Startup Roundup April 22, 2016


10 Reasons you cannot miss to attend the Lufthansa Startup Expo

India’s status as one of the largest centres of entrepreneurial talent in the world has been well established. But with new startups joining the ranks every day, it has become critical to bring together different elements in the ecosystem as a way to nurture talent, share and grow ideas, and build cross-sectoral alliances. 


A sneak peek at 9 women-led startups that raised funding in 2016

2016 has started off on a better note for women entrepreneurs, at least in the area of venture capital funding. In March 17 startups with a at least a woman co-founder raised funding versus six in the same period last year. This is close to a 183 percent growth. 


“Smoke and Mirrors”: How a $2 Billion Start-Up Crashed and Burned | Vanity Fair

After years of venture-backed euphoria, a new era of seriousness has descended on Silicon Valley. Investors are becoming more cautious about their bets, and where burn rates used to go unfettered, founders are now focused on metrics like profitability. Start-ups that have failed to button up and get serious are paying the price. “As we move forward, it is important for all players in the ecosystem to realize that the game has changed,” Benchmark’s Bill Gurley, a well-known venture capitalist who has talked of doomsday coming to Silicon Valley, said this week. “We’re coming out of an era now where they all were chasing the same deals, trying to collect the same logos for their résumés, and marking up and encouraging the markup of their own investments for the sake of ego,” Lowercase Capital’s Chris Sacca told Vanity Fair. “There will definitely be a time of reckoning.” The time of reckoning seems to be upon us now. 


Why startups can’t disrupt the mortgage industry | TechCrunch

Home loans are the Holy Grail of online lending. They come with high loan balances, steady returns and hefty fees. There also is a healthy liquid market for the securitized loans, and the debt is asset backed, which reduces risk and opens up the investor pool. On top of that, “establishment” mortgage lenders are not leading the pack with innovation, which means there is a lot of room for improvement. 


What big corporates must learn from agile startups

For quite a while now, there has been a buzz around growing number of Indian startups, angel investors and venture capital funds supporting them – much like in the Silicon Valley. Despite some grumblings about the lack of innovation, it is hard to ignore their confidence, business models, and jugaads (low-cost innovative fixes). Their exuberance has ignited desire among the youth – and even among those with well-paying jobs at multinational corporations – to get out of the existing system and do something new. 


Logistics Startups Choose Hong Kong As Expansion Hub – Forbes

Hong Kong is one of the busiest ports in the world. The city’s strategic location as the gateway to China, has always been appealing to those in the manufacturing, supply chain and shipping businesses. Tech startups in the logistics sector are beginning to notice this and setting up shop. 


The first India-focused startup in Y Combinator, this dropout’s venture files 3 per cent of India’s tax today

The year was 2010, and Archit Gupta had just returned from San Francisco. The startup he was working for, Data Domain Inc, got acquired by EMC for a whopping $2.4 billion. An alumnus of IIT-Guwahati, in 2008 he had dropped out of his PhD course from University of Wisconsin to join the startup. 


Nordic corporations open their doors to tech startups

Digital transformation calls for a different way of thinking and traditional Nordic corporations are increasingly doing this by collaborating with young technology companies.

While the Nordic region is a hotbed of IT startups, traditional businesses in the region have been slow to work with them.

Inka Mero is the co-founder of Pivot5, a Finnish accelerator focused on bringing together corporations and startups. She said large corporations in the region have been slow to collaborate with startups compared with the US. 


Global corp Analog Devices is calling all startups to stir it up for innovation from India

Every now and then, it is good to ruffle some feathers and change the way things are done. Analog Devices – a $3.5 billion global enterprise – which specialises in mixed signal and analog integrated circuits, has decided to go all out to find startups and engineers or hobbyists who can bring the company ideas for the future of IoT or Internet-of-Things. The growing startup ecosystem has made Corporates look beyond Universities for innovation because University projects were limited to scouting talent. 


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