The technology industry has had a long standing relationship with the academia with the latter’s breakthrough research activities forming the framework for commercially viable products and services that find a ready market. A similar budding alliance is now being forged between Indian tech start-…
Start Up India
Microsoft buys AI start-up Maluuba with deep learning, natural language chops
Microsoft announced a deal to buy Maluuba, a Montreal startup focused on making machines able to think the way people do. Bringing on board Maluuba Co-Founders Kaheer Suleman and Sam Pasupalak, along with their team from the startup, was intended to accelerate Microsoft’s “ability to …
Govt in talks with start-ups to push contactless payment
The government is in talks with technology providers to encourage the adoption of new cashless technologies such as contactless payments that use sound waves and near-field communication. “We are looking at a lot of new technologies that enable cashless transactions with less investment on infras…
Kratikal Tech raises close to $500k in seed funding
Cybersecurity start-up Kratikal Tech Pvt. Ltd. on said it has raised seed funding from former Director of Microsoft India Praveen Dubey, along with Amajit Gupta, former managing director Juniper Networks India and J.P. Bhatt, Chief Executive of ImpactQA. Kratikal has raised close to $500,000, sai…
Budget2017: A wishlist from India’s start-up entrepreneurs
This year’s Budget to be announced next month is expected to be a big one for startups which are reeling under the impact of demonetisation. The government may announce a string of initiatives to support them, including widening of the tax-free regime to five years from three years and faster pro…
How start-ups using tech to simplify equity investing for newbies
BENGALURU: Anugrah Shrivastava used to be a research executive at Japanese investment bank Nomura. During his three year stint at the firm, he realised that a lot of stocks move in the same direction based on a theme, event, or development. What if one could build a technology product that would …
Hyderabad model for Odisha start-up hub likely
BHUBANESWAR: The Odisha government is planning to set up a start-up hub, a one-stop destination to facilitate young entrepreneurs in the state. The proposed centre will be in line with T-Hub (one of the country’s largest incubator for start-ups), in Hyderabad. “It will not only provid…
Goan start-up to track Election Commission vehicles in Punjab & Goa
PANAJI: Any fears of misuse of government vehicles during the elections can now rest with a six-month old Goan start-up stepping forward to track and monitor Election Commission vehicles on a real time basis in Goa and in Punjab for the February 4 state assembly elections. The Panaji-based start-…
Square Yards raises additional $10 mn from investors
Online to offline real estate platform Square Yards has raised $10 million in the form of convertible notes from multiple individual investors primarily based outside India. The company said the $10 million mopped from multiple investors will be utilised for expansion into newer international geo…
Online learning portal Unacademy raises Rs 30 cr in funding
Bengaluru: Unacademy, the online learning platform, has raised $4.5 million (approx. Rs 30 crores) in a Series A funding led by Nexus Venture Partners and existing investor Blume Ventures. Girish Mathrubootham, CEO of Freshdesk and Ananth Narayanan, CEO of Myntra along with Stanford Angels have a…