Nobel laureate Kailash Satyarthi has asked professionals to use technology to solve social problems in addition to their business requirements. “The world is at your fingertips,” Satyarthi said at an event hosted by social networking platform for professionals, LinkedIn India here yesterday to interact with its employees in Bengaluru, Delhi and Mumbai about his work […]
Drums Food International, the parent company of Epigamia Greek yogurt, today said it has raised Rs 90 crore in a series-B round of funding. The round was led by Belgium-based consumer focused private equity group Verlinvest and venture capital firm DSG Consumer Partners, with participation from InnoVen Capital, it said in a statement. The company […]
San Francisco-headquartered cab-aggregator Uber infused another amount of Rs 51.64 crore (about $7.9 million) into its Indian arms in May, documents filed with the Ministry of Corporate Affairs show. The money was distributed between Mumbai-based Uber India Systems Pvt. Ltd which received Rs 45.2 crore ($6.9 million) and Delhi-based Uber India Technology Pvt. Ltd got […]
Ratan Tata-backed Niki.Ai today said it has raised USD 2 million (about Rs 13 crore) in funding from San Francisco-based fund SAP.iO. The series A round also saw participation from existing investor Ronnie Screwvala’s Unilazer Ventures, Niki.ai said in a statement. The artificial intelligence startup has also received funding from Haresh Chawla (Partner at True […]
Mumbai based food startup Authenticook raises grant of Rs 1.45 crore (200,000 euros) from Booking.com. The funding will be use to increase the number of cities covered by four-times to up to 40 by end of 2018. “We are present in nine cities now and expect to increase this to 35-40 by the end of […]
Ram Kumar puts his smartphone for charging as soon as the bulb in his hut lights up after an eight-hour power outage. He bought this phone thinking its powerful apps would not just entertain him, but give him tips on modern farming and selling of crops.
Around the world, entrepreneurs will create over 100 million new startups per year. With such a staggering number of businesses creating products across hundreds of industries, you need a powerful way to differentiate yourself from your competitors around the world. While a unique product will help your startup stand out from the pack, developing a […]
Ride-hailing company Uber has fired a top executive who had allegedly obtained medical records of a 26-year-old woman raped by an Uber driver in India in 2014, according to a media report. Eric Alexander, the president of business in the Asia Pacific, was fired on Tuesday, just as the company announced that it had fired […]
Happiest Minds Technologies, a next-generation digital transformation, infrastructure, security and product engineering services company, announced the acquisition of OSSCube, a U.S. based digital transformation company. This acquisition will expand the company’s portfolio of transformative offerings in the consulting-led digital space, especially around open source platforms. It will also significantly strengthen the company’s ground game in […]
SoftBank Group Corp said on Wednesday it was taking a significant minority stake in OSIsoft LLC, a privately held maker of industrial software used to manage plants and factories. The world’s largest industrial companies, from General Electric Co to Siemens AG, have been incorporating more software into their manufacturing to cut costs and improve their […]
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 cab aggregator Uber is hiring more techies for its engineering centres in the country as it looks to roll out more innovations from India in areas like payments, bookings and rider and driver experience. The company is also in discussion with National Payments Corporation of India (NPCI) to enable customers pay for rides using […]