Tech Startup

  As the Christmas and New year leaves get over, Venture Capitalists are gradually coming back from a bit of a break in the B2B FinTech funding front. While this week witnessed lesser funding deals on the analysts, books pointed towards a busy year for investors, especially in India. According to certain reports citing Tracxn data, the country saw about …

The raise of an undisclosed amount of seed funding have been announced by Pune and Silicon Valley based drone start-up, FlytBase on December 20. This funding is arranged from US-based early stage venture capitalists and angel investors. These seed funds will be used by the company to get their drone adoptions matured from Proof of Concepts (PoCs) and pilots to …

According to an announcement made by Deeptech start-up Quantiphi, it has raised about $20 Mn (INR 142 Cr) from Multiples Alternate Asset management -the private equity firm led by Renuka Ramnath. Quantiphi headquartered in Boston also has its branches in Bengaluru and Mumbai. It will be reportedly utilising the funds to expand its presence further in North America and Europe, …

Flexport, a leading freight forwarding and customs brokerage company in the US, deployed Hiver, a SaaS based email collaboration solution for teams, to increase productivity across the firm. With Hiver, Flexport  handles emails in 50% less time than before. Hiver has transformed Gmail into a powerful collaboration tool enabling teams to easily manage shared email accounts,  resulting in faster response …

A company called Bizongo (Smartpaddle) which is involved with solution of packaging design and challenges around development and procurement with a technology-enabled platform has been reportedly declared as the clear winner of Deloitte TechnologyFast 50 India Program. Through this program, Deloitte aimed to rank the fastest growing technology companies in India on the basis of their percentage revenue growth in …

100X.VC has announced its plan to invest in 100 Indian start-ups every year. The idea primarily is to build a strong deal flow of seed funded startups by simplifying investment documentation using i-SAFE notes. The 100X.VC fund is sponsored by Mehta Ventures, the Family Office Investment arm of Sanjay Mehta, to nurture innovative ideas that add value and bring solutions …

Indian hospitality start-up OYO Hotels and Homes has reportedly appointed Baja CEO and Founder Betsy Atkins asits new independent director. Atkins will not only play a supervisory role but also provide guidance to the founder of the Unicorn Ritesh Agarwal. He will guide the management on key decisions to taken around business. Agarwal who is now 26 founded OYO 7 …

With a new Swahili language version of an AI assessment app, Ada Health is planning to expand its services in East Africa. This tool will be designed for the clinicians and patience to gain more detail about the potential symptom causes along with the localized actions describing what to do next. This Swahili version of the Ada app will be …

A Delhi NCR based virtual e-commerce platform, Delhi Mall of Asia (DMA) has raised Rs. 22 Cr in a funding round by Satish Jain, a real estate investor through Amour Infrastructure which is his privately held infrastructure development company. The statements made by the company suggests that the funds will be utilised for the development of the products and its …

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