Startup Story: FITSO | Redefining Sports
There are six million active users in India who are spending an average of $350 to $400 annually towards fitness services. The growth in the fitness industry is due to an increase in the number of health-conscious people. And the number of health-conscious individuals is projected to reach 130 million by 2022. This […]
What To Look For In A Co-Founder For Your Startup
Growing a business is a team effort i.e effort of the founding members and the employees. Although, it’s the members of the founding team that decides the fate of the company. But choosing the right founding team is not as easy as it seems. Like some people say, choosing the […]
Healthcare AI Startup Qure.ai Raises $16 Million
Qure.ai has raised $16 Million in funding led by Sequoia India and was supported by MassMutual Ventures Southeast Asia. As per the company, the funding will be used to expand its product portfolio, regulatory clearances, and geographical expansion. Founded in 2016 by Prashant Warier and Pooja Rao, Qure.ai is a […]
Amazon To Take On Zomato And Swiggy With Its Food Delivery Platform
Amazon is conducting a pilot in Bengaluru for its food delivery platform, and the pilot is expected to be launched in a couple of weeks.Amazon was planning to launch this platform around Diwali (last year), which later postponed to December. But things didn’t go as planned, and now the pilot […]
Startup Story: Pepper | One-Stop Destination For Content Creation
In this digital age, people are consuming content more than ever. As per a report by Quoracreative(2019), over 75% of internet users say they read blogs regularly. The purpose of content creation is to produce relevant written, downloadable, and visual content so that people get some value out of the content. In […]
HDFC Bank Wants To Be The ‘Go-To Bank’ For The Startup Community
HDFC Bank wants to be a go-to bank for the startup community, a bank official said on Tuesday. According to the officials, HDFC Bank has dedicated ‘SmartUp‘ zones in 70 branches across 30 Indian cities. And, as per HDFC Bank’s Country Head, Smita Bhagat, around 9,000 startups are currently banking […]
ShareChat Acquires Social Ecommerce Startup Elanic
ShareChat, a vernacular content platform, announced that it has acquired Elanic, a social e-commerce startup. This Bangalore-based startup was founded in 2015 by Palkush Rai Chawla and Abhilash Narahari. Elanic is a peer-to-peer (P2P) online fashion marketplace that enables its users to showcase and sell their pre-owned fashion products. ShareChat’s […]
Reliance Jio and Microsoft Are Joining Hands To Shape Digital India
Reliance Jio and Microsoft are joining hands to shape Digital India with their cloud partnership. Mukesh Ambani at Microsoft Future Decoded–Tech Summit in Mumbai, said that both companies (Microsoft and Jio) would work together and provide digitalization and cloud computing services for several businesses. Talking about the partnership, Mukesh Ambani […]
Startup Story: Travel Triangle | Customize An Unforgettable Experience
Due to its diverse culture and beautiful locations, India has developed itself into a large market for travel and tourism. India was ranked 34th in the Travel & Tourism Competitiveness Report 2019 published by the World Economic Forum. Total earnings from the hospitality sector (Travel and Tourism) in India was US$ 28.6 billion […]
Startup Story: Finwego | School Ecosystem Lender
Recently, India has risen as a FinTech Industry Leader with the highest FinTech Adoption Rate of 87% (EY Global Fintech Adoption Index 2019). The FinTech Sector of India is growing at a CAGR of 22%. These numbers are tremendous, keeping in mind that India is a cash-driven economy. Due to this growth, […]