• Supply Chain Startup FourKites Raises $35 Mn In Series B Led By August Capital February 22, 2018 8:15 am
    Predictive supply chain platform FourKites has raised $35 Mn in Series B funding led by August Capital. The round also saw the participation of existing investors Bain Capital Ventures and Hyde Park Venture Partners. With this, Eric Carlborg, General Partner at August Capital, will join the FourKites board. The Chicago based supply chain startup will […] The post Supply Chain Startup FourKites Raises $35 Mn In Series B Led By August Capital appeared first on Inc42 Media.
    Shweta Modgil
  • Bessemer Eyes Healthtech And Fintech Startups, To Invest $50 Mn In India In 2018 February 22, 2018 6:14 am
    Silicon Valley-based VC Bessemer Venture Partners is planning to invest $40- $50 Mn in 2018 while broadening its existing portfolio of startups in India. Reportedly, the company is looking at the growing opportunities in segments such as healthtech, fintech as well as consumer internet segment. Vishal Gupta, MD of Bessemer Venture Partners, India, said in […] The post Bessemer Eyes Healthtech And Fintech Startups, To Invest $50 Mn In India In 2018 appeared first on Inc42 Media.
    Bhumika Khatri
  • Amazon India Inks Deal With T-Series To Strengthen Amazon Prime Catalogue February 22, 2018 5:55 am
    Gradually building the Amazon Prime content stack, prior to its launch in India, Amazon India has inked a deal with Indian music label T-Series to further strengthen the Prime Music catalogue. Reportedly, as a part of the deal, Amazon Prime Music users will get ad-free access to 1,50,000 songs of T-Series, which includes Bollywood songs, […] The post Amazon India Inks Deal With T-Series To Strengthen Amazon Prime Catalogue appeared first on Inc42 Media.
    Bhumika Khatri
  • Hyperlocal Delivery Startup Grab Raises $1.3 Mn From SIDBI’s Venture Capital Arm February 22, 2018 4:45 am
    Mumbai-based hyperlocal delivery startup Grab has raised $1.3 Mn (INR 9 Cr) funding from SIDBI Venture Capital Arm, the Maharashtra State Social Venture Fund. According to a paper.vc report, the startup has allotted 10 equity shares and 89,807 debentures against the raised funds. Maharashtra State Social Venture Fund (MS Fund), is an Alternative Investment Fund […] The post Hyperlocal Delivery Startup Grab Raises $1.3 Mn From SIDBI’s Venture Capital Arm appeared first on Inc42 Media.
    Bhumika Khatri
  • How Smartphone And Startup Boom Is Making India Parallel To Global Economies February 22, 2018 2:54 am
    For decades now, India has been the preferred outsourcing destination for IT and ITeS for many global organisations. However, the scenario today is rapidly changing, with India becoming one of the fastest growing economies in the world. Today, international trade accounts for 54% of India’s GDP, and its annual growth rate is expected to hover […] The post How Smartphone And Startup Boom Is Making India Parallel To Global Economies appeared first on Inc42 Media.
    Ajay Ramasubramaniam
  • The Art Of The PPP Deal: Facilitating Collaboration Between The Government And Private Sector February 22, 2018 12:30 am
    It’s no great secret that individuals in business and media love to throw around jargon and acronyms. For some, there’s no greater thrill in life than to whip out the latest lingo at a cocktail party to help boost their self-confidence a few rungs. While there’s certainly a litany of jargon that bubbles up to […] The post The Art Of The PPP Deal: Facilitating Collaboration Between The Government And Private Sector appeared first on Inc42 Media.
    Greg Moran
  • Fintech Startup HighRadius Secures Funding From PNC, Citi Ventures February 21, 2018 1:55 pm
    AI-based fintech company HighRadius, which provides cloud-based integrated receivables software, has raised an undisclosed amount in a strategic funding round led by Citi Ventures and PNC. As stated by HighRadius founder Sashi Narhari, “We plan to keep investing in our expansion across North America, Europe, and the Asia, while continually disrupting B2B payments by enabling […] The post Fintech Startup HighRadius Secures Funding From PNC, Citi Ventures appeared first on Inc42 Media.
    Meha Agarwal
  • Healthcare Analytics Startup The Healthy Billion Bags $2.1 Mn In Funding February 21, 2018 1:11 pm
    Gurugram-based healthcare analytics startup The Healthy Billion (THB) has raised $2.1 Mn (INR 14 Cr) funding from Blume Ventures, HealthQuad and Fireside Ventures. Apoorva Patni, Director of Currae Healthtech Fund and Arpan Sheth, Partner at Bain & Company, also participated in the round.  As per a report by Paper.vc, The Healthy Billion secured the funding […] The post Healthcare Analytics Startup The Healthy Billion Bags $2.1 Mn In Funding appeared first on Inc42 Media.
    Sukanya Mukherjee
  • AI Focussed HRTech Startup Bash Acqui-Hires Wemo February 21, 2018 1:10 pm
    Gurugram-based Bash, an artificial intelligence-based HR automation tool provider, has acqui-hired tech startup Wemo, which is known for its UX expertise in building mobile apps and websites. The Wemo team will now work towards bringing increased scale to the company and further its goal of building compelling experiences for its repertoire of brands. Wemo is […] The post AI Focussed HRTech Startup Bash Acqui-Hires Wemo appeared first on Inc42 Media.
    Bhumika Khatri
  • NASSCOM Partners With BRI To Fuel Blockchain Adoption In India February 21, 2018 11:53 am
    As part of its ongoing efforts to develop and nurture an ecosystem for emerging technologies, The National Association of Software and Services Companies (NASSCOM) today signed a MoU with Blockchain Research Institute (BRI), Canada, on the sidelines of the WCIT 2018. As part of MoU, both NASSCOM and BRI will now co-invest to boost activities […] The post NASSCOM Partners With BRI To Fuel Blockchain Adoption In India appeared first on Inc42 Media.
    Suprita Anupam
  • Weizmann Forex To Acquire Payments And Solutions Startup JaldiCash February 21, 2018 11:09 am
    Foreign exchange and domestic remittance player Weizmann Forex Limited(WFL) is set to acquire its unit Weizmann Impex Enterprises Ltd (WISE), which owns JaldiCash. The acquisition will be completed via Scheme of Amalgamation on 1 April 2018. WISE has been authorised by the Reserve Bank of India to issue and operate semi-closed prepaid payment instruments (PPI) in […] The post Weizmann Forex To Acquire Payments And Solutions Startup JaldiCash appeared first on Inc42 Media.
    Bhumika Khatri
  • PM Modi Proposes To Launch ‘Startup Agri India’ Scheme To Support AgriTech Startups February 21, 2018 9:47 am
    In an attempt to fulfil the government’s key agrarian agenda of doubling farmers’ income by 2022, Prime Minister Narendra Modi announced a four-point strategy on Tuesday. Amongst the key suggestions was launching a scheme called ‘Startup Agri India’, apart from organising regular hackathons to facilitate innovation in agriculture. Addressing a two-day conference on ‘Agriculture 2022: […] The post PM Modi Proposes To Launch ‘Startup Agri India’ Scheme To Support AgriTech Startups appeared first on Inc42 Media.
    Bhumika Khatri
  • Chai Point: Blending IoT and AI In Every Cup Of Tea February 21, 2018 8:31 am
    After the ecommerce boom, it’s the IoT and AI that have rocked the startup ecosystem in India. However, not many entrepreneurs have thought of blending the two in a cup of tea or coffee! Amuleek Singh Bijral, Founder and CEO of Chai Point which runs retail stores and a delivery chain network under Mountain Trail […] The post Chai Point: Blending IoT and AI In Every Cup Of Tea appeared first on Inc42 Media.
    Suprita Anupam
  • With $20 Mn Funding From Warburg, Sequoia, Capillary Technologies To Deepen Its CRM Footprint In Asia February 21, 2018 7:12 am
    Capillary Technologies, a leading cloud-based omnichannel engagement commerce solution company that enables retailers to intelligently engage with their customers, announced that it has raised about $20 Mn funding over the past year from its existing investors, including Warburg Pincus and Sequoia Capital. The startup will use the proceeds to strengthen its new product development, powered […] The post With $20 Mn Funding From Warburg, Sequoia, Capillary Technologies To Deepen Its CRM Footprint In Asia appeared first on Inc42 Media.
    Shweta Modgil
  • Online Grocery Startup Grofers In Talks To Raise $65 Mn Funding At 40% Lower Valuation February 21, 2018 6:33 am
    Gurugram-based online grocery delivery startup Grofers is said to be in talks to raise $60-65 Mn in funding from its existing group of investors at a nearly 40% drop in its valuation. A report in LiveMint quoted two people close to the development as saying that this round of funding will be led by Japan’s Softbank […] The post Online Grocery Startup Grofers In Talks To Raise $65 Mn Funding At 40% Lower Valuation appeared first on Inc42 Media.
    Bhumika Khatri
  • Teleco Operated Payments Banks Need To Do KYC Verification Independently: RBI February 21, 2018 5:40 am
    In light of the UIDAI’s temporary ban on Airtel and Airtel Payments Bank for flouting Aadhaar norms, the Reserve Bank of India (RBI) has instructed payments banks to complete the customer KYC verification process independently through third parties. In a letter sent to the CEOs of payments banks, the RBI wrote, “Reliance on KYC (know-your-customer) […] The post Teleco Operated Payments Banks Need To Do KYC Verification Independently: RBI appeared first on Inc42 Media.
    Sukanya Mukherjee
  • Cryptocurrency: SBI Cautions Its Credit Card Users Against Bitcoin Trading February 21, 2018 5:17 am
    As the Union Cabinet has green signalled the bill banning unregulated deposit schemes in India, India’s largest public sector bank State Bank of India (SBI) has issued a cautionary and advisory note pertaining to Bitcoin trading to its credit card customers. After HDFC bank, which holds 52% share of the Indian credit cards customer base, […] The post Cryptocurrency: SBI Cautions Its Credit Card Users Against Bitcoin Trading appeared first on Inc42 Media.
    Suprita Anupam
  • New Cabinet-Approved Bill May Tighten The Noose On Cryptocurrency Traders February 21, 2018 4:53 am
    The Indian Union Cabinet chaired by PM Modi has approved to introduce the Banning of Unregulated Deposit Schemes Bill, 2018 in the parliament, which may include Bitcoin and cryptocurrencies that have been seen largely unregulated so far. The bill is aimed at “tackling the menace of illicit deposit-taking activities in the country. It will prohibit […] The post New Cabinet-Approved Bill May Tighten The Noose On Cryptocurrency Traders appeared first on Inc42 Media.
    Suprita Anupam
  • B2B Online Marketplace Udaan Raises $50 Mn From Lightspeed, Others February 21, 2018 3:51 am
    Bengaluru-based B2B online marketplace Udaan has secured $50 Mn in a Series B round of funding from Lightspeed US. Lightspeed Venture Partners India and funds associated with Russian billionaire Yuri Milner also participated in the round. Reportedly, Somaia and Ravi Mhatre from Lightspeed US led the recent investment. The company will use the newly raised funding to […] The post B2B Online Marketplace Udaan Raises $50 Mn From Lightspeed, Others appeared first on Inc42 Media.
    Meha Agarwal
  • Why Product Managers Need A Different Approach In Transitioning From Consumer To Enterprise Product Management February 21, 2018 2:42 am
    In the past few years, we’ve seen an explosion in the number and quality of resources for technology product managers to learn from. Yet something I’ve noticed is that the large majority of product management resources out there are heavily geared towards consumer technology. As I made a transition from consumer to enterprise product management, […] The post Why Product Managers Need A Different Approach In Transitioning From Consumer To Enterprise Product Management appeared first on Inc42 Media.
    Pritam Roy
  • Changing The Culture Of Blockchain Adoption February 20, 2018 7:58 pm
    The world wide web was born in 1980 and after one decade, only 1% of information was flowing through the two-way communication network, but the usage surpassed 50%. By 2007, 97% of the telecommunication network was flowing through the internet. The internet still keeps growing larger, faster and futuristic. It took approximately three decades for […] The post Changing The Culture Of Blockchain Adoption appeared first on Inc42 Media.
    Praveenkumar Vijayakumar
  • To Solve Bengaluru’s Traffic Problems, BMRCL Teams Up With Metro Bikes To Offer Bike Rentals February 20, 2018 12:19 pm
    In a bid to address last mile connectivity issues in Bengaluru, Bengaluru Metro Rail Corporation Ltd. (BMRCL) and Metro Bikes, a smart mobility solutions startup, have tied up to provide bike rentals at 36 metro stations in the city. Currently, Metro Bikes offers around 65 to 100 bikes at 36 out of 42 metro stations […] The post To Solve Bengaluru’s Traffic Problems, BMRCL Teams Up With Metro Bikes To Offer Bike Rentals appeared first on Inc42 Media.
    Bhumika Khatri
  • Internet Users In India To Cross 500 Mn By June 2018; Rural India Witnesses 14.11% Growth: Report February 20, 2018 11:55 am
    A report titled ‘Internet in India 2017’ expects the number of Internet users in India to reach 500 Mn by June 2018. According to the report, published jointly by the Internet and Mobile Association of India and Kantar IMRB, the country recorded 11.34% growth in the number of Internet users to 481 Mn in December […] The post Internet Users In India To Cross 500 Mn By June 2018; Rural India Witnesses 14.11% Growth: Report appeared first on Inc42 Media.
    Bhumika Khatri
  • Ankur Capital Leads $500K Seed Funding Round In Agritech Startup Agricx Lab February 20, 2018 11:38 am
    Maharashtra-headquartered Agricx Lab, an agritech startup that uses smartphone imaging to assess the quality of agricultural produce, has raised Seed funding to the tune of $500K led by India-focussed VC fund Ankur Capital. The round also saw the participation of IIM Ahmedabad’s Centre for Innovation, Incubation and Entrepreneurship (CIIE). As per the official statement, the […] The post Ankur Capital Leads $500K Seed Funding Round In Agritech Startup Agricx Lab appeared first on Inc42 Media.
    Sukanya Mukherjee
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