Data localization also forces Indian startups to look for more expensive and inefficient local solutions.
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Category: StartUp
Startup section covers the latest news and development about startups and entrepreneurs in the technology domain across India.
Facilities Management tech startup Facilio goes global, bags 8 new clients
The startup has secured over 8 contracts globally, managing a substantial 20 million sq. ft. of built space within six months of its commercial product availability.
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Elara Technologies secures $35 million funding from Citi Singapore
With the infusion of additional capital, Elara Technologies is well positioned to take the lead in the next cycle of growth in the digital real estate sector in India.
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Rural e-commerce startup Inthree raises $4 million in Series A funding by Ventureast, Orios, IAN Fund
Inthree Access Services Pvt Ltd., a technology enabled e-commerce platform for the next 500 million consumers, has raised $4 million in a Series A funding. The round, led by Ventureast, also saw participation from Orios Venture Partners and the IAN Fund.
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Samsung Electronics’ experts mentor 20 Indian startups
Samsung Electronics has organized the Global Startup Acceleration Program in Bangalore in partnership with the International Institute of Information Technology Bangalore (IIIT-B) to mentor startups in varied fields in order to support the sustainable growth of local entrepreneurs in the country
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SAP Startup Studio graduates 16 startups from its second cohort
SAP SE has announced the graduation of 16 startups from the second cohort of its accelerator program, SAP Startup Studio
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B2B e-commerce startup ShopX raises $35 million funds from Fung Strategic Holdings
India’s B2B e-commerce startup ShopX has raised $35 million in a new round of funding from Fung Strategic Holdings Limited (FSH).
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J.P. Morgan and IIMA-CIIE to launch a $9.5 million Financial Inclusion Lab in India
The Lab will focus on early-stage fintech startups with innovations that address the unique needs of the lower and middle income segment
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Racetrack.ai – Indian AI startup raises $5 million in Pre Series A funding
Bangalore: Racetrack.ai – India’s first AI innovation hub for sales and support, has recently raised $5 million funds. The list
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Food delivery startup Swiggy acquires Mumbai based on-demand delivery platform Scootsy
Bangalore: Swiggy, India’s largest food ordering and delivery startup announced the all-cash acquisition of on-demand delivery platform Scootsy, an intracity
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