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.

Pretty much everyone has thought about starting their own business at some point. Unfortunately, starting and running a business will prove to be incredibly difficult. In fact, it takes a lot of patience and intelligence to get the job done right. It is also true that it takes money...

Chennai-based OpenTap, a fintech startup focusing on the alternate lending segment, has raised about ₹3 crore funding from HNIs (high networth individuals). The capital raised will be used by the startup to strengthen its technology infrastructure and widen the reach of its financial services network across the country. The...

The United States-India Science and Technology Endowment Fund (USISTEF) is inviting proposals have been sought from Bi-national Indo-US teams of entrepreneurs with innovative products for commercializing technologies for Societal Impact. Established in 2009, USISTEF is a joint fund established between the United States and India for the purpose of promoting...

The Gopalakrishnan-Deshpande Centre for Innovation and Entrepreneurship (GDC) at Indian Institute of Technology Madras (IIT-M) has launched its flagship offering, I-NCUBATE, which enables faculty, researchers and entrepreneurs to validate if their technological ideas can be converted into a sustainable business. Under 'I-NCUBATE,' GDC is working to bring deep-tech ideas from...
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Data surfing, internet access via WiFi as well in-flight voice calls will soon become a reality in India as as the Telecom Commission on Tuesday has approved in-flight connectivity, facilitating both voice and data calls and data surfing in Indian airspace. The implementation and operationalization of these...

Matrix Partners-backed home services startup Housejoy, which last raised funding in December 2015, has reportedly laid off more than 40 employees across its departments to check mounting cost structures at a time of slow revenue growth. Citing an industry insider, the report said that the startup has...

Japanese External Trade Organisation (Jetro) in association with IT trade body Nasscom and Indian Institute of Management, Bengaluru (IIMB) on Monday formally inaugurated Indo-Japan Startup Hub in Bengaluru. "The decision to set up startup centre was taken during Prime Minister Narendra Modi's visit to Japan last year and it was...

Breaking new grounds in the formal finance sector through innovative and dynamic use of technology, Rubique Technologies PVT LTD, India’s largest online financial matchmaking platform has raised an undisclosed amount funding led by Japan’s Recruit Group and Russian venture capital management company, Emery Capital. The funding round saw participation...

Though India has put a near-ban on cryptocurrencies trading in the country, in what could be seen as dramatic incidence -- amid India's ban on cryptocurrencies -- South American country Venezuela, which has the largest oil reserves, and the eighth largest natural gas reserves in the...

Pune based EDUGILD, India’s first edtech startup accelerator promoted by Maharashtra Institute of Technology (MIT) and Avantika University as Knowledge Partners, today announced that it has entered into a strategic partnership with US-based impact investor Gray Matters Capital. Gray Matters Capital recently launched GMC Calibrator...