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Press Release

Conversational Banking’ has turned a new leaf with the launch of ‘Axis Aha!’, an efficient virtual assistant powered by cutting-edge technology which includes proprietary Artificial Intelligence and machine learning algorithms.‘Conversational Banking’ has turned a new leaf with the launch of ‘Axis Aha!’, an efficient virtual assistant powered by...

Thane Municipal Corporation (TMC) has created a unique platform for startups to pitch to a global network of investors in UK - Pitchfest 2018. Toolyt, Culture Aangan were announced as winners & will present to UKBAN at the International Business Fest in Liverpool, UK.In a series of opportunities created...

Marking the fourth year since the formation of the state of Telangana, K T Rama Rao, minister for IT, Industries, MA&UD and NRI Affairs released the annual report 2017-18 of the Information Technology, Electronics and Communications Department. As part of the event, the minister also launched several new initiatives...

In one of the largest & marquee consolidations in the fitness industry in India, Cure.Fit and funds managed by Oaktree Capital Management (“Oaktree”) have agreed to merge Cult.fit of Cure.fit and Fitness First business. Oaktree is a majority shareholder of Fitness First India while Cultfit Healthcare Pvt Ltd ...

After the launch of China's bicycle sharing startup Ofo, in December, another similar startup from China is all set to foray into India. According to a report, app-based bicycle-sharing platform Mobike is on verge of making its entry into the Indian market in the next few...

Mumbai-based fintech startup ePayLater has partnered with IDFC Bank to bring instant digital credit to individuals transacting online and offline, using BHIM UPI using ePayLater’s ‘Buy Now, Pay Later’ thereby aiding small businesses and merchants alike.ePayLater, provider of innovative digital credit solutions, has partnered with IDFC Bank to bring...

Bangalore-based edtech startup Knudge.me has raised undisclosed amount of funding in a round led by Indian Angel Network (IAN) along with participation from Axilor Ventures, a seed fund and accelerator founded by industry veterans including S Shibulal and Kris Gopalakrishnan, among others.Notably, Knudge.me was part of Axilor’s...

Indian government’s Rs 10,000-crore Fund-of-Funds for Start-ups (FFS) -- launched 28 months ago as part of the 'Start-up India' Action Plan to boost startups in the country -- is struggling to perform any better with poor offtake of funds, which are supposed to routed to startups in the country....

Only 5000 of India’s estimated two million software developers are equipped to work on blockchain platforms, according to a recently conducted research by outbound hiring startup Belong. This implies that only one out of every 400 software developers in India can work on blockchain technology, which could potentially be...

Last week, we reported that Seedstars World, a global seed-stage startup competition for emerging markets, has come to India for holding a dynamic pitch event on May 18th at Gurugram.The shortlisted startups which will pitch on May 18th will have compete for a place in the...