MyPickup raises INR 1.5 Crore in Seed Round led by Inflection Point Ventures

MyPickup, urban transit services provider and an IPV Ideaschool startup has raised INR 1.5 Crore in Seed Round led by Inflection Point Ventures. This investment comes as part of IPV’s initiative to support early-stage ideas with high potential for innovation and impact. Through IPV Ideaschool, startups receive funding, mentorship, and resources to transform their ideas […]

Tech Trends Reshaping Education: AI, Blockchain, IoT Lead Innovation

Pandemic COVID-10 was undoubtedly a wake-up call for the education sector. It paved the path of new technologies to overcome challenges limited access to quality education, resource shortages and administrative burdens. It has transformed the traditional learning systems. Lately, the convergence of AI, Blockchain and IoT has created high-tech teaching and learning platforms. Holon IQ […]

PHDCCI and ADIF Collaborate to Empower Indian Startups

The Alliance of Digital India Foundation (ADIF) has partnered with the PHD Chamber of Commerce & Industry (PHDCCI) to empower Indian startups. The two companies have been collaborated under a two-year memorandum of understanding (MoU) signing. Both are jointly aiming towards creating an environment that nurtures independent thinking and outstanding ideas. The MoU was signed […]

Blume Ventures and MIXI Global Lead $1.5M Investment in Multipl

Fintech sector is evolving at a faster pace and securing funding is often the first step towards significant innovation. Bengaluru-based Multipl startup lately secured $1.5 million (Rs 12 crore) funding led by Blume Ventures and MIXI Global Investments, Inc. The company previously secured $3 million in May 2022 and it was backed by Blume Ventures, […]

6 Best Strategies for Sustainable Gadget Use

Everyone knows the basic ways to reduce environmental impact. Some of the facts are recycling plastic and aluminum, walking or taking public transport, turning off the lights when leaving a room, and unsubscribing from junk mail. However, there is much more to do when it comes to our tech devices to be more sustainable. Sustainability […]

Innovative Research Uses AI and Satellite Data to Forecast Typhoon Strength

The impacts of climate change are now being witnessed. The impacts are intensifying and predicting accurately the strength and behavior of typhoons has become challenging. A team of researchers have come up with a solution. They have developed a technology that utilizes the real-time satellite data and deep learning capabilities. The forecast of typhoons is […]

Unicorn India Ventures partial exit from Sascan with 6X returns

Unicorn India Ventures, a deep tech focused fund house, which is currently raising its third fund of Rs 1,000 crore, has announced a partial exit from neo diagnostics startups Sascan Meditech. UIV had invested Rs 2 crore spread across 2 rounds. The first investment was made in 2020.  The partial exit from Sascan has generated […]

AWS India Up with iTNT Hub to Boost Generative AI Innovation in Tamil Nadu

Amazon Web Services (AWS) India collaboration with the Tamil Nadu Technology (iTNT) Hub is a significant milestone in the world of generative Artificial Intelligence (AI) innovation. The two are mainly focusing on nurturing the startups which work on public-centric AI solutions and promise to revolutionize how technology can drive societal impact across the state. The […]

High Failure Rate of Indian Startups, How SaaS Companies Can Turn the Tide

India has a booming startup ecosystem with path breaking solutions and satisfying unique customer needs. The country hosts startups and unicorns with a total valuation of 350 billion dollars contributing a large chunk to the Indian economy. But according to a recent study, 90% of startups fail in India within the first five years of […]

IndusDC Funds Indian Startups Targeting CO2 Emission Cuts with 100Cr Investment

Combating climate change is the call of the time. Venture studio IndusDC is dedicated working towards it. It has emerged with an aim to reduce global CO2 emissions. It has committed Rs 100 crore to fund Indian startups focusing on hard tech innovations. The investment is set for fiscal years 2025 and 2026. It is […]