DigitalSumit: Travel & LifeStyle Blog

Startup scene in India has witnessed dynamic growth in 2015, whether it is technology, fashion portals, cab-hailing or grocery apps. India ranked amongst the 4th largest startup hub globally with thousands of startups in the country. Our Prime Minister Mr. Narendra Modi also ignited the minds of Indian’s with his statement on Independence day’ 2015 “Startup India, Stand up India”. According to data compiled by YourStory Portal, startups had raised $1.7 billion in Q1 2015 alone. The number of deals in Q2 2015 has increase by around 50% from the previous quarter. In the past two-quarters, the ecosystem has attracted savvy investors of the world from Softbank to DST Global. So, Last month I have penned down a couple of startup funding stories like Styletag, Goodbox, Cashkaro, ScoopWhoop, Ola & Grofers . Styletag : Fashion Portal for Designer Clothing Styletag , a fashion flash sales site in India, has landed $7.5 million in angel funding from Jitu V