Startups

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 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

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, 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

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

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

In an effort to fuel the growth of India’s entrepreneurial and small business community, Invest India through its flagship initiative Startup India has partnered with WhatsApp on a program that focuses on the proliferation of start-ups, promoting economic growth and generating employment opportunities in India. Dedicated to driving success andRead More

Pitstop, India’s first independent doorstep car services provider has formed a joint venture with Goldbell Group of Singapore to launch an end to end platform for management of service and repair of vehicles in Singapore. Pitstop will invest $ one million to expand operations in Singapore aimed at wider adoptionRead More

Bangalore based artificial intelligence (AI) startup Mate Labs has raised a seed fund amount of $550,000 from multiple investors led by Omphalos Ventures India. Other investors include Eagle 10 Ventures, 91Springboard, Deepak Sharma (former Chairman of CITI Bank), Khattar Holding Pte Ltd., Sumit Sinha (of Kristy’s Kitchen acquired by CureRead More

Nestaway, that provides home rental services and is believed to have the largest networks in such business, has raised $ 51 million or Rs 330 Crores in series D financing from a consortium led by Goldman Sachs. The others who took part in the funding include UC-RNT Fund, a jointRead More