This is the biggest start-up summit in the central and northern India, and it was the first time for the entire edtech start-up ecosystem to come together under a roof.
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Tag: EdTech
‘Venture capital market poised to be on a high growth trajectory in Q2’2017’
2016 has been a good year with uncertainty waning in the US. According to Venture Pulse, a quarterly report on global VC trends published by KPMG, there are signs of optimism in the venture capital (VC) market as total investment in the first quarter of 2017 by US VC-backed companies reached $17.…
Pune now decks up for a spot on India’s startup map
The Pune Smart City Development Corporation (PSCDC) has set up a new subsidiary, Pune Idea Factory Foundation (PIFF), which will serve as a one-stop shop for anything startup related in the city. Maharashtra Chief Minister Devendra Fadnavis has said that he would like to make the city India’…
Facebook invests $40k in Edtech start-up EduRev under the FBstart program
Social media giant Facebook has selected the fast growing Edtech startup Edurev for its much sought after FB Start program. EduRev will receive credits up to $40,000 and free tools and services from Facebook and its more than 30 partners including Amazon, UserTesting, Dropbox, and MailChimp. Besi…
Big setback for start-ups in India, investment plunge 44% in 2016: Study
Investments in start-ups declined significantly in volume (28%) and value (44%) in calender 2016. The deal sizes got smaller as angel and early-stage funding dominated and late stage funding took a backseat, said VCCEdge in its year-end analysis. In 2016, start-ups witnessed a 44.3% decline in in…
Here’s how start-ups’ success can be measured
The problem with excessive and premature hype is that the euphoria is often followed by disillusionment. The soaring valuations of copycat e-commerce start-ups in the last three years has been reminiscent of the dotcom spurt at the end of the last century. The dotcom bust, when it happened, was s…
NIIT acquires business of ed-tech startup Perceptron
Learning solutions provider NIIT has acquired the business of Bangalore based start-up Perceptron Learning in a bid to accelerate its digital transformation initiatives – StackRoute, digiNxt, and Training.com. It also announced the appointment of Satish Sukumar, Co-Founder and Chief Executive (…
Chinese investors bullish about Indian start-ups; jointly provide $50 mn of funding
A dozen Chinese investors offered at a technology summit on September 25 to jointly provide funding of about $50 million (Rs 334 crore) for Indian start-ups. The investors include a Cyber Carrier, a Hong Kong-based Chinese internet enterprise that has set up a $30 million initiative fund in Janua…
Amadeus Capital eyes marketplaces, Ed-Tech and FinTech Firms
UK-based global technology investor Amadeus Capital is betting on marketplaces, EdTech, FinTech and product-based SaaS (software as a service) companies in India. Amadeus recently announced its first direct investment in the country, in maketplace IndiaMart. India investments will be made from th…