startups

Connectifier Acquired By Linkedin For Advanced Search Mechanism
Linkedin has acquired Connectifier, a startup that helps to improve the search efficiency for recruiters to find suitable candidates. “The acquisition of Connectifier, announced this afternoon, will further strengthen our core products and accelerate our product roadmap, leveraging powerful machine learning-based searching and matching technology to help recruiters and hiring managers

BSE Institute Gearing Up To Accelerate Startups
BSE Institute Ltd recently launched an accelerator for technology startups this Friday. BSE Institute is owned by the Bombay Stock Exchange and the new launch will be in collaboration with Ryerson Futures Inc. (Toronto), which is the technical wing of Ryerson University, Canada. This venture would be concentrating on scalable,

American Vision, Optical Stores Aggregator Raises 55 Lakhs As Funds
American Vision Private Ltd managed to raise 55 lakhs from angel investors. The company was founded by Ajay G Kashikar and he announced the news about the funding. Though the details of the investors are not disclosed, Kashikar said that the investors are owners of two distribution houses that sell

Wipro Arm Infuses Rs 9.78 Crore In Big Data Startup Altizon
India’s third largest software exporter Wipro Venture’s the $ 100-million venture capital has selected a minority stake in Pune-based Big data startup Altizon Systems Pvt Ltd for Rs 9.78 crore as part of a series A funding round, a week after cross-town arch rival Infosys parked $ 4 million in

Savioke’s Expansion Plans For Its Relay Robot Room Service
The Los Angeles Times recently reported that a company named Savioke is planning to expand on its Relay-robots program. At present it 12 Relay robots functioning in U.S hotels. The company has completed a $15 million series A funding round that will allow it to expand its project on the

Startups Opt Out On Equity Dilution Until Market Favors Them
Currently, private equity and venture capital investors are tightening and consolidating their investments in the startup sector. This is a result of many startups are gearing up to get sensitized with the new emerging funding climate and are looking towards debt funding so as to put a stop to equity

Zomato Food Startup Is India’s First E-commerce Unicorn Heading Towards Profitability
‘Zomato’ India’s biggest restaurant search and food delivery startup, early this week has declared that it has risen up in various big markets including India and will definitely hit profitable by mid of 2016. As soon as it happens , Zomato will become the first Indian e-commerce unicorn to become

Ratan Tata Infuses Funds Into Cancer Therapeutic Startup Invictus Oncology
Tata Son’s Chairman Ratan Tata has infused an undisclosed amount in the next generation therapeutic startup Invictus Oncology, the New Delhi based company declared on Monday. The Tata Investment Tale Following the Tata Sons patriarch’s investment in startup research platform Tracxn, pet care portal DogSpot, baby and maternity care online

Indian Startup Beliefs Soar As Budget Readied
Lot of hopes are generated among entrepreneurs and industry bodies for the annual budget 2016-2017, which will be presented by the Finance Minister Mr Arun Jaitley in Parliament on February 29. During the launching of the new policy in order to uplift the startup ecosystem a fortnight ago, Prime Minister

Retail Tech Startup Salesfloor Bags $3 M Seed Round
Salesfloor, a software-as-a-service(Saas) platform that permits consumers to shop online with their local store and associate, has closed a $ 3 million seed funding round led by BDC Capital It Venture Fund and London based angels Jamie True and Jon Claydon. “We call it People Powered Ecommerce,” said Salesfloor CEO