Tag "startup"

Cybersecurity maturity of Indian startups are abysmally low, says report

By : CIOL Writers

From the data theft of reportedly 3.2 million debit cards that affected many big banks including SBI, HDFC Bank, ICICI, Yes Bank and Axis Bank, to recent security breach at Zomato that involved user data of over 17 million users, the state of

Bangalore ranks among 25 most high-tech cities in the world

By : CIOL Writers

Bangalore is among the top 25 high-tech cities of the world according to the research firm 2thinknow that studied a list of 85 cities across the globe and ranked them on 10 factors related to technological advancement – including the number

Sheroes acquires online career restart platform, Women Restart

By : CIOL Writers

Women-oriented career platform Sheroes has acquired Bangalore-based online career restart platform, Women Restart, aimed at strengthening its presence in Bangalore. As part of the deal, Women Restart founder and CEO Sheetal Arora will join Sheroes as director of research and resources. “The

Google acquires four month old Bangalore based AI startup Halli Labs

By : CIOL Writers

Google has acquired Bangalore-based Halli Labs that’s barely four months old and specializes in Artificial Intelligence, Machine Learning, and Neuro-Linguistic Programming. Halli Labs announced the acquisition late Wednesday.“We will be joining Google’s Next Billion Users team to help get more technology

UrbanClap raises $21M in Series C funding round

By : CIOL Writers

Home services marketplace, UrbanClap has raised $21 million in a Series C funding round led by Dubai-based VC firm Vy Capital, with participation from existing investors SAIF Partners, Accel Partners and Bessemer Venture Partners. Vy Capital also bought some shares held by Snapdeal Founders,

Uber gets embroiled in yet another molestation-related lawsuit

By : CIOL Writers

Things are only getting bleaker for Uber as it gets embroiled in yet another lawsuit. A woman referred to as Jane Doe who says she was raped by an Uber driver is suing the company for allegedly ignoring previous warnings about

Happiest Minds acquires US-based OSSCube to push digital transformation

By : CIOL Writers

Bangalore-based Happiest Minds Technologies has announced the acquisition of OSSCube, a US-based digital transformation company. This acquisition will expand the company’s portfolio of transformative offerings in the consulting-led digital space, especially around open source platforms. It will also significantly strengthen the company’s

TiE-Hyderabad and Woxsen School of Business launch entrepreneurship development program

HYDERABAD, INDIA: TiE Hyderabad & Woxsen School of Business have announced the launch of TiE – Woxsen Entrepreneurship Development Program 2017 today. The program will give Startup entrepreneurs the chance to connect with each other and improve their entrepreneurship skills.

Govt extends Startup IP Protection scheme till 2020 to ease patent filing for startups

By : CIOL Writers

In a bid to streamline their processes and to avoid any ambiguity in the matter for consideration of government schemes, the Department of Industrial Policy and Promotion (DIPP) has laid down the definition of a startup with following three criteria: The company’s

Jacqueline Fernandez invests Rs 3.5cr in Rakyan Beverages

By : CIOL Writers

Following the global trend of celebrities investing in brands, instead of endorsing them, Bollywood actress Jacqueline Fernandez has invested Rs 3.5 crores in Rakyan Beverages that makes juices under the Raw Pressery brand. According to the Economic Times report, Fernandez

MIT’s fund accelerator ‘The Engine’ raises $150mn

By : CIOL Writers

Launched in October 2016, fund accelerator for advanced technology startups, The Engine,  has raised more than $150 million in its first investment round to “support startups developing breakthrough scientific and technological innovations with potential for societal impact.” While MIT invested $25 million

Kaggle effect: Google launches a new, machine learning startup competition

By : CIOL Writers

Barely few days after acquiring data science community Kaggle, Google has launched a machine learning competition for startups that are taking an innovative approach to AI. The competition will be organised in partnership with seven venture capital firms that include Sequoia,

Wonder women in the startup world

By : CIOL Writers

According to a report by IT industry NASSCOM and Zinnov Consulting, India is the world’s third-largest startup hub where three-four new firms are born every day. We can’t agree more with them. Startups are blooming everywhere and entrepreneurs are carving

Charting new territories: Entrepreneurial women in the tech world

By : CIOL Writers

Sonal Vats They may not get the same number of opportunities as their male counterparts, their pay scale might be half compared to a man in the same role, and they may not have many role models or mentors, but

An on-demand startup for ’emergency’ supplies like hangover remedies and more

By : CIOL Writers

It’s Monday morning and so many of you may have felt that you need to dial this startup. Alas, only if it was here in India. This on-demand startup, Jetpack for ’emergency’ supplies like hangover remedies and energy drinks is currently

Healthcare startup CureFit acquires online food delivery platform Kristys Kitchen

By : CIOL Writers

Healthcare platform CureFit has acquired Bangalore-based premium online food delivery startup Kristys Kitchen in a cash and equity deal, for an undisclosed amount. Launched in September 2016 by Cristina Maiorescu, Sumit Sinha and Cedric Carvalho, Kristys Kitchen is a full-stack

Airbnb to buy social payments startup Tilt

By : CIOL Writers

In a bid to become one-stop destination for all the travel related services, Airbnb is acquiring social payments platform Tilt. Apparently, the two companies had been discussing the acquisition for over a month but it has now been confirmed by

Apple reportedly acquires facial recognition startup RealFace

By : CIOL Writers

In a bid to take its security and Artificial Intelligence services a notch higher, Apple reportedly has acquired Israeli cyber security firm RealFace that specialises in facial recognition technology. The Times of Israel reported on Sunday that the startup, founded

VOIZD: A social network that lets you voice your thoughts without fear

By : CIOL Writers

Sonal Vats Interviewing Sameer Agarwal, co-founder, VOIZD VOIZD- Voice without Fear. The name and the tagline itself sums up the entire philosophy behind the new social media app that debuted in December. VOIZD is an anonymous social networking platform that

Tech and e-comm startups hail Budget 2017

By : CIOL Writers

Sensex closed at a high of 486 points after ‘Union Budget 2017’ which means it has got a nod from the investors as well. The budget 2017 has set the goals straight as India takes head-on the challenging global economic