Bot builder platform Gupshup plans to introduce templatised bots in a bid to make them accessible to small and medium businesses. A bot is a software application that can run automated tasks on the Internet. They are being deployed by businesses to replace basic customer interactions. Over the ne…
Tag: startup
Nasscom opens internet of things start-up in Bangalore
The National Association of Software and Services Companies (Nasscom) has launched a Centre of Excellence — Internet of Things (CoE- IoT) at its start-ups warehouse in Bengaluru. The CoE will focus on leveraging IT strengths and creating a new age industry with the support of IoT-based ideas. Mul…
Kalraj Mishra unveils world’s largest ‘Charkha’ at IGI Airport
New Delhi, July 5: World’s largest Charkha (spinning wheels) was unveiled today by Kalraj Mishra, Union Minister for MSME at the Terminal 3 of IGI Airport Delhi. The idea behind displaying the world’s biggest charkha at the country’s “busiest airport” is to highlight India’s quest to foster an eg…
Women entrepreneurs can play greater role in defence production: FLO President
Women entrepreneurs and corporate houses can play a greater role in India’s defence production, the Ficci Ladies Organisation (FLO) said here on July 4. “FLO welcomes recent steps taken by the government to promote participation of private sector in indigenous defence productions and …
Mukesh Bansal’s new startup ‘CureFit’ bags $15 million funding
Mukesh Bansal, the Co-Founder of fashion portal Myntra, has snagged funding for his new startup — CureFit — from a group of marque investors, who backed his maiden venture and have now stepped up to close one of the largest seed investment rounds in the Indian startup sector this year. Accel Part…
Companies get more leeway in taking deposits with revised norms
Government has tweaked the rules governing acceptance of deposits by companies, a move that provides more flexibility for startups in garnering funds. Besides, entities have been given more time to have deposit insurance in place. The latest amendments to certain rules under the Companies Act is …
Aramex invests in Grab.in and Logisure to bridge last-mile delivery
Global logistics service provider Aramex has invested in last mile mobile-based companies Grab.in and Logisure to strengthen its last-mile delivery service in the ecommerce segment in India. The company has committed to invest Rs 20 crore in Zomato backed last-mile delivery company Grab a Grub, w…
P2P players bank on institutional lenders for growth
I-lend has stitched a partnership with Hyderabad-based non-banking finance company Star Finserve, becoming the first peer-toper online lending platform to join hands with an institutional lender while several other players including MicroGraam, Faircent and LenDenClub are in talks for similar pac…
Start-Up Innefu Labs finds desi success, eyes foreign foray
The vibrant startup ecosystem in the country has witnessed the inception of companies focused on various segments of the technology domain, but the area of cyber security has seen far and few between. Innefu Labs, a cyber security startup founded by two college batchmates—Tarun Wig and Abhishek S…
Airbnb seeks funds valuing it at $30 billion: Source
Apartment-sharing startup Airbnb is in talks for a new round of funding that would value the company at $30 billion, a source close to the company said on June 28. Airbnb intends to use the financing to support new investments and growth opportunities, the source added. The New York Times first r…