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.

Two Indian startups -- Neewee and EFLIGHT -- accelerated at Airbus Bizlab India, have signed their first contracts with aviation giant Airbus and its subsidiary NAVBLUE to bring to life their unique innovative ideas in aerospace that are in line with the Indian government's 'Make in India' and 'Startup...
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There are a myriad of factors that may behoove an institution to relocate its data center. For instance, the need to streamline and consolidate all data center operations could demand a swift data center relocation (DCR). However, shifting your data center involves more than just disconnecting your servers and...
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A spark plug is a mechanical component that fits into the cylinder head of combustion of an engine in car. It ignites compressed fuel by the means of an electric spark. It has an insulated electrode which is further connected through an insulated wire to an ignition coil. Its...

Prime Venture Partners, an early stage fund, today announced the close of its third fund at INR 400 crore (~$60M). Prime will continue to focus on making concentrated investments with high conviction and support, maintaining its deep involvement model. The key investment sectors which the fund focuses on are...

In 2016, startups like Uber, Ola had to temporarily stop their cab operations in Bengaluru until they obtained the required ‘cab aggregator’ licenses from the transport department.A year later, in order to remove such roadblocks for startups, the Karnataka government on Thursday announced a new legal framework to help...

1Crowd, an India based early stage investment firm and startup ecosystem, has announced the first close of its debut venture capital fund at INR 23 crore (USD 3.5 million). The firm’s interests span across investments from the seed to pre Series A spectrum, incubation programs and virtual acceleration programs.1Crowd...

The e-commerce arm of India's payment giant PayTM -- PayTM Mall, is expected to raise $600 million from Japan's Softbank, reported Economic Times lately.The funding deal of Paytm Mall with SoftBank is in advance stages right now and is expected to close by end of this month, said...

Delhi-based SaaS startup Anaek, which develops chatbots, has raised an undisclosed amount in seed funding from Matrix Partners India, reported Live Mint.The startup hasn't disclosed the amount of funding raised however a LiveMint report said the Anaek had raised roughly $1 million, citing a person familiar with the...

Bengaluru-based DNA diagnostic and screening startup MedGenome Labs today announced a USD 10 million capital infusion from HDFC and its subsidiaries HDFC Life and HDFC Asset Management Company, completing its $40 million Series C round of funding.The startup which is backed by Kris Gopalakrishnan and former Cognizant CEO...

Atomberg Technologies, a multi-award winning startup launched by IIT-Bombay alumni, has created an innovative distribution channel to distribute their flagship fans in Mumbai. These fans, which go by the name “Gorilla Fans” are based on the state-of-the-art Brushless DC technology that is more energy efficient than even the five-star...