Infosys Co-Founder Kris Gopalakrishnan-backed JetSynthesys Ltd and announced the launch of ‘Garage’, a unique infrastructure based concept that offers to provide a perfect eco-system for start-ups. JetSynthesys has already invested over $3 million in creating this first ‘Garage&…
Start Up India
Shopclues acquires Bengaluru-based startup Momoe
Online marketplace ShopClues, the newest member of the billion-dollar valuation club, has acquired Bengaluru-based startup Momoe as it looks to build a payments business. The deal will also help ShopClues establish an office in the startup capital and all five Momoe founders are expected to join …
Travel Boutique Online ties up with Fxkart.com
Naspers backed travel portal Travel Boutique Online has entered into a strategic partnership with Fxkart.com, a marketplace of foreign exchange dealers. The company said the move will enable its 19,000 travel agents to make foreign exchange bookings for their customers seamlessly. Travel Boutique…
Indian start-ups showcase prowess in Africa
In an effort to boost the start-up ecosystem in Africa, a delegation of 21 Indian start-ups, which had accompanied Prime Minister Narendra Modi to Kenya, have showcased their technologies and case studies there. These start-ups were jointly led by the Federation of Indian Chambers of Commerce and…
Kerala launches online incubator for student start-ups
Kerala Chief Minister Pinarayi Vijayan has launched SV.CO, purportedly world’s first digital student incubator, as a digital makeover of the Startup Village in Kochi. SV.CO will constitute the second phase of development of Startup Village and is designed to help thousands of college-goers make a…
Dentist gear sourcing start-up eyes $ 2m Series A
Digital technologies have been disrupting several traditional businesses. Dental practice has not yet, relatively, seen a digital transformation. Dental practice requires a lot of tools and equipment, but dentists find it difficult to procure them, especially in Tier-II and III cities. Seeing sev…
ShareChat raises $1.35 million in seed funding led by Saif Partners
SAIF Partners said it has invested $ 1.35 million (about Rs 9 crore) in ShareChat, a vernacular social network. The Bengaluru-based firm was also selected for the second batch of the Google’s Launchpad accelerator in Mountain View, California, along with five other Indian startups. The capi…
Cisco Spark ties up with Gupshup and API.ai
Cisco will be working with bot builder platforms Gupshup and API.ai to integrate their bot development capabilities with Cisco Spark. Cisco Spark is the company’s fully integrated cloud-based collaboration service. Gupshup’s bot development platform enables developers to quickly build…
SIDBI picks eight ventures to invest Rs 428 cr in startups
The Small Industries Development Bank of India (Sidbi) has chosen eight venture funds to invest in startups as defined under the Startup India Action Plan and will support them with a corpus amount of Rs 428 crore. Sidbi’s Venture Capital Investment Committee (VCIC), which comprises former …
Smallcase launches thematic investing for concentrated bets
The innovation bug has caught brokerages as well, with the launch of products that enable investors bet on market ‘themes’. Smallcase, a startup backed by discount brokerage Zerodha has launched thematic groups like ‘GST basket’, ‘monsoon cheer’, ‘rural d…