Startups

This section deals with news and developments around startups, investment in startups, technology startups, government’s support for Indian startups, and all about the Indian startup ecosystem

MyGate Improvises Delivery Mechanism At Housing Societies

MyGate Improvises Delivery Mechanism At Housing Societies

June 3, 2019 at 7:24 am 0 comments

MyGate has improved its delivery mechanisms at housing societies and launched a silent and secure delivery experience for its users. This will enable its users to approve the entry of delivery executives without any interaction with the main gate and further strengthens the security protocol at MyGate communities. For thisRead More

Atomberg Raises Funds From Hero Group, Eyes 3X Growth In FY19-20

Atomberg Raises Funds From Hero Group, Eyes 3X Growth In FY19-20

May 2, 2019 at 5:10 pm 0 comments

Mumbai headquartered Atomberg Technologies, a smart and efficient motor based company in the business of manufacturing energy efficient and smart ceiling fans named Gorilla, today announced that it has raised an undisclosed amount from Suman Kant Munjal family office(Hero Group). The funding will be used for expanding operations to otherRead More

Razorpay Launches Payment Pages For SMEs

Razorpay Launches Payment Pages For SMEs

April 23, 2019 at 9:40 am 0 comments

Payment solutions company Razorpay has announced the launch of its Payment Pages, a payment solution designed to help all kinds of businesses accept online payments with zero integration and minimum set-up, without any hosting costs, maintenance charges or fixed fees. The company opines that SMEs, India’s biggest business units, accountRead More

Travel Startup Klook Raises $225 Mn In Series D Funding Led By Softbank

Travel Startup Klook Raises $225 Mn In Series D Funding Led By Softbank

April 9, 2019 at 5:55 pm 0 comments

Hong Kong-based travel services startup Klook has raised $225 million in Series D+ funding from a group led by Softbank Vision Fund. The company said the newly raised fund will help the firm expand into new geographies and scale up services. With this the company’s total Series D funding roundRead More

This Delhi Startup Aims To Connect 100 Smart Cities With LoRa Network By 2020

This Delhi Startup Aims To Connect 100 Smart Cities With LoRa Network By 2020

December 20, 2018 at 9:32 am 0 comments

As per Government of India’s Smart City Mission, the country plans to develop 100 smart cities in next five years. And these smart cities, for one, need a robust communications network that can connect various elements of the city like roads, safety and security, utilities including traffic control and parking,Read More

Travel Startup ‘Guiddoo’ Raises $800K In Pre-Series A

Travel Startup ‘Guiddoo’ Raises $800K In Pre-Series A

December 3, 2018 at 5:03 pm 0 comments

Travel technology startup Guiddoo has secured capital of $800,000 in the Pre-Series A funding. The funding was led by global investors including Rennie Ratadia (Singapore), Stephen Dmello (Dubai) & Angshuman Sarkar (India). Vineet Budki, Co-Founder & CEO at Guiddoo said, “From starting afresh after a pivot from the Audio GuideRead More

Fintech Startup HealthFin Gets Funding From Maha Govt

Fintech Startup HealthFin Gets Funding From Maha Govt

December 3, 2018 at 9:08 am 0 comments

Pune based fintech startup HealthFin has bagged investment from Maharashtra Government as part of the state’s governments Mumbai Fintech Accelerator program. The Mumbai Fintech Hub is an initiative of the Government of Maharashtra has been established in the Mumbai Metropolitan Region as a focal point for Fintech activity within theRead More

Verloop Raises $3 Mn To Ramp Up Customer Engagement Platform

Verloop Raises $3 Mn To Ramp Up Customer Engagement Platform

November 26, 2018 at 3:18 pm 0 comments

Verloop, a Bengaluru based startup that offers artificial intelligence powered customer engagement solutions, has raised $3 million from a series of investors led by IDFC Parampara Fund. The other Co-investors in this round included Kris Gopalakrishnan – Infosys Co-founder and Dr Ranjan Pai – Chairman of the Manipal Education andRead More

Fitness Startup Goqii Raises Series B Funding From Mitsui

Fitness Startup Goqii Raises Series B Funding From Mitsui

November 26, 2018 at 12:57 pm 0 comments

Vishal Gondal founded healthcare and fitness startup Goqii has raised a series B round of funding led by Mitsui of Japan. Along with the investment, the two parties have also agreed for joint collaboration. The company, however, did not disclose how much it raised in the round. Goqii said the funds willRead More

Flipkart’s Binny Bansal Resigns Over ‘Serious Personal Misconduct’

Flipkart’s Binny Bansal Resigns Over ‘Serious Personal Misconduct’

November 13, 2018 at 9:34 pm 0 comments

Binny Bansal, who co-founded Flipkart along with Sachin Bansal, has resigned from his post of Group CEO with immediate effect. A complaint regarding his personal misconduct has been attributed to his resignation from the firm. “His decision follows an independent investigation done on behalf of Flipkart and Walmart into anRead More