Recent Posts by Gairika Mitra

Unicorn India invests in AI-led startup

Unicorn India invests in Unicorn India Ventures, a Mumbai-based VC firm and a group of angel investors including VenkyKrishnakumar (FormerCOO and CFO, Citibank APAC), Suresh Shankar (founder and CEO, CrayonData) and Vivek Bhargava (CEO, DAN Performance Group) have invested $500K in, a Bangalore-based Artificial Intelligence-backed analytics startup, according to a press statement. This is…
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Big brother US plans to mentor Indian startups

US government interested in Indian startups... The US government plans to set up its incubation centre in India in a move to train Indian startups. The US State department has started Nexus, a startup incubator programme, in association with the IC Institute of Texas at Austin, in India. Nexus plans to mentor around 60 startups…
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Snap Inc invests in ‘Placed’ at $200 million

A new investment by Snap Inc rolls eyeballs! To quote David Shim further, "Over the past 12 months, ‘Placed’ has measured more than $500 million in media spend to store visits, across thousands of campaigns and hundreds of partners, cementing Placed as the leader in location-based attribution.” Ever since its inception, this biggie has taken…
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Myntra eyes 10x growth over the next three years

Here’s a new step by Myntra… Myntra, India’s leading destination for fashion and lifestyle online, announces the launch of its accelerator programme, according to a press statement. Through this initiative, Myntra is looking to forge strategic partnerships with about 10-15 local fashion brands who have a unique sense of design and a rigid backup force.…
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HSBC ties up with Artificial Intelligence startup

HSBC partners with AI-related startup! As money-laundering issues increasingly surface, HSBC Holdings PLC has joined hands with Ayasdi Inc, a Silicon Valley based startup in artificial intelligence space. The move is aimed to automate some of its compliance processes and prove its efficiency in due course. Andy Maguire, chief operating officer of HSBC said that…
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