Business

Slack Makes 11 New Investments
A Startup Investing in Startups! About Slack Slack is still young since it started just 2 years back. However, now, the popular corporate chatroom startup Slack is backing other app startups with the help of its in-house venture arm. Recently, Slack Technologies Inc. invested around $2 Million in companies that

A Brief study Of Microsoft’s Investment Pattern In The Startup Ecosystem
Microsoft Ventures (MV) is the investment arm of Microsoft. It is a global initiative of Microsoft to support startups all over the world. Microsoft helps entrepreneurs to take their brilliant ideas up to the final development and succeed in the startup ecosystem. Microsoft Ventures works almost exclusively with late-stage startups.

Raising a Toast to Deliveroo
Now, beers and wines available wherever, whenever you want in UK! It’s easy to get your favorite drink on your doorstep Launched in February 2013 by Will Shu, UK-based online food ordering and delivering startup Deliveroo is extending its services to delivering alcohol specifically beer and wine anytime, anywhere around

Nowfloats Acquires Lookup, A Chat Based Commerce Platform
Who acquires whom? Hyderabad-based tech start-up, NowFloats that helps business companies to go online and be more recognizable is acquiring Bengaluru-based commerce chat startup, Lookup, for stocks and cash. Lookup connects customers to the nearby stores via text message on android as well as iOS platforms. Lookup was founded in

Find out why AUTOnCAB had to call off their services..
Not Just Another Shut Down! About AUTOnCAB Recently, Gurgaon-based autorickshaw hailing app AUTOnCAB had to wave a good bye in the market. Launched in March 2014 by Co-founder and CEO Vinti Doshi, AUTOnCAB was operated by New Delhi-based NGA Technologies Pvt. Ltd. and its presence was felt in six cities

U.K. Chip Giant Arm Set To Be Acquired By Softbank For $31 Billion
First major deal for U.K. Company Post Brexit One of the most successful technology companies in the world, ARM, is being acquired by SoftBank. The U.K.-based company is into chip design, and has many renowned clients including Apple and Samsung.. Having sold around 600 billion chips till date, and with

Ford Invests in 3D Mapping Startup for Self-Driving Cars
Maps for Machine: An Interesting Topic to Read on! Self-driving Cars are the Next-Gen Vehicles Ford funds $6.6 Million to Civil Maps, a Californian startup founded in 2014 by Sravan Puttagunta. Civil Maps is into developing 3D maps by using Artificial Intelligence and sensor data for self-driving cars. With this,

Nokia Growth Partners and others invest $10 M in Health Startup Lifesum
Tracking and fulfilling dietary deficiencies Stockholm-based health startup has raised $10 million in a round led by Nokia Growth Partners (NGP). Other investors include Draper Esprit, Bauer Media Group and SparkLabs Global Ventures. Founded in 2008 by Martin Wählby and Tove Westlund, Lifesum does more than just tracking your food

Hyderabad-based startup Smartron Playing New Innings with Sachin Tendulkar
In a slew of IoT devices and smart gadgets! Launching the tbook and tphone Since August 2014, Hyderabad startup Smartron India is operating in a stealth mode. It is all set to launch its new range of smart devices including phones and IoT products for consumer and enterprise market. Smartron

Ridlr Raises $6 Million From Times Internet and Others in Series B Funding Round
Ridlr Brings Public Transport Information To Your Mobile Who funded whom? Ridlr, an app that helps in public transport information secured $6 million in series B funding by Times Internet and previous investors, Matrix Partners India, and Qualcomm Ventures. Beside that, venture debt provider, Innoven Capital, also participated in this