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  • Koovs closes fund raising round, musters 26.2 mn pounds Jun 30, 2016 05:36 PM IST

    Koovs closes fund raising round, musters 26.2 mn pounds

    UK-based online fashion player Koovs announced closing of its current round of capital raising, bringing the total sum raised to 26.2 million pounds (nearly Rs 240 crore) from a range of new and existing investors, including strategic investment by HT Media Ltd

  • Cisco to partner with startups, cos for smart solutions Jun 30, 2016 11:26 AM IST

    Cisco to partner with startups, cos for smart solutions

    Cisco LaunchPad is designed to help start-ups, its authorised channel partners and developers scale up their solutions, address new markets and build digital businesses, he added.

  • Sun Telematics raises pre series A funding from angel investors Jun 30, 2016 11:00 AM IST

    Sun Telematics raises pre series A funding from angel investors

    Sun Telematics, one of the early entrants and leading players in the telematics space in India, today announced that the company has closed a Pre Series A round from Angel investors for an undisclosed amount.

  • Lendingkart raises Rs 205 cr in Series B funding, led by BII Jun 29, 2016 09:42 AM IST

    Lendingkart raises Rs 205 cr in Series B funding, led by BII

    "With Bertelsmann India Investments (BII) onboard, we look forward to leveraging its deep understanding of global financial products as well as Internet businesses," Lendingkart Group co-founder and CEO Harshvardhan Lunia said in a statement.

  • Over $8 bn funding in mobile-based startups in 5 years: Report Jun 29, 2016 09:34 AM IST

    Over $8 bn funding in mobile-based startups in 5 years: Report

    The highlights of the 'Annual Indian Mobile Ecosystem Report', by News Corp VCCircle showed startups in these four segments are identified as major contributors to driving mobile data consumption.

  • Global markets the next frontier for Indian unicorns Jun 28, 2016 11:22 PM IST

    Global markets the next frontier for Indian unicorns

    The Indian startup scene has exploded in the past few years, what with plenty of billion dollar homegrown companies coming to the fore, but the next challenge they face is a steep one: cracking global markets.

  • Code for the next Billion: What does new to internet users want? Jun 22, 2016 08:39 AM IST

    Code for the next Billion: What does new to internet users want?

    Over a six months long period, 10 start-ups that were selected in Bombay last month are going to be put through the paces developing their apps, refining them for the next generation of internet users. Code for the Next Billion comes to you today from Bangalore, the site of second bootcamp.

  • India is monitoring Brexit development: Nirmala Jun 20, 2016 09:50 PM IST

    India is monitoring Brexit development: Nirmala

    India is monitoring the developments of 'Brexit' as it would have a bearing on the country's trade with European Union and the UK, Commerce and Industry Minister Nirmala Sitharaman said on June 20

  • SBI launches Rs 200 cr fund to invest in fintech startups Jun 16, 2016 02:08 PM IST

    SBI launches Rs 200 cr fund to invest in fintech startups

    The 'IT Innovation Start-up Fund' will have corpus of Rs 200 crore, she said. The announcement comes against the backdrop of a greater thrust from the Centre on developing the start-up ecosystem.

  • Electric car startups fuelled by Chinese fund aim to catch Tesla Jun 15, 2016 08:04 AM IST

    Electric car startups fuelled by Chinese fund aim to catch Tesla

    Atieva plans to put a premium electric sedan on the road in 2018, followed by a pair of luxury crossovers in 2020-2021, company executives told Reuters in an exclusive interview. The company is racing not just against Tesla, but also against three China-based startups that are using Silicon Valley technologists.

  • Jharkhand stresses on proper environment for startup campaign Jun 13, 2016 06:00 PM IST

    Jharkhand stresses on proper environment for startup campaign

    Jharkhand Governor Droupadi Murmu today stressed on igniting imagination and creating an enabling environment for the Start up India campaign.

  • Edutech Startup to help students learn in three minutes Jun 13, 2016 05:18 PM IST

    Edutech Startup to help students learn in three minutes

    Anything can be learnt in three minutes, yes, that is possible with Learnfatafat. LearnFatafat, the edutech start-up simplifies complex textbook concepts to simple videos which helps students to learn anything in three minutes.

  • Practo to add 65 cities in India, expand overseas in 2016 Jun 12, 2016 11:52 AM IST

    Practo to add 65 cities in India, expand overseas in 2016

    Digital healthcare platform Practo is intensifying expansion in key markets, including Southeast Asia, Latin America, the Middle East and eastern Europe besides adding 65 new cities in India during 2016.

  • Google co-founder Page backing two start-ups making flying cars Jun 10, 2016 03:10 PM IST

    Google co-founder Page backing two start-ups making flying cars

    Zee.Aero, into which Page has poured more than USD 100 million since it started in 2010, conducts test flights of its prototype at an airport hangar in Hollister, California, Bloomberg said.

  • Rocket Internet targets 25-40 % sales growth Jun 09, 2016 03:15 PM IST

    Rocket Internet targets 25-40 % sales growth

    Shares in Rocket Internet slid last week after it reported that average revenue growth at its top start-ups slowed sharply in the first quarter to 34 percent from 217 percent a year earlier as it took steps to try to reduce their losses.

  • UoH signs incubation agreements to provide startup funding Jun 09, 2016 10:38 AM IST

    UoH signs incubation agreements to provide startup funding

    The Technology Incubation and Development of Entrepreneurship (TIDE) of the University of Hyderabad here signed incubation agreements with three start-ups today.

  • Malaysia's Axiata invests USD 16 mn in Bengaluru firm StoreKing Jun 08, 2016 09:28 PM IST

    Malaysia's Axiata invests USD 16 mn in Bengaluru firm StoreKing

    Axiata Digital, a wholly-owned subsidiary of Malaysian telecom conglomerate Axiata Group Berhad, has invested USD 16 million (about Rs 106 crore) in Bengaluru-based StoreKing

  • T-Hub inks pact with Israel's StarTau for agritech startups Jun 08, 2016 03:56 PM IST

    T-Hub inks pact with Israel's StarTau for agritech startups

    According to an official release from T-Hub, an accelerator program will be launched in India and Israel and it will be a part of T-Hub's T-Challenge program charter which will focus on agritech for facilitating the growth of startups in this sector. The program will start in October 2016.

  • Helpshift raises USD 23 mn from MS Ventures, Salesforce Ventures Jun 08, 2016 12:12 PM IST

    Helpshift raises USD 23 mn from MS Ventures, Salesforce Ventures

    Helpshift Inc, a startup that makes software for customer engagement on mobile devices, has raised USD 23 million (about Rs 153.4 crore) funding from Microsoft Ventures and Salesforce Ventures.

  • How Indian fintech is altering the banking space Jun 07, 2016 06:05 PM IST

    How Indian fintech is altering the banking space

    According to a joint report by KPMG in India and NASSCOM 10,000 Start-ups titled 'Fintech in India: A global growth story', the Indian fintech market is forecast to double from USD 1.2 billion to USD 2.4 billion in the next 4 years.

  • YourNest to pump in up to Rs 50-cr into startups this year Jun 06, 2016 10:32 AM IST

    YourNest to pump in up to Rs 50-cr into startups this year

    Even as valuations of some large Indian unicorns begin to fade and funding dries up, early stage venture fund YourNest is bullish on startups in the country and will invest up to Rs 50 crore in these companies this year.

  • Startups: What are their problem areas & solutions Jun 03, 2016 08:28 PM IST

    Startups: What are their problem areas & solutions

    The last 12 months may have seen start-ups struggling to raise funds, but investors say there's plenty of money to go around if the business is defensible and differentiated.

  • RIICO, SBBJ ink pact to promote startup projs in Rajasthan Jun 01, 2016 09:52 PM IST

    RIICO, SBBJ ink pact to promote startup projs in Rajasthan

    Rajasthan State Industrial Development and Investment Corporation and State Bank of Bikaner and Jaipur signed an MoU on June 1 to promote startup projects in the state

  • RIL arm invests USD16 million in US-based startup Jun 01, 2016 07:44 PM IST

    RIL arm invests USD16 million in US-based startup

    Reliance Industries has invested USD 16 million (about Rs 107 crore) in US-based tech startup NetraDyne.

  • Droom raises funds from BEENEXT, Digital Garage, others Jun 01, 2016 03:50 PM IST

    Droom raises funds from BEENEXT, Digital Garage, others

    Online automobile marketplace Droom today said it has raised an undisclosed amount from BEENEXT, Digital Garage and other existing investors to expand its presence in the South East Asian countries like Indonesia.

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