Bengaluru-Based Startup Trell Raises $4 Million in Funding
Trell has raised $4 million in a pre-Series A funding round. The funding round was led by Sequoia Capital India’s Surge, Fozun RZ Capital, and KTB Network. Trell is a Bengaluru-based startup that enables users (Indians) to share and find personalized recommendations and product reviews around interests such as movie […]
DeepTech Startup FlixStock Raises $2.5 Million In Funding
FlixStock, a DeepTech startup has raised $2.5 Million in funding. The funding round was led by early-stage venture capital firm Wavemaker Partners. Founded by Harindar Keer, FlixStock is a Gurugram-based DeepTech startup that helps its clients create catalogue images based on their products. The company uses AI to automate the selection […]
Airtel Payments Bank Launches Aadhaar Enabled Payment System (AePS)
Airtel Payments Bank has launched the Aadhaar Enabled Payment System (AePS), with which people can do transactions at over 2,50,000 of its banking locations across India. Using AePS, customers can carry out transactions using their Aadhaar number. Aadhaar Enabled Payment System allows 6 types of transactions, including withdrawal and deposit. […]
redBus Launches Shared Mobility Service rPool For Office Goers
redBus has launched intra-city shared mobility service rPool, and the service will be available only to office goers in Delhi NCR. The rpool service can be accessed using the redBus mobile app. The company had launched this service in Bengaluru, Hyderabad and Pune, last year. Talking about the rpool service, a company official […]
Amazon To Take On Zomato And Swiggy With Its Food Delivery Platform
Amazon is conducting a pilot in Bengaluru for its food delivery platform, and the pilot is expected to be launched in a couple of weeks.Amazon was planning to launch this platform around Diwali (last year), which later postponed to December. But things didn’t go as planned, and now the pilot […]
HDFC Bank Wants To Be The ‘Go-To Bank’ For The Startup Community
HDFC Bank wants to be a go-to bank for the startup community, a bank official said on Tuesday. According to the officials, HDFC Bank has dedicated ‘SmartUp‘ zones in 70 branches across 30 Indian cities. And, as per HDFC Bank’s Country Head, Smita Bhagat, around 9,000 startups are currently banking […]
ShareChat Acquires Social Ecommerce Startup Elanic
ShareChat, a vernacular content platform, announced that it has acquired Elanic, a social e-commerce startup. This Bangalore-based startup was founded in 2015 by Palkush Rai Chawla and Abhilash Narahari. Elanic is a peer-to-peer (P2P) online fashion marketplace that enables its users to showcase and sell their pre-owned fashion products. ShareChat’s […]
Reliance Jio and Microsoft Are Joining Hands To Shape Digital India
Reliance Jio and Microsoft are joining hands to shape Digital India with their cloud partnership. Mukesh Ambani at Microsoft Future Decoded–Tech Summit in Mumbai, said that both companies (Microsoft and Jio) would work together and provide digitalization and cloud computing services for several businesses. Talking about the partnership, Mukesh Ambani […]
Uber India preparing to expand its Electric Vehicles Fleet
To get dominance in the EV (electric vehicles) ecosystem, Uber India is preparing to expand its fleet of electric vehicles. Presently with 350 electric vehicles, Uber India is projecting to reach 1,500 EVs by the end of the year 2020. The Indian unit of Uber is planning to form strategic […]
MeitY and Nasscom to set up Centre of Excellence for IoT
Ministry of information and technology (MeitY) has partnered with the National Association of Software and Services Companies (Nasscom) to promote innovations based on Internet-of-Things (IoT). For that, the Centre of Excellence (CoE) for IoT will be set up at the Andhra University in Vishakhapatnam, Andhra Pradesh. This initiative will help […]