Hewlett Packard Enterprise Launches Program To Engage With Indian Tech Startups
Hewlett Packard Enterprise (HPE) in partnership with angel investing platform LetsVenture has launched the HPE Digital Catalyst Program to engage with the Indian tech startups. The program will focus on partnering with Indian startups working in cybersecurity, artificial intelligence (AI), DevSecOps, and intelligent edge. Under the program, Hewlett Packard Enterprise will work with a selected cohort […]
Electric Vehicle Startup EVage Raises Fresh Funding
Electric vehicle startup EVage has raised an undisclosed amount of funding led by Ola Electric Co-founder and Senior Advisor Anand Shah. And according to a statement, the funding round also saw participation from BryAir Director Varun Pahwa and DMI Group partner Anmol Nayyar. EVage is also set to launch their […]
Indian Social Media Platform ShareChat Acquires Hyperlocal Information Platform Circle Internet
Indian social media platform ShareChat has acquired hyperlocal information platform Circle Internet. Backed by companies like SAIF Partners and Venture Highway, Circle Internet provides local information to Indian language internet users in tier-II and tier-III cities. Circle app will be allowed to function independently, and its existing 15-member team will […]
Bengaluru Based Tech Startup Verloop.io Raises $5M In Series A Funding
Bengaluru-based tech startup Verloop.io has raised $5 million as part of its Series A funding round led by Alpha Wave Incubation. The funding round also saw participation from existing investors IDFC Parampara and Infosys Co-founder S Gopalakrishnan, according to a press statement. Now, with this fresh funding, Verloop.io plans to […]
Indian Digital Payments Market Likely To Grow To Rs 7,092 Trillion By 2025: Latest Report
As per a recent report by RedSeer, Bengaluru-based research and advisory firm, Digital payments in India are expected to grow over 3x to Rs 7,092 trillion by 2025, which was worth around Rs 2,162 trillion in 2019-20. The report also stated that this growth is based on taking into account […]
Otipy Raises $1 Million In Funding From Inflection Point Ventures
Otipy, a social commerce startup, has raised $1 million from Inflection Point Ventures (IPV). As per the startup, it will use the funding amount to augment the existing technology infrastructure. The startup also plans to expand its reseller base in Delhi/NCR, and build deeper relationships with the farmer ecosystem. Otipy […]
Logistics SaaS Startup ‘FarEye’ Raises $13 Million In Funding
Logistics SaaS platform FarEye has raised an additional $13 million (about Rs 97.3 crore) as an extension to its Series D investment from Nandan Nilekani-backed Fundamentum Partnership and KB Investment. In April, FarEye had raised $24.5 million (around Rs 183.5 crore) in series D funding from Microsoft’s venture fund M12, […]
More Opportunities For Indian MSMEs As Flipkart Partners With Nepal’s Leading E-commerce Player ‘Sastodeal’
Indian e-commerce giant Flipkart has partnered with Nepal’s leading e-commerce player Sastodeal. This partnership will help local Indian MSMEs to grow as it will open up cross-border trade opportunities. Under this partnership, Sastodeal will host over 5,000 product verticals from Flipkart Marketplace, including baby care & kids, sports & fitness, […]
Bengaluru Based Startup SmarterBiz Raises Pre-Series A Funding
Bengaluru-based startup SmarterBiz has raised Rs 8 crore as a part of its Pre-Series A funding round. The contributors for this funding round were StartupXseed Ventures, Bhaskar Pramanik, MJ Aravind, MJ Aniketh, Ravi Viswanath, Ramesh Radhakrishnan, and Ranjan Biswas. Founded by Rajesh Bernard, Vijay Krishna, and Prateek Mehta in 2014, […]
Logistics Startup ‘Delhivery’ Partners With ‘Volvo Trucks’ For Express Operations
Logistics unicorn Delhivery has joined hands with Volvo Trucks to test and deploy a new transport solution for express operations. With this partnership, they will address the challenges in speedy delivery and cost efficiencies of services. Under this partnership, Volvo’s unique solution of a tractor-trailer combination (Volvo FM420 4×2), that […]