Business

Jugnoo’s Launch Of Lunch Delivery Service ‘Meals’- An Aid To Its Hyper-Local Grocery Platform Fatafat
Jugnoo is spiraling its way through the industry! Introducing “Meals” Founded in 2014 by a handful of IITians, Jugnoo is an on-demand urban transport service that connects passengers wishing to travel from one point to another within a particular city. Jugnoo offers reliable, yet affordable auto rides. The company started

DST Launches $15M Startup Program NIDHI
Incubators in for a surprise! Through the Department of Science and Technology (DST), Initiative-NIDHI aims to provide financial support to 20 student startups each year. About NIDHI The National Initiative for Developing and Harnessing Innovations requires that the startups essentially have to be student startups and that too of IEDC/NewGen

Facebook Partners With Kochi’s Startup Village
Aiding the Startupreneurs! Facebook: Helping hand to the Startup Village Kochi’s Startup Village had launched its first digital incubator for students known as SV.CO. Recently, Facebook teams up with the Startup Village to aid the budding Indian entrepreneurs. Facebook promises to give a broader exposure to students by providing access

Air-Purifier By Xiaomi In Its Way To India
Innovative Step! Xiaomi Back to India with Air-Purifiers Xiaomi, Chinese tech & Smartphone Company is about launch air purifiers in the Indian market soon. In November 2015, the compact Mi air-purifier was first commenced in China, where it was priced at Rs 7,000 as per Chinese pricing. Air purifiers will

Musical Selfie Startup EyeGroove Merge With Facebook
A Step towards Growth! No Comments on Facebook about the Mashup The team from Eyegroove, a musical selfie startup, has joined Facebook to create new tools for the better experience of Facebook users. Eyegroove was designed to help users make their own, videos using a smart phone. Before the video

Facebook Is Testing Its New Wi-Fi Service In India
Get Affordable and Reliable Data! About Express Wi-Fi Facebook is testing its internet service Express Wi-Fi in India for commercial rollout, as per the reports. Express Wi-Fi allows users to purchase affordable and reliable data from local internet service providers for smooth and easy access to the web. A pilot

Intel Acquires Deep Learning Startup For $350 M
Deep Learning Solutions Create a Buzz Across the World! The Acquisition Story Seems that Intel is taking the interest in the startup ecosystem. Recently, the conglomerate acquired Nervana Systems, a two-year-old, San Diego-based deep learning startup that provides robust AI solutions. It is reported by Recode that the deal has

Uber Decides To Endow In 4 European Startups
Great Going Uber! Uber Offers a Helping Hands to 4 European Startups Travis Kalanick, co-founder, and CEO of Uber, recently announced that his organization has invested in 4 emerging European startups. These startups include Brigad, a French startup which is an on-demand service connecting eateries with staff and founded by

Polish 3D Printer Startup Zortrax Lied bout Indenture with Dell
Game for Fame! Zortrax Makes False Statement to Came into Light The Poland-based startup, Zortrax that deals in polish 3D printers, made a false statement about its contract with Dell for 5000 printers in 2014. The company had raised capital up to $3 since the news goes viral. But on

Airbnb Plans To Raise $850 Mn After Last Year’s Massive Funding Of $1.6 Bn
Should Airbnb Be More Cautious Now? One of the world’s leading tech unicorn, Airbnb, has done it again. After last year’s massive fundraiser of $1.5 Bn, Airbnb is planning to raise another $850 Mn. Jet-Set To The Top The San Francisco-based startup raised $1.5 Bn last year, which was one