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…
Film Actress Kajal Aggarwal Invests An Undisclosed Amount In ‘Okie Gaming’
Film actress Kajal Aggarwal has invested an undisclosed amount in gaming company- Okie Gaming. As per the company, Kajal Aggarwal has picked up a 15% stake and will join the…
Fintech Giant Paytm To Disburse Rs 1,000 Crore MSME Loans By March 2021
Fintech platform Paytm on Monday said it is expanding its collateral-free loans for MSMEs. As per the fintech giant, its collateral-free loans for MSMEs will be increased from Rs 550…
E-Gaming Startup WinZO Launches Game Developer Fund II To Invest In Indian Game Developers
New Delhi-headquartered e-gaming startup WinZO has launched its Game Developer Fund II worth $5 million (Rs 37.5 crore). As per WinZo, it is in line with Prime Minister Narendra Modi’s…
Narayana Murthy Says Entrepreneurs Must-Have A Five Year Business Plan
N.R. Narayana Murthy, Founder of Infosys Ltd and Catamaran Ventures, said entrepreneurs must have a business plan of five years, extendable up to 7-10 years, to become profitable in their…
Bengaluru Based Startup ‘AutoBrix’ Acquires AI-Based Auto Service Company ‘Cartisan’
AutoBrix, a car-care service startup, has acquired Xenon Automotive-owned company, Cartisan. With this acquisition deal, AutoBrix entered the car periodic maintenance, and repairs business, allowing it to offer doorstep car…
Punjab Govt Collaborates With Global Alliance For Mass Entrepreneurship To Improve Ease Of Doing Business Among MSMEs
To improve ‘ease of doing business’ for MSMEs in the state of Punjab, Punjab government has signed an agreement with the Global Alliance for Mass Entrepreneurship (GAME) under the Omidyar…