• BURN MEDIA
    • Memeburn
      Tech-savvy insight and analysis
    • Gearburn
      Incisive reviews for the gadget obsessed
    • Motorburn
      Because cars are gadgets
    • Jobsburn
      Digital industry jobs for the anti 9 to 5!

Startup news

  • India is home to 3rd-biggest startup ecosystem in the world, says report

    In what should come as heartening news for Indians after being placed at No. 142 in the World Bank's Doing Business ratings, India has been ranked as the third-largest startup ecosystem in the world, behind the USA and UK. The India Startup Report 2014, released at the three day National Association of Software and Services Companies (NASSCOM) Product Conclave 2014 in Bangalore, also says that the country's startup ecosystem is the fastest-growing in the world. The following were the key findings of this study: More than 800 startups are being set up in the country every year. There are nearly 3 100 startups in India...

  • SnapScan finally brings mobile payments to parking in Cape Town

    If you're lucky enough to find it, parking in South Africa's cities can be super expensive. Although few can really change the prices of these cherished spots, there is at least one company that can make the experience of paying for them somewhat easier. SnapScan's mobile payment app has been popular in the restaurant space over the past few years, and recently allowed people to pay for the Big Issue magazine at intersections and has also been implemented by local crowdfunding site Thundafund for "on-the-ground" engagement. As exciting as the the Standard Bank-backed service has been for everyone involved, it...

  • TaxTim now lets South Africans file their taxes straight into SARS

    South Africa's dreaded tax season is finally drawing to a close. As 21 November approaches, local startup TaxTim is now introducing a one-click solution so we can now file our tax returns straight into South African Revenue Service (SARS). Celebrating its third birthday, until now TaxTim has focused on assisting South Africans with completing their income tax return forms correctly online. Essentially, the company went on a mission to make filing taxes enduring, if not fun. "We are very excited to finally offer professional assistance throughout the entire customer journey, from registration through to submission. Now you might ask, 'Why eFile...

  • Internfit hopes to address SA’s issue of youth unemployment

    South Africa's skills industry has been a hot topic of late. With an estimated 50% of citizens between the ages of 15 and 24 considered unemployed, it's to no-one's surprise. On a mission to address the country's growing number of youth unemployment, Internfit is an online platform that sits in between the demand and supply of internship positions in SA's complicated jobs industry. "One would imagine that in a skills-starved economy they are in high demand, but unfortunately finding an internship can be an extremely frustrating experience," explains David Feinberg, the founder of Internfit, referring to both employers and students...

  • Softbank investment sees Snapdeal push past $1bn in funding

    Japan’s SoftBank Group announced today that it would invest US$627 million in Indian online retailer Snapdeal. With this latest funding, Softbank will become the leading investor in Snapdeal. Existing investors have also participated in this round with a significant undisclosed investment. Nikesh Arora, Vice Chairman of SoftBank Corp and CEO of SoftBank Internet and Media, Inc (SIMI) will be joining the board of Snapdeal as part of this strategic investment. This is the largest investment made by a single investor in an e-commerce company in India. Masayoshi Son, Chairman and CEO of SoftBank Corp said, “Since SoftBank’s foundation, our mission has been to...

  • SA startup hopes to raise $100k with innovative Wi-Fi enabled ‘whiteboard’

    Whiteboards, pinboards and chalkboards are old-school. At least this is what WriteBoard Technologies -- a South African startup that hopes to change the ways in which businesses brainstorm, teachers teach and households stay on the same virtual page -- thinks. The startup is hoping to raise funding via the crowdfunding site, Indiegogo, with an ultimate goal set at US$100 000. Pretty ambitious. The funds are needed "to finalise mass production strategies and align with partners who can assist in certain aspects of the manufacturing process," reads the project page. In essence, the startup's flagship product the WriteBoard, is...

  • Spark International is calling for 15 savvy change-makers from Kenya, SA

    Spark International is calling for social entrepreneurs from South Africa and Kenya for its 2015 intake. Fifteen entrepreneurs will be chosen to partake in the Spark accelerator for a week either in Johannesburg, South Africa or Nairobi, Kenya. The chosen ventures will then have access to world-class entrepreneurship training, work with other change-makers and ultimately pitch at Demo Day in front of investors, philanthropists and other industry experts. Although the accelerator process only lasts seven days, Spark will continue to support entrepreneurs for three years, which will award them free access to legal, business, graphic design and research support. Through the...

  • SA crowdsource design startup Springleap secures R4m+ Angel round

    South African crowdsource design startup Springleap has just announced that it has secured a seed round of US$400 000 (R4.1-million) from a mix of South African and British Angel Investors including Colenso Capital, Clearwater, Kevin Gaskell and Crystal Bay Capital. Chairman of Springleap advisory board Kevin Gaskell, who is also the former MD of Porsche and BMW, boasts that "the team at Springleap had gained significant traction in a short amount of time with Fortune 500 brands and have a big vision to empower the creative industry." The investment will be used to help fuel expansion throughout Africa and beyond. “With...

  • Tiphub hosts inaugural Diaspora Demo Pitch Competition

    Tiphub, the mentorship-driven accelerator and business consultancy that develops and supports seed-stage technology and social impact ventures within the African diaspora, has announced its first annual Diaspora Demo Day pitch competition. The competition will be held in celebration of Global Entrepreneurship Week and will be hosted in conjunction with the She Leads Africa and the African Technology Foundation on 22 November 2014. This event will take place in the World Bank's Preston Auditorium in Washington, DC. Diaspora Demo Day is a social impact pitch competition and the largest gathering of African startups, entrepreneurs and investors outside of the continent of...

  • Global business e-registration portal hopes to boost startup growth in Africa

    This is pretty awesome. Time and time again we have written about how business registration and red tape are some of the key obstacles to businesses development across the globe, especially in many parts of Africa. This might start to change, however. A new simplified online registration system, called the Global Enterprise Registration, has been introduced in an effort to boost business growth in Africa and other emerging markets. The initiative was launched at the World Investment Forum 2014 by the United Nations Conference on Trade and Development (UNCTAD) and Global Entrepreneurship Week (GEW) this week. Registering a business is too often a...

WP Twitter Auto Publish Powered By : XYZScripts.com