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Monday, May 21, 2012

Latest Posts from Pluggd.in for 21/05/2012

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Why did I say no to Funding?

This part of my story starts taking shape in the month of December in 2011. I was juggling around my day job with my startup. You can't hide things for long in social media and before my employer could give me a pink slip, I made the move. However, this was also the time when I had started meeting a lot of people and shared about my blog, armed with just a notepad and no proper networking etiquette and business cards on me. One such visit was to a funding meetup.
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Microsoft study claims that 52% of SMBS found it easier to scale business, post cloud adoption

Indian SMBs using the cloud also spend 72 % less time each week managing security than companies not using the cloud. They are also 22 times more likely to have reduced what they spend on managing security as a percentage of overall IT budget.
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TaxiForSure raises funding from Accel Partners, Helion Venture Partners and Blume Ventures

Serendipity Infolabs Pvt. Ltd., which runs the online taxi booking site TaxiForSure, has raised venture capital funding from Accel Partners, Helion Venture Partners and Blume Ventures
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Mumbai-based Ambab provides Service-as-a-Product to Startups

Service-as-a-Product, or SaaP, shortly, is different from the SaaS model in that you get a dedicated infrastructure, database, and dedicated software, with complete control over code and data, in a standard, quick, easy, and scalable implementation with flexibility of payment.
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Letsbuy – bought! Now what?

Letsbuy employees are, however, certain that the brand will be wiped out. "From the looks of it, Flipkart is going to kill Letsbuy (all warehouses of letsbuy except Delhi have been closed down).
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Healthkart acquires Madeinhealth, its biggest rival

As the e-commerce sector sees huge growth with nearly 100 million Indians online now, increased consolidation is expected. Healthkart's co-founder Prashant Tandon estimates this newest acquisition will help the company tap into the $1 billion sports-nutrition market in India.
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More to read:

Here is how to offer *deal* to your prospective employer
We are hiring interns, looking for backbenchers
TRAI Recommendations on Licensing Mobile VAS: A Step backward?
Facebook Poll : 36% of you believe that the value will go down
Startup Deal: Get 50% off on your Logo design

Announcing UnPluggd

We're excited to announce the next edition of UnPluggd, India's biggest startup event.
More here.

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