Edutech startup Thikerbell Labs has raised $202,000 (Rs 13 million) in an angel-investment round led by led by Rajesh Navaneetham and Manjunath Nayak from Indian Angel Network (IAN). Anand Mahindra, Chairman and Managing Director at Mahindra Group too invested in this Bengaluru-based start-up tha…
Tag: BITS Pilani
Helion’s Rahul Chandra floats a $100 m venture capital
Helion Venture Partners’ Managing Director Rahul Chandra has floated a new venture capital called Unitary Helion, which is planning to raise a $100 million fund focused on deals in the financial technology space. The move comes as Helion Venture Partners, which raised over $600 million back…
H-1B lottery: Why a loss for Infosys, Cognizant will be a gain for tech start-ups
I’m travelling in the Bay Area, in a cab driven by a woman software tester. She says she has been out of job for months now and driving a cab is the only way she can pay her bills, living just outside of San Francisco. My company is looking for coders and testers but in Asia, I […]
Virtual reality start-up absentia secures $1.2 mn funding from exfinity, others
Bengaluru-based AI and virtual reality startup Absentia VR has secured $1.2 Mn (INR 8 Cr) in its Pre-Series A round of funding from Exfinity Venture Partners, T.V Mohandas Pai, Deepak Ghaisas, Girish Paranjpe, and V. Balakrishnan. The startup will deploy the funds to build its new offering, Norah…
Speed hatching India Inc 2.0: What we can learn from Israel
In the 1990s, Israel faced a serious challenge. An influx of over a million ex-Soviet Jewish immigrants needed to be provided for, in rough economic times. The government of Israel launched the Technology Business Incubator Program. The goal was to arm the immigrants (who were mostly educated) wi…
Virtual reality startup ShilpMIS raises angel funding
Surat-based ShilpMIS Technologies Pvt. Ltd has raised an undisclosed amount in funding from Puneet Gupta, a digital industry veteran and angel investor, Nimitt Desai, partner at Deloitte US, and other high net worth individuals (HNIs), a top company executive told. Founded earlier this month by I…
Gadget repair service PICKmE secures $1.79 mn from SIDBI VC
Mumbai-based PICKmE e-Solutions India Pvt Ltd has raised Rs 12 crore ($1.79 million) from SIDBI Venture Capital Fund, according to a filing with the Registrar of Companies. SIDBI has bought 30,133 shares at Rs. 3,982.34 apiece. The gadget insurance and repair services startup will use the capital…
Mental healthcare an untapped chance for start-ups
Goa: Given the stigma that surrounds it, mental health is often ignored or at best given a step-motherly treatment. Mental health experts and information technology entrepreneurs argue that technology has the potential to make significant (and cost-effective) contribution to mental healthcare, es…
Amazon India considers investment in online food delivery startup Swiggy
Amazon India is considering an investment in online food delivery startup Swiggy and has held several rounds of discussions with the Bengaluru-based startup over the past three months, according to four people directly aware of the ongoing negotiations. Swiggy has also attracted the attention of …
Bits Pilani graduates launch patient-physician mobile health app visit
Four graduates of BITS Pilani have come together to launch an on-demand healthcare platform, named VISIT, that connects patients with practitioners anytime, anywhere through smartphone or computer. The motivation for building the telemedicine app came when they — Anurag Prasad, Vaibhav Sing…