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 […]
Google removes nearly 600 apps from the Play Store with disruptive ads
Google is removing apps on the Google Play Store with the most ‘disruptive ads’. Google announced on its security blog that it had removed nearly 600 apps from the Play Store, also banning them from ad monetization platforms like Google AdMob and Google Ad Manager. As per Google, ‘disruptive ads’ are those […]
Funding Schemes For Women Entrepreneurs In India
With increasing business opportunities, the number of Women Entrepreneurs has also increased. And to nurture this growth, many schemes are available for Women Entrepreneurs in India. Under these schemes, Women entrepreneurs can get loans as per their requirements, at low-interest rates, and in some, no collateral is required. Funding Schemes […]
Everything You Want To Know About the EdTech Sector
The EdTech sector globally has reached from $9 Billion in investment in 2017 to $16.3 Billion in 2018. This rapid growth is the reason that investments in the EdTech industry are forecasted to grow at a rate of 17% per year. In terms of market value and startups in the Ed-tech sector, India is not far […]
GO DESi, a food-tech startup raises Rs. 4.5 Crore from Rukam Capital
GO DESi, a food-tech startup has raised Rs 4.5 Crore from Rukam Capital. Other investors who also participated in this funding round include AngelList and Upaya Social Ventures. Go DESi is a Bangalore-based, food-tech startup that offers packaged food inspired by Indian flavours. And as per the company, the money […]
Udemy raises $50 Million (Rs. 360.05 Crore) in funding from Benesse Holdings
Udemy, an online learning platform has raised $50 Million (Rs. 360.05 Crore) in funding from a single investor, Benesse Holdings. The funding deal values Udemy at a US $2 billion pre-money valuation and as per company statement, The company plans to further invest in markets around the world and will expand […]
Swiggy Has Raised $113 Million (Rs. 809.68 Crore) In Series I Funding Round
Swiggy has raised $113 Million (Rs. 809.68 Crore) as part of its Series I funding round. The funding round saw participation from existing investors- Chinese local services platform Meituan Dianping and Wellington Management Company. Swiggy’s CEO, Sriharsha Majety said, “Over the last couple of years at Swiggy, we have made […]
MaxWholesale raises US $3 Million in Series A funding round
MaxWholesale, a B2B e-commerce platform for kirana stores has raised US $3 Million (21.46 Crore) as a part of its Series A funding round. This round was led by IAN Fund-I and Abu Dhabi-based private family office Al Falaj Investment Company (AFI). MaxWholesale will use this investment to hire new […]
Tata Power is looking to set up more electric vehicle (EV) charging stations
Tata Power is looking to set up more electric vehicle (EV) charging stations within the next year. CEO and MD of Tata Power, Praveer Sinha, said that the company would set up 700 new chargers for homes and public areas. As per Praveer Sinha, Tata Power would set up charging […]