Friday, March 29

Tag: Bengaluru

India’s First Curated Wellness Advisory Marketplace, ZingUpLife is Disrupting the Traditional Wellness Services Consumption Model
Story

India’s First Curated Wellness Advisory Marketplace, ZingUpLife is Disrupting the Traditional Wellness Services Consumption Model

Personal wellbeing has, for many decades in India, been linked with the absence of illness. Treating and preventing illness has been the focus of our organized healthcare industry and consumer behaviour has also modelled itself around this reactive framework. The few online health and fitness platforms available are also built around the directory model, where consumers discover services and access them online or offline. Now a Bangalore based young start-up is quietly changing this entire paradigm of health and wellness services consumption in the country. Focusing first on self-discovery of an individual’s wellness status using a battery of first-in-class online tools, ZingUpLife builds an incremental model of wellness consumption that emphasizes on empowering the consumer through in...
Apple to Make iPhones in Bengaluru
INDIA, News

Apple to Make iPhones in Bengaluru

Apple is all set to start manufacturing its iconic iPhones in India at Bengaluru, as part of efforts to cash in on the world's second largest smartphone market in a big way. Local manufacturing is expected to help Apple price its phones more competitively in India as it currently attracts 12.5 percent additional duty on imports. The phones would be manufactured by Wistron, a Taiwanese OEM maker for Apple, according to top government sources. "Wistron has plans for setting up iPhone manufacturing plant for domestic market in Peenya," top government sources familiar with the developments told Pixr8. Another senior government official said Bengaluru has the talent required for quality high technology products and that was the reason for selecting the city. The official added that Foxcon...
Practo Acquires Bengaluru Based Analytics Platform Enlightiks
ACQUISITION

Practo Acquires Bengaluru Based Analytics Platform Enlightiks

India's leading healthcare platform Practo acquired a Bengaluru-based startup Enlightiks- an advanced analytics platform to offer business intelligence and predictive analysis solutions to healthcare enterprises. The acquisition strengthens Practo’s enterprise segment and augments existing solutions that includes appointment management with Qikwell and a full stack HIMS solution with Insta. The entire team of 50 people from the Enlightiks will join Practo and will form the Analytics Business Unit within Practo which will be headed by Vamsi Chandra Kasivajjala, Co-Founder & CEO, Enlightiks. Enlightiks’ primary offering is called Querent, which is a business intelligence and predictive analytics platform providing actionable insights using complex mathematical, statistical, comp...
E-grocery Platform BigBasket Target 300% Growth, Rs 2,000 crore Revenue at Fiscal End
BUSINESS

E-grocery Platform BigBasket Target 300% Growth, Rs 2,000 crore Revenue at Fiscal End

With people becoming comfortable buying even milk and bread online, e-grocery platform BigBasket today said it has seen 300 per cent growth in revenue in the past one year and expects to cross the Rs 2,000 crore-milestone by the fiscal-end. With four million registered customers, the Bengaluru based firm expects to become profitable by March 2018. "In the past year alone, we have seen over a 300 per cent growth and continue to grow by 10 per cent on a month-on-month basis. We hope to triple revenues to Rs 2,000 crore by March 2017," BigBasket co-founder Vipul Parekh told Pixr8. Parekh added that the company's revenue has grown from Rs 178 crore in FY2015 to Rs 700 crore in FY2016. "However, these numbers do not include the impact of demonetisation that has in fact, pushed our sales up ...
Bengaluru Based BHIVE Workspace Launches Its Largest Co-Working Space in Bengaluru
News

Bengaluru Based BHIVE Workspace Launches Its Largest Co-Working Space in Bengaluru

India’s leading shared office provider BHIVE Workspace has launched its largest co-working office in the heart of the Bengaluru city. The new office will be located at Prestige Towers, Residency Road and will have a capacity of over 600 members.  With this, the company will strengthen its position as the largest co-working space provider in the city. “We are committed to extending the ‘BHIVE Experience’ to all entrepreneurs and professionals at the most convenient and premium locations. Our new co-working space at Residency Road is a huge step in this direction,” said Shesh Paplikar, co-founder and CEO of BHIVE Workspace. “We are focused on delivering the best co-working environment and our new office will set new benchmarks for office design and overall working experience,” he added. ...
Bengaluru Based Bitcoin Startup Unocoin Raises $1.5 million From U.S., Indian Investors
FUNDING

Bengaluru Based Bitcoin Startup Unocoin Raises $1.5 million From U.S., Indian Investors

Bangalore-based bitcoin startup, Unocoin has raised $1.5 million in funding from a mix of Indian and U.S. investors, the company announced on Thursday. The company, which runs a trading platform to buy, sell, and store bitcoins for Indian customers, said the money raised was the largest for an Indian bitcoin startup. Unocoin, which has 100,000 users and more than 30 employees, has been in operation since December 2013. Unocoin describes itself as the Coinbase of India. San Francisco-based Coinbase is the largest U.S. bitcoin company and runs an exchange and a wallet service, among other businesses. Funding came from Indian entities such as Blume Ventures, Mumbai Angels and ah! Ventures along with U.S. investors such as Digital Currency Group, Boost VC, Bank to the Future, and Fund...
Design Café Brings the First-ever Home Design Experience Lounge to Bangalore
News

Design Café Brings the First-ever Home Design Experience Lounge to Bangalore

In a quest to make design more accessible to everyone, Design Café, one of the leading interior design firms in Bangalore, launched its first Home Design Experience Lounge this week in Bangalore. Set in the plush residential locales of Whitefield, the 2500 sq. ft., experience lounge will compliment their revolutionary website http://www.designcafe.xyz, which allows you to design your home online in four easy steps. At the lounge, you can meet award-winning designers who will guide through 100's of pre-curated home designs for every room and create instant 3D designs for you. The lounge also showcases the latest materials and brands from all over the world and in every budget, so you can touch and feel everything before you make your home. This is the first-of-its kind lounge that bridges t...
Twitter Discontinue Engineering Tasks in India, Lay Off Employees At Bengaluru Development Centre
News

Twitter Discontinue Engineering Tasks in India, Lay Off Employees At Bengaluru Development Centre

Microblogging site Twitter has decided to discontinue engineering tasks in India, a move that will lead to lay offs at its development centre in Bengaluru. The company, however, did not disclose the number of people being handed pink slips. When contacted, Twitter in an emailed statement said: "As part of our normal business review, we have decided to stop the global engineering work at the Bengaluru development centre. We thank the impacted individuals for their valuable contributions and are doing as much as we can to provide them a respectful exit from our company." The company "remains committed to India as a strategic market for users, partners and advertisers," it added. The company further said: "Today, India is one of our fastest growing markets worldwide and we continue to...
Bengaluru Most Hospitable to Tech Startups; NCR Next Best
ANALYSIS

Bengaluru Most Hospitable to Tech Startups; NCR Next Best

(ANI): Bengaluru is host to the largest share of technology driven start-ups, followed by the Delhi NCR and Mumbai while Hyderabad and Chennai are also quite popular among the techies who are budding entrepreneurs, according to an ASSOCHAM study. The study done in association with the thought arbitrage found that in the technology driven start-ups, India has moved up to third position with the US occupying the top position with more than 47,000 and UK with over 4,500. India's tech start-ups number around 4,200 up to 2015. In terms of total number of start-ups, comprising tech and non-tech areas, India again figured among the five largest hosts in the world along with China. The number of start-ups in both India and China was 10,000 each. The US is at the number one position among...
Bengaluru Based Messaging Platform Nudgespot Got Acquired By Boomtrain
ACQUISITION

Bengaluru Based Messaging Platform Nudgespot Got Acquired By Boomtrain

Boomtrain, a marketing platform that uses artificial intelligence (AI) to drive relevant interactions with users at every touchpoint, today announced it has signed a definitive agreement to acquire partner, India-based Nudgespot. Nudgespot has built a best-in-class messaging platform that will integrate into Boomtrain's technology to deliver a seamless experience for businesses to communicate with customers and visitors on websites and in mobile apps. Boomtrain and Nudgespot initially partnered nine months ago, and have been co-developing a product that combines Nudgespot's platform with Boomtrain's AI technology. Terms of the acquisition were not disclosed. "The acquisition of Nudgespot will accelerate our strategy to enable AI-powered communications between bu...
Meet An Indian Startup Which is Famous Outside of India
Story

Meet An Indian Startup Which is Famous Outside of India

There is one question, which always come to our mind whenever we use Facebook, Google and other platforms. Is there any Indian company established its footprint globally like them? Most people don't have answer of it. Why? Because due to less exposure or marketing, we are unable to find out such Indian companies. But today we are introducing one such unknown company, whom you never heard of. The Indian company based in Bengaluru silently established its footprint globally including US, UK & other countries army region. Founded by Arvind Lakshmikumar, Tonbo, a Bengaluru based advanced night vision system, which means Dragonfly in Japanese. The startup is backed by Artiman Ventures.       Arvind is an alumnus of BITS Pilani and Carnegie Mellon U...
Ex-Google, SAP Executives Launch Home Inspection Services ‘HomeInspeKtor’
News

Ex-Google, SAP Executives Launch Home Inspection Services ‘HomeInspeKtor’

Two former Google and SAP executives have joined hands to launch Home Inspection services in India and plan to expand the platform to North America, the UK, Singapore and the Middle-East. Phi Property Management Services (PPMS), that performs independent third party end-to end pre-delivery checks - inspection services in the Real Estate domain - has launched operations under the brand name "HomeInspeKtor" in Bengaluru with plans for other cities to follow. "Home Inspection service is a limited, non-invasive examination of the condition of a home/apartment/villa in connection with the sale/renting of that property," company's Chairman and COO B R Nagaraj said. As a first step, PPMS has partnered InterNACHI (the International Association of Certified Home Inspectors) in setting up the I...