Chennai: In a bid to solve the rising cost of quality resources – such as office space, access to CRM softwares etc – which are unaffordable at times for bootstrapped, early stage startups, their established well-funded counterparts such as Freshdesk, Zarget, Chargebee and CloudCherry…
Start Up India
Silver lining: Infosys founders’ accelerator doubles start-up intake
Amidst the gloom in India’s startup ecosystem over a funding crunch, here’s a silver lining: Bangalore’s Axilor has announced a doubling of the intake of startups for its accelerator program. Axilor was launched in November 2014 by Infosys founders Kris Gopalakrishnan and S D Shibulal along with …
Nasscom’s IoT centre ties up with Revvx for start-up accelerator
IT industry body Nasscom’s Centre for Excellence for Internet of Things has tied up with Bangalore-based hardware accelerator Revvx to launch an accelerator that will focus on startups in areas such as IoT, smart gadgets and artificial intelligence. As part of the alliance Revvx will move its upc…
CarTrade raises $55 mn afresh to drive growth
CarTrade, India’s leading online automobile classifieds platform, on February 8 said that it has raised $55 million in a fresh round of funding led by Temasek, an investment company based in Singapore, alongside a large US family office. This injection of capital will be used to support CarTrade’…
Mobikwik sees spike in merchant enrolment in Tier II, III; registers 3k% growth
Indian mobile wallet major MobiKwik has said that Tier II and Tier III towns are leading the next level of growth in cashless transactions as the steps initiated by the Central Government to promote digital payments in smaller towns are yielding results. States such as Uttar Pradesh, Bihar and Jh…
Education technology start-up Acadgild provides learning via mentors
Vikalp Jain is a techie who believes that software development requires highly specialised skills, best learned with guidance from experienced practitioners. “Online videos or classroom formats are poor substitutes for building real projects with the help of a dedicated mentor,” says Jain, Co-Fou…
3D design tech firm Autodesk reboots business, eyes start-ups, SMBs in India
Inspired by the successful transition of Adobe, Intuit and Microsoft’s business model—from sale of licenses to an ongoing subscription model—US-based technology firm Autodesk, which has been selling standalone perpetual licences for its popular software products, has moved to a subscription-only …
Amrita University commits for $350,000 in seed funding for five start-ups
Kochi: Amrita University’s Technology Business Incubator (TBI) has committed $350,000 in seed funding for five promising start-ups, which were shortlisted out of 720 startups from across the country that participated in the fifth edition of annual PitchFest organised by it. The five winning start…
Legal services platform for SMEs ‘LegalRaasta’ raises Rs 7 cr from angel investors
This article is published in collaboration with Scutify, where you can find real-time markets and stock commentary from Robert Marcin, Cody Willard and others. Download the Scutify iOS App, the Scutify Android App or visit Scutify.com. Delhi-based tech platform that simplifies legal and business …
Ratan Tata to resume investing in start-ups
Tata Sons interim chairman Ratan Tata has said he would go back to investing in startups this month after handing over the reins of the Tata group to N Chandrasekaran, Managing Director and chief executive of Tata Consultancy Services (TCS), who will formally take over on 23 February. After retir…