For Indian Internet start-ups, this year turned 2015 on its head. Valuation markdowns, executive departures, job cuts, market share losses (to American rivals) and a lack of big-ticket fund raises dominated the headlines in 2016. It was a total departure from the previous year, when start-ups tou…
Tag: Silicon Valley
Tirupati Tech Expo notes increase in participation of innovators & tech startups
About 100 domestic and international business agreements were signed at the DST-Lockheed Martin India Innovation Growth Programme(IIGP)‘s Tirupati Technology Expo in Tirupati city. The number of agreements, which are primarily aimed at taking the innovative technology ideas to the market, h…
Google cap to back edu-startup Cuemath
Google Capital, the investing arm of tech giant Google, may lead a $13-15 million financing round in Bengaluru-based education startup Cuemath, three people aware of the fund-raise said. Backed by Sequoia Capital, Cuemath develops in-house math content which is a combination of worksheets, tabbas…
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…
Kris Gopalakrishnan-backed JetSynthesys invests $3 million in ‘garage’ for start-ups
Infosys Co-Founder Kris Gopalakrishnan-backed JetSynthesys Ltd and announced the launch of ‘Garage’, a unique infrastructure based concept that offers to provide a perfect eco-system for start-ups. JetSynthesys has already invested over $3 million in creating this first ‘Garage&…
TravelTriangle ties up with Paytm to integrate its payment wallet
Noida-based online holiday market place TravelTriangle has partnered with Paytm to integrate its payment wallet on its web platform and mobile site. Targeted towards making payments cashless for their customers, Travel Triangle is also offering 10% cashback on its site for all trips booked via e-…
SEBI plans to relax start-up listing norms by next month
To make start-up listing platform more attractive, regulator Sebi plans to relax norms by next month to help them tap this avenue for raising funds as also to give an easier exit opportunity to their existing investors including from abroad. The platform is aimed at providing easier exit options …
Apple CEO Tim Cook meets founders of UrbanClap, Cynapse, Sweetcouch and Avaz
Apple CEO Tim Cook had a meeting with founders of four startups on the first leg of his India trip on May 18, as he looked to understand what the country’s young mobile app developers are building. Cook met executives of home services application UrbanClap , software products maker Cynapse …
Start-ups to join Google class in June
Google announced on May 11, six Indian start-ups would join its Launchpad Accelerator at the tech giant headquarters at Silicon Valley in California in June. This would be the second class of Indian start-ups. They will join 18 promising new companies from Brazil, Indonesia and Mexico. The two-we…
Large companies, not varsities are new startup garages| Anand Mahindra
Large corporations, and not necessarily reputed tech schools like IITs or MIT, are the new startup garages as big businesses race to stay relevant, Mahindra Group Chairman Anand Mahindra has said. “The new garage is not necessarily in the MIT or Stanford or the IITs. It is in fact, back in …