Microsoft today said Bala Girisaballa will be leading Microsoft Accelerator in India as CEO-in-Residence. Prior to this, Bala was with Globalisation and market expansion advisory Zinnov as Partner and Practice Head helping MNC R&D companies. He took charge of the Accelerators India operations, with effect from August 1. Microsoft also announced that Ravi Narayan, Director, […]
Microsoft Accelerator in India and TCS Co-Innovation Network have announced a joint initiative to create a platform that provides a boost to the Indian startup ecosystem. Under the collaboration, an open innovation framework will be created to mentor and engage with startups to bring their innovative solutions to market. The announcement was made at Think […]
Nagraj Kashyap, the Corporate VP of Microsoft Ventures announced a new early-stage investment group of Microsoft called Microsoft Venture. The entity will look after investment in early age startups. In his blog, Nagraj mentioned, The Microsoft Venture name was assumed from an existing team within our Developer Evangelism team. That team has now been rebranded […]
The international technology giant Microsoft has reportedly acquired an Austin-based software developer called Xoxco. This acquisition has marked the fourth AI-related company Microsoft has purchased this year. Founded in 2009, Xoxco has raised $1.5 million. It began working on bots in 2013, and is credited with developing the first bot for Slack to help schedule meetings. However, […]
There are over 500 startup accelerators in the US and over 1000 worldwide. Most accelerators are aligned with Universities (at over 35%), some are government funded (local government mostly) at 29% and some (15%) get grants from rich individuals and institutions such as Kauffman Fund. The remainder (21%) are privately funded accelerators such as 500 […]
After a three-year stint, Mukund Mohan, Director of Microsoft Ventures is leaving the organization run by the Redmond-based software giant. In his personal blog he wrote, 3 years ago to the month, I was at the crossroads. Having moved back to India and grown, then sold BuzzGain, I had started my next startup and had […]
One of India’s leading technology based developed state Telangana has launched country’s first official state e-wallet called T-wallet. The newly launched e-wallet offers any digital payments with in the state with no additional charge for the citizens. The Microsoft Accelerator alum startup Transaction Analysts has partnered with Telangana to develop T-Wallet which uses two factor authentications, through […]
US-based ad tech startup AdPushup, creator of a patent-pending ad layout optimization platform, has secured an undisclosed amount of financing as part of its Series A round led by Geniee Inc , whose major shareholder is SoftBank Group Corp; other investors include Purvi Capital, and existing investors have also participated in the round. The companies […]
Edutech startup Board Infinity raises $320k funding from a group of angel investors.
Reliance Industries Ltd has created a disruption in the market ever since the launch of Reliance Jio. Not only that, it also plans to own other segments through its latest in technologies services like Reliance Jio Fiber Broadbands.
Qualcomm Ventures, the venture investment arm of US-based chip maker Qualcomm Inc which has a USD 150 million India-focused fund, expects 2017 to be a better year for the startup ecosystem, especially early stage companies. “2016 was the hardest year, and that is behind us. 2017 will be a better year. There was a crunch […]
Recent Global News Highlights Report: TutorGroup, a Shanghai-based online language learning provider, raised nearly $200M in Series C round, led by Singaporean sovereign fund, GIC and Goldman Sachs bringing its valuation to over $1B Varsity Tutors, an online platform connecting students with tutors for in-person and online sessions, raised $50M in Series B round led […]