Indian startup Vidooly has raised a Series C funding of Rs 15.08 crore led by Alibaba (Netherlands) BV and existing investor Times Internet. It’s being reported that Alibaba put in Rs 14.3 crore while the remaining Rs 71 lakh came from Times Internet. Noida-based Vidooly was launched in November 2014 and provides an online video intelligence software platform that allows companies to drive more engagement for video content.
New fund for logistics startups
In the recently drafted National Logistics Policy 2018, the Department of Commerce’s logistics division has suggested setting up a startup acceleration fund. The acceleration fund will be incubating startups in the logistics sector. It will help them adopt newer technologies faster, and promote innovative practices that can help reduce costs and turnaround times. The government will be emphasise on incentivising new technology in the farm-to-plate space.
Country Delight raises funds
Venture capital firm Matrix Partners announced an investment of Rs 70 crore in premium fresh milk brand Country Delight. The round also saw participation from existing investors Orios Venture Partners. Delhi-based Country Delight, founded by Chakradhar Gade and Nitin Kaushal in 2015, plans on utilising the funds to scale its operations nationally. The company is also entering other segments including yoghurt and paneer.
What's it like to be a new-age entrepreneur?
Puneet Kumar is your quintessential investor in technology-focused startups. Not only does he know what it’s like to be a new-age tech entrepreneur (and fail), but he is also passionate about helping entrepreneurs and working with them to carve out success stories. In conversation with YourStory, Puneet shares his insights on the Indian startup ecosystem, what keeps him excited about the space, and the ‘next big thing’ for startups and investors alike.
The evolution of the Founder-CEO
In this edition of the #InsightsPodcastSeries, the spotlight is on the evolving role of a Founder-CEO. Elad Gill, who is a serial entrepreneur, investor, and author, talks about the importance of the Founder-CEO, and the vision and entrepreneurial spirit that they bring to the table. He also goes into greater detail about the evolving role of the CEO. Until very recently, the Founder was the CEO only until they could get the company off the ground. But with Mark Zuckerberg successfully changing this norm, the focus has undoubtedly shifted, sparking a new line of conversation.