Connect with us

Latest News

US Based Startup Innovapptive Raises $1.5 Mn Funds From Hyderabad Angels

Published

on

US BASED STARTUP INNOVAPPTIVE RAISES $1.5 MN FUNDS FROM HYDERABAD ANGELS,Startup Stories,Startup Stories India,Inspiration Stories,2017 Most Read Startup Stories,Enterprise Asset Management,marketing team,enterprise software startup,customer acquisition

US-based enterprise software startup Innovapptive raised $1.5million from angel investor network ‘Hyderabad Angels.’ A spokesperson from Innovapptive confirmed this news and also shared that they will be using this funds to strengthen its sales and marketing teams, ramp up customer acquisition and also accelerate product innovation.

Director of Hyderabad Angels, Kishore Ganji will now be a part of Innovapptive’s board as a part of the deal. According to the reports, Hyderabad Angels investment in US bases startup was a strategy to expand its portfolio globally.

Hyderabad Angels transferred the funds to Innovapptive in December 2016 and the latter posted 400% revenue growth in the Q1 of 2017. In this context, Kishore Ganji said: “We are pleased to see 400% revenue growth for Innovapptive in Q12017 with the infusion of additional capital.”

Hyderabad Angels were established in early 2012 and consists a group of investors that includes VC’s, business leaders as well as entrepreneurs.

Innovapptive is a provider of highly configurable cloud-based enterprise mobile solution framework for EAM (Enterprise Asset Management) field operations and supply chain transactions.

Sundeep Ravande, President and Co-founder of Innovapptive said: “We’re just scratching the surface of how powerfully a configurable framework for mobile workforce management solutions can address the exponential demand that enterprises are experiencing.”

Hyderabad Angels, last year led a series of funding in Bengaluru-based edtech startup ePaathshala. It also invested in an adventure driven travel marketplace Thrillophilia and also in OnlinePrasad, an e-portal for devotees.

Continue Reading
Advertisement
1 Comment

1 Comment

  1. Efvzyudc

    May 27, 2025 at 3:06 pm

    Explore the ranked best online casinos of 2025. Compare bonuses, game selections, and trustworthiness of top platforms for secure and rewarding gameplaycasino activities

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest News

Kerala Startup E-Quark Launches Innovative Mobile Holder with Built-In Charger

Published

on

Equark - StartupStories

Kerala-based startup E-Quark Molecule Innovations Pvt Ltd, headquartered in Thrissur, has introduced an innovative device called Keratin that combines a mobile phone holder with a built-in charger. This unique gadget is designed to offer users a convenient solution to hold and charge their smartphones simultaneously, addressing the common challenge of managing power supply while using mobile devices.

The device enhances user experience by integrating two essential functions into one compact design. It securely holds the phone while providing efficient charging, making it perfect for use on desks, bedside tables, or other personal spaces where easy access and power are needed. This innovation aligns with the growing trend of multifunctional mobile accessories that prioritize both convenience and practicality.

E-Quark Molecule Innovations is a key player in Kerala’s dynamic startup ecosystem, which has been rapidly expanding in tech-driven areas such as electric vehicle charging infrastructure. With the launch of this mobile holder-charger, the company is establishing itself as a leader in user-centric mobile accessories, further cementing Kerala’s position as a hub for cutting-edge technology development.

Continue Reading

Latest News

New Instagram Features Let Users Customize Profiles and Share Quietly

Published

on

Instagram Grid

Instagram is rolling out two major features in June 2025 that promise to give users unprecedented creative control and privacy: grid rearranging and silent posting. The long-awaited grid rearranging tool allows users to freely drag and drop posts anywhere on their profile grid, breaking away from the traditional chronological order. This means users can now curate their profiles for a more visually appealing or thematic presentation, without the hassle of deleting and reposting content—an update especially welcomed by brands, creators, and anyone meticulous about their digital aesthetic.


In tandem, Instagram is introducing the “Post quietly to profile” feature, which lets users add photos and videos to their grid without notifying followers or pushing the content to their feeds. This silent posting option is ideal for those who want to document moments privately, experiment with new content, or maintain a cohesive grid without spamming their audience. It’s designed to reduce the pressure of public sharing, making Instagram a more comfortable space for personal expression and experimentation.

 

These updates reflect Instagram’s commitment to user empowerment and flexibility, responding directly to years of feedback. As Instagram head Adam Mosseri stated, the goal is to help users “create and share without added pressure,” giving them more freedom over how their content appears and how they engage with their audience.

Continue Reading

Latest News

Zepto Delays IPO to Focus on Profitability and Indian Ownership

Published

on

Zepto - StartupStories

Overview

Zepto, a leading quick commerce startup, has postponed its planned IPO to early 2026, shifting its focus to achieving profitability and increasing Indian shareholding before going public.

Key Reasons for Delay

  • Profitability Focus: Zepto aims to reach EBITDA break-even before listing, unlike many tech firms that went public while still loss-making.
  • Market Uncertainty: Ongoing global and domestic market volatility influenced the decision to wait for more stable conditions.
  • Peer Comparison: The company wants to present a stronger profit profile, learning from the performance of rivals like Swiggy and Zomato (now Eternal).

Boosting Domestic Shareholding

  • Target: Zepto plans to raise Indian ownership to at least 51% to comply with FDI norms and reinforce its Indian identity.
  • Actions: The company is conducting secondary share sales to Indian investors and founders are increasing their stakes by buying from foreign investors.
  • Progress: Domestic ownership has reached about 40-44%, with expectations to surpass 51% before the IPO.

Financial and Operational Updates

  • Efficiency Drive: Zepto is optimizing operations, running over 900 dark stores and offering 48,000 SKUs, to reduce cash burn and move toward profitability.
  • Challenges: The company faces stiff competition from Swiggy Instamart and Blinkit, leading to higher costs, and has dealt with operational pauses and regulatory scrutiny in some regions.

Outlook

Zepto remains positive about its future, aiming to raise around $800 million in its IPO and attract both domestic and international investors. CEO Aadit Palicha emphasizes building a sustainable, majority Indian-owned business before entering the public market.

Summary: Zepto’s IPO delay reflects a strategic focus on financial stability and regulatory compliance, with profitability and Indian ownership at the forefront.

Continue Reading
Advertisement

Recent Posts

Advertisement