Saturday, November 23

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Funding Round- Collegedunia Raises 3 crores Funding, IAN Invests In UK Based Startup Ascema

Delhi-based Collegedunia has raised Rs 3 crore in Pre-Series A funding round from Umang Kumar, co-founder and, CEO of Gaadi. Collegedunia is an extensive search engine for the students, parents, and education industry players who are seeking information on the higher education sector in India and abroad. The startup was founded in 2014 by Sahil Chalana […]

Google’s Internet Balloon ‘Crashes’ in Sri Lanka Test Flight

AFP, COLOMBO: A Google balloon, part of the company’s high-speed Internet service known as “Project Loon“, crashed in a Sri Lankan tea plantation during its maiden test flight, local police said today. Villagers found the deflated balloon with its electronic equipment in the island’s central tea-growing region of Gampola on Wednesday night, an officer told […]

‘Make in India Week’ gets Rs 15.2 lakh crore investment commitments

MUMBAI: The week-long Make in India event here has secured investment commitments worth Rs 15.2 lakh crore, with host state Maharashtra alone accounting for Rs 8 lakh crore. Besides, it received investment enquiries worth Rs 1.5 lakh crore. “The multi-sectoral Make in India Week has been a great success. We’ve managed to get investment commitments […]

Online Videos Creator The Viral Fever Raises $10 million Funding

Tiger Global another investment in India and, this time, they invested $10 million (Rs.65.6 crore) in India’s popular online video content creator The Viral Fever (TVF) also known as Qtiyapa. As per the report, Tiger Global has picked up close to 25% stake in the firm valuing it at around Rs.270 crore. The Viral Fever […]

Net Neutrality: Facebook Shuts Free Basics Programme in India

New Delhi: In a boost to net neutrality, Facebook has decided to shut down its controversial ‘Free Basics’ programme in India, following telecom regulator Trai’s move to bar operators from charging different rates for Internet access based on content. Facebook had met with severe criticism for its programme, which aimed at providing basic Internet access […]

RIP Facebook Free Basics, TRAI Supports Net Neutrality

Indian Entrepreneurs will be too happy this time. Reason? Telecom Regulatory Authority of India (TRAI), has finally put to rest the differential pricing debate for at least two years. TRAI on Monday said that no company or offer to charge discriminatory tariff for data on basis of content effective immediately. India’s telecom regulator TRAI says […]

She Is The First Woman CEO At An Indian Unicorn

Mu Sigma, the world’s largest pure-play provider of decision sciences and analytics solutions, announced today that Ambiga Dhiraj, formerly Chief Operating Officer, will assume the role of Chief Executive Officer (CEO) effective immediately. Founder and former CEO, Dhiraj Rajaram, will continue in a full-time capacity with the company and remain as chairman. Ambiga has been […]

Ratan Tata Invests in Teabox, An Online Start-up That Sells Premium Teas

Singapore: Ratan Tata, who stepped down as the chairman of the $100 billion Tata Group in 2012, is taking a stake in an online start-up that sells premium teas, the latest example of the Indian businessman becoming an active venture capitalist in his retirement. Tata is putting an undisclosed amount of money into Teabox, an […]

Nearly 700 Startup Founders Urge PM Modi to Defend Net Neutrality

NEW DELHI- Hundreds of startups, including bigger players like Zomato, Cleartrip, Paytm and their employees, have approached Prime Minister Narendra Modi to defend net neutrality, which they define it as access to content on the internet without any discrimination. “We urge you to ensure that the recently announced initiative, Start-Up India, addresses the concern of […]