Startups

Startups Activities on this circle.

Prior to the collapse of Sowood Capital (Boston-based investment company ) at the outset of the 2007 financial crisis, Divya conceived the idea for SumZero after realizing an opportunity to create a virtual community for_professional_investors_where_they_could_collaborate and share_investment_prop... read moreositions.

Ten years after Facebook, 31-year-old Divya Narendra came up with his latest startup – #SumZero ( a hedge fund) launched in March 2008.

** By 2012, SumZero - started to gain recognition within the investment community on the East Coast, prompting Divya to start working on the venture full-time. **

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Indian e-commerce posterboy Flipkart's value has dropped 27% after the Wall Street powerhouse Morgan Stanley marked down its investment in the eight year-old company. This comes amidst nervousness about steep valuations of several celebrated startups following a global markets rout.

Fli... read morepkart, which has a 45% share of Indian e-commerce market, is now worth a little over $11 billion down from $15.2 billion.

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#Anuradha_Bajpai and her husband_Manoj_Jindal had no clue that their lives were about to be changed when they paid a regular visit to a bookstore in_Bengaluru.

"We may not buy a book even after reading hundreds of online reviews because you don't know how many of those reviews are... read more genuine. But you'll go for a book if your friend, who has similar interests, recommends a book. This led us to launch a social networking platform where friends could discuss and recommend books," naming #WOODPIE.

But it was still tough on Anuradha. "I used to wake up at 4 am and modify the platform based on users' feedback. I had to run to our daughter whenever she woke up. We couldn't afford a maid and so I had to cook before Manoj left for office at 8 am. It would have been funny to see me standing in the kitchen, holding baby in one hand and coding with the other hand,"

Today, Woodpie has over 10,000 users from 321 Indian cities, 35 US cities and other countries in Europe, South America, Africa, Asia and Australia.

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Indian startups are challenging social media giants with networking sites focused on specific interests, from medical education to travel, fashion and marketing

For many of us, 'social media' means Facebook, Twitter or LinkedIn.
Well, think again. There are around 150 social medi... read morea startups in India, as per startup analytics firm Tracxn, with quirky names like:
Kulzy, Docplexus, Brigge, DIKY & Affimity - Most are niche sites, designed for those with specific interests.

" On Facebook, the content shared reaches only a particular group of people, but not to those who may actually be seeking that content. "

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Global computer giant Oracle on Friday announced that ' it will invest $400 million in a new state-of-the-art campus in Bengaluru over the next five years, apart from setting up nine incubation centres across the country and training more than five lakh students every year in computer science skills... read more. '

This was stated by Oracle CEO, Safra Catz at a select media roundtable. Earlier in the day, Catz met prime minister Narendra Modi.

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There are stories of successful women entrepreneurs emerging in India. There are several others wanting to start their own companies. They would find inspiring, these three women - Yosha Gupta, Trisha Roy, Rituparna Panda, who went to the U.S.A to find their dreams and ultimately vanquished the U... read more.S.A market.

Their success in creating a market in the USA and around the globe has helped them get noticed by 500-Startups, a California-based accelerator. In fact, these startups were handpicked by Dave McClure and his team as businesses that could go global.

** What do you think about women of India? **

From L to R: Yosha Gupta, Trisha Roy, Rituparna Panda

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