June 29, 2015 - VC funding into Indian startups so far totals Rs 15,600 crore; surpasses inflow in all of 2014

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Digital VC funding into Indian startups so far totals Rs 15,600 crore; surpasses inflow in all of 2014 Venture capital investors funnelled Rs 15,600 crore, or $2.46 billion, into Indian startups this year till June 26, compared with Rs 14,850 crore, or $2.34 billion, in 2014. Digital Chapter close? Wall Street Journal to shut down its India edition Wall Street Journal to Close India Edition , The publisher is already in the process of shutting down operations in Bangalore (Bengaluru) while downsizing its Delhi operations is also underway. ... While WSJ looks to exit India, many other international digital news publishers have forayed into Digital Q1 2015: India outpaces China with 69 VC-backed tech deals As internet penetration in India grows, technology startups are gaining popularity among investors who are channeling funds into the country like never before Digital Funding Update [June 22-27]: 18 startups raised more than $46 million in funding; 4 acquisitions took place This week 18 startups raised more than $46 Mn in funding altogether and 4 acquisitions took place. Retail Bansal says Flipkart could achieve about Rs 75,000 crore in gross merchandise value (GMV), Kishore Biyani says actual sales is about a fourth of GMV While GMV figures are ostensibly seen as a justification for high valuations, it may not be the number that canny investors necessarily look for first. Retail Kishore Biyani's Rs 1-lakh crore revenue target is ambitious but achievable Biyani has also kept his ambitions higher than the growth of Indian modern trade Retail How Instagram is killing retail as we know it Michael Kors on InstagramInstagram gives shoppers access to the most up-to-date fashions, helping retailers like Forever 21.Once-iconic American retailers Retail Transaction service provider Payworld eyes fivefold rise in revenues to Rs 10,000 crore by 2018 by strengthening retail outlets, expanding customer base Transaction service provider Payworld is eyeing fivefold rise in revenues in the country to Rs 10,000 crore by 2018 by strengthening retail outlets. Telecom Digital India: Investments worth billions of dollars likely to be announced soon The government is expecting investments to the tune of billions of dollars during the Digital India week, which will be inaugurated by Prime Minister Narendra Modi on July 1. Telecom Payments firm eyes telecom sector for e-KYC offering Payments services major Suvidha Infoserve has proposed paperless e-KYC service for the telecom sector to check the menace of illegal SIM cards Telecom Bharti Likely to Start Making Set Top Boxes in India: Report A company under Sunil Bharti Mittal-led Bharti Enterprises is likely to make set-top boxes in partnership with an electronics manufacturer in the country. "Bharti is planning to make set-top boxes (STBs) in Pune in partnership with an Telecom Chhattisgarh consumer forum issues arrest warrant against Micromax CEO A district Consumer Dispute Redressal forum in Chhattisgarh has issued an arrest warrant against Vineet Taneja, chief executive officer of Micromax Informatics Limited. Finance HDFC Bank breaches RBI limits on loans to Reliance Industries However, lender says it has acted totally within regulations; says its board of directors okayed 'the said excess in respect of this exposure' Finance Indiabulls to launch PE funds to tap opportunities in realty space Indiabulls AMC, a subsidiary of Indiabulls Housing Finance, is set to launch a series of private equity funds to tap the investment opportunity in the Indian real estate space Finance United Bank tops list with highest bad loans among PSU lenders The rising bad loans have been a major concern for RBI and the government Finance Rajan did not imply world economy slipping into new Great Depression, RBI clarifies The RBI on Sunday said governor Raghuram Rajan did not imply there being an imminent risk of the world economy slipping again into the Great Depression as that was caused by "many factors". Food/FMCG Ramdev turns his Ayurved enterprise into an FMCG empire Patanjali Ayurved reported profit after tax of Rs 316 cr in FY15, which brings it close to the ranks of Marico and Emami Food/FMCG Vini Cosmetics, maker of Fogg clocks Rs 500 crore in sales and is set to 'deliver much more' The maker of Fogg deodorants crossed Rs 500 crore in turnover in FY15, a 10-fold increase since the company started four years ago. Food/FMCG Commerce Ministry panel to suggest ways to protect coffee from pests The Commerce Ministry has formed a committee that will suggest ways to effectively deal with 'stem borer' pests in coffee plantations Software Mid-tier outsourcing firms face struggle due to lack of IP-led products and failure to train workers in new technologies Concerns stem from mid-tier outsourcing firms' lack of IP-led product offerings, failure to train workers in new technologies and inability to enter new geographies Software BPO firms shifting focus beyond metros and looking to take services to smaller cities BPO firms, such as Aegis, Hinduja Global Solutions and RuralShores, are moving to small towns to meet growing demand for outsourcing, customer care services and job creation Software What does Accenture's performance mean for Indian IT stocks? For quite some time, the performance of Accenture and its India-based competitors has been divergent Software PM Modi to launch a week long 'Digital India' programme on July 1 : May see billions of dollars in investment Prime Minister Narendra Modi will launch the ambitious `Digital India programme on July 1 with top industrialists like Mukesh Ambani, Cyrus Mistry and Azim Premji in attendance. Ecommerce Bengaluru-based yoga wear startup Proyog to make its products available across India on online retailer Myntra by August first week Bengaluru-based yoga wear startup Proyog today said its products will be available across India on online retailer Myntra by August first week. Ecommerce On-demand driver service to rival Ola, Uber launched in Bengaluru this month; plans to have 1,000 drivers in the city by December Humble Mobile Solutions, which owns DriveU, launched its mobile app in Bengaluru this month with 50 drivers and plans to have 1,000 drivers in the city by December Ecommerce UrbanClap raises Rs 64 crore, plans to invest in building technology and expanding to 15 cities The Gurgaon-based company plans to invest the money in building its technology, hiring and expanding to at least 15 cities this year... Franchise Franchise Sales: Sifting out the gold from the rocks - Franchise Times If you really want to see your salesperson's eyes light up, start talking about referrals. Referrals constitute that wonderful vein of leads that have some of the highest close rates in the industry. From a salesperson's perspective, referrals almost always have a greater level of interest than other prospects. Franchise Franchisee Journey: From father-son duo to award-winning franchisee partners - Entrepreneur Dave and Jerry Kahn have one of the oldest PostNet franchises, having opened 23 years ago. Dave, the father is moving into retirement and his son Jerry, who's now the general manager, will take over the business. That's what they had planned all along and they're thankful PostNet has allowed them to create a legacy. Franchise Franchisor Zone: Some insight into the growth of new franchise systems - Franchise Know How When starting new franchise operation there is no guarantee of success, however, research into franchise start-ups indicates that the successful franchises share similar qualities. Franchise Tips for franchisee successful from an award winner - Franchise Business Jim Hawley, a franchisee with Car Care in Fremantle says, "I picked Car Care because you can work on your own, but you can also integrate with a group of other franchisees so you can use each other's knowledge to help you grow and go further." HR Indian Employees Most Engaged Among Global Peers: Report Employees in India are most engaged as compared to their global counterparts and are willing to put in extra hours without more pay to complete a task HR Almost 70% debt of large companies may be vulnerable: Naresh Takkar, CEO, ICRA Group Naresh Takkar, CEO of ICRA Group, the Indian unit of Moodys, in an interview with ET, says the problems ailing corporates and banking system are of their own making. HR Deutsche Bank co-CEO Anshu Jain accused of misleading Bundesbank The German regulator has been investigating Deutsche Bank and the role it played during the financial crisis when a global inter-bank lending rate mechanism was being manipulated. HR Inside Track by Comi Kapoor Close observers have noticed some minor changes in Rahul Gandhi's behaviour. He no longer rolls up his sleeves. He refrains from addressing everybody as bhaiya and is delivering his speeches at a slower pace than before Logistics Mahindra & Mahindra group bets big on agri sector; wants to scale up its current 150 cr seed, dairy, irrigation and crop care verticals The Mumbai-based group is keeping options open for acquisitions in the range of Rs 100-150 crore in seeds, dairy, irrigation and crop care... Logistics 'Mera Gaon Gajmag Gaon' to be launched in Haryana: New scheme for supplying uninterrupted power to rural areas The Haryana government today said it will launch "Mhara Gaon-Jagmag Gaon" scheme, aimed at supplying uninterrupted power to rural consumers besides strengthening distribution network and realising outstanding payments. According to the scheme, to Logistics Indian Railways inks deal with UNESCO for revival of Bandra station The tag of œworld heritage site for Chhatrapati Shivaji Terminus (CST) has gone on the ... Logistics E-business boom reshapes powerloom town of Bhiwandi; becomes a hub for E comm and logistics If you live in Mumbai and have shopped online, you could not have missed the references to "Bhiwandi sorting hub" while tracking your order. Construction Slum rehab scheme turns out to be gold mine for builders in Mumbai Slum enclaves in prime localities of the city have turned out to be gold mines for private developers. Construction HDFC Chairman Deepak Parekh advice to realtors is get the pricing right Asks developers to shift focus away from high-end luxury housing and said the real demand is in the affordable housing segment Construction NH-1, where construction is a never-ending business because of too many accidents Chandigarh Tribune NH-1, where construction is a never-ending businessChandigarh TribuneMost of the accidents take place near Indri bus stand at Naurta village on the Karnal-Indri road near Baldi bypass; Chirao mor; Jarifabad mor near Jabala village; Kachwa mor; near Kohand village; Kaimla mor; Khorakehri road near Gharaunda; Kutana chowk Construction NCR realtors stay away from flash sales Indian Realty Flash Sale (IRFS), the country's first ever realty flash sale, hosted between June 26-28 by a major real estate portal, drew to a close on Sunday, with minimal response from NCR real estate players. Marketing How global exchange rates impact advertisers : Apps without borders Guest With international currency exchange rates fluctuating, geotargeting can help app developers discover and focus on the most profitable markets. Marketing Net neutrality report to be out quickly : Ravi Shankar Prasad NEW DELHI: Telecom minister Ravi Shankar Prasad has stated that the federal government will quickly come out with its report on the controversial problem o Marketing Things I've learned running an online news media business : MediaNama turns 7 MediaNama turns seven today, and our seventh year has possibly been the most important in our history: the work we have done over the six years that preceded Marketing The marketing industry has started using neuroscience : but the results are more glitter than gold The marketing industry has started using neuroscience, but the results are more glitter than gold Politics BJP will from majority government in Bihar, says Rudy Politics LaMo praises NaMo: In a tweet, Lalit Modi reaches out to mend fences with PM Modi The man who is instrumental in inviting the wrath of the opposition on the BJP and its leader Narendra Modi now appears to be seeking to make amends, after the party said it would seek an interpol 'red corner notice' against him. Politics Sri Lanka's war widows pin hopes on new president Politics NDA's problem in Bihar: 11 CM candidates to chose from, not even one safe bet The NDA has to get the 'Lalit Modi Gate' out of its way before it prepares for the battle. Sports Saina Nehwal outpaces Sania Mirza Mary Kom in top female sports endorser ... The two-year deal makes Nehwal — the world No. 2 in womens singles — the highest paid female sports endorser in the country. Sports Jwala Gutta-Ashwini Ponnappa defeat Dutch top seeds to win Canada Open This was Jwala and Ashwini's first title since their reunion after the 2012 London Olympics. Sports MS Dhoni, Virat Kohli among other senior players likely to be rested for Zimbabwe tour Suresh Raina led the 15-man Indian squad when the Men in Blue toured Zimbabwe in 2010. Sports Copa America: Brazil eliminated after going down to Paraguay in penalties It was the 2nd consecutive time that Paraguay eliminated Brazil on penalties in the QFs of the South American tournament. Entertainment Bollywood's promising stars to watch out for Remember how one film turned tables for Hrithik Roshan, Salman Khan, Aamir Khan and made them stars overnight? Well, in Bollywood it just takes one miracle to bring all, from money, to fame, to stardom. There are some really promising stars in the industry today, who have proved their worth and are now on the road to the top slot. Be it Heropanti actress Kriti Sanon or the lesser known Pooja Hegde, read on to know why these actors look promising. Entertainment Aishwarya Rai Bachchan starrer 'Jazbaa' trailer to be out on Independence Day The trailer of Aishwarya Rai Bachchan starrer 'Jazbaa' will be launched on August 15. Entertainment Twitter troll rubs Karan Johar the wrong way Karan Johar was left fuming after being mocked on the social media about his sexuality. Entertainment Amitabh Bachchan lauds Bengali film 'Bela Seshe: In The Autumn Of My Life' Amitabh Bachchan has heaped praise over Bengali film "Bela Seshe: In The Autumn Of My Life" for sketching simple truths of life and relationships on camera. TradeBriefs Publications are read by over 10,00,000 Industry Executives India Business Brief | India Retail News | India Food Brief | India Telecom Brief | India Finance Brief | India Software Brief | India Digital Brief | India Ecommerce Brief | India Franchise Brief | India HR Brief | India Logistics Brief | India Construction Brief About Us  |  Advertise Privacy Policy    Unsubscribe You are receiving this mail because of your subscription with TradeBriefs. Our mailing address is GF 25/39, West Patel Nagar, New Delhi 110008, India