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InoxCVA IPO: India’s cryogenic tank maker fully subscribed on first day

ReadWriteStart

Inox India’s initial public offering ( IPO ) opened on Dec. 14th at Rs 627-Rs 660 ($7.52 – $7.92) per share and fully subscribed after the first day, reports India Today. Though globally, we are the third largest by volume at Chart of the US and the Chinese state-owned firm CIMC, from a revenue perspective we are too small.”

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Transformify Freelancer Management System (FMS) Partners With Xoxoday to Boost Its Expansion Across Asia

Transformify

Transformify , a UK-based Freelancer Management System (FMS), has partnered up with Xoxoday , an HR Software company based in India that has offices in Singapore, Australia, the US, Ireland and the Philippines, to boost its expansion across Asia. During the last few months, Transformify has seen a 500% increase in demand in India alone.

Asia 98
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Startup Strategy Roundtable: Niche Marketplace Businesses Can Be Interesting

ReadWriteStart

Well, 1M/1M is focused on helping businesses generate $1M in annual revenue, whatever be the nature of the business. But our goal is to make sure that these businesses are sustainable, have customers, revenues, and profits. It turns out that in my Vision India 2020 book, I have a similar project called FDBI. Photo by kipcurry.

India 116
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Strategy Roundtable For Entrepreneurs: Exciting Companies Lined Up For Microsoft Startup Grant Finals

ReadWriteStart

During today's roundtable, we had four Microsoft BizSpark Startup India Challenge grant finalists present. Freshdesk First, Girish Mathrubootham from Chennai, India, pitched Freshdesk , a SaaS company that provides small and medium businesses with on-demand customer support software that offers multi-channel social support.

India 123
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Strategy Roundtable For Entrepreneurs: Incubators Are Reaching Out To 1M/1M

ReadWriteStart

First up, Satya Choppadhandi from Bangalore, India, presented Evolutech Networks, a company that manufactures wireless energy monitoring devices for the smart home. The smart home business is still in the very early stages in India, and it will take some time before Evolutech ramps up. These resellers buy devices from the U.S.

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Sheela Foam to Acquire 35% Stake in Furlenco

ReadWriteStart

Furlenco is a Bengaluru-based furniture and appliance rental service that operates in more than a dozen cities across India. The platform has raised over $225 million through equity and debt financing to date. In the financial year ending in March this year, the startup generated a revenue of $18.5

India 104
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Strategy Roundtable: Do Not Spray and Pray

ReadWriteStart

First up was Brad Barrett presenting GrillGrate , a grill accessory with which Brad has built a year-to-date revenue of $400,000. I will work with him on his inventory financing strategy. Add to this the Not-Invented-Here (NIH) syndrome that most e-commerce companies in India have - will they buy Indrajit's product? GrillGrate.

India 114