Bengaluru based Scooter Sharing platform Metro Bikes, renamed now ‘Bounce’, has raised $12.2 million series A funding led by Sequoia India and Accel Partners. Raghunandan G, Founder of TaxiForSure, and other angel investors have also participated in this round. The funding will use to scale up its network of 2,000 scooters in Bengaluru to 30,000 in […]
Health and fitness startup Cure.fit today said it has raised USD 120 million funding (Rs 824 crore) in new round of funding led by IDG Ventures, Accel Partners and Kalaari Capital. The series C round funding also saw participation from Chiratae Ventures and Oaktree Capital, Cure.fit said in a statement. “The fresh investment will enable […]
The Bengaluru based online education startup Edureka has reportedly secured an amount of $2 million in its first round of funding from privately funded venture investor known as Leo Capital. With the help of the amount raised through this funding, the company intends to reach the aggressive growth targets and bring in more senior expertise […]
Google has announced a new four-month training programme for gaming startups and developers in Asia as a special edition of Google Launchpad Accelerator. Dubbed as “Indie Games Accelerator Programme“, Google is targetting gaming start-ups based in India, Indonesia, Malaysia, Pakistan, Philippines, Singapore, Thailand or Vietnam who will have an opportunity to work with mentors from […]
SigTuple, an AI-based healthcare startup has raised 19 million i.e approximately Rs. 130 crores in a Series B round led by IDG Ventures and Accel Partners. The investment round also saw participation from pi Ventures, Flipkart’s executive chairman Binny Bansal, Endiya Partners, Axilor Ventures. The Bengaluru-based company plans to use the funds in the expansion […]
Conventional anti-virus products do not have the same impact on system performance that they used to back in the single core days. Thanks to Intel, as it has come up with a new technology called Accelerated Memory Scanning (AMS) that will help to reduce scanning load on machines with sky lake and newer CPU’s. AMS […]
Accel Partners, a private equity investment firm has invested about Rs 40 crore in online freight logistics firm Cogoport. In a press release, the Cogoport said, “it has secured Series A funding round from Accel Partners, however, the company did not disclose the amount it has raised but according to our sources the amount is around […]
Green Tech Startup Facilio raised a funding round of around $1.5 million from Accel Partners. Founded in March 2017 by former Zoho Executives Prabhu Ramachandra, Rajavel Subramanian and Yogendra Babu, the firm runs facilities on autopilot from maintenance to sustainability; meaning that it manages to build operations in real time across a collection of buildings […]
Gurgaon based Jaarvis accelerator is shutting down its India operations, as per news reported by leading news platform. The team of Jaarvis including Saumyajit Guha (Co-principal) also left the accelerator in October 2017. The accelerator, which had set up its shop in India in 2015, is also in the process of writing off investments in […]
Silicon Valley- and Pune-based enterprise storage startup PrimaryIO, Inc. has raised $5.6 million in seed funding from Accel Partners, Exfinity Venture Partners and Partech Ventures. PrimaryIO will be using the funds to expedite its product development efforts. “This investment will help accelerate product development to bring innovation to the enterprise IT customers that are dealing […]
Axis Bank has selected three fintech startups from its ‘Thought Factory’ accelerator programme, to incorporate solutions in operational efficiency, lending and tax planning which it will commercially deploy at its business units, it announced at an event in Bengaluru on Friday. The bank will collabborate with Pally, FintechLabs and Gieom out of the six startups, namely […]
NetApp today announced launch of NetApp Accelerator programme, the company’s first startup accelerator here, which will provide startups with access to productivity tools and networking opportunities with potential investors. The programme will provide an equity-free grant of USD 15,000 to these startups on completion of the programme, NetApp India Senior Vice President and Managing Director Deepak […]