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.

Gurgaon-based WhizKidz Media Pvt Limited, which owns and runs OckyPocky, a learning app for pre-school kids, has raised an undisclosed amount in angel investment through ah! Ventures, a startup-focused growth catalyst firm. Founded by Amit Agrawal, an ex-Googler who was earlier heading YouTube Content Operations of South...

After raising whopping $40 million in a Series C funding, in February this year, Bengaluru-based car rental startup Zoomcar has raised fresh $3.6 million (~ Rs 25 crore) in debt fund from Silicon Valley-based Trifecta Venture Debt Fund, says the company's recent filings with Registrar of Companies (RoC). Touted...
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The Software Technology Park of India (STPI), an organization under Ministry of Electronics and Information Technology (MeitY), Government of India, has inaugurated new incubation centre for electronics and IT startups in Orissa state. The state of the art new facility named as "STPI ELITE" is located at Gothapatna locality in...
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Flipkart Co-founder and former chief executive officer, Sachin Bansal, is planning to raise a venture capital fund of $700 million-$1 billion for investing in startups, reported Live Mint, citing two people aware of this development. Sachin, who sold his shares in Flipkart to Walmart for about...

The the Innovation Acceleration Group of the world's premier public university, University of California, Berkeley (UC Berkeley) announced today that it has partnered with global tech firm Quantela to set-up Smart City Accelerator and Innovation Centers in India, to address challenges faced by corporates, governments and startups on Smart...

Its been over three months since entrepreneurship programme, POWERED accelerator. was launched by UK govt.'s Department for International Development (DFID) India and Shell Foundation in partnership with Zone Startups. Now in a latest upcoming, ten women entrepreneurs have been selected as the first cohort into the POWERED Accelerator...

Chennai-based Flinto Learning Solutions Private Limited, an educational start-up focusing on activity-based learning for kids with brand name 'Flintobox', has raised Rs.6 crore (US$875,000) from InnoVen Capital, a venture debt and specialty lending firm backed by Singapore's Temasek Holdings. The freshly raised capital will be used by the startup towards...
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Since 20 June 2018, Paytm has stopped enrolling new customers which was due to the fact that India's central bank RBI had mandated the company to do so. RBI has made certain observations about the process Paytm Payments Bank follows in acquiring new customers and its adherence to KYC...
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Blogging is a satisfying hobby for those with a passion for particular subjects. However, what many people do not know is that it could be a great channel for earning money for part-time and full-time bloggers. Others have tried to make their blogs work to no avail. Here are...

California and Chennai-based Freshworks, a enterprise software product-based startup, has raised fresh $100 million in a series G round of funding co-led by its existing investors Sequoia and Accel Partners, with participation from CapitalG, a late-stage growth fund of Google's parent firm Alphabet. With is funding, Freshworks...