Friday, November 22

Tag: IIT

College Event Ticketing Startup Raises $250,000 funding
FUNDING

College Event Ticketing Startup Raises $250,000 funding

TheCollegeFever (TCF), a college event ticket booking startup raised a seed funding worth $250,000 (Rs 1.7 crore) from Mumbai-based investment firm 11.2 Advisors. It is the first time that TheCollegeFever is raising funds from external resources and intends on using the capital for customer acquisition and improving technology, its founder Kushal Aralihalli said. The Bengaluru-based company, which is run by Culturo Technology Pvt. Ltd, works in partnership with 2,000 colleges and has sold over 4 lakhs tickets in over 6,000 events amounting to Rs 10 crore, its Aralihalli added. Kushal Aralihalli founded the event ticket startup in 2016 and managed to double its growth since last year. TheCollegeFever operates in a market segment that makes it compete directly with giants BookMyS...
Super 30 Will Start Online Coaching For Students: Anand Kumar
Entrepreneurs Talk

Super 30 Will Start Online Coaching For Students: Anand Kumar

Super 30 founder Anand Kumar today said he has plans to expand the programme to provide online coaching to meritorious students from across the country soon. "I have plan to launch Super-100 to enroll 100 meritorious class X pass out students from across the country to provide them coaching online," Kumar told Pixr8 today. The online application for the proposed coaching were being invited and select candidates would be selected based on merits, he said. While priority for the selection of candidates would be underprivileged, the focus would be to select candidates from Bihar, Uttar Pradesh and Jharkhand, he said expressing hope the online coaching facility would be launched in the later part of this year. Kumar said he also has plan to open a branch of the Super 30 coaching centre in or...
20000 Crore Alloted For R&D at IITs, IIMs and Other Higher Education
INDIA

20000 Crore Alloted For R&D at IITs, IIMs and Other Higher Education

In a bid to boost innovation at premier institutions, an agency will soon be set by the government to provide funds up to Rs 20,000 crore for building research-oriented infrastructure at IITs, IIMs and other centres of higher education. The HRD Ministrys proposal to this effect was cleared at a meeting of the Union Cabinet chaired by Prime Minister Narendra Modi today. Announcing the decision, HRD Minister Prakash Javadekar said a Higher Education Financing Agency (HEFA) would be jointly promoted by an identified promoter and his ministry with an authorised capital of Rs 2,000 crore of which government equity would be Rs 1,000 crore. The HEFA would be formed as a Special Project Vehicle (SPV) with a PSU Bank/Government-owned NBFC as promoter and it would leverage the equity to raise u...
IIT Graduates Find a Convenient Way To Maintain Your Homes
Story

IIT Graduates Find a Convenient Way To Maintain Your Homes

All Indians have faced situations where we need urgent services for our homes, be it an electrician, a plumber, someone to look under the hood of the car or just clean our carpets. Usually, the process is tedious where we ask our acquaintances for references or go to the Yellow pages or Google it and take our chances. Then comes the agony of waiting for an unpunctual repairman and not knowing his reliability and background apart from his charges. Enough to send a shiver up the spine. The Solution: Aurospaces A Passionate IITian has brought the best of tech and built a common platform for a variety of services to ease the process of maintaining our homes and make it a pleasurable experience. With a deep understanding of what a common Indian goes through in accessing basic services, ...
Pick My Laundry – A Startup That Does Your Laundry With Care!
Story

Pick My Laundry – A Startup That Does Your Laundry With Care!

To New Beginnings Bored of doing your laundry or running out of time trying to check your weekend to-do list? Worry not, Pick My Laundry comes to your rescue! Pick My Laundry is an IIT alumni startup that provides laundry and dry-cleaning services at the convenience of your doorstep! Working professionals Gaurav Agrawal, Ankur Jain, and Samar Sisodia, found the task of doing their laundry a real pain in their neck and wished there was some company that offers its laundry services to people in big cities. And as they say that necessity is the mother of all inventions, the three started researching on ways to resolve this problem in Delhi. Their research findings were further supported when friends in Gurgaon said "We will be your Customers", when asked if they would avail such services. Wi...