Chinese smartphone maker Oppo is reportedly planning to hire over 500 engineers to support its newly launched research and development (R&D) centre in Hyderabad. Over the next few years as it looks to strengthen its market presence in India by bringing more localised products and services. The BBK Electronics-led brand plans to make this facility its largest out […]
Hyderabad-based digital media firm Silly Monks has acquired a 51% stake in Chintala Sports Private Limited for an undisclosed amount. According to a press release issued by Silly Monks, Chintala Sports is the curator of Telangana Premier Kabaddi League (TPKL), a regional avatar of the hugely successful Pro Kabaddi League (PKL), in its second season in September. TPKL entered the sports league arena […]
The Swedish furniture manufacturer IKEA, which recently inaugurated its operations in Hyderabad, has announced that the company will soon be using electric rickshaws for the purpose of home delivery of its products. IKEA is one of the largest furniture retailers in the world. The company designs and sells off ready-to-assemble furniture, kitchen appliances and home […]
A payments and group dining company Zaggle has acquired Payment app Click & Pay in a cash-and-stock deal. With this acquisition, Zaggle will develop an expense management platform that would help create a vibrant corporate ecosystem where millions of corporates get the opportunity of consolidating and centralizing all travel, health and billings for other expenses […]
Rapido, the Bangalore-based bike taxi startup, is in the final phase of finalizing an A&M deal with Hyderabad-based Vave Infosolutions India Pvt. Ltd, owner of motorcycle-sharing startup Getbike, according to a report from VCCircle. The deal will allow the bike taxi company, which is run by Roppen Transportation Services Pvt. Ltd, to enter the Hyderabad […]
New Delhi, April 25, 2018: A B2B sales intelligence platform Hyperdata.IO has raised a structured round of financing of Rs 50 lakhs from Singapore based CCube Angels Network (CAN). Some of the key investors leading this round are Atim Kabra, founding partner of Frontline Strategy Limited and an active angel investor, and Abhay Deshpande, a SaaS veteran, and […]
Hyderabad-based financial company BASIX Sub-K iTransactions Ltd has raised Rs. 350 million funding to deepen their efforts towards greater financial inclusion in India. The funds were raised from global nonprofit and financial inclusion pioneer Accion, and Nordic Microfinance Initiative (NMI), a public-private partnership, owned by among others, the Norwegian and Danish governmental funds for developing countries (Norfund and IFU). The company […]
Property Rental management platform Paymatrix, which streamlines rent and deposit payments and collections by facilitating credit raised seed funding from IIITH. This Hyderabad-based end-to-end digital rent management platform becomes the first startup to be selected and supported by IIITH Seed Fund. Paymatrix enables tenant profiling, rental documentation, rent payment management and risk mitigation for thousands of tenants, […]
Technology company Smartron today said it will raise up to Rs 250 crore more and plans to more than double its workforce over the next 18 months. Smartron, a Hyderabad-based start-up today celebrated its first anniversary of the public launch and introduction of tbook, tphone, and ttab devices and tronxIoT platform. The day also marked […]
The two-day Rural Innovation and Startup Conclave (RISC2017), which aims to provide a platform to rural innovators and start-ups, today got underway at the National Institute of Rural Development and Panchayati Raj (NIRD & PR) here. “Rural Innovators Startup Conclave is a good beginning to connect all dots to take science and technology, to take […]
Healthcare startup Oxa, focused on healthcare treatment globally through individually curated medical tourism packages, has secured an undisclosed amount in seed funding from UAE based Idein Ventures. It aims to use the investment to build its technology stack and build its operations in Hyderabad. It is currently focusing on medical tourism to India and has […]
Singapore’s largest bank DBS said it is planning to hire 100 skilled professionals, in emerging and disruptive technologies across cloud, machine learning and Big Data, for its Hyderabad hub. DBS has launched the recruitment drive ‘DBS Hack2Hire’ and collaborated with leading technology providers such as Amazon Web Services, Cloudera and Pivotal for conducting the hackathon. […]