Exclusive: Microlending startup RedCarpet taps new investor

Vijayakumar Pitchiah

Microlending startup RedCarpet Tech Pvt. Ltd has secured $1.56 million (Rs 10.79 crore at current exchange rates) in a fresh round ....

27 March, 2019

Automotive industry in slow lane for implementing AI: Capgemini study

Shweta Sharma

Only 10% of major automotive companies globally are implementing artificial intelligence (AI) projects at scale despite the technology’s ....

26 March, 2019
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Venture debt firm Alteria Capital lends $4.4 mn to Stanza Living

Kavya Kothiyal

Delhi-based student accommodation platform Stanza Living has raised $4.4 million (Rs 30 crore) in venture debt from Alteria Capital, ....

26 March, 2019

Open OS ecosystem fuelling smartphone boom in India: Report

Payal Ganguly

An open operating system (OS) ecosystem has helped India overtake the US to become the second-largest smartphone market by number ....

26 March, 2019

Mindtree board drops plan to buy back shares

Anirban Ghoshal

Bengaluru-based IT services firm Mindtree Ltd has dropped a plan to buy back shares in the face of a takeover bid from engineering ....

26 March, 2019

Influencer-driven e-commerce app Bulbulshop secures funding

Payal Ganguly

Influencer-driven online commerce app Bulbulshop Shopping Network has raised Rs 14.05 crore (around $2.03 million) in funding ....

26 March, 2019
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Infosys to invest $10 mn in AI-focussed venture capital fund

Joseph Rai

Indian software services exporter Infosys Ltd is making a Limited Partner-style investment in US-based artificial intelligence-focussed ....

26 March, 2019

This US retail giant is learning a thing or two from Indian tech startups

Shweta Sharma

For Target Accelerator Program head Ravi Kanniganti, it’s all about symbiosis. “We are helping them [startups] ....

26 March, 2019

Mindtree’s Natarajan on opposing L&T’s bid and how the IT services market is changing

Anand J & Anirban Ghoshal

Last week, Mumbai-based engineering giant Larsen & Toubro Ltd (L&T) made a hostile bid to acquire Bengaluru-based software ....

26 March, 2019

Ed-tech startup iChamp gets pre-Series A cheque

Kavya Kothiyal

Quiz-based learning edtech startup iChamp said it has raised an undisclosed amount in a pre-Series A funding round led by Raju ....

26 March, 2019
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RBI to set up innovation hub for fintech firms

Binu Paul

The Reserve Bank of India (RBI) said it will set up a fintech innovation hub, for which it is preparing soon-to-be-released guidelines. The ....

26 March, 2019

Student housing startup OxfordCaps secures $8 mn from Times Internet, others

Kavya Kothiyal

Student accommodation startup OxfordCaps has raised $8 million (Rs 56 crore as per current exchange rates) in a Series A funding ....

26 March, 2019

Infibeam expands UAE ops, sells 51% stake in subsidiary to UniPropitia

Vijayakumar Pitchiah

Infibeam Avenues Ltd has struck a partnership with Dubai-based UniPropitia Group to expand its web services solutions in the Arab ....

26 March, 2019

India using data much better than global counterparts: Dell EMC index

Vignesh Ananthraj

India has produced much less data than its global counterparts in the past year but it is one of the leaders at using this data ....

26 March, 2019

Former Aptech CEO Ganesh Natarajan may invest in SP Robotic Labs, joins board

Shweta Sharma

Ganesh Natarajan, former CEO at Aptech Computer Education, is looking to invest in SP Robotic Works Pvt. Ltd and has joined the ....

25 March, 2019

There’s a lot cooking in cloud kitchens -- does Rebel Foods have the right recipe?

Binu Paul

Earlier this month, Rebel Foods, the internet-first restaurant platform best known for its wraps and rolls brand Faasos, secured ....

25 March, 2019

Wedding venue startup VenueLook raises pre-Series A funding

Payal Ganguly

Online-to-offline venue booking platform VenueLook has raised an undisclosed amount of funding in its pre-Series A round from ....

25 March, 2019

Aided by frontier tech, firms to accelerate into next phase of digital transformation

Team TC

As enterprises across the board seek to digitally transform themselves to scale up operations more efficiently, frontier technologies ....

25 March, 2019