StartUps

Razer acquires THX to move beyond gaming segment

By : CIOL Writers

In a bid to move beyond the gaming industry, gaming hardware company, Razer has acquired THX, the renowned audio and video quality assurance company originally founded by George Lucas as part of Lucasfilm. As part of the undisclosed transaction, THX

LendingKart acquires online lending platform KountMoney

By : CIOL Writers

KountMoney, an online lending marketplace for personal loans has been acquired Lendingkart Group, which will help the company to boost its technology and data analytics capabilities, according to The Economic Times. Founded by Deepak Modak, Gaurav Somani, Abhishek Periwal and

California based marketing platform vMobo acquires fintech startup Binge

By : CIOL Writers

Bangalore-based fintech startup Binge has been acquired by California-based marketing firm vMobo at the former’s valuation of $3.5 million, according to ETtech. The deal will result in vMobo acquiring Binge’s technology, partnerships, and team. Binge, that was founded by Ajay

Rooter raises angel funding led by Boman Irani

By : CIOL Writers

Social platform, Rooter that connects sports fans and engages them during live sporting events, has announced the successful completion of a part of its angel investment round. Enabled by Kwan Entertainment Pvt. Ltd, the round was led by versatile Bollywood

Graviky & Chattar Patar secure funding on reality show The Vault

By : CIOL Writers

Two Indian startups- Graviky & Chattar Patar secured investments worth almost INR 2 crore in less than 30 minutes on the one-of-its-kind Indian reality show ‘The Vault’ that provides a unique platform to aspiring entrepreneurs from across the country to

Govt may soon bring Rs 2,000cr credit guarantee fund for startups

By : CIOL Writers

In a bid to provide better funding facilities to the startups, the Government of India will soon be setting up a credit guarantee fund for start-ups with a corpus of Rs 2,000 crore. Addressing a conference on Start Up India,

FirstCry buys BabyOye, raises $34 million in funding

By : CIOL Writers

Online babycare products seller FirstCry (BrainBees Solutions Pvt. Ltd) has acquired the franchise division of Mahindra Retail Pvt. Ltd, which owns online babycare business BabyOye, in a cash and stock deal worth $54 million. The double-pronged move will not only

VC investment doubles in September quarter with big-ticket fundings

By : CIOL Writers

Despite failing to add any significant numbers to the total deal count, Venture capital (VC) investment in India almost doubled in the September quarter in comparison to the previous quarter, according to a KPMG-CB Insights report. In what could well

40pc millionaires in India prefer social impact investment

By : CIOL Writers

A year after the APAC region recorded the highest population of high net worth individuals (HNWI), the region now leads the world with the largest amount of HNWI wealth, according to the Asia-Pacific Wealth Report 2016 by Capgemini. APAC HNWI wealth

LinkedIn may soon provide the option of bookmark

By : CIOL Writers

Like most online platforms, LinkedIn always keeps striving to improve its services. So, after launching two new features – e-learning and Open Candidates – LinkedIn will now be providing the option of Bookmarks, which helps you save the articles or news

Goibibo introduces ‘live flight tracking’

By : CIOL Writers

Online travel aggregator, Goibibo has launched a new ‘live flight tracking’ feature for 1,824 daily flight schedules across domestic and international flights. The new feature would not only let passengers have real-time data on the flight schedule, aircraft type, gate

Car-cleaning startup Robovac merges with rival Enzo, secures 3cr in angel funding

By : CIOL Writers

Ahmedabad-based waterless car washing startup Robovac has received angel funding of Rs 3 crores. The company has also announced a merger with its rival Enzo Solutions to create a new entity called RobovacEnzo. This new entity would be headed by

Paytm to reportedly spin-off its e-commerce entity in November

By : CIOL Writers

Indian e-commerce market is set to get all the more competitive with the reports of a new player entering the domain. According to an ETtech report, Paytm is considering to spin-off its marketplace in November this year that will eventually

LinkedIn will let you hunt jobs without letting your boss know

By : CIOL Writers

Remember those times when you would resist updating your LinkedIn status – which ends up becoming the highlight of your profile – just to avoid direct questions from the boss or HR department? However now, if you want to switch

Entrepreneurs get their own version of Tinder in GoDaddy’s Flare

BANGALORE, INDIA: GoDaddy has launched a community-based app, called Flare to help entrepreneurs in bringing their business ideas to life. Flare enables people to share ideas and get guidance from friends, fellow entrepreneurs, and experts in a fun and collaborative way,

MakeMyTrip’s latest initiative will let you rent villas instead of hotels

By : CIOL Writers

To escape the routined mundane life, we leave for vacations. However, we always end up in the same budget hotels, covered with white drapes and that old-feel furniture. But, if you choose Rightstay, an initiative from MakeMyTrip, you can rent

Samsung acquires artificial intelligence startup Viv Labs

By : CIOL Writers

Samsung is acquiring artificial intelligence (AI) platform developer Viv Labs that was cofounded by Siri creators- Dag Kittlaus, Adam Cheyer and Chris Brigham in 2012. Though the financial details have not been disclosed, South Korean Electronics giant says that it

Superbrands invites entries in India for SuperStartUp prog.

By : CIOL Writers

After being the highest accolade for over 20 years for top brands across the world, Superbrands has now announced SuperStartUps for India. In India the SuperStartUp program will effectively judge efficacy, awareness and reputation of online brands. This initiative will

FitKids acquires hands-on learning platform ThinkLabs

By : CIOL Writers

Edtech startup FitKids acquires ThinkLabs, a STEM (Science, Technology, Engineering, and Maths) learning company, for an undisclosed amount. With this acquisition, FitKids plans to scale its operations from 46 to 100 cities across the country. FitKids will also launch a first

Mukesh Bansal joins Swiggy & Rivigo as strategic advisor

By : CIOL Writers

Myntra founder, Mukesh Bansal has joined food-delivery startup Swiggy and logistics firm Rivigo as a strategic advisor on the company’s board. Bansal, who sold Myntra to Flipkart in one of the biggest e-commerce acquisitions in 2014, held a key leadership