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Design Cafe raises Rs 200 Cr; GST rate may be standardised

Team YS
25th Dec 2018
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Bengaluru-based home interiors startup Design Cafe raised Series B funding of Rs 200 crore led by private equity firm WestBridge Capital along with existing investor Fireside Ventures. The startup plans to use this fund to expand its operations in six cities including Mumbai, Delhi-NCR and Hyderabad.

design cafe
Shezaan Bhojani and Gita Ramanan, Co-founders of Design Cafe

In a report by Trust Research Advisory, Samsung Mobile emerged as India’s most trusted brand, closely followed by Tata Motors. Apple was at number 3 despite its declining market share, especially in the smartphone segment. Telecom service provider Reliance Jio and automobile manufacturer Maruti Suzuki were fourth and fifth, respectively.


With just a few days left until the year-end, some new tax-related changes are being put in place for Indians. Finance Minister Arun Jaitley hinted that a standard GST rate may emerge by merging the 12 and 18 percent slabs for commonly used goods.

Finance Minister Arun Jaitley, Source- India Today

Dream big and aim even bigger – this has been the mantra for 2018, a year best defined as a sum total of ups and downs. Despite all the hardships, though, one thing that has served as a constant source of inspiration is the success stories – or simply the stories of ceaseless grit and courage – of some of the startups and entrepreneurs. We list our Top 20 startups of 2018.


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