Wednesday, November 6

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Infosys Launches Infosys Nia- The Next Generation Integrated Artificial Intelligence Platform

Infosys, a global leader in consulting, technology, outsourcing and next-generation services, today announced the launch of Infosys Nia, the next-generation Artificial Intelligence Platform building on the success of the Company’s first-generation AI platform, Infosys Mana, and its Robotic Process Automation (RPA) solution, AssistEdge. Together, both these products have amassed 50+ clients and 150+ engagements across […]

Bengaluru Based Virtual Reality Startup Absentia Raises Rs 8 Crore

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 […]

Shell Opens New State of the Art Technology Centre in Bangalore

Up to 1,500 staff will work at the Bangalore technology centre. Their expertise will include gas technology, geological modelling, data analysis and computational research. Shell opened a new major technology hub in Bangalore today – a 52-acre, custom-built technology center – that can house up to 1,500 experts, who would collaboratively work on worldwide innovative […]

Interior Design Startup Furdo Races to Profitability in Under 14 Months

Bangalore-based online interior design platform, Furdo, has achieved what most well-funded startups have struggled to achieve since inception – ‘Become Profitable’. Started with an angel investment of $400K, Furdo has been growing at an average of 30% month-on-month since April 2016, that lead to them achieving operational breakeven in September 2016. The key driver to […]

Axilor Ventures Tie-up With PayU India as Industry Partner For Its Accelerator Program

Early stage fund, Axilor Ventures, bets on new opportunities around Fintech; signs up PayU India as the industry partner for its Accelerator Program. Axilor has recently announced doubling the intake for its Summer ’17 Accelerator Program. Fintech is one of the five focus areas for the cohort in the Summer ’17 batch. Together with PayU […]

UAE-India Venture Capital Fund Idein Ventures Recruits Ex-Co-founder of Zoomcar as an Advisor

The Co-Founder of Zoomcar, David Back has Been Tapped to Advise the UAE-India Venture Capital Fund and its Portfolio Companies. Idein Ventures is a seed-stage VC fund with offices in the United Arab Emirates, Mumbai, and Hyderabad. David Back co-founded Zoomcar, the first company in India to offer ‘self-drive’ car rentals with no chauffeur. Zoomcar launched in Bangalore exactly […]

Axilor Ventures Plans to Accelerate Investments in Early Stage Startups

Axilor Ventures today announced that it plans to accelerate its investments in early stage startups. It is looking to double the intake of startups for its 100-day accelerator program, the applications for which are currently open. In the last two years since inception Axilor has supported 30 startups through its accelerator program and invested in […]

Facebook Nears 2 Billion Users Mark: Report

Popular social network Facebook is set to become the first 2 billion-user company this year, according to a media report which attributed its “impressive” user growth to “promotional data plans” from countries like India. Facebook had 1.86 billion monthly active users as of the end of 2016, up from 1.79 billion the previous quarter and […]

Leading Indian Dating App Woo Acquires US based DUS Dating App

Leading dating app Woo forges ahead in the online dating space by acquiring DUS, a Los Angeles-based dating app focused on the South Asian community. The move will further strengthen its positioning by connecting Indians all over the world. DUS was specifically designed for South Asian singles to provide them a dating opportunity within their community. […]

Unacademy Collaborates With TapChief to Help Students Land Their First job

Employment opportunities have boomed over the years which have left fresh graduates with more than enough options to choose from. However, that has not sweetened the deal for them. Fresh graduates today, and even experienced professionals, find themselves confused about the career path they should embark upon. To make matters worse, no substantial professional help […]

CashRich, an Indian Fintech Startup, Raises Seed Funding

CashRich, a Mumbai-based fintech startup, has raised an undisclosed amount in seed funding from three prominent angel investors in the UK. CashRich is a smart mobile investment app for anyone seeking better ways to manage their money. The app is currently in beta phase (pilot-testing) and shall be launched in the coming months. Sougata Basu, […]

TrademarKing.in Launched India’s First Automated Trademark Monitoring Platform

TrademarKing.in, India’s leading trademark search engine has announced the launch of India’s first automated trademark monitoring platform. Established business owners, manufacturers and new startups can register to this service for cost-free until 31st January 2017 to monitor their brand names. The trademark monitoring service is first of its kind in India, business owners can leverage […]