India’s new tech unicorn! About the funding Hike, known as the competing messenger app of WhatsApp has raised $175 million in Series D round of funding, which was led by Tencent and Foxconn. These funds made the company’s valuation to $1.4 billion. The existing investors are Softbank Bharti ($7 million)

OYO Rooms getting bigger and better! Founded in 2013 by Ritesh Agarwal, OYO Rooms raised a whopping $62mn from its existing investor- Japan’s SoftBank Group Corp. with no participation from other existing investors including Greenoaks Capital, Sequoia Capital, and Lightspeed Venture Partners. Gurugram-based budget hotel aggregator OYO Rooms is India’s

A real eye-opening move! Finnish company HMD plans to relaunch the Nokia brand for phones. HMD has more to offer with its plans, providing the company with naming and patent rights, in exchange for royalty payments. Though there is no direct investment in HMD, Nokia is providing some oversight via

En route to grander success in the global world India’s largest e-commerce marketplace Flipkart has spread its wings onto the global platform. The opening of Flipkart’s first international office in Silicon Valley, California will bring a boatload of benefits to the already prosperous company. From receiving funding via American investors

“Home away from home”, now in India! Headquartered in Singapore, HeyBnb (HeyBednBreakfast) is a global company involved in the short stay accommodation space and has recently entered the Indian market with business operations in Silicon Valley of India, Bangalore. Online portal for Short-term Accommodations As per a press release, HeyBnb

Genext Students growing as a team! Funding Genext A crowdfunding platform for startups 1Crowd not only helps you raise funds but also co-invests in your company and connects you with their network of partners. Recently, Genext Students raised a funding of $209K (INR 1.4Cr) from 1Crowd. The funds will be used to accelerate product

Boosting the Main Occupation of India! Planning the Next-Gen Tractors Mumbai-based Mahindra & Mahindra (M & M) is walking on the path of Tesla, nuTonomy, Mercedes-Benz and Google who are working on self-driving vehicles. The only difference is Mahindra is cracking its head for autonomous trucks; while the others are

Wow, Factor in Printing Industry! Printing is Not a Hassle Now Printo, the Bengaluru-based startup has launched the first mobile driven platform for instant printing known as Print Instantly or Pi. Print Instantly will allow users to access home-delivered printouts by the app. This on-demand printing service is integrated with

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

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