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.

South Korean automobile manufacturer Hyundai today announced that it has made an strategic investment and partnership with Gurgaon-based Revv, a self-drive car sharing company to develop an innovative car sharing service and conduct creative marketing activities in India. The financial details of the deal and the percentage of stakes...

The rise of the internet has led to the rise of e-commerce which has been thriving over the last couple of years. As an e-commerce owner, your goal is to expand your business and stay competitive in the ever-increasing e-commerce business world.  The e-commerce economy has been estimated to...
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As an alternative for people having difficulty authenticating with Aadhaar's biometric authentication process, issuing body Unique Identification Authority of India (UIDAI) has finally announced that from 30th of September, the face recognition feature will be rolled out in phased manner, starting with telecom service providers. Introduced as an option to...

Seed-stage focussed venture capital firm, Prime Venture Partners, which recently close its third fund at $60 million in March this year, is planning to increase its focus on start-ups working in the logistics and SaaS (software as a service) segment, beside it usually invest in. Launched in 2011...

In a recently held Digital Success Summit 2018 in Kolkata, West Bengal, the state IT secretary Debasish Sen disclosed that the state government is working on an app-based technology, which will have voice-activated and artificial intelligence (AI) related commands, for unorganised sectors including rickshaw pullers, Puchka sellers, or Toto...
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India's largest natural gas marketer Gail (India) Limited (GAIL), formerly known as Gas Authority of India Limited has sought shareholder approval to amend the company's charter to invest in startups in core business areas and non-core areas (like health, social and environment, safety, and security) either directly or indirectly. Besides...
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Healthcare/Pharmaceuticals and Automobiles were cited as the best sectors to work for in JobBuzz Workplace Index August 2018 edition - a monthly ranking to identify which sector offers the best work environment. This ranking is based on employee reviews among top 10 sectors on four parameters...
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Matrix Partners India III, which is the new fund of Matrix Partners India, is understood to have raised $300 million (~ Rs 2,100 crore), according to a ‘Form D’ filed with the US Securities and Exchange Commission (SEC) dated August 14. Form D is used to file a...

US and India-based Observe.AI, which is building a Voice AI platform for call centers, has raised $8 million in a funding round led by Nexus Venture Partners with participation from MGV, Liquid 2 Ventures, Hack VC and existing investors Emergent Ventures and Y Combinator. Observe.AI also announced its agent-first...

In yet another strategic move, Jaipur Headquartered Girnar Software Pvt Ltd, which owns and operates India’s largest auto portals CarDekho.com, Gaadi.com, ZigWheels.com and BikeDekho.com has announced the acquisition of PowerDrift Studios Private Limited, popularly known as PowerDrift. PowerDrift is India’s largest YouTube channel for automotive...

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