Private equity funding in Indian start-ups declines by 25 pc

By : CIOL Writers

According to Goldman Sachs, the private equity funding in Indian start-ups has declined witnessing a dip of 25 percent YoY (year-on-year), falling from $2.5 billion in 2015 to $1.9 billion in 2016. The report states that even though the total

Arizona startup beats Google with 3D printed self-driven vehicle

By : CIOL Writers

Arizona-based startup Local Motors on Thursday unveiled a new 3-D printed, self-driving minibus – Olli – in partnership with IBM’s supercomputer platform Watson, and it’s all ready to roll out now. “We hope to be able to print this vehicle in about

Microsoft acquires chat app Wand Labs

USA: Microsoft has acquired messaging app developer Wand Labs– a startup founded in 2013 by CEO Vishal Sharma that specializes in chatbots and messaging apps, for an undisclosed amount. The acquisition accelerates Microsoft’s vision and strategy for Conversation as a

Key takeaways from Growth Forum 2016

By : CIOL Writers

Veni Bansal NEW DELHI, INDIA: Growth Forum 2016, the annual event organized by Cybermedia, Sify, and PC Quest saw a congregation of renowned international speakers, investors, founders and award winning serial entrepreneurs sharing their ideas with young startups on how

Do you have any “Qloo” what Leonardo DiCaprio is upto?

By : Riddhi Sharma

Oscar-winning actor Leonardo DiCaprio has invested in a startup. He has added some cash into this “cultural recommendations engine” named “Qloo”. What many don’t know is that Leonardo DiCaprio is also a low-key businessman. As documented on crunchbase he has

‘StartPup’ contest for startups who bring their dogs to work

By : CIOL Writers

Do you have a start-up? Do you have an office dog? If, yes, then you can participate in the World’s First Office Dog Competition. “StartPup: A Competition for Start-up with Dogs,” has been launched in each international start-up center with

Top executives who left start-ups in 2016

By : CIOL Writers

Start-up life is not easy and even companies with billion-dollar valuations saw a bunch of resignations last year. Cash crunch, dipping valuations, and bad PR are driving some of the significant hires to the exit door. Due to cost markdowns

Govt woos foreign start-ups to set shop in India

By : CIOL Writers

As the Startup India initiative nears its one year anniversary, the government has strategically planned to woo prominent international startups to enter India’s growing new economy, even as Alibaba and AirBnB plan to start India operations. The department of industrial

New guidelines for patent filing bring cheer to budding entrepreneurs

By : CIOL Writers

Indian Post Office at New Delhi has issued new guidelines for filing and processing of applications for patent, designs and trademarks, in order to encourage budding entrepreneurs and boost innovation. A startup that wants to file a patent application for

Telangana aims at becoming next startup haven

By : CIOL Writers

In an attempt to become the kernel for rising enterprises in the country, Telangana government is planning to initiate an event similar to Prime Minister Narendra Modi’s Startup India where a substantial number of start-ups, as well as incubators, will

BigHaat, empowering farmers since January 2015

By : CIOL Writers

Several new ventures in e-commerce with innovative service offerings have flooded the urban market. BigHaat, a new e-commerce startup, however, seeks to address the problems of our farmers by providing quality agro-inputs and accessories through a marketplace platform. The market

Fashion and tech startup, 6Degree raises $200,000

By : CIOL Writers

6Degree, a fashion talent, and tech startup which provides opportunities for fashion professionals to showcase their talent across the globe have raised $200,000 from Indian Angel Network (IAN), the company announced on Thursday. “Fashion as a genre cannot be underrated

IIMB & IIIT-B join hands to mentor startups

BANGALORE, INDIA: The International Institute of Information Technology Bangalore (IIIT-B) and the Indian Institute of Management Bangalore (IIMB) will work together to provide technology and business mentorship to young technology startups. The institutes  signed a MoU today to share their

Oracle announces finalists for its startup accelerator program

By : CIOL Writers

The Oracle Startup Cloud Accelerator Program that was launched this April with an objective to catalyze India’s startup ecosystem and support the country’s Digital India initiatives has announced the first group of startup finalists. The startups include ExpertRec: a plug-n-play

Paytm’s payments bank will run on Infosys Finacle CBS

BANGALORE, INDIA: Paytm will use Infosys Finacle Core Banking solution for its new payments bank business. Paytm will leverage Finacle’s proven platform for its deposit products and payments platform, enabling it to rapidly roll out innovative offerings. Its Modern APIs

Edutech startup Cuemath raises $4M funding

By : CIOL Writers

Cuemath, which offers a technology platform for women to run home-based learning centers for young students, has raised $4 million in Series A funding from Sequoia India. Growing over 4X in six months, the Edutech startup plans to expand its

Fish, Diapers, Grapes and Data: The RedMart connect

By : Pratima Harigunani

Pratima H SINGAPORE: It is a Singapore–based online grocery marketplace. But there’s more to it beyond

A streak of purplle light for other startups

By : CIOL Writers

Amidst the current gloomy startup picture in the face of dwindling funds and investment, here is

Cab aggregators creating entrepreneurship opportunities

By : CIOL Writers

Ever wondered how these cab aggregators like Ola and Uber pile up their fleet? It’s the

Trouble for e-tailers, as growth in shoppers dries up

By : CIOL Writers

The startup saga in India seems to have hit rock bottom. After e-commerce company Flipkart was