StartUps

Government inducts private orgs for Startup India Action Plan

By : CIOL Writers

The government has decided to include private organizations also as incubators under the Startup India Action Plan, besides the government-run 278 incubators. Twenty organizations, including Nasscom and iSprit, have been certified approve and recommend startups for the program. “There is

3 Indian startups chosen for YCombinator accelerator program

By : CIOL Writers

The might of Indian startups has begun to show, as the most successful accelerator program in the world, YCombinator has selected three companies from the country for its summer batch. The largest representation of Indian startups so far in the

Where are tech startups going wrong?

By : CIOL Writers

Remember when sale season was well categorized-summer sale, winter sale, end-of-the-season sale and so on. Today, you don’t need to wait for a sale season, for discounts are abound all year round, thanks to the e-commerce companies that jostle to

Myntra acquires mobile-based content aggregator Cubeit

BANGALORE, INDIA: Online fashion portal, Myntra has acquhired Cubeit, a Bangalore based tech start-up focused on content aggregation on mobile. Financial details of the deal is not disclosed. Cubeit team has been inducted into Myntra. Cubeit is Myntra’s third technology

Funding Roundup: OYO, Pitstop, Quickli, Overcart & more

OYO Rooms: OYO Rooms reportedly is in the process to raise a fresh round of funding worth Rs 413 crore through a proposed right issue of shares to existing shareholders, according to documents filed with the Registrar of Companies. OYO

Mumbai not the city of dreams for startups

By : CIOL Writers

Mumbai city, or as it is fondly remembered by Mumbaikars as Bombay, has never had dearth of opportunities, especially for entrepreneurs. Still, the start-up ecosystem that started in and is now blown out of proportion, in Bengaluru, hasn’t had much

A new startup app that allows parents and teachers to interact has gone viral

By : CIOL Writers

If you are the sorts of parents who like to keep a close tab on your kids, especially when they are away at school, this one is definitely for you. ClassDojo is an app, available on the Apple Store and

India’s first IoT centre starts in Bangalore

By : CIOL Writers

India’s first center for excellence in Internet of Things (IoT)—where sensors in devices talk to each other and share data using the internet—has been launched in Bengaluru, with five startups, including The startups Wireless Controls, Uncanny Vision, LightMetrics, ThingsCloud and

Startup India Hub tackling issues of startup entrepreneurs

By : CIOL Writers

The Startup India Hub, a government program to resolve queries and provide hand-holding support to startups, has been able to resolve over 12,000 queries since it began operations in April this year, the government said on Wednesday. The queries were

OYO using data science to read consumer behaviour

BANGALORE, INDIA: To cater to the varying needs of today’s travelers, hotel aggregator, OYO is now studying consumer behavior using qualitative and quantitative data science research. Ritesh Agarwal, Founder & CEO of OYO at Tech in Asia’s conference in Bangalore

Funding roundup: BookMyShow, CureFit, Fulfil.IO & more

Here’s a round up of some interesting deals happened in the startup space throughout the first half of this week: BookMyShow: Bigtree Entertainment, which owns and operates BookMyShow, has raised over Rs. 550 crores in its fourth and largest single

Funding roundup: Scripbox, Koovs, Meru Cabs, Razorpay and more

Here’s a round up of some interesting deals happened in the startup space throughout the second half of this week: EFRAC: Mauritius-based PE firm Mandala Capital has invested $10 million in Kolkata-based food testing lab EFRAC. The PE firm has

Healthcare startups that are making doctors’ job easy

By : CIOL Writers

Digital health is on the rise and ever increasing startups are working on innovative products designed to change the face of healthcare as we know it. Health tech, today, is aimed at reducing costs, increasing revenues and to cut red

Lab2Moon: Your chance to create a project that can travel to the moon

Space technology startup, TeamIndus is inviting 14-25 years old youngsters to participate in Lab2Moon contest, where they need to create a project that will fly aboard the TeamIndus spacecraft to the Moon in 2017. TeamIndus is among three top contenders and

$8 Bn worth funding in mobile based startups in last 5 years

By : CIOL Writers

With mobile phones contributing 40 percent of all e-commerce sales in India in 2015,startups in m-commerce, video streaming, gaming and m-payment segments attracted $8,053 million worth of funding through 394 early stage deals in the last five years, according to

Funding roundup: From LendingKart to Airbnb

By : CIOL Writers

In the startup world we live in daily new investments are initiated. Here’s a round up of the winners from this space. Voler Cars Gets Undisclosed Amount of Funding Voler Cars, a self-drive car rental company has raised an undisclosed

Axis Bank sets up innovation lab & accelerator in Bangalore

BANGALORE, INDIA: Axis Bank is coming up with an innovation lab facility in Bangalore, ‘Thought Factory’ – aimed at accelerating the development of innovative technology solutions for the banking sector. The bank is experimenting with emerging technologies such as blockchain,

3 pillars of Clinton’s tech platform: Connectivity, education & entrepreneurship

By : CIOL Writers

Democratic nominee for the POTUS elections, Hillary Clinton has announced Connectivity, education, and entrepreneurship as the three principles of her technology platform unveiled yesterday at a Denver startup incubator. Though many questioned her decision to announce her technology imperatives outside

NASSCOM commits to encourage innovations on IoT space

By : CIOL Writers

The trade association for Indian information technology NASSCOM 10000 StartUps has formed a strategic alliance with IvyCamp to bolster innovation in the Internet of Things (IoT) ecosystem in India. NASSCOM 10000 StartUps has been working to bring together valuable insights

New startup lexicon for Europe courtesy Brexit

By : CIOL Writers

Brexit vote is nothing short of a tight punch in the face of European startup scene and we seriously don’t know if Europe can recover from it. In any tumultuous change, the weakest entities suffer the most, and in business,