NITI Aayog’s Amitabh Kant: Digital Technology Will Help India Create $1 Trillion Of Economic Value By 2025
NITI Aayog CEO Amitabh Kant recently said India could create $1 trillion of economic value using digital technology by 2025. During a virtual event organized by industry body FICCI, Amitabh…
NASSCOM: Over 50% Of Tech Startups Expect Revenue To Pick Up In 6 Months
According to the NASSCOM’s Startup Pulse 2 survey, Indian tech startups, which were hit by the pandemic, are on a gradual recovery path. With lower losses, improved cash runway and access to…
Tech Giant Google In Talks to Acquire ‘ShareChat’
As per reports, Google is holding preliminary talks with homegrown social media startup ShareChat. What is likely to be an acquisition, will put ShareChat at a valuation of around $1.03…
Online Insurance Aggregator ‘PolicyBazaar’ All Set To Raise At Least $50 Million
PolicyBazaar, an online insurance aggregator, is all set to receive an investment in the range of $50-100 Mn from Alpha Wave Incubation (AWI). Alpha Wave Incubation is an early-stage fund…
Mumbai Based Fintech ‘Eduvanz’ Acquires Edtech Startup ‘Klarity’
Mumbai-based fintech non-banking finance company (NBFC) Eduvanz has acquired edtech startup Klarity. Backed by Sequoia and Unitus Ventures, Eduvanz enables students to Study Now, Pay Later at 0% interest rates.…
E-Sports And Mobile Gaming Platform ‘MPL’ Sets Up Rs 37 Cr Fund For Indian Game Developers
Mobile Premier League (MPL), an E-sports and mobile gaming platform, has assigned a Rs 37-crore fund for Indian game developers and studios. The fund will help Indian game developers and…
Flipkart Group Acquires Bengaluru Based AR Startup ‘Scapic’
The Flipkart Group has acquired Bengaluru-based AR startup – Scapic. As part of the deal, Scapic’s team will be joining Flipkart, and with this acquisition, Flipkart aims to enhance its…
Social Media Platform ‘ShareChat’ Opens New Tech Centre ‘ShareChat Labs’ In Silicon Valley
Homegrown social media platform ShareChat has opened a centre of excellence called ShareChat Labs in Palo Alto, California, which is one of the leading technology hubs of the world. ShareChat…
BlackSoil Raises Maiden Secured Alternate Investment Fund, Plans To Invest In Startups
BlackSoil, an Alternative credit platform, has raised Rs 110 crore for its maiden secured alternate investment fund (AIF), BlackSoil India Credit Fund (BICF). The platform with this fund aims to…
Startups Offering Vernacular Solutions Are In Demand Due To COVID-19
Pandemic COVID-19 has accelerated the pace of digital transformation in India. With people staying at home because of the lockdown, millions of offline users are spending the majority of their…