Tag "startup"

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

Airbnb to provide village stay experience with rural artisans of Andhra Pradesh

By : CIOL Writers

Acknowledging the demand for an authentic village stay experience from travellers around the world, Airbnb is planning to list rural artisans of Andhra Pradesh to rent their living spaces to travellers. The US-based startup has signed a memorandum of understanding

Razer acquires Nextbit and its Robin ‘cloud phone’

By : CIOL Writers

Looks like, Razer is steadily moving beyond the confines of hardware and software for the gaming community. So, three months after acquiring legendary audio tech company THX, the company is now making a dive in the mobile segment with the

Hubballi to house India’s biggest startup incubation centre by September’17

By : CIOL Writers

In a bid to promote entrepreneurship in India’s tier-II and tier-III cities, Silicon Valley entrepreneur, philanthropist and venture capitalist Gururaj Deshpande is setting up India’s biggest startup incubator in Hubballi, about 400km from Bangalore, an 82,000-sqft facility centre which is

HPE to acquire data-management platform SimpliVity for $650mn

By : CIOL Writers

Hewlett Packard Enterprise has announced a $650 million cash deal to acquire data-storage startup SimpliVity. SimpliVity was founded in 2009 and combines storage, computing and networking into a single system. This category of hardware, known as hyper-converged infrastructure, is a

Myntra is reviving its 2-yr old Fashion Incubator to mentor 10 small brands

By : CIOL Writers

Flipkart owned online fashion portal, Myntra is reviving its two year old Fashion Incubator to provide technical and financial assistance to 10 small brands, according to Economic Times. Through this incubation program that mentored nearly dozen startups in 2014, Myntra,

Nokia to buy network performance management company Deepfield

By : CIOL Writers

Nokia has announced plans to acquire US-based software-as-a-service (SaaS) startup, Deepfield, that helps enterprises and cloud service providers improve their network performance and security. “We are impressed with Deepfield’s unique approach to network analytics and their deployments with major providers

Microsoft partners Wipro to help startups innovate & grow their businesses

By : CIOL Writers

Microsoft Accelerator has partnered with the third-biggest Indian IT firm, Wipro to provide startups with greater opportunities to innovate and grow their business. Through this partnership, which is a part of Microsoft Accelerator #CoInnovate program, enterprises stand to gain access

ClearTax launches advisory services to help entrepreneurs set up biz

By : CIOL Writers

In a bid to help new entrepreneurs navigate the maze of setting up a business, ClearTax, an Income Tax Returns e-filing website, has launched its latest product ClearTax Startup programme, a business platform that provides premium business services to entrepreneurs.

LinkedIn’s new feature will help you reconnect with your ex-boss or colleague

By : CIOL Writers

Reconnecting or reaching out to your boss, colleague, or an employee often becomes cumbersome, especially when there’s an ‘ex’ added before their names. Well, LinkedIn could help you to start the conversation if you wish to seek some professional advice

Uber acquires AI startup Geometric Intelligence, creates Uber AI research lab

By : CIOL Writers

This was expected sooner than later with AI currently ruling the roost in the tech industry. US cab-aggregator, Uber has acquired a two-year-old artificial intelligence startup Geometric Intelligence whose team will provide the core for a new central AI lab

Jugnoo launches UPI enabled payment solution, Jugnoo Pay

By : CIOL Writers

Auto-rickshaw aggregator, Jugnoo is the latest startup to join the PM Narendra Modi’s cashless economy initiative. After months of unsuccessful attempts, Jugnoo has finally announced the launch of Jugnoo Pay, their own payment wallet. And, all it took was a

With valuations dipping, tougher road ahead for top Indian unicorns

By : CIOL Writers

A Morgan Stanley mutual fund has slashed the value of its Flipkart shares by 38 percent pulling the company to its lowest valuation till date- $5.54 billion. Notably, this is the fourth markdown by the mutual fund in the last

Karnataka govt is investing Rs 75cr in startup incubation hubs

By : CIOL Writers

The Karnataka government is investing Rs 30.3 crore into a startup incubation hub to be established on a 35,000 sq ft plot at HSR Layout, in one of the world’s biggest tech startup hubs, Bangalore. This would be the second

Comparably introduces career matching feature to take on LinkedIn

By : CIOL Writers

Launched in March this year, Comparably provides compensation data for public and private companies. Unlike LinkedIn or Glassdoor, the startup sees anonymity as its USP and building on this key factor, it’s now expanding into career matching feature. This means

Mutual funds Valic and Fidelity mark down their Flipkart holdings

By : CIOL Writers

Mutual funds Valic and Fidelity has yet again marked down the value of their holdings in India’s most valuable startup Flipkart by 11.3 percent and 3.2 percent respectively. Notably, the news is coming in when the Bangalore-based e-tailer has been

CII launches ‘Startup Mentorship Circle’ to connect startups to the global marketplace

By : CIOL Writers

In a boost to PM Narendra Modi’s ‘Startup India’ initiative, the Confederation of Indian Industry (CII) has launched ‘Startup Mentorship Circle’- a unique platform to help connect startups with the global marketplace. According to an Economic Times Report, the platform