IndianWeb2

Suman Chaudhary

An engineer by education and writer by profession, Suman keeps tab on startup ecosystem of India and leads the research team of IndiaWeb2 for covering funding deals, merger & acquisition and market reports.

National Institution for Transforming India (NITI) or Niti Aayog, a policy think tank of the Government of India, will soon seek applications for Atal New India Challenge under which it will provide grants of upto Rs 1 crore will be given.Speaking elaborately, for Atal New India Challenge Niti Aayog...

Kochi-based Padath Infotainment on Monday launched SocialMob, which is an artificial intelligence (AI) powered music and content delivery platform, in India.With the launch, SocialMob has become India's first AI-powered music networking solution. Depending on your interest the AI in the app will customize itself, giving you...

Mumbai-based Doxper, a health tech startup which has created a digital pen and coded paper system for doctors to record patient information, has raised $1.1 million (approx Rs 7.3 crore) in a pre-series A round from existing investors led by Vidal Healthcare, a health insurance company,

Capital Float, a Bengaluru headquartered digital lending startup, has raised $22 million (~ ₹144 crore) in equity funding from Amazon Inc. This round will be part of the Series C round in August 2017 when it raised $45 million (~ ₹293 crore) from US-based Ribbit Capital...

Delhi-based JetSetGo, an aggregator of India’s available private jets and helicopter for private jets, helicopters and air ambulance, today announced the acquisition of Indo Pacific Aviation Limited for operations in India. Indo Pacific Aviation Limited is the country’s oldest non-scheduled aircraft operator (NSOP).Incorporated in 2014 by Kanika Tekriwal JetSetGo...

Twitter co-founder Biz Stone has invested in a Delhi-based Artificial Intelligence (AI)-powered chatbot "Visit" which is the brainchild of students from Birla Institute of Technology and Science (BITS), Pilani in Rajasthan. Stone made this investment in his personal capacity.Started in 2016 by Anurag...

Chai Point, the largest organized Chai Company in India, today announced a $20 million Series C funding round, led by Paragon Partners. All existing investors - Eight Roads (Fidelity’s India PE arm), Saama Capital and DSG – participated in this round, with some of them investing super pro rata.Chai...

Indian Institutes of Technology (IITs), which are considered premier institutes in the country, are the fourth largest producer of billion dollar startups in the world, according to a 2017 study's report.Now, in what could be considered as the catalyzing move to produce more problem-solving startups and...

New York-based blockchain startup Consensys, which is founded by Joseph Lubin, who is the co-founder of the Ethereum, has entered India and opened an office in Delhi with six people already hired \, and plans to hire another 40-50 in the coming months.Over the next 12 months, Consensys wants...

Gray Matters Capital, an impact investor focused on enterprises working to improve access to affordable quality education and employability in India, has today announced the launch of ‘GMC Calibrator’ -- a 6 month Zero Equity Blended Accelerator Program.This is India’s first accelerator program focused on improving...