Category: Internet

20th October 2016, Sydney, Web Posting Pro  Australia, Husband and wife entrepreneurs Lel and Khai Ngo, are both event enthusiasts who enjoy celebrating life. The co-founders of The Kit Source want to take the hassle and stress out of celebration planning.

The duo source, curate, and package bespoke, beautifully themed party supplies and delivered them directly to your door. Every theme is carefully styled and assembled. All the party organizer has to do is unpack and enjoy the party.

They share their unique start and start-up tips:

It’s about embracing change…

In mid-2013. We both lost a little motivation with our jobs and decided we needed a challenge. Khai was keen to study again, and I planned to start a career as a freelance event consultant, so moving overseas would be the perfect way to get a new perspective and start afresh. We considered a few locations (even the Netherlands – I have a Dutch passport), but as we’d both traveled to the States before, and fallen in love with San Francisco, an international program at Berkeley – just outside San Francisco – fit the bill.

A couple's start up story and tips.. 2

One afternoon in February 2014, after being in Berkeley for a month, I was completing an assignment and had to find classy, themed partyware for a few hypothetical events. I realized that I loved putting together color and pattern combinations (mood boards) for these different themes. Before I knew it, I was off Googling whether Party Kits existed – all I could find were ‘packs’ with the same tacky image on each item – a lazy and tacky approach in my eyes.

It’s about finding the gap….

That afternoon, when Khai walked in the door to our tiny, dingy college-town apartment, I told him about the apparent gap in the market and, without really thinking about it, joked that we should fill it by opening an online store that curates party supplies into kits. Khai, inspired by his Entrepreneurship subject, pulled out an article on writing a Lean Canvas and said they’d complete it the next day.
That next afternoon, they planned the entire business out in about four hours and were so tired from all the idea generation that they couldn’t discuss it again for weeks!
Lel then began researching shopping cart platforms, suppliers, and the market and listened to hundreds of podcasts such as eCommerceFuel and My Wife Quit Her Job. Needless to say, the event consultant idea was forgotten about!

It’s About Inspiration…

At this point, the ‘Start-Up’ scene hadn’t quite hit Sydney to the level it has now – it was something that was born in the Bay Area (SF, Silicon Valley).

Not only this, but we were exposed to SO MANY new ways of doing things, especially online or via App – Uber was already deeply ingrained in society, food delivery services were huge, Meetup groups were everywhere… we experienced a lot of new services that were completely different (and more efficient) than the things back home.

I decided to follow creative pursuits while setting up my consultancy – studying event and wedding design (online) and floristry at the San Francisco School of Floral Design. During these courses, I realized that I desperately needed creativity to be at the core of my career, no matter how successful I was as an event coordinator. When the idea of an online store struck, it was like I found my calling! There were many logistical and organizational tasks, but I could design the website, take all of the photos, and most importantly, curate the Party Kits!

It’s about excitement, suspense, and passion…

Mostly beauty, fashion, and food subscription boxes inspired us. It was the ‘unboxing’ of a curated collection of products that really inspired me. As a passionate online shopper, I find it exciting and suspenseful to open up a box and pull things out, item by item. I’ve grown up using Apple products, where packaging and unboxing are so well constructed and purposeful. One day I hope to recreate that sort of experience with our Kits.

It’s about like-minded, positive people.

Khai’s Diploma was only for international students, so our friends were from Brazil, France, Spain, Japan, Germany, Argentina, India… they were all at a similar stage in their life – postgrad study to upskill start something new. Almost every one of our friends had a business idea or planned to stay in the US to work in a start-up… we were surrounded by people who had such a passion for change; they were excited about business and life (sadly, this wasn’t the case for a number of our friends back home). This meant that when we returned to Australia, our friendship circle changed; we’d realized that being around like-minded and passionate people would keep us motivated.

It’s about learning who your target audience is and adapting.

When we started, I actually wanted to focus on the ‘young corporates with disposable income’ market – I was basically creating the product for myself. After some time on the market and seeing who our customers and followers were, we realized that this wasn’t really the market that needed our help – it was the mums who were time poor that felt the pressure to live up to their fellow mum’s expectations. I really enjoy catering for the Mum’s market; they’re really grateful for all the assistance and time-saving!

It’s about being true to creativity and intuition…

I usually find one item that is the jumping-off point for a kit – as much as I should research upcoming trends, I tend to come across things I love, and ideas snowball from there. One of my favorite Kits, the Black and White Party Kit, was inspired by patterned carpet in a hotel we stayed at in 2009. My ideas truly come from anywhere, and I guess that makes it hard to imitate what we do. I’m more about creating timeless products than keeping up with whatever fleeting trend other stores might be pushing.

READ MORE :

It’s about collaboration…

Khai and I have very complementary skill sets. To put it simply, I’m about form, and he’s about function. I love the design side of things, whereas he’s very analytical. He’s a very successful business manager – handling all of the financial, operational, and logistical aspects that I don’t have an interest in. This isn’t to say he isn’t creative though, some of our most random (and successful) products or marketing efforts have come from his creativity in problem-solving.

It’s about quality and honesty.

My main benchmark for quality is “If I don’t use it myself, I won’t offer it to our customers.” Have you ever attended a party and tried to cut your food on a flimsy white plate with bendy cutlery? It’s awkward and frustrating – we even filmed a plate test to show how we focus on quality!

In addition to this, Khai and I have taken it upon ourselves to learn as much as possible. Khai’s learned the basics of html, CSS, and SEO; I’ve upskilled in graphic design programs, photography. One day we’d like to outsource these sorts of things, but it’s best we learn what we can first, so we don’t get ‘screwed over’ later (I’ve heard too many horror stories about entrepreneurs paying thousands in SEO a month, with no results!).

It’s about celebrating life…

I was always on the fringe of the event industry, but when we began The Kit Source, I became really involved and interested in what other party stores, stylists, cake makers, etc., we’re doing. It was then I realized that throwing parties should be simple. I was no longer interested in coordinating party items and selling them in kits; I wanted to simplify party planning and show people that less is more. I vividly remember parties from my childhood, with homemade cakes and silly games – it wasn’t about expensive decorators or how much my parents invested, it was about the memories – it’s cliché, but it’s true! If we can get people who are hesitant about throwing a party because of time restraints (or perceived lack of creativity) to grab a kit and celebrate, then we’ll be pretty happy no matter the occasion.

Read Full Article

Vijay Thomas, founder and Web List Posting partner at Tangent began by saying, “As a consultancy providing technology solutions to increase organizational effectiveness, we now talk to CMOs, not CEOs or CIOs of our corporate clients. This tells you how big and important marketing budgets are to an organization, especially with the onset of digital marketing.”

Anand Natarajan, a chief business officer at Excello, pivoted the discussion to the key role of data in digital marketing. “Marketing clouds now offer ample amounts of data unlike traditional mediums of TV, radio, etc. This also means customers expect you to know what they like and prefer.”

Technology

Julie-Lynn Tikekar, senior manager for risk management at PayPal, added, “Big data is a buzzword nowadays. It describes the speed, access, and amount of data available, and it is making marketing more focused and accurate, therefore creating more profit.”

Rajesh Munjal, COO, Carzonrent India, offered his insight saying technology is not enough content is important too. “For instance, we have provided vehicles for corporate rental. B2B is niche and should be customized. Tech and content are equally important; this is where sound marketing strategies will come into play. Data are abundant with everyone thanks the internet, so you must use technology like analytics to make sense of all this.”
The panel also shared their views on what marketing tools and tips can increase online marketing efficiency.

“Have a data feed to keep your front end relevant; use analytics to do this. Pay attention to the placement of products on your pages to optimize sales. You will see product preferences vary by geography”, suggests Vijay of Tangential.

Kunal Gupta, associate director for media, digital, and e-commerce at Nielsen, suggests experimenting with giving free data to consumers, “Keep track of what happens when you give internet data for free – how many people will experiment with shopping online, etc., it’s another revolution.”

Julie-Lynn of PaPpal added, “Maximize your digital real estate, don’t just build a website and forget about it. Keep it dynamic. While you’re building your website, test it out with your target audience to make sure you’re attracting the right audience.”

READ MORE : 

Keeping track of online marketing costs is very important. Mohit Gill of Global Sell said, “While it increases visibility, the cost of online marketing must be checked (sponsored ads, paid campaigns) to make sure your spending justifies what you sell when you’re earning back around 30%, it’s not justified. Say u pay 100 rupees for five days, but the product is sold in 5 hours. That’s not justified either.”

Gaurav Kachru, CEO of Today Retail (now part of Zee Media Corporation), says, “Do not underestimate the power of SEO; it brings traffic to your sites at a low cost. It would help if you were careful about paid acquisitions and display ads; they no longer draw customers. Using influencers like friend networks to like your product is better.”

Summing up this discussion, things come a full circle when Gaurav said, “No matter what, marketing is still what it was. The fundamentals have not changed, and you must get those right; only the tech and tools have changed.”

Julie-Lynn agrees, “There’s no substitute for studying an excel sheet for about 2 hours. Based on my findings from an excel sheet, I am still able to find points with which to challenge guys who use.”

Read Full Article

Why don’t planes crash more often from mechanical failure? With all the moving parts inside a plane, it seems that something would break fairly easily. So, why doesn’t that happen? One primary reason: checklists.

Before pilots push the button for taxiing and take-off, they perform an extensive pre-flight checklist to ensure everything is functioning exactly as it should be.

Google

Entrepreneurs hoping for strong SEO (search engine optimization) rankings might take a lesson here. They can create a checklist to make sure everything is perfect for their next website article. No, an SEO checklist won’t protect you from crashing and burning. But it will help ensure that your post has the best chance it needs to rank high in Google.

So, before you publish your next piece of web content, run it through the following 9-point checklist for the best SEO tips but check this link about where to learn seo.

1. Pick a good keyword to focus on.

The first step is to pick the search term or phrase you want the post to show up. If I am writing about the best dog toys for small dogs, I’ll want to find out what people are actually searching for.

The easiest way to do this is to use Google Keyword Planner, a free tool that will show you an estimate for any search phrase. (Although Keyword Planner is free, you may need to set up an AdWords account to gain access.)

For example, I noticed that “small dog toys” receive 590 monthly searches — higher than any other related combination of words. However, I’m still not totally ready to start writing about this topic. First, I need to do some research.

2. Research the competition.

Now that I have a term I want to try to rank for, I’m going to go undercover and do some recon!

Jump over to your “private browsing” mode on your web browser (“Incognito” in Chrome, “Private” in Safari and Firefox, “InPrivate” on Internet Explorer) and head to Google.com. (At my company, we do “private mode” because we don’t want Google to use our past search history to influence what we see on the search results page.)

Take a look at all the content on page one of Google, ignoring any ad results at the top. The 10 (or so) results are your competition! What are they missing? Can you do better?

3. Write the best content.

Now that you know what your competition looks like, it’s time to create the content that will blow those folks out of the water. This is perhaps the most difficult part, but it’s the most important. It needs to be amazing.

I don’t care if you create a blog post, eCommerce store page, or sales-landing page. It needs to be better than the rest, or else neither Google nor your audience will ever take note.

For an example of an article I recently wrote — with just this goal in mind — check out “How to Become a Millionaire: The Ultimate Guide.”“. My goal with that post was to write superb content about that topic. How did I do?

Related: 5 Ways Small Businesses Can Compete With Giants in SEO

4. Put the keyword in your page title.

This should be a no-brainer, but I’ll say it anyway: Your page title should contain your keyword, but that doesn’t mean it has to be exact (though it can be).

Additionally, the title must also be interesting enough that people will actually want to click on it! A good example of this would be PT from PTMoney.com, who wrote a great post about “making extra money.” However, rather than a boring title, like “Make Extra Money,” he titled it “52 Ways to Make Extra Money.” Now that is something I would want to read.

5. Put the keyword in your header.

You can organize most web pages by having a large title at the top, followed by several sub-headers throughout the page (like the sub-headers in this post).

This organization is helpful not only for people in skimming blog-post articles but also for showing Google exactly what your blog post is about. Therefore, be sure to use your exact keyword phrase at least once in your sub-headers.

6. Put the keyword in the name and alt-tag of your image.

Next, if your blog post contains images, you can use those images to cement the idea to Google about your post’s topic. There are two ways to do this:

To change the image name, change the name of the image on your computer before uploading. Instead of a file called “2831274.jpg,” you can re-name it something like “small dog toys 1.jpg.”

The “alt tag” is something you designate after you upload the photo to your website. Without getting too technical, the alt tag is simply the text that the web browser will show if the photo can’t load for some reason.

7. Use the keyword in the URL and the post.

Another way Google can determine what your blog post is about is the URL. In other words, we’re talking about what comes after the “.com” in your url (or .net, .org, or whatever you use). For example, which of the following URLs do you think Google will like better when deciding whether or not to show a certain page?

You’re right if you guessed the second one. While the former might not completely kill your SEO efforts, the latter definitely helps show Google exactly what the post is about.

8. Insert internal links.

If you aren’t talking about your best content, why should anyone else care? For this reason, your best SEO content must be linked to internally by other pages on your website.

Yes, this means you may need to go back and edit some older posts to include links to the new, incredible content.

READ ALSO : 

9. The most important SEO tip: Get external links.

Okay, finally, we’re at the big one: external links.

External links are links from websites other than your own. Google relies heavily on external links to determine how good a post is. And this makes sense. You can talk about yourself and your own skills all day long, but no one will believe you. But as soon as other people begin bragging about you, others take notice.

While producing incredible content may get you some links, the truth is, you are going to have to do some “link building.” This means reaching out to other website owners in the space to ask for links. For some great tips on getting these links, I like to read Backlinko.com.

The above nine-point checklist may not include everything a person could know about SEO, but you’ll be miles ahead of the competition by simply following this checklist. You will likely see your posts get significant SEO traffic.

Read Full Article

While Flipkart still hasn’t fulfilled its promise of revealing the Samsung Galaxy On Nxt, which was scheduled to happen at 8 pm on Thursday, someone at Samsung India seems to have jumped the gun by listing the smartphone company’s website Web Posting Reviews.

According to the listing, which was still alive at the time of publishing this post, the smartphone will be priced at Rs. 18,490 and be available in Gold and Black colors. The Galaxy On Nxt was earlier confirmed to be Flipkart exclusive, and we’ll have to wait for details from the e-commerce major for details on when the phone will go up for purchase.

The Samsung Galaxy On Nxt looks identical on paper to the Galaxy On7 (2016), down to the physical dimensions, which makes us believe it’s nothing but a rebranding of the smartphone launched in China last month. The phone features a full metal unibody design, and it comes with a 5.5-inch full-HD display protected by 2.5D Gorilla Glass.

Samsung Galaxy On Nxt Launched in India: Price, Specifications, Features, and More

The Galaxy On Nxt is powered by an octa-core SoC clocked at 1.6GHz alongside 3GB of RAM. The phone packs 32GB of internal storage that can be expanded up to 256GB via a dedicated microSD slot The dual-Nano-SIM Samsung Galaxy On Nxt is backed by a 3300mAh battery that’s rated to deliver up to 21 hours of 3G talk time and up to 15 hours of Internet usage over LTE.

The Samsung Galaxy On Nxt packs a 13-megapixel rear camera and an 8-megapixel front camera, both with f/1.9 aperture. A flashbacks the rear camera, and it is capable of recording full-HD video. Connectivity options include GPS, Bluetooth 4.1, Wi-Fi 802.11n, Wi-Fi Direct, but there’s no NFC. A fingerprint sensor is thrown into the home button for good measure.

At this price point, the Samsung Galaxy On Nxt will compete with Lenovo Z2 Plus, launched in India at a starting Rs price. 17,999.

Read Full Article

NEW DELHI—Two Wide Info of India’s biggest online travel booking platforms are merging, the latest example of consolidation among startups in the world’s second-most-populous country.

Nasdaq-listed MakeMyTrip Ltd. said Tuesday it is acquiring ibibo Group from South Africa-based global internet and entertainment company Naspers Ltd. Chinese internet giant Tencent Holdings Ltd. for 40% of the shares of a new, combined entity.

MakeMyTrip
Through a jointly owned holding company, Naspers owns 91% of ibibo, while Tencent owns the remaining 9%, the companies said in a statement. A MakeMyTrip spokeswoman declined to comment Wednesday on whether the same breakdown would pertain to the stake in the new firm. According to the Nasdaq website, MakeMyTrip had a market capitalization of $1.24 billion at market close Tuesday. The companies didn’t provide value for the deal, and the spokeswoman declined to comment on it.

The deal should “unlock value” by “combining the complementary strengths of each business,” the companies said, adding that the transaction should close by the end of December, subject to approval by shareholders and regulators.
The deal is a “game-changer” for MakeMyTrip since it combines the top two players in India’s online travel sector, which has been “hurt by high burn rates resulting from the high competitive intensity,” wrote Jefferies analyst Arya Sen in a research note.

Gurgaon, India-based MakeMyTrip, offers bookings for flights, hotels, buses, and trains. Ibibo, also based in Gurgaon, says it is India’s largest hotel booking site and provides flight booking and other bus ticketing and car-sharing services. The companies said that the startups’ services combined were responsible for 34.1 million transactions in the 2016 fiscal year.

India represents huge potential for technology startups since many people are now getting online for the first time. Many startups have been burning through cash that they have spent on advertising and discounts to woo new users, but venture capitalists have been starting to tighten the taps in recent months.

READ ALSO : 

According to data from CB Insights, investments in India’s startups plummeted 69% to $1.05 billion in the third quarter of this year from $3.41 billion a year ago. Analysts say, investors, eager to see a return on their investments, are pushing startups to become profitable, leading to consolidation as peers gobble up one another.

In July, prominent Indian e-commerce firm Flipkart Ltd. bought a smaller rival, online retailer Jabong, for $70 million. That deal came amid rapid expansion in India by Amazon.com Inc., which has said it will invest $5 billion in India.
In August, Bangalore, India-based ride-hailing service Ola said it was laying off hundreds of workers at a fellow operator, TaxiForSure, bought in 2015. That move came as U.S. titan Uber Technologies Inc. has been boosting its efforts to win new riders and drivers in the country. In January, online classifieds portal Quikr said it acquired property listings portal CommonFloor.

Read Full Article

According to federal prosecutors, a former contractor Wide News with the National Security Administration (NSA) has stolen a whopping 500 million pages of sensitive government record over the last two decades.

In a court filing made public on Thursday, prosecutors said the former NSA contractor Harold ‘Hal’ Martin III was arrested on August 27 in Maryland and poses a “grave danger” to the US. He has been charged under Espionage Act.
Ahead of a detention hearing set for Friday in Baltimore, the government has said that Martin should not be allowed to leave the country. He worked for Booz Allen Hamilton – the same firm that hired NSA contractor Edward Snowden. Martin was entrusted with classified information for government agencies and allegedly had been stealing information since 1996. He is alleged to have communicated online with others in languages other than English, including in Russian.

Stole

In June 2016, he downloaded information regarding the Russian language as well as other foreign languages. Federal prosecutors alleged that examining the digital media seized from Martin indicates extensive use of sophisticated encryption, anonymization, and virtual machine technologies. There is evidence that he has remote data storage accounts and has engaged in encrypted communications, they alleged.

Martin also had encrypted communication and cloud storage apps installed on his mobile device, prosecutors said, adding that he has the knowledge and training to housing some or all of the stolen digital information in cyberspace, where he could easily access or transfer it. He had a sophisticated software tool that runs without being installed on a computer and provides anonymous internet access, leaving no digital footprint on the machine.

READ ALSO : 

The prosecutors said Martin had swiped at least 50,000 gigabytes of information. One single gigabyte is enough space to store about 10,000 pages of documents containing images and text. His internet activity also suggests that he was attempting to locate anonymous internet access and to run operating systems on his machines that would not leave any forensic evidence of his computer activities, they alleged.

In July 2016, he watched a video about how authorities catch individuals who attempt to remain anonymous on the internet. He has a demonstrated ability to conceal his online communications and access to the internet, prosecutors added.

Read Full Article

Curfew continued on Work Reveal  Saturday in 7 villages of Igatpuri and Trimbakeshwar tehsils after incidents of group clashes and stone-pelting in the wake of the alleged rape attempt of a minor girl. At the same time, Internet services resumed after five days of being suspended, police said. Internet service has resumed in the district from today, ACP (Crime) Sachin Gore said in a release.

Police also appealed to people to not forward “provocative and wrong messages” on social media and mobile messaging platforms and maintain peace in the city. Gore also asked citizens to notice police such messages doing rounds on the internet. It has already taken action against seven ‘admins’ of different Whatsapp groups and one Facebook user for spreading inflammatory messages in the backdrop of the incident. He further said the situation in Nashik city and other parts of the district is peaceful and well under control.

Nashik rape case

Garcinia Cambogia Herbs

Protests had erupted in adjoining villages and spread to Nashik after a 16-year-old boy allegedly tried to rape a five-year-old girl at Talegaon village near Trimbakeshwar.

Meanwhile, Union Minister of State Ramdas Athawale today urged people of all communities to help the administration bring normalcy to the district. “Our party had condemned the rape and murder of a teenage girl in Kopardi (Ahmednagar) this year in July, and we also condemn the incident at Talegaon here,” he told reporters.
The alleged rape and murder of the 14-year-old girl belonging to the Maratha community by Dalit men in Kopardi created widespread agitation. The community members took to the streets demanding justice across the state.
Athawale asserted that the Scheduled Caste and Scheduled Tribe (Prevention of Atrocities) Act is meant to protect Dalits from injustice but emphasized that it should not be misused.

READ ALSO  :

“Instead of abolishing the Atrocities Act, there is a need to bring a bill to make amendments to the Act,” he added.
“I will meet Chief Minister Devendra Fadnavis regarding getting financial aid to the family of the victim, who is undergoing treatment at Nashik Civil Hospital and also for the nine people who were injured in the protests,” Athawale said. He also visited the victim at the hospital.

Read Full Article

Baby care brand Johnsons World Update Reviews has launched a YouTube channel with over 100 videos across 12 categories, amid a sharp rise in searches for parenting advice. The new ‘Best for Baby’ channel is a dedicated video channel to provide new parents a holistic guide on baby care and parenting.

Designed to cater to the needs of ‘millennial parents,’ the channel offers new parents help through detailed videos specially curated for the channel by baby care experts and discerning peers. Featured on the channel are videos that bust common baby care myths, simplify the science behind baby care, in addition to educational videos on relevant subjects like sleep, bath time, and massage.

bestfor-baby-large

New parents can also find videos on fun DIY projects to do with their infants and toddlers. The objective is to create a platform that encourages moms to curate their own content on the best of baby care for the channel.

Talking about the ‘Best for Baby’ channel launch, Ganesh Bangalore, Vice President, Marketing, – Johnson & Johnson, Consumer, India, added: “Our ongoing dialogue with moms, in addition to research in the segment, revealed a need-gap for millennial parents in India regarding reliable and researched baby care information online. The research clearly showed that new moms use online searches as their primary way to find parenting information.

“As an innovator in Baby Care for over 120 years, JOHNSON’S® has filled critical research gaps by helping advance 90% of all publications and peer-reviewed scientific literature worldwide on the understanding of baby care. With this background, it made sense for JOHNSON’S to create the ‘Best for Baby’ channel providing parents with a credible source of information on baby care. With over 70,000 views a day, on an average in its pilot phase, we seem to have created a platform that is an answer to the needs of our consumers.”

According to a report by Tickled Media’s- theindusparent.com, the media consumption of Indian mothers has changed significantly with a 71% increase in internet searches and an average decrease of 45% in her television, newspaper, and magazine consumption. Of these, more than 41% of mothers access YouTube accounts for their parental queries. Interestingly, over 76% of mothers search for parenting tips, while 75% of mothers search for health and nutrition tips. The report also highlights the increase in digital consumption, with over 61% of moms relying on online platforms for parenting advice; of these, 69% of mothers look to specialized parental resources.

READ ALSO : 

In India, the baby care brand has partnered with reputed medical organizations such as The Federation of Obstetric and Gynecological Societies of India, Indian Academy of Pediatrician, Indian Medical Association to maintain a steady stream of conversations around baby care in the country.

Unveiling the new channel to 300 moms at a red carpet event today, actress and millennial mom Lara Dutta said: “Today moms are balancing many responsibilities, from professional to familial ones. Today, busy moms are looking for solutions and guidance from baby basics, bonding with the baby to nurse, and putting the baby to sleep. JOHNSON’®, Best for Baby channel, answers the mothers’ various concerns and redefines baby care. I wish this channel were around when my daughter was born as it can really help put mothers at ease.”

Read Full Article

As the US and Europe-based World Scoop venture capital funds go slow on investment in start-ups, the Chinese are filling in with moneybags, ideas, and handholding. Seasoned Chinese investors, including Incapital, Fenghou Capital, Legend Capital, Plum Ventures, Grand View Capital, K2VC, Hill House Capital, Fusion Capital, Heli Capital, Chengwei Capital are preparing to enter the Indian start-up space, “They have been waiting for all this, but now Chinese investors are expected to come in significant numbers. For them, the Indian start-up space with the scope of growth that can happen, they can’t afford to ignore. Also, with Chinese start-ups getting more mature, growth there is tapering off, making India an attractive investment destination,” he said.

As Rocket Internet steps back, Chinese arrive in droves 11

The current trigger for the Chinese interest is a recent visit of more than 15 funds, mostly angel investors, to India last week. Of late, the Indian start-up space is seeing a slowdown in funding with US-based venture capital funds such as Rocket Internet and Softbank demand profitability before committing more money. “Such visits don’t happen every day. The delegation that came to India was more interested in early-stage start-ups. But the feedback we got during the meetings and also during our subsequent visit is that they would prefer a single platform to get access to target start-ups,” said Vikram a day after a week-long visit to Hongkong where a partnership pact was firmed up with the platform Zhucloud, developed by Incapital, which is part of IT and communication biggie from Hong Kong, the HKT Group.

The combined platform of IvyCapital and Zhucloud would bring together Chinese investors and Indian start-ups.
On its own, IvyCap manages two funds supported by the trust formed by alumni of IITs and IIMs and provides the start-up’s access to the rich network of trust members.

READ ALSO : 

“Looking at the bigger picture, where the Chinese market was 10 years back, the Indian market is there now. These Chinese investors saw the growth process we are now seeing in our own start-up sector and are keen to share this knowledge. They are perfectly placed in bringing in not only mature capital but the knowledge they have gathered all these years in a market which is very similar to ours,” Gupta said.

“The Chinese market is huge in terms of consumption, offering immense scope for Indian start-ups to learn and develop products,” he said.

Read Full Article

Lucknow: The Uttar Pradesh State Roadways Transport Corp (UPSRTC) has decided to make its Volvo fleet Wi-Fi enabled on select routes, officials said on Friday. The free internet facility would be given to passengers traveling in select air-conditioned buses and on select routes.

“In the initial phase rolled out on Friday, five buses will be Wi-Fi enabled. In the next fortnight, 10 more will have the facility,” said an official Great Intelligence.

Volvo bus

These routes include Lucknow-Delhi, Lucknow-Bahraich, and Lucknow-Ajmer. To enable the Wi-Fi, a dongle would be fitted in the buses. The passengers would be required to take a password from the bus staff to use the free internet surfing facility.

READ ALSO : 

Read Full Article