking? Head to InkOverMatter DoctorsCabin bets on telemedicine to make a mark in the $158 billion Indian healthcare market BeaglesLoft thinking out of the box for Indian startups 34k+ active users and 20 offline meetups; what is working for cricket strategy game Hitwicket? Ex-Kotak Mahindra MD bids to capture the billion dollar beauty and wellness market with Nykaa Driven by passion, two friends created 8 Crs business within 5 years from Vadodara: the Brewberrys story Made in India, the world’s first automatic tabletop dosa-making machine – DosaMatic Narayana Murthy backed Paper Boat is giving traditional Indian beverages a makeover Buy health and green with Shweta Foulger and Rashi Goel: The Green Ok Please story IIT, Wharton, UCLA grads aim to transform education with SlideRule Gyanfinder makes learning social; targets 1 Cr revenues in 2014 Hyderabad-based HeartandSoul.co.in tames the tough sorghum for healthy snacks Going nuts for hazelnuts – 3 lessons startups can pick from the Nutella story Bringing Cloud, Wearables and Healthcare together – Helfis
Inspiration and In-depth interviews Siddhant Vats, the 19- yr- old high school dropout from Patna has built world’s first Android smart-watch company How a Farmer’s son and College-dropout became a Tech Millionaire How Divine Raaga is showing the way forward for emerging music bands in India Karishma Mehta, the face behind Humans of Bombay Today everyone is a photographer but to be successful you need to push the limits: Diinesh Kumble In conversation with Igor Shoifot – Serial entrepreneur, Investor and Lecturer at UC Berkeley From a disgruntled customer to an awesome employee: Vrinda Pandey of Mast Kalandar [Awesome Startup Employee] [Techie Tuesdays] Ankit Daftery: coder, hardware hacker and photographer, all rolled in one
News- Funding, M&A, Announcements, Product launches and more from India Grocery and veggies e-tailer LocalBanya processes 600 orders daily, to raise $5M soon Chennai-based Demach Software wins $125,000 at the QPrize 2014 India regional finals Exclusive: Filmysphere raises $100K from US investor, launches talent marketplace Talentsphere Microsoft Ventures in India graduates 17 tech startups from Accelerator program in its fourth batch Unitus Seed Fund invests in Jiffstore, an mCommerce startup targeting 1.5 crore kirana shops Facebook pages introduce Restaurant Menus How popular are you in your network? New LinkedIn feature will tell you Snapdeal raises $100 million more from global investors, valued at $1 billion Indian Mobile Commerce startup ‘MartMobi’ shortlisted for TechStars Chicago Accelerator VentureNursery announces batch-5 startups, FindUrClass and HotelsAroundYou short-listed from 550+ applications Matrix Partners India invests in Bangalore based Chumbak Indian School of Business, Hyderabad launches DLabs – a design led accelerator focused on healthcare HappyFox launches HelpStack – an open source customer support tool for iOS developers Francesco Pizzeria in Mumbai successfully tests Pizza delivery by drones
International News and Stories 40 change makers who’ll share their inspiring stories at TEDGlobal 2014 Dropbox makes an acquisition in the photo space, buys Bubbli Jumia Nigeria launches an academy to turbo-charge entrepreneurship in Africa: is it an answer to critics? Hong Kong based startup 8 Securities launches in Japan; raising $5 million and China expansion next steps YouTube is reportedly acquiring San Francisco-based Twitch for a whopping $1 billion Twitter is reportedly acquiring SoundCloud ! MMA Forum: mobile startups bring the creative edge to marketing agencies and brands
Resources What Makes a Great Instant Messenger? First-Time Leader: how startup founders can inspire and enable their new team All-time essentials for entrepreneurs: 100 tips, 100 quotes Lessons from the AAP story – why just good intentions are not enough The Lean Entrepreneur: how to create new products and innovate with new ventures Why your startup needs a mentor? The Benefits of Joining a Startup Accelerator: An Interview with Saif Akhtar Regalix Report: B2B Marketing Automation sees an upswing Basic Digital Media Marketing terminologies which you should know
Which one was your favorite story of the week and why? Comment below and let us know.