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Starups moving enmasse to Bangalore

Chalanachithram.com DB » New TF Industry Related » Archive through September 26, 2015 » Starups moving enmasse to Bangalore « Previous Next »
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Filmbuff
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Post Number: 7647
Registered: 11-2011
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Posted on Friday, September 25, 2015 - 06:47 am:       

"This is the personal web site of Sashi Reddi, an active angel investor interested in start-ups in India, the US, and the UK. In India I invest through a seed fund called SRI Capital.

Investment size ranges from $50,000 to $500,000 in the seed round for a significant minority stake in the company. I am happy to do follow-on investments to maintain my stake when the company has a successful Series A investment from a reputed VC or investor group."

Adhi matter...
 

Filmbuff
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Posted on Friday, September 25, 2015 - 06:46 am:       


Nenu:

NumberMall


Founder(s): Kiran Kumar Gali, Kishore Kumar Gali, Nirmala Jyothi

Founded In: February 2011

Funding: $10Mn in Seed Round from SRI Capital in January 2015.





No company in the world has ever raised $10 Mn in a seed round.

"Kiran Gali, founder and CEO of NumberMall Private Limited, said SRI Capital’s equity investment was a part of the company’s overall plan to raise Series A funding of $10 million next year as it seeks to expand the operations across the country."

So they appear to have raised some undisclosed amount as a part of a Series A round that they are going to raise next year. Typical AP sollu. They would have at best raised around Rs1-2 crores and trying to pass it off as raising $10 Mn.
 

Nenu
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Posted on Friday, September 25, 2015 - 06:13 am:       


Filmbuff:

not a single company got funded over $10 Mn in Hyderabad





NumberMall


Founder(s): Kiran Kumar Gali, Kishore Kumar Gali, Nirmala Jyothi

Founded In: February 2011

Funding: $10Mn in Seed Round from SRI Capital in January 2015.

NumberMall offers online services for bill payment and ticketing in association with small retailers. The startup acts like a revenue-generation platform for merchants, by using it, merchants could earn additional revenues by offering value added services such as bill payment, data cards and phone recharges to their customers.
I am God; God is great
 

Tilak
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Post Number: 32321
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Posted on Friday, September 25, 2015 - 05:54 am:       

'Tirupati emerging as incubation capital'

http://www.thehindu.com/news/national/andhra-pradesh/tirupat i-emerging-as-incubation-capital/article7687133.ece?ref=tpne ws
Narendra Modi, Pradhan Mantri, Bharata Ganarajya - www.pmindia.nic.in - www.narendramodi.in
 

Reddit
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Posted on Friday, September 25, 2015 - 05:36 am:       


Filmbuff:

startup wanting to relocate from Delhi to Bangalore.


NCR should worry more about this… manufacturing kuda shifting base to HP and now to Raj.

Filmbuff:

Chennai and Hyd baaga ante baaga venaka padipoyayi…


Hyd lo t-hub oct 1'st opening so w'll be boston to bangalores' sfo. ;)
Man and God met somewhere. Both exclaimed , my creator!
 

Pavala
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Posted on Friday, September 25, 2015 - 05:34 am:       


Filmbuff:


buffy gootle
maa yzag lo edho oka mushti dobbachu ga..aa startup incubation ani edho ettaad ga admin gadu..dhani updates ettu
Bala audio function roju ma fans ki grahanam day...memu bayataki rakudadhu....repu talk to u yaa.. - Onlytruth
 

Jawmetri
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Posted on Friday, September 25, 2015 - 04:22 am:       

Bangalore is the SF of India.
 

Phoenix
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Posted on Friday, September 25, 2015 - 03:56 am:       


Filmbuff:



Thanks baiyya
 

Filmbuff
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Posted on Friday, September 25, 2015 - 03:53 am:       


Phoenix:

Bro vlocity startup gurinchi idea undha meeku? Ela untundi join ayte koncham cheptara idea unte..doubt is on company surviving for 3-4 years....cloud products startup anta edhi...




Peddhaga idea ledhu. but appears to have raised quite a bit of money, their last round was over $40 Mn. So will definitely survive for some time..
 

Phoenix
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Posted on Friday, September 25, 2015 - 03:16 am:       


Filmbuff:



Bro vlocity startup gurinchi idea undha meeku? Ela untundi join ayte koncham cheptara idea unte..doubt is on company surviving for 3-4 years....cloud products startup anta edhi...
 

Filmbuff
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Posted on Friday, September 25, 2015 - 03:10 am:       


Spigot:

incentives emo..




No incentives, in fact govt. does nothing in Bangalore...roads, traffic, water supply are all terrible...just availability of talent and weather. Because Bangalore lies close to AP and Tamil Nadu and Kerala, it has a great catchment areas for accessing tech talent from all these states.
 

Spigot
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Posted on Friday, September 25, 2015 - 02:45 am:       

last time meeku startup medha thread vesinappu koncham googling chesa, maj. preference Bangalore ee, tech resources availability and incentives emo..
" Do not think inside the box, Do not think outside the box, Think like there is no box. " - Unknownanda
 

Redbull
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Posted on Friday, September 25, 2015 - 02:38 am:       

http://www.4hoteliers.com/news/story/14818

Shangri la opens 400 bed top notch hotel in Blore after Delhi. Manchi hotel group idhi
 

Tilak
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Posted on Friday, September 25, 2015 - 02:30 am:       


Mushin:

All CEOs were of view that the changes that PM is trying to make in area of easing business should be made faster: MEA


Singapore's main advantage is .. less taxes for corporates .. awesome infra .. and available global talent and access to big markets ..

India cant compete with Singapore just yet .. we first need to overtake Malaysia, Indonesia when it comes to ease of business! Thats how behind we are! And yes, agree with you .. it is high time we shift gears now .. looks like .. global markets are consolidating their hold with almost stagnant new tech .. so Singapore, HK lanti vallu .. next gen businesses ni bagane attract cheyyadam start chesaru ..
Narendra Modi, Pradhan Mantri, Bharata Ganarajya - www.pmindia.nic.in - www.narendramodi.in
 

Mushin
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Posted on Friday, September 25, 2015 - 02:26 am:       


Tilak:

Flipkart, Grocify path lo .. next stage .. Bangalore to Singapore?


mana saheb twaraga fix seyakapothe idhe path follow aithar.....

ANI ‏@ANI_news 6h6 hours ago
All CEOs were of view that the changes that PM is trying to make in area of easing business should be made faster: MEA
 

Tilak
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Posted on Friday, September 25, 2015 - 02:24 am:       

Flipkart, Grocify path lo .. next stage .. Bangalore to Singapore?
Narendra Modi, Pradhan Mantri, Bharata Ganarajya - www.pmindia.nic.in - www.narendramodi.in
 

Phoenix
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Posted on Friday, September 25, 2015 - 01:50 am:       

Anyone has idea on vlocity (no e in name) startup blore? My colleague is offered qa position there...
 

Mushin
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Posted on Friday, September 25, 2015 - 01:44 am:       

blore is the startup capital of India..other cities are light years behind blore in the startup scene
 

Filmbuff
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Posted on Friday, September 25, 2015 - 01:41 am:       

Naaku telisi over the last 3-4 years despite all the boom in startup funding etc., not a single company got funded over $10 Mn in Hyderabad or Chennai (barring Freshdesk in Chennai).
 

Thikka_sankara
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Posted on Friday, September 25, 2015 - 01:31 am:       


Filmbuff:


Chennai gurinchi chepoddu... It has become legacy technology hub.... Even big 4 consulting companies are consolidating all their legacy tech related business to Chennai... Aaaa line lo unnavallu bayataki move avvalem.... Similarly, New techs peddaga Chennai raavu kooda.....

Now consider this from startups pov.... Why will they move to Chennai when the resource availability is less??
Perhaps nobody has changed the course of history as much as the historians. ~Franklin P. Jones"
 

Filmbuff
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Posted on Friday, September 25, 2015 - 01:22 am:       

Freecharge, Ola, quickr, housing, paytm, snapdeal are among the biggies who have already moved lock stock and barrel or a large part of their tech team to Bangalore.

And startups aithe cheppavasaram ledhu, every other week i meet a startup wanting to relocate from Delhi to Bangalore...Chennai and Hyd baaga ante baaga venaka padipoyayi...

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