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…
Start Up India
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…
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…
China funds scout for desi mobile startups
Several Chinese investment funds and mobile tech companies are betting big on early-stage Indian mobile startups. Some 15 of them are currently on a trip to India, organized by China-based venture capital management organization OnionFans, with the objective of identifying opportunities for inves…
Swiss Re launches ‘InsurTech’ startup accelerator
Swiss Re launched a corporate accelerator, ‘InsurTech’, to help startups develop business solutions for the insurance sector in India. The themes identified for the programme include the Internet of Things, systems of engagement and smart analytics. “Fintech is already disruptin…
Hey Didi in expansion mode, plans to have 5,000 women scooter drivers this year
Mumbai-based startup Hey Didi, a provider of last-mile delivery for ecommerce companies in the Maximum City, is in an expansion mode. Currently running a fleet of 10 women drivers on scooters in Mumbai, Hey Didi is planning to have 5,000 women scooter drivers in this calendar. Further, the boot-s…
Healthkart chooses nutrition & fitness over drug sales
From a company selling Over-The-Counter (OTC) medicines, Sequoia Capital-backed Healthkart has morphed into one that is totally focused on nutrition and fitness products. “We are re-orienting ourselves into a vertical player in fitness and nutrition. Initially we started with OTC drugs but …
SpiderG | Making small businesses count
SpiderG, a Pune-based tech start-up, currently serves around 250 businesses in that space but wants to take that count up to 20,000 in a year, while also taking its revenues from ₹ 1.5 crore to ₹22 crore by then. E-invoicing is its core offering while it also has specific features that help with …
At its warehouse, Nasscom bets on start-ups
Navanee Sundaramoorthy Co-Founded Uncanny Vision, an artificial intelligence start-up, which gives machines an ability to see and analyse like humans, from a garage in a residential area in east Bengaluru. He and other Co-Founders Ranjith Parakkal and Devadas Parakkal then moved to a proper offic…