E-commerce Analytics Platform ‘DataWeave’ Acquihires AI-Powered Video Analytics Platform ‘Sparrosense’
Bengaluru-based e-commerce analytics platform DataWeave has acquihired Sparrosense, a Gurugram-based AI-powered video analytics platform for shop-floor monitoring. Acqui-hiring is the process of acquiring a company primarily to recruit its employees, rather…
Retail-Tech Startup ‘NutriTap’ Acquires ‘Pikobox’ For An Undisclosed Amount
Gurugram-based retail-tech startup NutriTap Technologies has announced that it acquired Pikobox’s business for an undisclosed amount. NutriTap Technologies is building a data-driven and asset-light, D2C retail channel, and the acquisition…
Hyderabad-Based Spacetech Startup ‘Skyroot Aerospace’ Partners With Department Of Space
Skyroot Aerospace, a Hyderabad-based spacetech startup, has entered into a non-disclosure agreement (NDA) with the Department of Space (DoS). As part of the deal, Skyroot Aerospace will get access to…
Noida-Based Video Sharing Startup ‘Fun2’ Is Helping Content Creators To Showcase And Monetise Their Craft
Internet penetration in India is on the rise. In 2015, only 19% (243 million users) of the Indian population was actively using the internet. But at the start of 2020,…
[Union Budget 2021] Startups Get Tax Incentives, Capital Gains Exemption By One More Year
In a bid to further boost the Indian startup Ecosystem, the Finance Minister of India, Nirmala Sitharaman, in the Union Budget for 2021-22 has announced tax incentives for startups and…
Government To Make ‘Startup India Seed Fund Scheme’ Operational From April 1
To boost the Indian startup ecosystem, the Indian government has come up with various schemes and initiatives. In a bid to provide crucial capital for young companies, the government is…
Delhi-Based Startup ‘eee-Taxi’ Is Helping Corporates Save Time By Providing End-To-End E-Mobility Solutions
In recent years, the Electric Vehicle (EV) segment has gathered a lot of momentum. Niti Aayog, a policy think tank of the Government of India, has also proposed that India…
[Direct-To-Consumer Brand] Mamaearth’s Income Rises 6.5X to Rs 110 Cr in FY20
Backed by profitable social media campaigns and influencer marketing, D2C brand Mamaearth managed to grow its operating revenue 6.5X during the fiscal ended in March 2020 to nearly INR 110…
Piyush Goyal Appeals Indian Businesses To Pool A Domestic Fund For Startups
Minister of Railways, Minister of Commerce and Industry Piyush Goyal appealed businesses and entrepreneurs to dedicate a portion of their wealth for early-stage investing in startups. Piyush Goyal at Resurgence…
Indian Startups Receive $10.14 Billion Funding In 2020: Report
According to a report by consulting firm HexGn, Indian startups received an estimated amount of $10.14 billion in funding across more than 1,200 deals in 2020. Despite the COVID-19 pandemic,…