Listed below are some of the major news of the startup sector, take a look to stay updated:
Online fashion retailer Myntra is planning to expand its offline presence from the existing 12 stores to 200 within the next two years to strengthen its privatebusiness.
By March 2020, Myntra will open 50 stores for its biggest-selling brand, Roadster, besides expanding its offline presence with HRX. It also operates the franchise of the Mango label in India.
Smoodies, which makes fruit and vegetable smoothies, has raised $500,000 (Rs 3.4 crore) in a pre-Series A round of investment from equity crowdfunding platform 1Crowd.
The fresh capital will primarily be used for building a stronger team and setting up a new production facility for capacity expansion
A significant chunk will also go towards marketing and sales efforts.
RELATED ARTICLES
The UK has announced plans to launch ‘startup visas’ for entrepreneurs who wish to set up base in the country. The move will make the visa process “faster and smoother” for graduates, and the country would be able to attract top talent from across the globe.
As per reports, the Home Office is taking major steps to make the country a dynamic, open, and globally-trading nation. The startup visa initiative follows the recent decision of doubling the number of visas available through the “Exceptional Talent” route. The startup visa is expected to be launched in the spring of 2019.
HomeLane, an online home interiors company, raised Rs 24 crore from Brand Capital, the strategic investment arm of Bennett, Coleman & Company Ltd. The investment comes as an extension to its previous $10 million funding round led by Accel Partners along with participation from Sequoia Capital and RB Investments.
The startup will deploy the money to build its online brand in the cities where it operates: Bengaluru, Chennai, Hyderabad, Mumbai, and Delhi-NCR. The company, which currently has seven experience centres in these cities — three in Bengaluru and one each in the other places — is looking to expand that to five in Bengaluru and one more in each of the other locations.
Being a leader is not an easy job. There are so many responsibilities and if you falter at one, there are people waiting to criticise you.
However, American businessman, Ray Kroc has something interesting to share. He says,
“The quality of a leader is reflected in the standards they set for themselves.”
Online games are available in many forms and types including online gambling and sports betting.…
We live in a digital world, and every business, whether it's a brick-and-mortar shop or…
There is no denying that the pandemic has been rough on everyone. We have had…
Building your online presence can be challenging for both newcomers and the already initiated, but…
The smartphone market offers a variety of smartphones from brands both well and less known…
After a hard day’s work, you probably like to kick back on your couch and…