India, which is in the midst of a startup boom, is ready to retake its place as a top five global economy by 2030, when its gross domestic product will cross $10 trillion. Sanjay Anandram, Advisor at iSpirt, a think tank for the Indian software products industry, said India is optimising to empow…
Tag: Ravi Gururaj
Wings to tech start-ups: NASSCOM brings back INNOTREK; A chance to go to Silicon Valley
Aiming to bridge India’s Start-up Success dream, National Association of Software and Services Companies’ (NASSCOM) 10,000 Startups program is all set to give wings to select innovators and entrepreneurs from the country, giving them a chance to explore new opportunities. For the 4th consecutive …
Snackexperts raises Pre series A funding, existing investors exit company
Chennai: Healthy snacking startup Snackexperts received undisclosed Pre Series A funding from Dipti Ranjan Pattnaik, chairman of Altrade Group, Shobhit Anand Das, Rohit Anand Das and Navnit Krishna, who have invested in their individual capacity. The existing investors Ajeet Khurana, Taha Nabee, …
UK spy agency hires Indian start-up for cybersecurity programme
Bengaluru: The next time a hacker tries to break into a British bank, chances are that technology from a small Indian startup will detect the hack. Earlier this month, Britain’s top communications spy agency GCHQ (Government Communications Headquarters), which had cracked Nazi Germany’…
Start-up investment down 18% this year
The funding spree in Indian start-ups has slowed this year, with less of big-size investments, says a Nasscom-Zinnov report for 2016 on the sector. Indian start-ups could attract $4 billion (Rs 26,700 crore) of investment this year, an 18 per cent decrease from last year’s $4.9 bn. “Funding in qu…
Interest of global tech giants including Apple, Intel revives in Indian startup space
Apple’s recent acquisition of Indian machine-learning startup Tuplejump offers further evidence of a revival in the interest of global technology giants in the country’s startup space, especially in areas such as artificial intelligence, cloud infrastructure and automation. Enthusiasm…
Start-ups in a state over Karnataka’s rules
Start-ups in India’s innovation capital Bengaluru are chary about their survival in the wake of the stand-off between Uber, the world’s most valuable start-up, and the Karnataka government. While Uber is yet to comply with the On Demand Transportation Technology Aggregators Rules, 2016, implement…
Nasscom, Facebook ink MoU to engage with India’s entrepreneurs
The trade body of Indian IT firms NASSCOM has signed an MoU with Facebook to build a product design initiative to engage the country’s young entrepreneurs into becoming problem solvers and solution builders. Signed in Silicon Valley this week, the NASSCOM-Facebook initiative is likely to pr…