Suviral Shukla

[Personal, homecare startups alert] Wipro’s venture fund to invest around INR 200 cr in 10 startups

Wipro Consumer Care- Venture, a fund set up by the Wipro Enterprises' brand Wipro Consumer Care and Lighting with allocation of INR 200 crore, will invests in 10 startups in the personal and homecare space, as reported by ET. While,...

Electric scooter maker Ather Energy launches delivery of new model Ather 450 in Chennai

Ather Energy, a manufacturer of electric scooter, has commenced the delivery of its new e-scooter 'Ather 450' from today in Chennai, reported ET. Alongside the Ather 450 scooters, the company Ather Energy will also provide new compact home charger 'Ather...

Sequoia India leads INR 105 cr funding round in vernacular e-commerce space BulBul

BulBul, a vernacular e-commerce startup, has bagged INR 105 crore in funding round led by Sequoia's early accelerator programme Surge, reported Inc42. Apart from Surge, other investors, who participated in the round include Leo Capital, CDH and Sequoia India. Sachin Bhatia,...

[Weekly funding review] Indian startup ecosystem gets 15 deals with around $256 million of funding in third week of October

The Indian startup ecosystem, in the third week of October, enabled around 15 startup deals with $256 million (approx INR 1,819 crore) of funding from a clutch of existing as well as new investors. The IndianWire has again brought to...

Swiggy aims to target 100 million customers with usage of 15 times every month in next 10 years

Commencing its services in 500 cities pan India in October this year, Swiggy, an ace player in the food delivery domain, is reportedly, targeting to achieve 100 million customers transacting with it over 15 times a month in the...

After unicorn tag, logistics startup Rivigo eyes to achieve EBITDA profit in FY19

After achieving its unicorn tag in September this year, Rivigo, a logistics startup, is now aiming to get EBITDA (Earnings before interest, tax, depreciation, and amortization) profitability in March 2019, cited Inc42. Rivigo said that it has included INR 300...

Ola, Uber under scrutiny of govt for surge pricing, says Nitin Gadkari

Unicorn startups in the ride hailing segment such as Ola, Uber, has been put under the scanner by the government for surge pricing practice, reported ET. The development comes to light after the minister of Road Transport & Highways Nitin...

Netflix, Amazon Prime Video might face stiff suppression by India

The government of India is reportedly looking to impose censorship sanctions on streaming platforms such as Netflix and Amazon Prime Video, cited Mint. According to a government official, the centre's concern has been sharpen by several court cases and complaints...

Karnataka ahead of Delhi, Sikkim in India Innovation Index report: NITI Aayog

NITI Aayog, the think-tank of the government of India, has carried out a report on India Innovation Index, according to which Karnataka has topped the ranking, followed by Delhi and Sikkim, reported Mint. The India Innovation Index of the NITI...

After Telangana State Road Transport Corporation crisis, now Ola, Uber drivers to go on statewide strike from tomorrow

Following the line of demonstration of the Telangana State Road Transport Corporation (TSRTC) employees's to go on a strike, the joint action committee (JAC) of more than 50,000 Ola and Uber drivers have also decided to stage protests on...

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US fails to halt Iran’s oil industry development: Minister

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