India has truly become a start-up “Nation”. Since 2010,the Indian technology start-ups landscape has seen a tremendous growth towards creation of innovative start-ups and this country , a home to a new breed of young start-ups, has clearly evolved to become the third largest base of technology start-ups in India. A day dedicated to those taking over our hearts has also been a day for taking over India’s companies. A ticket booking platform acquires a self-booking site.
Book My Show:
Ticket and event booking platform Bookmyshow has acquired a 75 percent stake in Town script, an Eventbrite-like site that allows people to ticket their own events. The amount of the stake remained undisclosed.
The acquisition will aid Bookmyshow to offer similar services, something the company had been trying to develop on its own for a while. Bookmyshow acquired ticketing platform Mastitickets, last month
Logistics start-up Lets transport has raised US$4 million in a second round of funding from NB Ventures and GMO Venture Partners, with participation of existing investor Rebright Partners from Japan. GPS-enabled trucks, status updates, transparent pricing, round-the-clock availability, customer support – Lets Transport brings Uber -like efficiency to trucking.
ZOLO has raised US$5 million in series A funding led by existing investor Nexus Venture Partners. This round includes venture debt from Innoven Capital.
Zolo provides managed accommodation to young professionals near their offices. It is partnering with home-owners as well as large builders to provide fully managed accommodations.
Bangalore-based sports tech startup Athlete has got backing from Facebook’s FBStart program. Athletto is out to prove sports isn’t just for kids. It helps people discover and book sports and fitness facilities, coaching services, and players
The report clearly indentifies the current scale and size of the start-ups landscape .