Mumbai-based on-demand food delivery start-up BOX8 has raised about $1 million (Rs 7 crore) in venture debt funding from Trifecta Capital. This development comes right on the heels of the start-up raising $7.5 million (Rs 50 crore) Series B funding from IIFL Seed Ventures Fund and Mayfield Ventur…
Tag: ideaForge
How PPP model is helping Indian industry projects take a lead
Startups are paving way to innovation such that could, if partnered with, lead to the making India a global leader in terms of technology. Government-based projects in India are attracting high-end technological advancement proposed by the great minds of this country. Several startups that are fo…
Riddled with challenges, Smart City project is mostly “noise” for start-ups
For 1.5-year-old Delhi-based startup GetMyParking, the government’s 100 Smart Cities project is a mouth-watering business opportunity. “Smart city projects are about huge scale. We are talking about 100 smart cities and many more to come,” said Rasik Pansare, Co-Founder at the 45-people startup t…
Start-ups serve India’s defence & profitably
Bengaluru: Last January, when Pathankot district in Punjab came under crossborder firing, the Indian army depended heavily on unmanned aerial vehicles (UAVs). The soldiers used them for border surveillance. Those UAVs were built by IdeaForge, a 100-people, Mumbai-based venture that was started in…
Indian UAV start-up ideaForge raises funds from Infosys
Infosys said on December 15 that it has invested an undisclosed amount in the Indian UAV manufacturing startup, ideaForge. Infosys has been aggressively investing on startups in the current quarter. It will fund ideaForge through its Innovation Fund. The investment is subject to receipt of regula…