The Microsoft Accelerator announced the graduation of its second India batch of technology startups, which is also its Summer Batch of 2013, today. At a Demo Day held at the Microsoft Lavelle Road office here, the 200 plus audience of mentors, industry bigwigs, venture capitalists, angel investors and media professionals witnessed the amazing progress made by each company over the last four months at the Microsoft Accelerator. The nine startups which graduated today are explara, deck, Harness, i7 Networks, iDOS, SupportBee, TableGrabber, Tuebora and Visarity. Continue reading Nine startups graduate from Microsoft Accelerators
Home furnishing is an expanding market in India. Dominated by the unorganised sector, a plenty of export houses have now started exploring the Indian retail scenario as quality becomes key for Indian consumers.
Some key facts about the industry:
- Home Decor is almost a $15-$20 billion category including offline and online.
- Out of this $20 billion market 40 per cent – 50 per cent is furniture and rest are pure home decor items such as cutlery, kitchen items, fancy lamps etc.
- In furniture, out of 40 per cent, 25 per cent is the larger furniture items such as sofa, beds etc and rest small furniture items such as linen, bar table, chair , stools etc.
- There is a huge scope of this 25 per cent of smaller furniture items and rest 60 per cent of pure home decor items in online because of their smaller sizes, not much need of touch and feel and easy logistics comparatively.
By far the most fetching sight in a home is an array of sparkling silverware, well polished and winking in delight at its own splendour! But maintaining the pristine glow is a herculean task particularly during monsoons when the humidity levels rise above normal. Silver is happiest sitting in dust free and moisture free environment – a near impossibility in India! Sulphur is an arch enemy of sterling silver and is found in water, air, food, open drains and fuel emissions. Make your silver display area free of such exposure.
The European sanitaryware and tableware brand, Villeroy & Boch has entered into a joint venture with India’s leading fashion and luxury conglomerate, Genesis Luxury Fashion Pvt Ltd. Under the agreement, Genesis will be exclusively marketing, distributing and selling the tableware range of the European brand. Nearly two digit million investment will be made in the venture.
Rains are the most awaited every year as they kill the “ohh so” scorching heat. Taking you away from the summers, monsoon is always a season of fun, love and enjoyment, whether its with family, friends or that special someone. So as you enjoy this season why not do it fashionably. We share a few products that let you get drenched bright in style.