Paytm Head Vijay Shekhar Sharma and venture capitalist Shailesh Vickram Singh have together launched an environmental protection fund which will be dedicated to investing in startups, companies and individuals working towards mitigating environment-related problems in the country. The new massive fund which is first of its kind will focus on large problems faced by humanity […]
India’s largest public sector bank, State Bank of India (SBI) which has failed to invest in fintech startups despite earmarking funds, is now gearing up to modify rules that can kickstart the infusion, as reported a top company official. The bank which has designated Rs 50 crore to invest in fintech startups is now going […]
The Indian Institute of Technology-Madras (IIT-Madras) has come up with a startup established with a motive to help other startups in early-stage to inflate their success through Machine Learning and Data Sciences tools and techniques. The institute has named the startup as YNOS Venture Engine CC Private Limited. The founder of the venture is Prof Thillai Rajan who […]
This week featured 9 funding articles amounting to $61.7 million (Rs 410 crores) (excluding two companies as their funding sum was undisclosed). FreightBazaar FreightBazaar, India’s first online portal for truck hiring intended for businesses, recently raised a pre-Series A funding round with Omphalos Ventures India leading the funds of an undisclosed amount. The funds raised will […]
Online eyewear firm Lenskart has earmarked about USD 2-3 million to invest in companies that are either working on product or technologies that can help to provide affordable eye care solutions. As a part of the strategy, firm backed by Ratan Tata, Lenskart has invested about Rs. 3.3 crores in US-based ThinOptics. The intent of […]
In an attempt to support growing number of Startups, focussed on building solutions to “Solve for India”, Google India conducted a four-day mentorship Bootcamp for teams of 10 Indian startups. Kartik Padmanabhan, Developer Relations Lead at Google India spoke about the objective of launching the programme and said, We are aiming to build a bridge […]
myHQ, a co-working space based in Delhi, came up with the new initiative of re-designing specific metro coaches into a perfectly equipped co-working space in a bid to make its co-workers’ time more productive while commuting. In the recent years, the work life of the modern Indian has changed tremendously making every second of their […]
ClearTax announced the acquisition of Greeblu Enterprises, which is an app-based startup and TOOTL, an app offering infotainment in the form of personalized content via predictive analysis modeling to its readers. These acquisitions go along with ClearTax’s ambitions of using this innovative technology to incorporate with the personalized tax, finance and compliance related content found […]
Ola is reportedly considering setting up an independent food-tech company after acquiring food ordering app Foodpanda in December and began negotiations to acquire additional private food firms. Ola has already held talks with Freshmenu officials and another firm operating in the same market segment, according to three anonymous sources close to Ola. As of yet, no […]
The Government has decided to extend tax benefits of 88 startups out of 8,765 that have been recognized by the Department of Industrial Policy and Promotion as reported by a top official today. Prime Minister, Narendra Modi had introduced a spectrum of incentives on January 2016 to encourage startup growth in the country which included […]
Department of Industrial Policy & Promotion (DIPP) has put an end to some certifications and issued warnings to organizations seeking to avail exemptions by categorizing themselves as “startups”. In a recent meeting of Inter-Ministerial Group on Startups held on March 15, certificates of recognition and that of eligibility given to two entities- Riot Solutions and […]
In our fast-paced changing lives surrounded by technology “all-around”, competition to excel is enormous. A strong online presence today is not only a “norm” rather a “necessity”. Any budding startup or small or medium-sized enterprise (SME) today requires a strong online presence not only for marketing or expanding its customer base but also to embark […]