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

ROS: The secret code is not a secret anymore!

ROS: The secret code is not a secret anymore!
Robot Operating System - ROS is much like Lego or the human nervous system. It consists of shared system of underlying code that powers robots around the world, according to a Bloomberg report. It is the central entity for all advanced tech entities - right from the hobbyist creations in a garage to industrial robots…
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GST and E-Challans?

GST and E-Challans?
Electronic challans: A new landmark for GST  From July onwards, people across class, caste, background would need to use their mobile phones to generate an electronic challan- an electronic way bill- to move a high-end TV or fridge from a warehouse to a store, according to ‘The Times of India,’ report. For any consumer durable…
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IndiaFundFest 2017 comes off with flying colours

IndiaFundFest 2017 comes off with flying colours
42 startups receive Rs 1-2 crore seed funding each, over the next 2 to 3 months. IndiaFundFest, a serious fund fest held its grand finale after a 100-day all India search for the most fundable startups, according to a company press statement. Around 6,800 companies had applied from across 266 cities and 19 countries. A…
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Flipkart-Snapdeal pact yet to get nod from Ratan Tata, Premji

Flipkart-Snapdeal pact yet to get nod from Ratan Tata, Premji
While Flipkart Online Services is all set to take over Snapdeal after winning approval from the startup’s three primary venture investors, the contract still needs backing from Azim Premji and Ratan Tata, Indian’s most powerful businessmen and investors of Snapdeal, people familiar with the matter told Bloomberg. SoftBank Group Corp., the largest shareholder in Snapdeal,…
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Snapdeal is set to be acquired by Flipkart

In a historic deal that could change the ecommerce landscape in India, Flipkart is all set to acquire Snapdeal, founded by Kunal Bahl and Rohit Bansal, according to senior company officials in the know of the development. The estimated size of the deal is around $750 million- $1 billion. Nexus Ventures Partners, an early investor…
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