Nursery admissions: HC seeks Delhi govt’s reply on management quota case

In a bid to make the admissions process transparent, Delhi chief minister Arvind Kejriwal on 6 January scrapped management quota and all other quotas with the exception of  a 25% for economically weaker sections. Photo: HT

In a bid to make the admissions process transparent, Delhi chief minister Arvind Kejriwal on 6 January scrapped management quota and all other quotas with the exception of a 25% for economically weaker sections. Photo: HT

New Delhi: The Delhi high court on Monday issued notice to the Delhi government on two petitions brought on behalf of private schools seeking quashing of an order by which the government sought to scrap management quota and other criteria for nursery admissions in private schools.

The court, however, said that to avoid confusion in the ongoing admission process, parents need to fill forms as per criteria already uploaded by schools but their scrutiny would be subject to the final outcome in the case.

In a bid to make the admissions process transparent, Delhi chief minister Arvind Kejriwal on 6 January scrapped management quota and all other quotas with the exception of a 25% for economically weaker sections.

Justice Manmohan, before whom the matter was brought, questioned the Delhi government over how it could operate without legal sanction and the reason for the delay in issuing the order.

The court also observed that there was an earlier single-judge order of the Delhi high court which had granted autonomy to schools to decide on criteria for admission. The matter is still pending before the court.

Calling the order “arbitrary, discriminatory and one without legal sanction”, Rajiv Narula, representing Action Committee of Unaided Recognised Private Schools, told the court, “Delhi government did not have jurisdiction to pass such an order. Also, autonomy of the private schools cannot be questioned. Autonomy has also been recognised under the Delhi School Education Act, 1973.”

Seeking a stay on the Delhi government order, pleas by Forum for Protection of Quality Education For all and Action Committee of Unaided Recognised Schools, a body of more than 400 private unaided schools functioning in Delhi, moved the court on 15 January.

The two bodies, representing various private schools across Delhi, claimed that the order of the Delhi government was “one without any jurisdiction and liable to be quashed”.

The matter will be heard next on 28 January.

[“source-Livemint”]

Contract management software company Icertis raises $15 million

Icertis has customers like Cognizant, HBO, Microsoft, and Skullcandy and claims their platform is used by more than 500,000 professionals across legal, procurement, finance and sales departments to manage 2 million contracts in about 40 languages.Icertis has customers like Cognizant, HBO, Microsoft, and Skullcandy and claims their platform is used by more than 500,000 professionals across legal, procurement, finance and sales departments to manage 2 million contracts in about 40 languages.

Bengaluru: Icertis Inc., a firm that makes software for companies to create and manage contracts, enabling them to shorten sales cycles and optimise costs, said it has raised $15 million in a series B funding round led by Ignition Partners, with participation from Eight Roads Ventures (formerly Fidelity Growth Partners).

The news was first reported by the Economic Times.

The firm, which earlier raised $6 million, plans to use the funds to expand global operations and invest in marketing.

Headquartered in Seattle, it has offices in Pune and Mumbai in India.

“Icertis has grown rapidly since our investment last year and has scaled up its capabilities across the entire contract life-cycle. The company has some of the best business metrics across enterprise SaaS companies that we have evaluated. We are excited to strengthen our partnership with Icertis and its exceptional management team as the company embarks on its next phase of growth,” said Kabir Narang, Partner at Eight Roads Ventures, in a statement.

Icertis has customers like Cognizant, HBO, Microsoft, and Skullcandy. The company claims their platform is used by more than 500,000 professionals across legal, procurement, finance and sales departments to manage 2 million contracts in about 40 languages.

“Business leaders are rapidly recognizing that contract management is a company-wide strategic business process more so than a transactional departmental activity, and they are looking for a holistic platform like ICM to address their needs,” said Samir Bodas, chief executive officer, Icertis, in the statement.

[“source-Livemint”]

India Funding Roundup: A Reproductive Health Tracker, Task Management App, and More

India Funding Roundup: A Reproductive Health Tracker, Task Management App, and More

Our latest funding roundup compiles seed stage investments in startups in the sectors of in healthcare, AI-driven analytics, virtual reality, food delivery, and on-demand services.

LoveCycles
Bengaluru-based Plackal, creators of the menstrual cycle tracking app LoveCycles announced Hindi language support for its app on Tuesday, and disclosed that it has secured Rs. 5 crores from seed-stage investors, Prime Venture Partners. LoveCycle’s apps, available on Android, iOS, and Windows Phone, have clocked more than six million downloads across 190 countries worldwide.

vPhrase Analytics
Seed investment firm Venture Catalyst and other other angels from the VCats network have invested an undisclosed sum in vPhrase Analytics, an AI platform that helps companies communicate insights in data and in words, at scale. The Mumbai-based startup provides a patent pending platform called Phrazor that can parse structured data and communicate insights in words and in multiple languages.

Dunzo
Bengaluru-based on demand task management startup Dunzo has reportedly raised $650,000 (roughly Rs. 4.3 crores) in a pre-Series A round of funding from Aspada and Blume Ventures, and other angels. Operational in Bengaluru, Dunzo fulfilment areas are centred around shopping, repairs, shipping, home services currently offers an app on iOS, and lets users create to-do lists that are outsourced.

(Also read: Roundup: Indian Apps to Outsource Your Everyday Tasks)

Mygubbi
Bengaluru-based online interior home décor and furnishing company, Mygubbi, has reportedly raised $2.5 million in seed funding from angel investors. Founded in 2015, the startup provides an e-commerce platform that offers interior and furnishing solutions to buyers, and claims 50 successful home completions till date.

SmartVizX
Noida-based virtual reality startup SmartVizX has reportedly raised $500,000 (roughly Rs. 3.3 crores) in seed funding from Indian Angel Network (IAN) and Stanford Angels and Entrepreneurs India (SA&E India). Founded in February 2015 by Gautam Tewari and Tithi Tewari, the company plans to use the funds to expand its team and expand its R&D operations.

Medidaili
Healthcare startup Medidaili has reportedly raised $100,000 (roughly Rs. 67 lakhs) in angel funding from a consortium of private investors. Founded in November 2015, the startup offers an Android app for booking and comparison of diagnostic tests and health check-up packages, operational in Bengaluru and Indore.

(Also read: Roundup: 10 Indian Healthcare Startups You Should Know About

Cookaroo
Bengaluru-based food delivery startup Cookaroo has reportedly secured an undisclosed sum of angel funding, and plans to expand its operations in Bengaluru and Hyderabad. The startup currently offers an Android app for food ordering, says that it utilises commercial kitchens to address problems at the supply side.

[“Source-Gadgets”]