India

Emerging Agritech Startups and how they are transforming the Agriculture Sector in India
More for Agriculture! The penetration of mobile phones and internet into the rural areas is increasing rapidly. Taking advantage of this, a number of agritech startups are solving farmer’s problems – from production to distribution. These startups have successfully embedded technology into agriculture, providing valuable information such as market trends,

Microsoft To Improve Eye Care In India With Help Of Machine Learning
New research development in India for eyecare! What is Microsoft trying to do now? After Google’s DeepMind project now Microsoft India has announced about the launch of their new research group. The group is known as Microsoft Intelligent Network for Eyecare and its aims to bring data-driven eyecare services to

Furniture Rental Startup, Furlenco, Raises $30 Million
Eyes Set On Catering To The Needs Of Millennials Indian startup, Furlenco, has just raised a funding of $30 million. A closer breakdown of this funding shows that the company raised $15 million in equity from Lightbox Ventures and Axis Capital, and $15 million in debt financing from banks, NBFCs

In Conversation with Abhinand Kaseti, Co-founder and CMO, Unocoin
From $6/Btc To $600/Btc, The Future Of Bitcoin Looks Promising. Bengaluru-based bitcoin startup, Unocoin, has recently secured about $1.5 million in funding.This is the largest funding ever secured by an Indian bitcoin startup. The startup is revolutionizing the online transactions by providing simple, secure and straightforward way of buying, selling

Bangalore Startup, Postman, Raises Series A Funding
Going all guns blazing ! Bengaluru-based, Postman, is a startup that is into developing APIs. It has now secured a funding of $7 million in its Series A funding from Nexus Ventures Partners. The startup was founded in 2014 by three young minds AbhinavAsthana, Abhijit Kane, and AnkitSobti. About the

‘Global Store’ Brings Amazon U.S. to Indian Shoppers
Over 4 Million Products From International Brands To take a giant leap ahead of its competitors, Amazon has just launched its ‘Global Store’ category where Indian shoppers will now get to shop products from Amazon U.S. According to Amazon India Manager AmitAgarwal, this category will provide over 4 million products

VC Fund Scheme for Supporting Scheduled Class Entrepreneurs Bears Fruit
A Government Initiative to support backward communities ! In 2014-2015, Ministry of Social Justice and Empowerment launched a special program of Venture Capital Fund Scheme for Scheduled Caste (SC) entrepreneurs. The aim was to support the budding entrepreneurial spirit among those from the backward parts of the society. Under this

Indo-Pak Business Relations: From the flinch of Uri Attacks to the Aftermath of Surgical Strikes
Economic impact arising from such tensions “extremely marginal”, says FM Jaitley Surgical strike; Causes and effects On the night preceding 29th September, last week it was reported that the Indian army received specific, credible information regarding various terror activities being plotted against India. This information was regarding terrorist teams, who

HolaChef In Talks to Raise $6 million in VC Round
Gearing Up For The Latest Funding Round Mumbai-based food tech startup, Holachef, is tightening its belt to go for a new round of funding amounting to $6 million. The venture capital funding round will be led by the already existing investor, Kalaari Capital. Holachef is a food delivery startup founded

Finance Ministry Thinking Of Removing Recent Restrictions On E-Commerce Players
A plan that clearly has misfired ! Some have deemed it as the return of the inspector raj era while others have just rebuked it for its colossally confusing terms and conditions. But the recent restrictions put on the e-commerce players had always had it coming. It all began when a