In another event to boost startup ecosystem in the country, a two-day national Startup Fest is on the cards this August. The Department of Industrial Policy and Promotion (DIPP) is in the process of finalising the details of the event that is likely to be held in Hyderabad. It is planning to invi…
Start Up India
OYO enters into partnership with ItzCash to build strong Omni-channel presence
OYO, India’s largest branded network of hotels announced a strategic partnership with ItzCash, India’s pioneer and the largest player in the digital payments space, to tap the next 500 million underserved Indian consumer segment. The tie-up will facilitate effortless payments for hotel-bookings a…
Kalaari Capital leads $2 million Series A funding round in Creditvidya
Early-to-mid-stage venture capital firm Kalaari Capital has led a $2 million (Rs 13.3 crore) funding round in financial technology startup Infocredit Services, which operates credit score advisory platform CreditVidya . Additionally, the three year-old, Mumbai-based startup has received Rs 1 cror…
LegalDesk.com planning to launch Aadhaar-based e-signing product
LegalDesk.com, a DIY platform for legal documents, plans to launch an Aadhaar-based e-signing product for verifications in legal documents and also several legal service packages for startups. The one-year-old law startup, which is in the process of raising a$5-million seed round, from select ins…
Private incubators too may be allowed to certify startups
The government’s Department of Industrial Policy and Promotion (DIPP) will issue a notification to put in place a framework to enable private incubators certify startups as part of its Startup India plan making them eligible for tax benefits and other facilities, official sources told. R…
ORACLE selects five startups for accelerator programme
After announcing an accelerator program for startups in India in April, Oracle has announced its first batch of first firms. The idea behind the programme is to help India’s startup ecosystem and to support to the Digital India initiative. The first which have been selected include a plug-n…
Digital and entertainment startup SillyMonks raises Rs 3 crore
Digital and entertainment startup SillyMonks announced 5 June 2016 that they raised Rs 3 crore from high-networth individual Sreenivasa Reddy Musani, Chairman and Managing Director of Ektha group. The company claims that this deal marks the largest HNI investment in this space in the south of Ind…
5 Start-Ups in the healthcare sector that’s buzzing now
The startup trend in the country is growing widely. Investors are ready to bet high on startups especially the health-tech as it is giving higher returns and burning lower cash. Over a period of time health-tech startups are coming over to make hospitality and nursing more easy by providing vario…
Voonik acquires three startups
Sequoia Capital-backed fashion marketplace Voonik has acquired three startups to build its premium fashion product Vilara . The company has now acquired five startups in the past six months. Voonik, which is focused on curated fashion, is attempting to strengthen its leadership in the unbranded f…
Jugnoo launches auto-rickshaw ride pooling service
NEW DELHI: SoCoMo Technologies, which owns and operates auto rickshaw aggregator platform Jugnoo, has launched its rickshaw ride pooling service, Jugnoo Pool, the Chandigarh-headquartered company announced on 3rd June 2016. The announcement came on the same day as ride-hailing app Uber , also the…