UP Government To Set Up 100 Incubators And 10,000 Startups In The State
To create employment opportunities and to encourage entrepreneurs to establish new ventures, the Uttar Pradesh government has approved a startup policy, the Uttar Pradesh Startup Policy 2020. The startup policy…
SBI Plans To Invest $150 Mn To Set Up A B2B eCommerce Marketplace For MSMEs
State Bank of India (SBI) is all set to invest $100 Mn to $150 Mn (Rs 750 Cr to Rs 1000 Cr) to set up its latest B2B eCommerce marketplace.…
ZEE5 Launches ‘HiPi’, A TikTok-Like Short Video Platform
‘Made for an Atmanirbhar Bharat’ ZEE5 has launched TikTok-like short video platform, HiPi. Called Hypershorts earlier, HiPi had been in the works for a while. HiPi videos will be over a…
Latest Report Shows Investment By Chinese Investors In India Has Seen 12 Times Growth
As per data and analytics firm GlobalData, Indian startups have seen a 12 times growth in investment by Chinese investors over the past 4 years. From 2016-2019, the investment made…
Smart Parking Solutions Startup ‘Park+’ Collaborates With ‘AarogyaSetu’ To Control The Spread of COVID-19
To control the spread of COVID-19, Smart parking solutions startup Park+ is collaborating with AarogyaSetu, an Indian government-developed mobile application. With this tie-up, Park+ will leverage individual COVID-19 safety status…
Rapido Launches Rapido Store, A One-Stop Solution For Business Deliveries
Rapido, an Indian online bike taxi aggregator, has launched Rapido Store, a one-stop solution for all business deliveries. With the help of Rapido Store, offline and online businesses will be…
Effects of India-China Clash: Indian Startups Are In A State Of Uncertainty In Capital Raising, Could Suffer More
As tensions between India and China are escalating, Indian startups are in a state of uncertainty for capital raising and could suffer a lot more. Aurojyoti Bose, a lead analyst…
Automobile Component Manufacturer ‘Sona Comstar’ Ties Up With IIT Delhi To Help Startups
To support, fund and mentor innovative startups, a leading automobile component manufacturer, Sona Comstar, tied up with Indian Institute of Technology Delhi (IIT-Delhi). Sona Comstar is an Indian origin global…
Noida Based EdTech Startup Classplus Acquihires Merak.ai
Noida based edtech startup Classplus has acqui-hired Bengaluru’s Merak.ai, a data-entry automation solution. As part of this deal, Vibhor Kalra, co-founder at Merak.ai, will be joining Classplus as the AVP,…
Impacted By COVID-19, 38% of Indian Startups Run Out of Funds
The situation of Indian startups is becoming dreadful day by day as about 38% of startups and small and medium enterprises have run dry (the number was 27% in April),…