Start Up India

M&M TESTS START-UP WATERS WITH SMARTSHIFT

Want to move furniture to your new house? Have you started a packaged water business? In either case, you need to worry about logistics. To address this demand, Mahindra & Mahindra has launched a digital marketplace for intra-city cargo movers. This will connect transporters with users throug…

SHADOWFAX TO OPEN R&D CENTRE FOR DATA ANALYTICS

Mumbai-based on-demand hyperlocal logistics startup Shadowfax is opening a research and development centre, which will focus on new product launches and data analytics.  The centre, to be set up in Bengaluru, will house more than 60 employees, making it the largest operations setup for the startu…

GOVT PLANS 5 IoT START-UP INCUBATION CENTRES

As part of Prime Minister Narendra Modi’s Digital India and Startup India campaign, the government is planning to develop five Internet of Things (IoT) – which allows a set of connected devices running on software and sensors to exchange data – start-up incubation centres.  Conf…

MOVEINSYNC STARTS EMPLOYEE TRANSPORT SERVICE IN VADODARA

In a big relief to the employees and management of large corporates, including multi-national companies, located in Vadodara, commuting for office in the nearby industrial estates is set to become much easier. A Bengaluru-based enterprise transport service provider, MoveInSync,on Friday launched …

HEALTHASSURE IN TALKS WITH VC FUNDS TO RAISE $7 M

HealthAssure, a Mumbai-based primary healthcare services aggregator, is in talks with a clutch of Venture Capital (VC) firms to raise $7 million. The start-up, which counts serial entrepreneur Rajul Garg as mentor, intends to close the ‘Series A’ funding (first institutional fund-raising) by Febr…

HEALTHCARE DISCOVERY APP MEDINFI RAISES RS 2 CRORE IN ANGEL ROUND

Location-based app for finding patient-reviewed clinics in the vicinity and booking doctor appointments, Medinfi has raised an angel round of Rs 2 crore from a group of investors. The company founded by Ravi Krishna Mishra, former head of retailer marketing at Amazon late last year is currently l…

CARAVAN CRAFT RAISES RS 8.5 CRORE FROM UNITUS SEED FUND

Caravan Evolved Craft has raised a fresh round of funding of Rs 8.5 crore from existing investor Unitus Seed Fund and others. This takes the total amount of equity raised by the company to Rs 12 crore. Alongside, it has raised debt of Rs 14 crore from National Skill Development Corporation (NSDC)…

HELLO CURRY TIES UP WITH IRCTC TO PROVIDE MEALS ON TRAINS

Hello Curry, a Hyderabad-based fast food chain start-up, has entered into a partnership with Indian Railway Catering and Tourism Corporation (IRCTC) to supply meal options to railway passengers.  “A majority of passengers do not have the time or the means to carry food for their journey dur…

NUMBERMALL ACQUIRES ANALYTICS START-UP BANKSMARTS SOLUTIONS

NumberMall, a Hyderabad-based merchant-engaged payment gateway services platform, has acquired all the businesses of Delhi-headquartered analytics start-up BankSmarts Solutions for an undisclosed sum.  The acquisition will extend NumberMall’s analytics capabilities, customer reach and merchant of…

QUINTYPE LAUNCHES SPEAKWRITE TO INVEST IN DIGITAL MEDIA START-UPS

Digital publishing company Quintype, backed by Indian media baron Raghav Bahl, has launched SpeakWrite, an accelerator programme through which it hopes to invest in digital media start-ups.  The programme will look to mentor, develop and launch sites and apps developed by selected start-up compan…