Workflow automation start-up Zapty has secured $500K in its latest round of funding from Ideaspring Capital. The startup will deploy the raised funds towards enhancing its product offering to create industry-grade solutions. Arvind Agarwal, CEO of Zapty said, “Traditional workflow solutions make …
Start Up India
CFTRI to promote start-ups in food processing sector
With a view to promoting start-ups in the food processing sector, CSIR-Central Food Technological Research Institute (CFTRI), Mysuru, will be launching entrepreneurship training programmes in association with the Kautilya Entrepreneurship and Management Institute, Bengaluru. Breakfast foods, read…
Italy evinces interest in Make in India, Startup India & Digital India
The bilateral relationship between India and Italy is witnessing significant changes, with a large Italian business delegation visiting India in the last week of April and Commerce Minister Nirmala Sitharaman just concluding her trip to Rome. Sitharaman, accompanied by senior officials from the D…
Funding Revival: Chinese & US tech corporates re-energise Indian start-ups
There’s a start-up funding revival in 2017, and it is being driven by Chinese and US tech companies. In 2015, it were hedge funds and pension funds that played a big role in large funding rounds, and it was their retreat that led to the slowdown of 2016. But now, corporate funds have come t…
Fynd secures $500k in follow on Series A funding from Rocketship
Mumbai-based e-Commerce fashion platform Fynd has raised $500,000 in a follow-on Series A funding round from Silicon Valley-based Rocketship. Rocketship is an early-stage venture capital fund investing in companies using models built through data science. The firm’s founders, Venky Harinarayan an…
Takeaway start-up Delivery Hero raises €387 m from Naspers
Online food takeaway firm Delivery Hero, one of Europe’s biggest start-ups, has raised 387 million euros by issuing new shares to South African media and e-Commerce firm Naspers. This investment will help fuel Delivery Hero’s growth plans. Naspers will also be represented with one member on Deliv…
Start-up migration: In Bengaluru, Keralite entrepreneurs find a safe domain
Varun Priyan, Founder of VRnxt, a Kochi-based start-up focusing on Augmented Reality and Virtual Reality (AR/VR), had big ambitions while developing a mobile-based VR tool for property dealers and automobile dealers. But now, his dreams are in tatters. After initial success, he has been finding i…
Harvest jobs, reap benefits: Soon, cos to state hiring estimates to qualify under Startup India
New Delhi: Companies eyeing benefits under the Startup India programme will soon have to declare upfront how many jobs they will create in order to qualify as the government moves to make employment generation the guiding principle for all its major programmes. “We will soon notify the new …
K’taka sets aside Rs 2.5 cr for original IPs in animation under Idea2PoC initiative
The Karnataka Government on May 14 announced a grant of Rs 2.5 crore for Intellectual Properties (IP) in the animation sector. The grant is aimed at developing world-class content for a global audience from Karnataka. The State Government will provide a grant of up to Rs 50 lakh to each of the IP…
Vdocipher named India’s best start-up at Seedstars World
Seedstars World, the global seed-stage startup competition for emerging markets and fast-growing startup scenes brought its India round to a successful close during Seedstars Delhi. The event took place this Saturday 13th May at 91Springboard, and 8 selected startups were invited to present their…