Wednesday, October 21, 2020

Suviral Shukla

Paytm eyes to acquire insurance marketplace Coverfox

India's largest online payment platform Paytm is in talks to obtain Coverfox in an all-cash deal, reported Economic Times. If the deal goes through, Paytm would be spending around $100-120 million (over Rs 700 crore) in cash for the transaction....

Bike-sharing startup Yulu launches e-scooter in Bengaluru

The dockless bike-sharing platform Yulu, has increased its electric scooter Yulu Miracle in partnership with Electronics City Industrial Township Authority (ELCITA) in Bengaluru. Bengaluru based platform has deployed around 200 Yulu Miracle e-bikes. This is to encourage e-mobility and deal...

MTR Foods raises Rs 50 cr to invest in startups

MTR Foods, known for its packaged food items, has set up worth Rs 50 crore seed funding to invest in startups that are engaged in food processing business, cited ET. Bengaluru-based company has been a major player in the (packaged)...

SAIF Partners invests $1.5 million in travel commerce startup Airblack

A global equity firm SAIF Partners, headquartered in China and India, has invested about Rs 10.45 crore ($1.5 million) in social travel commerce startup Airblack. Started in February 2019 by Pulkit Pujara and Videt Jaiswal, the Gurugram-based company leverages WhatsApp...

Security app startup TrackMyPhones reaches over 9 million users

A Bengaluru-based security startup TrackMyPhones has come up with 20+ tracker apps loaded with many features that would help recover lost phones. The startup's app on women safety has reached over 9 million users. 'Track My Phone' is one app...

Siemens to launch startup incubator Next47 in India

German engineering and technology giant Siemens is set to launch its startup incubator 'Next47' in India as part of the company's $1 billion (around Rs 7,000 crore) investment fund for startups globally. Next47 will be setup in Bengaluru, focusing on...

T-Hub join hands with Ambuja Neota to launch DeepTech Arcade

T-Hub has announced the launch of DeepTech Arcade programme in partnership with Ambuja Neota. Through Deeptech Arcade, Ambuja Neotia can access some of the most innovative DeepTech startups that are scouted by T-Hub. Other attendee corporate giants will also benefit...

US accelerator Y Combinator selects 15 Indian startups for 2019 summer batch

Y Combinator, the famed Silicon Valley startup accelerator has chosen a record 15 startups  from India for its summer batch of 2019. Typically, Y Combinator picks four-five startups from India for each of its summer and winter batches. Hence, the...

Odisha government approves proposal to set up startup hubs in major cities

In a view  to boost the ecosystem for emerging business, the government of Odisha has approved a proposal to set hub startup hubs in major cities of the state. The Department for Promotion of Industry and Internal Trade (DPIIT)...

On-demand delivery startup Dunzo launches B2B logistics services

Dunzo, a Bengaluru-based on-demand delivery startup has launched a new B2B logistics service called 'Checkout with Dunzo.' The service is for retailers and small business owners. The company claimed that the service will open up the possibility to tie-up...

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Honda launches H’ness CB350; priced at INR 1.85 lakh onwards

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PMK founder leader Ramadoss urges Centre and all the states to ban online gambling

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IPL 2020: Betting network busted in Meerut and Guwahati; cash, laptops, mobile phones seized

Meerut police, in a drive conducted to nab IPL betting gangs, bookies and punters, arrested two accused persons from Meerut city and registered case...

Bangalore Police busts IPL betting racket; one held, Rs 30 Lakh recovered

Bangalore Police claimed to have busted a betting racket allegedly involved in IPL 2020 betting. The accused has been identified as Santosh, 33, who is...