Gupshup Acquires Conversational AI Platform Active.ai
Gupshup, a conversational messaging platform operated by Webaroo Inc., has acquired a conversational AI platform for banks and fintech companies Active.ai. The startup is also in talks with potential investors…
VC Firm Omnivore Launches $130 Million Fund To Back Agritech, Climate Sustainability Startups
Omnivore, an agritech-focussed venture capital firm, has announced the launch of its third fund, with a target corpus of $ 130 million (Rs 1000 crore). As per the VC firm,…
Co-living Startup Stanza Living Acquires Bengaluru-based Singularity Automation
Stanza Living, a Gurugram-based co-living startup, has acquired enterprise Internet of Things (IoT) platform Singularity Automation in an all-cash deal to strengthen its technology ecosystem. As per the startup, the…
AI Startup SparkCognition Acquires Bangalore-based Integration Wizards
SparkCognition, an artificial intelligence (AI) software solutions provider, has signed a definitive agreement to acquire Integration Wizards, a Bangalore-based enterprise computer vision platform, for an undisclosed amount. With this acquisition…
Inflection Point Ventures Launches $50 Million VC Fund, To Invest In 15-20 Startups
Inflection Point Ventures (IPV), an early-stage angel investing firm, has launched its CAT-II Alternative Investment Fund Physis Capital. It is a $50 million venture capital fund with a green-shoe option…
B2B Platform Bizongo Acquires IoT Startup Clean Slate Technologies
Bizongo, a business-to-business (B2B) e-commerce and supply chain enablement platform, has acquired Mumbai based IoT (internet of things) and real-time location services solutions provider Clean Slate Technologies for an undisclosed…
Ninjacart Launches $25M Seed Fund To Back Agritech Ecosystem
Ninjacart, an Indian agritech platform, has launched an agri seed fund worth $25 million to support emerging and new-age agritech startups. Through this agri seed fund, which is expected to…
Tata Digital-backed Cult.fit Acquires Gold’s Gym India Business
Cult.fit, a Bengaluru-based health and wellness platform, has announced the acquisition of a majority stake in F2 Fun & Fitness India Pvt Ltd, thereby becoming the master franchise partner for…
Economic Survey: Delhi Replaces Bengaluru As India’s Startup Capital
According to the Economic Survey 2021-22, Delhi has replaced Bengaluru as the startup capital of India. Tabled by Finance Minister Nirmala Sitharaman in the Parliament on Monday, the survey highlighted…
NASSCOM Report: India Will Have 200 Unicorns By 2025
According to the latest report by NASSCOM and Zinnov, the Indian startup ecosystem raised $24.1 billion worth of equity investment in 2021 and is all set to grow to 200…