November 25, 2015 - Ratan Tata invests in Chennai-based big data startup Crayon Data

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Blog Sree Vijaykumar From the Editor's Desk At a panel discussion on fundraising at an event yesterday, one of the questions asked was if bigger Indian startups acquiring smaller Indian startups was a viable exit option for investors of the smaller Indian startups. Unlike Silicon Valley, where Google, Oracle, Apple, etc are known to gobble up several startups every year, the bigger Indian startups themselves are well 'startups', with no clear path to profitability. They themselves are reliant on future fund-raising from the big VCs and international hedge funds (whose priorities could change if the reign of cheap money in the US ends) for their own survival, so unlikely to be a sustainable exit option for the smaller guys - Comment Digital Ratan Tata invests in Chennai-based big data startup Crayon Data Tata Sons' chairman emeritus Ratan Tata has made an undisclosed personal investment in Jungle Ventures-backed Crayon Data, a Chennai- and Singapore-based big data analytics startup.   Caught up in Social Media clutter? Coming Soon All Signal, No Noise!   Advt: Get qualified leads for your business TradeBriefs introduces automated mobile number verification, progressive qualification and other API-based verification. Save time and money! Digital IRCTC ties up with Foodpanda for meals delivery at railway stations Soon, you would be able to use Foodpanda’s service to order meals from your favourite restaurant while waiting to board a long-distance train.   Digital Gurgaon-based online payment startup PayU India claims 1,00,000 merchants on its PayUMoney network Gurgaon-based PayU India Internet Pvt Ltd, which offers an online payment solution for individuals and businesses under PayUMoney, claims the number of merchants on its network has crossed the 1,00,000 milestone.   Digital Indian smartphone market spurred by affordable 4G-enabled devices: IDC Digital E-grocery market in India: Investments, roadblocks, competition and more The year 2015 started with a plethora of investments happening in the ‘hyper local’ space, be it food delivery, home services … Retail e-lala to take on e-tailers like Snapdeal, Flipkart, Amazon Supported by around 5.5 crore small traders with brick-and-mortar stores, e-lala aims to be a disruptor in the country's booming e-commerce space. Retail Grocery eCommerce Scenario in India: Challenges, Competition & Threats Where does the online grocery ecosystem stand. Leaders in the space speak their mind. Retail India's luxury brand market to be driven by tier 2, 3 cities: Report "Despite low engagement and outreach by luxury brands, sales through references in tier 2 tier 3 cities are twice as much as those in the metros." Retail Stevia nod is relief for Coke, Pepsi Moreover, the approval of stevia, a plant-based extract, could also open the floodgates for many new products to enter the domestic market, as globall.. Telecom Free Basics app available on RCom across India: Zuckerberg Facebook has expanded its controversial 'Free Basics' initiative across the country to offer basic Internet access with its telecom partner Reliance Communications (RCom). Telecom We are trying to rapidly transform our 4G smartphone portfolio: Vineet Taneja Interview with CEO, Micromax Telecom Idea buys spectrum from Videocon for Rs3,310 crore Idea Cellular Ltd,India's third-biggest mobile phone operator, has agreed to buyradio airwaves in two services areas from smaller rival VideoconTelecommunications for 33.10 billion rupees ($499 million) toboost its high-speed data services. Telecom Samsung leads India's 4G market; Micromax, Intex and Lenovo follow The 4G-enabled devices witnessed almost a three-fold increase in unit shipments over the April-June period of this year. Finance From hardware research engineer to cricketer, the banker to beat Srinivasan has aced many roles he has played over the years — bond trader, corporate banker, even a cricketer once. And it is a career that still has a long way to go. Finance Central bank’s hands are tied With inflation expected to settle within 5.5-6% next year, the room to lower benchmark rates is limited Finance Three firms to launch IPOs in December to raise over Rs2,500 crore Alkem looks to raise up to Rs1,500 crore, Narayana Hrudayalaya aims to raise Rs700-800 crore and Dr. Lal Pathlabs aims to raise Rs600-700 crore Finance The bond market isn’t worried about the 7th Pay Commission impact The yield on the 10-year benchmark government security has gained a measly 3 basis points since the panel’s recommendations were made public Software With heavy Chennai rains, tech firms like IBM, Cognizant, Infosys enforce contingency plans and relocate key staff More unusually, especially in an otherwise parched Chennai, companies had to set up makeshift camps in their offices with mattresses and temporary shower stalls. Software World's No. 2 contract manufacturer Wistron enters into joint venture with Optiemus Infracom to invest Rs 1,320 crore in India Optiemus Infracom, the smartphone distribution firm, has entered into a joint venture with Taiwan-based Wistron, the worlds second largest contract manufacturer. Software Facebook expands its controversial 'Free Basics' initiative pan-India with RCom Facebook has expanded its controversial 'Free Basics' initiative across the country to offer basic Internet access with its telecom partner RCom. Software Former White House director Carol M Browner resigns from Infosys board Former White House director Carol M Browner has resigned from the board of Indias second largest software exporter Infosys with immediate effect. Ecommerce CAIT launches e-lala.biz, enters ecommerce space At the portal’s launch in the national capital on Monday, Union Minister M Venkaiah Naidu said it is a step towards the government’s “Digital In.. Ecommerce Paytm ropes in Myntra's Abhishek Rajan to head travel unit Rajan, an IIM- Ahmedabad alum, and who, till recently, led Flipkart-owned Myntra’s mobile business, will join Paytm as vice president this week itse.. Ecommerce PayUMoney increases number of its merchant customers to more than 1 lakh The Gurgaon-based company, which is adding another 8,000 transacting merchants this month, has also seen its wallet customers increase to 7.5 million .. Ecommerce FirstHandle looks to expand into top eight cities FirstHandle, is looking to establish presence in top eight cities in the next year and is targeting over five lakh customers in six months. Franchise Franchisee Journey: From refinishing furniture as a hobby to remodeling kitchens as a franchisee For 22 years, Stu Reid has remodeled everything from kitchens and bathrooms to the interior of a private jet. Franchise Why you should assist your franchisees to increase the value of their businesses with a Strategic Planning Process September 2008 Franchising World The strategic-planning process offers a stronger approach to running the business by the numbers. By Steve White “What is the strategic plan for growing the business?” Now there’s a question that can derail a Discovery Day. HR IIT boy from Pune lands Rs 2-crore dream job in Google IIT Boy Bags Rs.2 Cr Dream Job in Google - BENGALURU: Abhishek Pant, a final year computer science student of Indian Institute of Technology (IIT) Kharagpur, got a job in Google Inc... HR Your Best Stories of Leaving Nightmare IT Jobs We asked Gizmodo readers about exiting an awful IT job. Whether you quit in a blaze of glory or were laid off in ridiculous circumstances, these are your HR All In: Why Nikesh Arora Bet $483 Million on SoftBank's Future It’s a fall evening in Tokyo, and Nikesh Arora is supposed to be in two places at once. HR America's sentiment towards the jobs market has turned Americans are losing faith in the job market.The Conference Board's consumer confidence index for November unexpectedly fell to 90.4. Economists had estimated Logistics Discounts received during buying aircraft come under the tax scanner The Commissioner of Income Tax (Appeals), a quasi-judicial appellate authority, has asked the Central Board of Direct Taxes to look at treating discounts received by Indian airlines on purchase of aircraft as commission while computing their taxable income, a move that could further hurt an industry that has just started to come out of troubled times.   Logistics Winter Session: Arun Jaitley reaches out to Opposition on GST at India-Singapore Convention Willing to talk changes but cautions against some Cong suggestions: ‘flawed architecture can damage’. 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Construction Government considering tax incentives in a bid to make 'Housing for All' a reality The tax incentives, which could be announced in the Union Budget, would aim at promoting investments in rental housing by institutional players Construction Southern real estate market shows signs of weakness; total revenues booked by realtors fell by 10% In the September quarter, total revenues booked by these realtors fell 10 per cent from the preceding quarter as well from the year-ago period. Construction Property advisory firm HDFC Realty receives bids worth Rs 155 crore under its multi-property online auction HDFC Realty has received bids worth Rs 155 crore under its multi-property online auction of ready-to-move in apartments in 8 residential projects. Construction SBI Life Insurance Company buys Rs 140 crore office space in Navi Mumbai In the largest commercial space transaction in Navi Mumbai, SBI Life Insurance Company has bought 1.30 lakh sq ft office space from L&T Realty. Marketing Inside The Digital Strategy Of Urban Ladder, Fab Furnish And Pepperfry During This Diwali : Report Like most Indians, I wished to buy some new furniture this Diwali. My search moved from online to offline comparing products across multiple sites to talking to local furniture shops if they could des Marketing Hyundai Creta receives handsome market response : in India and worldwide Since the Creta's launch on July 23, Hyundai Motor India has received more than 70,000 bookings and 340,000 enquiries from the domestic market for the compact SUV.... Marketing ​India gains top spot in mobile-advertising revenue and traffic in APAC region : Report India, which is the world's fastest-growing smartphone market, is also leading the Asia Pacific (APAC) region when it comes to mobile-advertising revenue Marketing Target’s Big Digital Holiday Campaign, Snapchat Taps User-Generated Content 1. Target's Big Digital Holiday Campaign Combines Snapchat, Facebook and Instagram: Target is bringing out all the digital (jingle) bells and whistles this year for its holiday campaign, which plays o Politics BJP confronts Gandhis ahead of the Monsoon Session of the Parliament BJP has launched an all-out offensive against the Congress party, in a potentially dangerous game of brinkmanship that risks turning the next parliamentary session into a prolonged slanging match. Politics With Tejashwi and Tej Pratap, Lalu has strengthened his dynasty in Bihar In the euphoric press conference soon after BJP was trounced in Bihar, Lalu Prasad Yadav said “it was neither JD(U) government nor RJD government. It is a 'Mahagatbandhan sarkar'. Soon after the cabinet was sworn on Friday, there is room for some ambiguity, for it could be a Nitish Kumar Government with Lalu Yadav, via his two sons, trying to wrest at least half control, if not more, of the arrangement. 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Sports Playo is making sports fun Playo is a sports community app that connects amateur athletes, venues, and vendors, reports Tech in Asia Sports What Is Your Dream Sports Gift? Sports R Ashwin relying on his natural bowling action, stock ball: Virat Kohli R Ashwin has already taken 12 wickets in the two Tests of this four-match series against South Africa. Entertainment Only Anurag Kashyap can give Indian twist to ‘Game Of Thrones’: Vikas Bahl Vikas Bahl says Anurag Kashyap is the only one who can create an Indian version of "Game Of Thrones". Entertainment ‘Airlift’ can’t be compared to ‘Argo’: Akshay Kumar Akshay Kumar says "Airlift" can't be compared to Hollywood star Ben Affleck's Oscar-winning film "Argo". Entertainment Plea seeks ban on ‘Bajirao Mastani’ for ‘distorting’ history The petition, filed on Monday (November 24), alleged that historical facts had been wrongly portrayed in "Bajirao Mastani" while showing late king Bajirao Peshwe and his wives Kashibai and Mastani. Entertainment ‘The Hunger Games’ cast shot inside a sewer for three weeks The actors of 'The Hunger Games' recently had to shoot for one of the sequences in a sewer. TradeBriefs Publications are read by over 10,00,000 Industry Executives 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