June 6th, 2018Ather Energy, a five-year-old hardware startup of IIT graduates Tarun Mehta and Swapnil Jain, has launched India’s first-ever smart electric scooter called the ‘Ather 340’. The company has also come up with a better version of the entry-level model, which came as a surprise, along with higher power and higher speed retaining...
June 4th, 2018The Mukesh Ambani-led Reliance Jio Infocomm has started its hunt for a team of experts to work under Akash Ambani regarding the Artificial Intelligence (AI) of the firm. Apart from AI, the company is also seeking for young people to work on machine learning and blockchain technology (a digital ledger in which transactions are...
May 29th, 2018While hiring season was just picking up, startups now seem to counter the trend. Messaging platform Hike has announced employee layoffs for up to 20-25% as it is shutting down its Bengaluru operations.
A Hike representative confirmed the news stating,
We made a few acquisitions last year that skyrocketed the team size, mostly in...
May 22nd, 2018As Netherlands Prime Minister Mark Rutte is heading to Bengaluru on 25th May, Netherland government is looking forward to deepening the innovation system between the two countries. The initiative called as "Startup Link" will be launched in collaboration of Government of India’s Startup India programme which will focus on helping Dutch...
April 17th, 2018SHOPX, India’s fastest growing digital offline platform, fueling retailers in India, has received ₹12.99 Cr of fresh capital from existing investor, Nandan Mohan Nilekani.
ShopX has so far raised a total of ₹122 Crore of which Mr Nilekani's contribution has been almost all of it.
The former UDAI Chairman and Infosys...
April 16th, 2018Bengaluru based India's first electric bike Emflux Motors has secured ₹2 Cr in fresh capital from existing and new investors.
The investors participated in this round were R Gopal Reddy, MD of Concorde Group, Narendra Sujan, Director of Sujan Group, Fabian Brian Crain, Co-founder of Chorus One and Epicenter, and existing investors...
April 10th, 2018A recent report released by Job search portal Indeed revealed that blockchain sector in India has a significant demand for professionals with opportunities concentrated in prominent metropolitan cities of the country.
While Bengaluru has topped the list in terms of city listing maximum job postings accounting for 36 percent all the...
March 27th, 2018Microsoft installed its first ‘Garage’ in Hyderabad to encourage employees to come up with new products and solutions relevant to the modern age such as Internet of Things (IoT), robotics and quantum computing.
The huge facility of 8,000 sq. ft. is the Microsoft’s second biggest unit of the type worldwide with the Redmond...
March 13th, 2018A department of Apple Inc’s contract manufacturer from Taiwan, Wistron Corp has received approval from the government of Karnataka to construct a new Apple facility in Bengaluru.
The Karnataka state government granted Wistron Infocomm Manufacturing India Pvt Ltd’s request for 43 acres of land. The new site will be located at the...
January 26th, 2018Bengaluru based Axio Biosolutions has raised $7.4 million (about Rs 47 crore) in a Series-B funding round led by Ratan Tata's RNT Capital, Accel Partners and IDG Ventures India.
The company will use the funds for geographical and product portfolio expansion.
The medtech company that specialises in wound care also gave an exit with...
January 23rd, 2018Indian industrialist tycoon Ratan Tata backed Niki.ai has tied up with Kerala-headquartered Federal Bank to launch a virtual assistant in Federal Bank's smartphone application, a financial daily reported.
Federal Bank confirmed saying that the chatbot will be helping customers to access m-commerce services right within the app,...
January 9th, 2018Co-Create Ventures, a Bengaluru based investment firm has acquired Indulge Beverages, which owns coffee and tea brand Bonhomia. Financial details of the deal were not disclosed.
"Indulge is a great company and the founders have done a fantastic job in building the brand Bonhomia. We are delighted to take on the baton from the founders...
