EV Ride-Hailing Startup BluSmart Prepares $25 Million Fundraiser, Plans Dubai Debut
Electric Vehicle (EV) ride-hailing startup BluSmart Mobility is gearing up to secure $25 million in a Pre-Series B funding round. It will be raised at a valuation of $250 million. Regulatory filings reveal its board has approved the issuance of 10,92,890 pre-series B preference shares and each would be priced at INR 1,840. BluSmart was […]
Covrzy Revolutionizes Business Insurance with Innovative Tech Solutions
Innovation is the key today and Covrzy is making waves in the business insurance sector. It is paving the path to revolutionize how small and medium-sized enterprises (SMEs) and startups insure themselves. The basic idea is to support the process with tech-driven solutions. Covrzy is co-founded by Veera Thota and Ankit Kamra. Veera Thota is […]
Kinéis, Semtech Collaborate to Democratize IoT Connectivity with Single-Chip Integration
French satellite operator Kinéis and global semiconductor company Semtech have jointly emerged to revolutionize Internet of Things (IoT) connectivity. The two companies aim to democratize satellite connectivity and make it more accessible as well as user-friendly by integrating it into Semtech’s chipsets. The partnership enables users of Semtech’s LoRa Edge™ chips to seamlessly access terrestrial […]
Surat-Based Hardware Startup Reinvents Edge Computing, Ushering in a New Era
Surat-based startup Vicharak lately unveiled an edge computing board called Vaaman. It is an innovative technology and learned to attract a diverse group of users. Software developers, researchers, hardware designers, home automation and DIY electronics are set to show interest in it. The compact, high-performance single-board computer of Vicharak is poised to transform segments like […]
Indian Startups Mature, Ready to Drive Economic Growth, Says AWS Executive
There is something good saying about Indian startup ecosystem. The startups here are maturing rapidly and are soon may achieve a prominent position in the global economy. The same is being said by Amazon Web Services (AWS) executive Kumara Raghavan. Raghavan highlighted the current standing of Indian startups. He said it is now the fifth-largest […]
GIMS Redefines Medical Innovation with Launch of Startup Clinic and Incubation Centre
The GIMS Centre for Medical Innovation has come up with its new Startup Clinic. It will basically focus in supporting healthcare innovators. It will be a one-stop solution for those working on new medical ideas. It will offer them the required help like developing, testing and verifying their healthcare innovations. The GIMS Startup Clinic will […]
ICAI’s Startup Event Eyes $200 Million Funding Injection for Innovative Ventures
The Institute of Chartered Accountants of India (ICAI) is taking significant steps to support startup funding. It will host its second edition of the Startup Sphere from June 27 to 29 in Bengaluru. The event is learned to attract more than 10,000 participants including entrepreneurs, investors and industry professionals. The primary goal of the Startup […]
Algorithmic Governance: How AI Can Ensure ESG Compliance and Accountability
Putting Environment Social and Governance (ESG) criteria in corporate strategies has been the most essential element of creating sustainable companies that care about society and can make progress financially. However, the size and the thoroughness of ESG measures have been in existence which is a core factor limiting in the development of the execution of […]
Google Deepens Partnership with Flipkart, Invests $350 Million
Google is learned to be making a significant investment of nearly $350 million in Indian e-commerce company Flipkart, which is owned by Walmart. The investment marks growing involvement of the search giant in the Indian market. The investment is part of a larger funding round. Flipkart secured nearly $1 billion in 2023. Meanwhile, Flipkart is […]
Vaaree Raises $2.5 Million in Pre-Series A Funding for Home Furnishing Expansion
The home decor industry is reshaping at a faster pace and startup Vaaree is shouldering responsibility to some extent. It has lately raised Rs 20.78 crore ($2.5 million) in a pre-Series A funding round led by Capier Investments for the purpose. The other investor was Peak XV’s Surge Ventures. Vaaree was founded by Garima Luthra, […]