NEWS AT A GLANCE
'Info Edge' and Others Invest in E-Commerce Platform 'ShopKirana'
'Mumbai Angels Network' Invests in Startup 'Fric Bergen'
Walmart India Shuffles Top Management, Appoints New Head
Priyanka Chopra-Backed 'Bumble' Debuts in India
Zomato signs in 'Durga Raghunath' to accelerate growth in businesses>

Category Archives: News

News

Amazon aims to capture the e-wallet space now

Amazon provides a tough competition to Paytm and PhonePe. Amazon is all set to give competition to existing players in the payment space like Flipkart’s PhonePe and SoftBank supported Paytm. As per the Registrar for Companies(RoC), Amazon has invested an additional Rs 130 crore into its payments entity Amazon Pay India. According to the documents,…
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Google makes its first Indian acquisition

Google steps into the startup world! Search Engine giant Google made its first acquisition in India. It took over Halli Labs, a four month old artificial intelligence(AI) and machine learning(ML) startup. The startup aims to provide solutions to Indians. "We are excited that the Halli Labs team is joining Google. They'll be joining our team that is focused on…
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Israel intends to do business with India

Good news for the Indian startups! As Prime Minister Modi visited Israel recently, a lot happened in the startup space. Modi and his Israeli counterpart Benjamin Netanyahu stressed on areas such as innovation, technology, defence, water conservation, agriculture management and space studies. The world leaders launched a technology fund named Israel India Innovation Initiative Fund(I4F)…
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Sourav Ganguly invests in a Mumbai-based startup

Dada enters the startup world finally! Talking about his new venture, Sourav Ganguly, said,” “Digital is the future of India across all fields. And going by the country’s Digital India vision, I decided to invest in Flickstree because they’re at the forefront of innovative cutting edge technology and have great founders to realize their vision.”…
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G20 Summit holds India in high regard

India praised at the G20 Summit The G20 has praised the initiatives in India for promoting startup funding, flexibility in doing business and labour reforms. In its Hamburg Action Plan, at the G20 summit the group also stressed that “in the financial sector, India is popularising a number of derivative instruments in exchanges or electronic…
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Ace Turtle raises $5 million in Series-A funding

A Bangalore-based startup Ace Turtle's round of financing Ace Turtle, a Bangalore-based technology driven platform that enables web influenced commerce raised $5 million in their Series A with Singapore-based Vertex Ventures and C31 Ventures (the venture capital arm of CapitaLand) last month. This move would take the company’s external funding to $5 million dollar. Speaking…
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