Thursday, March 28

Tag: kolkata

Reliance Jio to Build Rs 1,000 Crore Data Centre in West Bengal
BUSINESS

Reliance Jio to Build Rs 1,000 Crore Data Centre in West Bengal

Indian mobile network operator Reliance Jio Infocomm will be investing Rs 1,000 crore in a state-of-the-art greenfield data centre in Kolkata where a 100-acre IT hub will be launched. This will be the biggest tech hub in the state as stated by Mamata Banerjee, the chief minister of West Bengal. She mentioned about this matter while speaking at the foundation stone-laying ceremony of the upcoming Bengal Silicon Valley technology hub. According to the sources, Reliance Jio has already put in the application to the state government regarding 40 acres of prime land on long-term lease. This has been done for setting up the proposed data centre at the upcoming tech hub in the city’s eastern fringes. Tarun Jhunjhunwala, Jio’s eastern India head said, “The data centre project is a reaffirmatio...
This Indian Startup is Solving the Problem of Indian E-commerce Space
Story

This Indian Startup is Solving the Problem of Indian E-commerce Space

With the rise of the e-commerce industry in India, parallelly there has been the continuous rise of problems related to online shopping. Problems like comparing prices of different websites, returns & exchanges, expert guidance, logistics, unawareness regarding new latest offers have become common for every online shopper. But now there is one startup named “Sabse Sasta Dukaan” which is solving all these issues by creating stores in every street & putting an Online shopping expert in it. The startup is an assisted e-commerce retail store where people can rely on online shopping experts to shop on their behalf & solve their issues. This innovative startup was founded by first-generation entrepreneur friends Mr. Anish Agarwal & Anant Jain of Kolkata in the year 2016. This r...
Kolkata Based Insurance Firm Raises $1 Million From Venture Catalysts
FUNDING

Kolkata Based Insurance Firm Raises $1 Million From Venture Catalysts

Kolkata based insurance management company Ideal insurance raises $1 million seed round of funding from Venture Catalysts. Venture Catalysts is India's leading incubator and the investors from Vcats include Nitesh Prakash of Ola, Atul Jain of Samyakth Finserv and promoters of Nandan Steel, Maithan group, Primarc, Atha group etc. The funding will be used primarily for building a strong infrastructural support for our operations and backend team as well as for marketing purposes. "With the development of our dedicated health insurance portal www.121policy.com, the investment has come at a much needed stage and will definitely bolster our growth and diversification plans," said Rahul Agarwal, founder and CEO, Ideal Insurance. Ideal Insurance is a pioneer in delivering niche and custom...
Gang Posing As Sellers Robbed Flipkart Off Rs 17 Lakhs
News

Gang Posing As Sellers Robbed Flipkart Off Rs 17 Lakhs

[dropcap]A[/dropcap] group of nine people posing as online sellers exploited Flipkart's Seller Protection Fund (SPF) and cheated the billion dollar e-commerce giant. The fraud was being committed since the early 2017 where a group of posers, registered as Flipkart's online seller found a work-around to cheat the company. As per the police report, they studied the SPF scheme that guarantees an automatic refund to the seller if the sold product goes missing or is damaged in transit in case of a return from the customer and plotted to take the company for a ride. Possibly operating out of West Bengal, the gang had registered as different sellers and started shipping their products via Flipkart's logistics services. Every time the customers returned the product stating that the product i...
This Loyalie App Wants To Tap The Loyalty of Kolkata Market
Story

This Loyalie App Wants To Tap The Loyalty of Kolkata Market

We have always prided ourselves at being a regular at our favourite joints around the city. If we fond of a place, we will go there time and again to a point where we recognised by the members of the staff. However, we noticed that there wasn’t getting any returns for our loyalty towards them. It was then that the idea for an app like Loyalie was conceived. Loyalie is the first of its kind digital loyalty card and rewards portal to tap the Kolkata market. We at Loyalie have identified the need to deviate from the age old concept of physical loyalty cards that clutter the wallet, to a more systematic and digitalised version. We aim at connecting the merchants to their loyal customers by creating unique reward programs and enabling them to interact with each other in various ways. We b...
Jab We Ate: A kolkata based startup will provide you “Maa ke hatth ka khana”
Story

Jab We Ate: A kolkata based startup will provide you “Maa ke hatth ka khana”

It is very important for any human being to eat healthy and fresh in order to sustain the hardship of everyday life. The world has transformed into a cutthroat competition and because of this many of us leave our families and move to other cities to give a complete transformation to ourselves. In the midst of everything, among the various thing one misses is "Ma ke haath ka khana" definitely is on the top most. It happened one day when Saurabh, the Chief Eating Officer (CEO) at Jab We Ate, was in Mumbai for an official trip and the most importantly he missed was his home cooked food. He thought there are so many people like him who leave their city and move to bigger cities for a better opportunity. His this thought gave birth to "Jab We Ate". This food startup is founded and seed-fund...