Tag: IIT-Bombay

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…

Security tech start-up Seclore bags three deals from govt

Bengaluru: Security tech startup Seclore Technology, which provides enterprises with digital rights management solution, sees huge business opportunity in the Indian security space. The Sistema Asia Fund-backed startup has recently signed up with three security-based projects with the Indian gove…

Bizongo raises $3 mn from IDG Ventures, Accel Partners

Bengaluru: Bizongo, run by Smartpaddle Technology Pvt. Ltd, a marketplace where businesses can procure packaging materials, on November 4th said it raised $3 million in a Series A round of funding from venture capital firms IDG Ventures and Accel Partners, an existing investor. The Mumbai-based f…

AppsDaily raises $3.75 mn from founders, others

Mumbai-based mobile protection and security firm AppsDaily Solutions Pvt. Ltd said it secured Rs 25 crore ($3.75 million) from founders and existing investors. The fresh capital would be used to finance growth plans, AppsDaily said in a statement. The company’s existing investors include Zodius C…

IIT-Bombay start-up incubator goes for expansion

Society for Innovation and Entrepreneurship (SINE), the incubation centre at IIT Bombay, is looking to expand its operations as it sees steep rise in number of student-start-ups vying for space. The 12-year-old incubator has 28 start-ups. It expects the number to rise to 50-60 by next year and to…

StartUp India gets a shot in the arm in Maharashtra

In sync with Prime Minister Narendra Modi’s StartUp India initiative, the Maharashtra government has freed the State Innovation Council from its clutches, making it an independent body with the prime objective to make Mumbai and Maharashtra the capital of start-ups. The state cabinet took a…