Tag "startups"

Gurgaon-based Appworks acquires software development startup BigDrop

By : CIOL Writers

In a bid to enhance its capabilities in services, products and digital marketing, IT servicing and consulting company Appworks has acquired BigDrop, a custom software development startup. The financial details of the acquisition are yet to be disclosed. Gurgaon-based BigDrop,

Udacity acquires CloudLabs to enable collaborative programming for students

By : CIOL Writers

Marking its first ever acquisition, online education platform Udacity has acquired CloudLabs, a small five-person firm building interactive coding environments that let groups collaboratively code from within their browsers. Interestingly, Cloud Labs also creates platforms where others can come up with interactive computer programming courses. For instance,

Microsoft VP Brian Hall quits to join startup focused on building smart headphones

By : CIOL Writers

Brian Hall, the corporate vice president of Microsoft devices, who was actively involved with devices like Surface Lumia, HoloLens, and other hardware businesses, is leaving the company to join four-year-old Doppler Labs, a startup focused on building smart earbuds. In

NVIDIA unveils startup program to support AI startups in India

By : CIOL Writers

AI computing company, NVIDIA has launched ‘Nvidia Inception program’ in India “to support the innovation and growth of startups that are driving new breakthroughs in artificial intelligence and data science.” The Inception Program was launched at the inaugural NVIDIA Emerging

Microsoft Ventures launches new fund for AI startups, invests in 4 more startups

By : CIOL Writers

In a bid to further beef up its AI capabilities, Microsoft has announced a brand new fund focused on startups that work with Artificial Intelligence. Not just this, the company is also the first announced backer for Element AI, a

SMEs and young entrepreneurs will pitch live at +91 Start Up Challenge in Bangalore

By : CIOL Writers

Taking the competition a notch higher and making it more robust and engaging with start-ups, Hannover Milano Fairs India Pvt. Ltd. (HMFI), the Indian subsidiary of the Global JV Company HMG (Hannover Milano Global), is all set to bring a

Healthcare, retail & banking biggest adopters of enterprise technology

By : CIOL Writers

According to a report released by Microsoft Accelerator, startups in healthcare, retail, and banking, are the most “enterprise-ready” sectors in the Indian industry. The ‘Ecosystem Report on Enterprise Ready Startups 2016‘ has ranked the startups on the basis of their

Zone Startups launches ‘Gateway 91’ to help international startups grow in India

By : CIOL Writers

Zone Startups, a joint venture between Ryerson Future, Toronto, and the BSE Institute, has launched, “Gateway 91”, a soft landing program to work with international startups and growth stage companies looking to access the Indian market. Gateway 91 is the

Indian Govt to frame policy guidelines for e-pharmacy startups

By : CIOL Writers

As online portals encroach upon brick and mortar businesses, Pharmacy sector is next to complain about illegal online sales of drugs by such companies. With chemists planning a one-day shutdown of their shops later this month to register their protest,

China’s VC firm Shunwei eyeing investment in Indian Startups

By : CIOL Writers

Considering the flourishing startup culture in India, China’s venture capital firm Shunwei Capital Partners is eyeing investments in Indian startups in partnership with domestic VC firms, according to The Times of India. The Chinese firm that manages over $2 billion

Former HCL Tech CEO Anant Gupta launches Rs 100cr fund to support startups

By : CIOL Writers

Following on the heels of the appointment of new CEO at HCL Technologies come another piece of news about its ex-CEO Anant Gupta. Gupta who had stepped down from his post to pursue personal ambitions on Friday announced the launch

LinkedIn strategy to grow faster in a mobile-first nation

By : CIOL Writers

LinkedIn has announced three strategic initiatives aimed at expanding its reach in India, company’s second-largest market globally. The new products, all designed and made in India- LinkedIn Placements, LinkedIn Lite and LinkedIn Starter Pack are aimed at “democratizing access to

Govt plans doubling incubation centres to promote the culture of innovation

By : CIOL Writers

Making another move to promote innovation and entrepreneurship in the country, the Government of India has embarked upon an ambitious project of doubling incubation centers. Around 20 more incubators will be set up in this year alone, reported PTI. Currently,

IITs decision to ban startups on campus, a bad precedent?

By : CIOL Writers

When IITs decided to blacklist 31 startups that delayed or canceled job offers to their students, the news was not received without criticism. Many analysts and investors felt that IIT was probably too staunch and could have avoided a knee-jerk

Mobile apps that bombed despite big names

By : CIOL Writers

Hundreds of apps are launched every year but have you ever wondered how many of them really make money. Unfortunately, very few. The success rate for apps is abysmally low. Some analysts say app fever is over. Not really. The

‘Electropreneur Park’ aims to build 5 global companies in next 5 years

By : CIOL Writers

The Ministry of Electronics and Information Technology (MeitY), has set up an incubation centre ‘Electropreneur Park’ at University of Delhi, South Campus that plans to incubate 50 early stage startups and create at least 5 global companies over a period

Reality show ‘The Vault’ brings veterans on board to judge & fund startup ideas

By : CIOL Writers

The one-of-its-kind TV reality show The Vault, which will curate and present 50 of the most innovative, disruptive and even outlandish business ideas to emerge from Indian households, has now announced new investors for it. Renowned entrepreneurs – iProspect India’s

$8B funding in mobile-based start-ups in last 5 years

By : CIOL Writers

India’s startup companies are racing to embrace mobile industry and it is proving to be a game changer for them. According to a report, startups in m-commerce, video streaming, gaming and m-payment segments, which are the major contributors to driving

‘Booster Kit’ for startups from Karnataka government

By : CIOL Writers

Karnataka government’s Startup Cell on Monday announced a ‘Start-up Karnataka Booster Kit’ for startups registered with it. The kit contains a gamut of software tools such as cloud credits, access to mentors, legal and accounting consultants, access the Government of

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