Why HSR Layout is Bengaluru’s AI Startup Powerhouse
Bengaluru is often referred as the ‘Silicon Valley of India.’ It has long been a hub for startups and technological innovation. Lately, it has taken a significant leap forward. It has become a major player in the global AI landscape. HSR Layout is the core of the city now. HSR Layout is a neighborhood and […]
What Attracts Growth Debt Investors to Startups: Key Selection Criteria
Growth debt financing has lately become a lifeline for startups. The trend has moved upward after the collapse of Silicon Valley Bank that led to drop in valuations and businesses faced significant challenges. Amid such a scenario, growth debt has emerged as a vital resource for tech companies. It is a specialized form of financing. […]
Amazon Injects $230 Million into AI Startups with AWS Cloud Credits
Amazon is trying to dominate the artificial intelligence (AI) landscape. It has lately announced to be investing $230 million in AI startups and the fund will be basically through Amazon Web Services (AWS) credits. However, the move highlights fierce competition among cloud providers to secure AI innovators. The initiative of Amazon is to mainly focus […]
From Campus to CEO: IITians Leading the Startup Revolution
Indian Institutes of Technology (IIT) graduates are making waves in entrepreneurship. They are well-known for having technical expertise and innovative mindset. The alumni are launching ventures across various sectors in recent years. Their startups are shaking the traditional markets and simultaneously addressing global issues like sustainable energy and advanced AI applications. The rigorous training and […]
Textiles Ministry Approves Startups to Boost Innovation and Sustainability
The textile industry needs innovation and sustainability. Focusing on the same vision, the Ministry of Textiles has given green light to several startups working in the technical textiles segment. Rachna Shah, Secretary of the Ministry, announced it during the 7th meeting of the Empowered Programme Committee (EPC) of the National Technical Textiles Mission (NTTM). She […]
Bengaluru’s Indkal Technologies Nets $36 Million in Series A Round
Bengaluru-based startup Indkal Technologies has lately secured $36 million in Series A funding round led by Aries Opportunities Fund from Mauritius. The company was founded in 2020 and specializes in consumer electronics. The fresh capital marks first major fundraising effort since its inception. The new fund is learned to be used in enhancing product development […]
TCS Opens State-of-the-Art IoT Engineering Lab in Cincinnati, US
Tata Consultancy Services (TCS) has lately announced the opening of its state-of-the-art Internet of Things (IoT) engineering lab in the United States. The facility is in Cincinnati, Ohio. It is believed to be revolutionizing innovative solutions designed and implemented by clients. It is a significant milestone for the Indian tech giant and local community as […]
Hood Launches Whistle to Monitor and Analyze Startup Performance
The world of startups is fast paced and its landscape can change overnight. Having accurate and timely information is crucial. Pseudonymous social networking platform Hood has stepped up the challenge. It has launched a tool named ‘Whistle’. It is basically designed to provide a comprehensive overview of the health of a company. It claims to […]
D2C Company Palette Brands close to $2 million in Pre-series A Funding
Palette Brands (Earlier White.Inc), a next-generation consumer goods company that is building aspirational brands across high growth verticals, has raised close to $2 million in a Pre-series A round. The round was led by Rockstud Capital, along with participation from existing investors including IPV & Dholakia Ventures, and some prominent angels investors including Stoffer Anko Norden and Apurva Salapuria. According to […]
Fin InsureTech Startup Finsall Raises Rs 15 Crore in Bridge Round
Insurance-First BNPL startup, Finsall has raised INR 15 crore in a bridge round led by Unicorn India Ventures and Seafund with additional involvement from other institutional investors. The funds raised will be used for setting up an NBFC to scale lending operations and deliver more value to its customers in insurance premium financing. The funds will […]