Monday, 4 January 2016

2015 Startup Investment

Last year we have witnessed several changes in startups industry. Their growth, strategies and above all their funding. Curious to know which company got highest funding? Obviously everyone would love to. Lyft has topped the list with $247.70 M investment.

More investment details are here. Please help your self :)

Sunday, 3 January 2016

Son is richer than father:Miracle can happen in Bihar

In recent details shared by Bihar Chief Minister Nitish Kumar about his assets, his son Nishant is approx 4 times richer than him. CM's current assets are worth around ₹60 lakh, while son hold assets around ₹2 crore. Mr. Kumar's asset also includes six cows and two calves.

Varun Khurana, Grofers Chief Technology Officer ends the show

Chief technology officer of Grofers India, Varun Khurana, has decided to move on
with the hyperlocal grocery and fresh food delivery startup in less than a year. He was owning and operating the on-demand delivery app Grofers.

An IIT Delhi Alumni,  Khurana, spent a very little time with Gurgaon-based company, which is backed by investors like Japanese telecom, media and internet giant SoftBank, Lee Fixel-led Tiger Global and Sequoia Capital, among others.

News about the move has been confirmed by Grofers chief executive Albinder Dhindsa, but declined to share further information. Varun, too, was not reachable for his comments.

According to Albinder, Khurana will serve his notice period, which ends at the end of the current month.

We have seen several ups and downs in last year in Indian startup industry, in terms of talent acquisition as well as retention. In this race best talents has been attracted by country's biggest, and most highly-valued startups, such as Flipkart, Snapdeal and Paytm, as these organizations are bulking up their senior leadership ranks, there have also been some notable resignations.

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