By 2024 Ecommerce Retail Market Is Expected To Cross $100 Billion
According to a white paper, jointly prepared by global professional services firm Alvarez & Marsal (A&M) India and CII Institute of Logistics, the eCommerce retail market is expected to cross the $100-billion mark by 2024, which stood at $30 billion in 2019. Among many factors, the three prominent factors driving […]
IIT-Madras Incubated Startup Grinntech Raises $2 Million
IIT-Madras incubated startup Grinntech has closed a funding round of $2 million from a set of high net-worth individuals (HNIs) and senior people belonging to the automotive industry. Grinntech unveiled a range of high-tech batteries that are customised as per Indian conditions. The startup also unveiled its proprietary IoT-enabled BMS to […]
Niti Aayog VC Says Micro-Entrepreneurs In Rural India Have Huge Potential
Niti Aayog Vice-Chairman Rajiv Kumar said on Wednesday that Micro-entrepreneurs in rural India have huge potential for contributing to the country’s growth, but they suffer from lack of access to infrastructure and credit. Rajiv Kumar at a virtual event organised by the Council on Energy, Environment and Water (CEEW), said […]
Gaming Platform Gamezop Raises 32 Crore In Series A Funding Round
Delhi-based gaming platform Gamezop has raised Rs 32 crores ($4.3 million) in Series A funding from BITKRAFT Ventures, FJ Labs, and Velo Partners. As per Gamezop, it will use the raised funding to grow the mobile esports format. Gamezop also plans to establish a presence in select overseas markets through […]
This Healthtech Platform Enables People To Monitor Their Health And Fitness Levels Using A Smartphone
With the integration of technology in healthcare, the healthcare services have become more accessible, and are now easily available to the masses. And since the COVID-19 pandemic has occurred, people are taking proper care of their health, resulting in the exponential growth of healthtech sector. Due to this growth, many […]
Hewlett Packard Enterprise Launches Program To Engage With Indian Tech Startups
Hewlett Packard Enterprise (HPE) in partnership with angel investing platform LetsVenture has launched the HPE Digital Catalyst Program to engage with the Indian tech startups. The program will focus on partnering with Indian startups working in cybersecurity, artificial intelligence (AI), DevSecOps, and intelligent edge. Under the program, Hewlett Packard Enterprise will work with a selected cohort […]
Electric Vehicle Startup EVage Raises Fresh Funding
Electric vehicle startup EVage has raised an undisclosed amount of funding led by Ola Electric Co-founder and Senior Advisor Anand Shah. And according to a statement, the funding round also saw participation from BryAir Director Varun Pahwa and DMI Group partner Anmol Nayyar. EVage is also set to launch their […]
This Bootstrapped Startup Is Selling Colourful Anti-Bacterial Socks And Generating Revenue
The Indian startup ecosystem is driven by entrepreneurs who are changing the industry norms with their products. And due to this mindset, the Indian startup ecosystem is evolving rapidly and is so diverse. Today’s startup story is about an Indian startup that adds fun to your every day by providing […]
Indian Social Media Platform ShareChat Acquires Hyperlocal Information Platform Circle Internet
Indian social media platform ShareChat has acquired hyperlocal information platform Circle Internet. Backed by companies like SAIF Partners and Venture Highway, Circle Internet provides local information to Indian language internet users in tier-II and tier-III cities. Circle app will be allowed to function independently, and its existing 15-member team will […]
Bengaluru Based Tech Startup Verloop.io Raises $5M In Series A Funding
Bengaluru-based tech startup Verloop.io has raised $5 million as part of its Series A funding round led by Alpha Wave Incubation. The funding round also saw participation from existing investors IDFC Parampara and Infosys Co-founder S Gopalakrishnan, according to a press statement. Now, with this fresh funding, Verloop.io plans to […]