Rajasthan Aims for Tech Hub Status with Major Startup Pre-Summit Event
Rajasthan is on the cusp of a major evolution as it is setting sights on becoming a hub for technology, innovation and entrepreneurship. The vision is embodied in its upcoming Information Technology & Startup Pre-Summit that is scheduled for November 12, 2024, in Jaipur. The event is being organized by iStart Rajasthan in collaboration with […]
Wheelocity Gains $15M Backing for Major Expansion in India’s Semi-Urban Markets
Chennai-based startup Wheelocity specializes in the fresh and grocery B2C supply chain and now is on a mission to reshape the way rural India access essential goods. It has lately succeeded in getting a funding of $15 million led by existing investor Lightspeed. The other participants were Alteria Capital, Anicut Capital and founder contributions. The […]
StoryBrain, Kerala’s AI Innovator, Makes Cut for Flipkart’s Accelerator Program
Dynamic AI startup StoryBrain is making waves as it has been chosen to join Flipkart’s Leap Innovation Network (FLIN) accelerator. The company was co-founded by Malayali entrepreneurs Jikku Jose and Jibin Mathew. Its milestone exemplifies potential of Kerala’s emerging tech ecosystem and also signals the global relevance of innovations born in the region. The inclusion […]
Zippee Eyes 3.5x Yearly Growth with Fast-Delivery Model Across Major Indian Cities
India’s direct-to-consumer (D2C) arena is on the surge and Zippee has positioned itself as a significant player. It is innovating the way logistics meet demands of rapid delivery. The journey of Gurugram-based startup is about competing with e-commerce giants like Amazon and also a strategic backend enabler for more than 140 D2C brands. It is […]
Google Cloud Commits $350,000 in Credits to Boost AI Startups in India
Artificial intelligence (AI) is reshaping industries worldwide and it has good potential for AI innovation in India. Google Cloud has lately launched a set of targeted initiatives to support India’s emerging AI ecosystem. It is to provide required resources for early-stage startups and especially in a field that demands heavy computational power as well as […]
Thiruvananthapuram Startup Engagespot Selected for Techstars NYC, Boosts Global Expansion
Thiruvananthapuram-based startup Engagespot has lately secured a prestigious place in the Techstars New York City Accelerator Program. It is selected as one of only 12 startups from around the world. Its journey marks a milestone for the Indian tech scene and particularly for Kerala. The core mission of Engagespot is to streamline user notifications across […]
Odisha-Based Bon V Aero Launches Fully Autonomous Drone Service Air Orca
Odisha-based startup Bon V Aero has introduced a fully autonomous logistics drone Air Orca and is set to redefine transportation in hard-to-reach areas. The launch event was held in Bhubaneswar and was attended by venture capitalist Tim Draper. Air Orca represents a vision of tackling India’s unique challenges with homegrown solutions. CEO Satyabrata Sathapathy emphasized […]
Apple Sets Up Apple Operations India, Its First Direct R&D Entity in the Country
Apple’s decision to establish Apple Operations India is a strategic expansion. Its first R&D subsidiary in the country will focus on research, design, testing and supporting local manufacturing. Apple has largely concentrated its R&D efforts in the U.S., China, Germany and Israel. The move reveals Apple’s growing commitment to India as a market and also […]
Nivesh Strengthens Wealth Management Portfolio with Wealthzi Acquisition
Nivesh has acquired wealth management platform Wealthzi and it is another step in India’s evolving wealth management segment. The acquisition is a gesture for the expansion for Nivesh and it is an entry into the advisory arena. It opens doors to high-net-worth individuals (HNIs) who seek more personalized financial guidance. It is an acquisition of […]
Thesys Secures $4M Funding to Revolutionize AI-Powered User Experience in India
Bengaluru-based Thesys has secured $4 million (INR 33.7 crore) in seed funding led by Together Fund simultaneously participated with 8vc. The funding is to fuel ambitious vision of Thesys to redefine user experience through its “Generative UI” platform. Thesys was founded by Rabi Shanker Guha and Parikshit Deshmukh. Its Generative UI platform is highly promising […]