Flipkart founders Binny and Sachin Bansal and three other executives have found themselves into another legal battle. As per the recent report by TOI a Bengaluru businessman Naveen Kumar, owner of C-Store Company has filed an FIR against them for a Rs 9.96 crore fraud. The copy of FIR with TOI quoted sales director Hari, […]
The digital milkman startup, Doodhwala, has raised an undisclosed amount of funding in its pre-Series A round from investor Tom Varkey, a partner at Stonehill Capital, USA.
Goodera, a global CSR & Sustainability Management technology platform, co-headquartered in Bangalore and Menlo Park, today announced its Series A round of funding of $5.5mn from Nexus Venture Partners and Omidyar Network. Varsha Rao, previously Head of Global Operations at Airbnb also participated in this round along with other prominent angels. Goodera is a CSR […]
E-commerce major Flipkart today announced a hackathon to crowdsource “innovative”, “implementable” solutions from the tech community and concerned citizens, that could help ease the cities perennial traffic problem. Termed “Gridlock Hackathon,” the initiative marks the start of the “Month of Innovation” at Flipkart, a part of its 10th year anniversary celebrations, the company said. The contest […]
Passengers flying out of the Bengaluru airport will now no longer have to stand in long queues for boarding with the aerdrome operator BIAL rolling out an automated boarding process. The facility, e-Gate, enables airline services to integrate DCS (Departure Control System) to an automated boarding gate. The service has been implemented in association with […]
Hyperloop India has tied up with a city-based Workbench Projects to build the prototype pod that will feature in the global design competition for the super fast transportation system using magnetic levitation technology. “Hyperloop India team has partnered with us to build the prototype pod in Bengaluru by the end of July. The building work […]
Happiest Minds Technologies, a next-generation digital transformation, infrastructure, security and product engineering services company, announced the acquisition of Cupola Technology – a specialized IoT services company with innovative solutions across the IoT lifecycle. This strategic acquisition is in-line with Happiest Minds’ vision to expand upon its already thriving IoT business by bringing in complimentary frameworks, ready-to-use solutions […]
City based apparel seller Rajdhani Cotton has filed a complaint with Delhi Police against Jasper Infotech Private Limited, which runs e-commerce firm Snapdeal, and its founders Kunal Bahl and Rohit Bansal, for alleged non-payment of dues to them. Speaking to Pixr8 here, one of the promoters of Rajdhani Cotton, Rajat Gupta, said, “We have lodged […]
Fashion e-tailer Myntra today said it has acquired Bengaluru-based InLogg for an undisclosed amount, a move that will further strengthen the supply chain capabilities of the Flipkart-owned company. Founded in 2015, InLogg offers a technology platform that provides end-to-end logistics solutions for the e-commerce sector. “As part of the acquisition, the team at InLogg has […]
Absentia, a bengaluru based virtual reality startup raised Rs 8 crore in a pre-series-A round. Investors like Exfinity Venture Partners, former Infosys executives V Balakrishnan and Mohandas Pai, Deepak Ghaisas and Girish Paranjpe participated in the round of funding. The company will use this fund to build Norah AI, an artificial intelligence engine that can […]
Digital mapping firm MapmyIndia today said it has acquired Bengaluru-based VIDTEQ for an undisclosed amount. MapmyIndia is leading player in the area of digital map data and APIs, GPS navigation, tracking, location apps, and GIS solutions. “The MapmyIndia and VIDTEQ teams are excited to build the future of maps and location technologies together, that can […]
Bengaluru has the lowest vacancy of office space at nearly 4 per cent among the seven major cities on account of robust demand from corporates, according to property consultant JLL India. The demand of office space is expected at 8 million sq ft in the 2017 calendar year against 8.6 million sq ft occupied in […]