IndianWeb2

Press Release

Digital transformation in the country is expected to contribute about USD 154 billion to India's GDP by 2021, tech giant Microsoft today said.The study by Microsoft and IDC, titled Unlocking the economic impact of digital transformation in Asia Pacific", said there has been a dramatic acceleration in the pace...

Bengaluru-based Mojro, a smart urban logistics platform, today announced that it has raised $650K investment led by 1Crowd and its investor community.The investment will be used for technology development, team expansion for marketing and building partnerships with fleet owners.As Urban Logistics is a growing and sizable problem, Mojro’s...
incubators

Haryana’s first startup incubation centre was launched in Panchkula on Tuesday. Spread over 3000 square feet, the incubation centre is located at Government College, Sector 1, in Panchkula.Additionally, the Haryana government has also made a provision of Rs 10 crore to support students studying in colleges and universities for...

Homegrown e-commerce giant Flipkart has just got bigger, with the opening of its swanky and state-of-the-art office in Bengaluru. Consolidating its various offices, spread in different parts of Bengaluru, Flipkart has opened its massive office at Embassy Tech Village in the Karnataka capital.Giving a sneak peak of its new...

Swiss multinational healthcare firm Roche is looking for startups in India that will help the company bring evidence-based medicine in India through its proprietary technology, according to the company’s newly appointed India head. Notably, Evidence-based medicine (EBM) is an approach to medical practice intended to optimize decision-making by emphasizing...

Menterra Venture Advisors, an impact investment fund that invests in early-stage social startups has announced a new round of investment in Biosense Technologies alongside its investment partner Artha Venture Challenge, impact investment initiative of the Singh Family Foundation. With the new round, Menterra and Artha have provided more than...

LenddoEFL, a Singapore-based fintech company powering data-driven decisions for financial services, has appointed Darshan Shah as Managing Director, India and South Asia. Darshan is a credit bureau veteran and he brings close to two...

Gurgaon-based GoWork, a start-up that offers co-working spaces, plans to invest $1 billion (~ Rs 6,500 crore) over the next five years in setting up its 50 shared offices across India.Owned by Nimitaya Group, GoWork's one centre in Delhi will come up by June while another one in Bengaluru...

Its just been a week that Ola has acquired Mumbai-based Ridlr, now it is being reported that the homegrown cab-haling firm has held talks to buy private label food startup FreshMenu following its purchase of food ordering app Foodpanda, said a Live Mint report, citing...

Mumbai-based Elemential Labs, a blockchain administration platform that helps developers build and manage blockchain networks at scale, has raised $1 million from investors led by Matrix Partners India, reported Live Mint, citing a person close to the development.The round also saw participation from Investopad, Lightspeed India...