Bangalore-based Blueleaf Software Technologies Pvt. Ltd, which operates a cloud based SaaS platform called Weballigator for providing HR software to small and medium enterprises (SMEs), has raised $375,000 (around Rs 2.5 crore) in angel funding from a bunch of angel investors and high net-worth i…
Protecting trademarks can transform MSMEs into MNCs
Maharashtra is the leading industrial state in the country and the MSMEs in the state are highly innovative and enterprising. The MSMEs must take advantage of the Madrid Protocol and protect trademarks of their products and services in 97 member countries by filing a single application in the Ind…
Maharashtra Govt partners with Autodesk to offer free design tools to MSMEs
3D design company Autodesk on May 5 signed a Memorandum of Understanding (MoU) with the Government of Maharashtra to provide advanced design technology to – local MSMEs from the manufacturing sector in the state. As per the agreement the company will offer Fusion 360, Autodesk’s cloud-based…
Sabre Corp setting up incubation centre at IGDTUW
Sabre Corporation, a travel technology solution provider, is setting up a quality assurance centre of excellence (CoE) at Indira Gandhi Delhi Technical University for Women (IGDTUW). “The incubation centre is a first of its kind in the Indian market focused on an all-women’s technical…
Airbnb Banks on India, looks to grow at a faster clip
Home-share booking site Airbnb is confident of manifold growth in its business in India over the next few years, driven by a surge in volume of travellers using its platform and increase in number of listed properties. “India has seen tremendous growth in the last one year. About 17,000 pro…
Tolexo collaborates with Google to boost sales
Tolexo, a B2B commerce company, is collaborating with Google to increase traffic to its website and drive sales. The company said order growth has gone up three times and the cost of customer acquisition had come down by 15% in the past year as a result of this partnership. “At Tolexo, we a…
India needs to retain its export market share | Pranab Mukherjee
As the volume of world trade is expected to remain sluggish in 2016, India needs to devise cohesive strategies of retaining its market share first and then increasing it, President Pranab Mukherjee said. He also said that exports sector is dynamic and is affected by changes in the policy both at …
IFC Leads Rs. 400 Crores Series D Investment in Lenskart
IFC, a member of the World Bank Group, is investing Rs. 171 Crores in Indian eyewear company Lenskart, to help the company expand access to high-quality and affordable eye-care products in tier-3, tier-4 cities. IFC was the lead investor for the Rs. 400 crores Series D investment round which also…
Startups are using hyperlocal tech like wifi to build their businesses
After the hyperlocal startup boom, entrepreneurs are now focusing on hyperlocal technology or proximity technology – iBeacon, GPS and WiFi – to build their businesses. A growing number of startups are entering into proximity marketing and the connectivity space. Startups like Ahmedaba…
Sistema Asia fund invests in Seclore founded by ex-IITians
Sistema Asia Fund has invested in Seclore, a Mumbai-based technology firm co-founded by ex-IITians Vishal Gupta and Abhijit Tannu. The proprietary venture capital fund of Russian conglomerate Sistema JSFC has provided $12 million of Series B funding to Seclore as part of a four-member investor co…