Did you read about the Flipkart-Myntra acquisition and other top stories of the week?

By Alok Soni|25th May 2014
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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 Pizza delivery through drones. Two inspiring stories featuring a college dropout who went on becoming a tech millionaire and a school dropout who built world's first android smart-watch 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 TEDGlobal 2014 speakers which was announced last week only featuring some crazy minds bring about the much needed change in the world.


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



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.

Want to make your startup journey smooth? YS Education brings a comprehensive Funding Course, where you also get a chance to pitch your business plan to top investors. Click here to know more.

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