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Truebil
Truebil.com is a Mumbai-based company, which operates virtual marketplace for trading used cars in Mumbai, Bangalore and Delhi, along with a retail vertical called Truebil Direct. Launched on 13 March 2015. Truebil uses artificial intelligence (AI) algorithms to predict the ideal price of used cars based on parameters like the condition of the car, geographical factors, and seasonal factors. History Truebil was co-founded by seven ex-Indian Institutes of Technology, IITians namely Suraj Kalwani (CEO), Ravi Chirania, Shubh Bansal, Rakesh Raman, Ritesh Pandey, Shanu Vivek, and Himanshu Singhal in 2015. Truebil has a presence in 4 Indian cities: Delhi, Mumbai, Hyderabad and Bangalore. Finance/Funding Kae Capital and angel investor Anupam Mittal invested a sum of $500,000; Kalaari Capital, Inventus Capital and Tekton Ventures pumped $5.15 million as Series-A funding. It has also received an additional $3 million from Shunwei Capital in Follow-on Series A round, Series A funding ...
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Shunwei Capital
Shunwei Capital () is a Beijing-based venture capital Venture capital (often abbreviated as VC) is a form of private equity financing that is provided by venture capital firms or funds to start-up company, startups, early-stage, and emerging companies that have been deemed to have high growth poten ... firm founded in 2011. It was founded by Lei Jun (the Organizational founder, founder and Chief executive officer, CEO of Xiaomi) and Tuck Lye Koh. The firm focuses on investing in the technology sector in China as well as other countries such as India and Indonesia. Background Shunwei Capital was founded in 2011 by Lei Jun and Tuck Lye Koh. Both of them were experienced with the technology scene in China. Lei was previously the Chief executive officer, CEO of Kingsoft until 2007 as well as founder of Xiaomi in 2010 while Koh was a Singaporeans, Singaporean who worked in China for GIC (Singaporean sovereign wealth fund), GIC and Starr Companies, C.V. Starr Investment Advisors de ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange ( listed company), which facilitates the trade of shares, or not ( unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), ...
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Artificial Intelligence
Artificial intelligence (AI) is intelligence—perceiving, synthesizing, and inferring information—demonstrated by machines, as opposed to intelligence displayed by animals and humans. Example tasks in which this is done include speech recognition, computer vision, translation between (natural) languages, as well as other mappings of inputs. The ''Oxford English Dictionary'' of Oxford University Press defines artificial intelligence as: the theory and development of computer systems able to perform tasks that normally require human intelligence, such as visual perception, speech recognition, decision-making, and translation between languages. AI applications include advanced web search engines (e.g., Google), recommendation systems (used by YouTube, Amazon and Netflix), understanding human speech (such as Siri and Alexa), self-driving cars (e.g., Tesla), automated decision-making and competing at the highest level in strategic game systems (such as chess and Go). ...
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2015 Establishments In Maharashtra
Fifteen or 15 may refer to: * 15 (number), the natural number following 14 and preceding 16 *one of the years 15 BC, AD 15, 1915, 2015 Music *Fifteen (band), a punk rock band Albums * ''15'' (Buckcherry album), 2005 * ''15'' (Ani Lorak album), 2007 * ''15'' (Phatfish album), 2008 * ''15'' (mixtape), a 2018 mixtape by Bhad Bhabie * ''Fifteen'' (Green River Ordinance album), 2016 * ''Fifteen'' (The Wailin' Jennys album), 2017 * ''Fifteen'', a 2012 album by Colin James Songs * "Fifteen" (song), a 2008 song by Taylor Swift *"Fifteen", a song by Harry Belafonte from the album '' Love Is a Gentle Thing'' *"15", a song by Rilo Kiley from the album '' Under the Blacklight'' *"15", a song by Marilyn Manson from the album ''The High End of Low'' *" The 15th", a 1979 song by Wire Other uses *Fifteen, Ohio, a community in the United States * ''15'' (film), a 2003 Singaporean film * ''Fifteen'' (TV series), international release name of ''Hillside'', a Canadian-American teen drama ...
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Series A Round
A series A round (also known as series A financing or series A investment) is the name typically given to a company's first significant round of venture capital financing. The name refers to the class of preferred stock sold to investors in exchange for their investment. It is usually the first series of stock after the common stock and common stock options issued to company founders, employees, friends and family and angel investors. Series A rounds are traditionally a critical stage in the funding of new companies. Series A investors typically purchase 10% to 30% of the company. The capital raised during a series A is usually intended to capitalize the company for 6 months to 2 years as it develops its products, performs initial marketing and branding, hires its initial employees, and otherwise undertakes early stage business operations. It may be followed by more rounds ( Series B, Series C, etc). Sources of capital Because there are no public exchanges listing their ...
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Kalaari Capital
Vani Kola is an Indian venture capitalist. She is the founder and managing director of Kalaari Capital, an Indian early stage venture capital firm. She was listed as one of the most powerful women in Indian business by ''Fortune India'' in 2014. Early life and education Vani Kola was born in in Hyderabad, Andhra Pradesh (now Telangana), India. She commenced her post-secondary education at age 16. She attended Osmania University in Hyderabad, where she studied electrical engineering and was "one of six girls among 400 engineering students". She earned her Bachelor of Engineering before leaving India in the late 1980s to pursue her Master of Engineering from Arizona State University in the United States. Career Silicon Valley Kola had a 22-year career in Silicon Valley. A serial entrepreneur, she was the founder and CEO of the e-procurement company RightWorks, selling the company to ICG after four years for $657 million. She was then the founder and CEO of Certus Software. Ve ...
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Angel Investor
An angel investor (also known as a business angel, informal investor, angel funder, private investor, or seed investor) is an individual who provides capital for a business or businesses start-up, usually in exchange for convertible debt or ownership equity. Angel investors usually give support to start-ups at the initial moments (where risks of the start-ups failing are relatively high) and when most investors are not prepared to back them. In a survey of 150 founders conducted by Wilbur Labs, about 70% of entrepreneurs will face potential business failure, and nearly 66% will face this potential failure within 25 months of launching their company. A small but increasing number of angel investors invest online through equity crowdfunding or organize themselves into angel groups or angel networks to share investment capital, as well as to provide advice to their portfolio companies. Over the last 50 years, the number of angel investors has greatly increased. Etymology and origi ...
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Indian Institutes Of Technology
The Indian Institutes of Technology (IITs) are central government owned public technical institutes located across India. They are under the ownership of the Ministry of Education of the Government of India. They are governed by the Institutes of Technology Act, 1961, declaring them as Institutes of National Importance and laying down their powers, duties, and framework for governance as the country's premier institutions in the field of technology. The act currently lists twenty-three IITs. Each IIT has autonomy and is linked to others through a common council called the IIT Council, which oversees their administration. The Minister of Education of India is the ex officio Chairperson of the IIT Council. List of institutes History The history of the IIT system nearly dates back to 1946 when Sir Jogendra Singh of the Viceroy's Executive Council set up a committee whose task was to consider the creation of ''Higher Technical Institutions'' for post-war ind ...
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Business Standard
''Business Standard'' is an Indian English language, English-language daily edition newspaper published by Business Standard Private Limited, also available in Hindi. Founded in 1975, the newspaper covers the Economy of India, Indian economy, infrastructure, international business and trade, stock and currency markets, corporate governance, and a range of other financial news, opinions and insights. The main English-language edition comes from 12 regional centers, Mumbai, New Delhi, Kolkata, Bangalore, Bengaluru, Coimbatore, Chennai, Ahmedabad, Hyderabad, India, Hyderabad, Chandigarh, Pune, Lucknow, Bhubaneswar, and Kochi (India), Kochi, and reaches readers in over 1,000 towns and cities across India. History The newspaper's initial owner had been the Kolkata-based ABP Group. Circulation was rising, but losses were rising, possibly to above Rupee, Rs 50 crore, and ABP could not support it. ABP hoped that the government would allow Financial Times to take an equity stake in Busi ...
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Asian News International
Asian News International (ANI) is an Indian news agency that offers syndicated multimedia news feed to news-bureaus in India and elsewhere. Established by Prem Prakash in 1971, it was the first agency in India to syndicate video news and , is the biggest television news agency in India. The news agency has been criticized for having served as a propaganda tool for the incumbent central government, distributing materials from a vast network of fake news websites, and misreporting events. History Establishment and early years (1971–2000) Prem had started his career in the field of photography before being employed by Visnews (and Reuters) as a photojournalist, where he went on to cover some of the most significant historical events in post-independence India. A significant figure in the domain of news and documentary film-making in the 1970s, he commanded considerable respect among foreign journalists and film-makers, and were conferred with the MBE. In 1971, Prem estab ...
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Delhi
Delhi, officially the National Capital Territory (NCT) of Delhi, is a city and a union territory of India containing New Delhi, the capital of India. Straddling the Yamuna river, primarily its western or right bank, Delhi shares borders with the state of Uttar Pradesh in the east and with the state of Haryana in the remaining directions. The NCT covers an area of . According to the 2011 census, Delhi's city proper population was over 11 million, while the NCT's population was about 16.8 million. Delhi's urban agglomeration, which includes the satellite cities of Ghaziabad, Faridabad, Gurgaon and Noida in an area known as the National Capital Region (India), National Capital Region (NCR), has an estimated population of over 28 million, making it the List of metropolitan areas in India, largest metropolitan area in India and the List of urban areas by population, second-largest in the world (after Tokyo). The topography of the medieval fort Purana Qila on the b ...
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Shubh Bansal
Shubhneet Singh better known by his stage name Shubh is a singer and rapper who works predominantly in Punjabi music. He rose to mainstream in 2021 with his single "We Rollin". His singles have charted on the UK Asian and UK Punjabi charts published by the Official Charts Company, as well as the Official New Zealand Chart. His single "Baller" charted on the ''Billboard'' Canadian Hot 100. He has a large fan following within the Sikh diaspora The Sikh diaspora is the modern Sikh migration from the traditional area of the Punjab region of India. Sikhism is a religion, the Punjab region of India being the historic homeland of Sikhism. The Sikh diaspora is largely a subset of the Pun ... across Canada, United Kingdom, United States, and Australia. Discography As lead artist As featured artist References Living people Punjabi rappers Punjabi-language singers Indian singer-songwriters Indian hip hop singers Canadian singer-songwriters Canadian hip hop singers De ...
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