Press Release

Gurgaon-based India Accelerator on Tuesday announced their list of final six startups they will be investing in, spread across sectors like FinTech (Kuants), a Ukrainian startup working on AI-backed Sign language-to-speech converter (EValk), Lifestyle products Rental platform (Voko), AI backed gift-recommendation platform (Wish-a-Mitr), Inter-city cab platform (CabBazar) and an...

EasyRewardz, a leading customer experience management company, today announced that it has completed a $2 million Series A round of financing round led by TransContinental Venture Fund, existing angel investor Jitendra Gupta (MD PayU), new investor Vinay Chatlani (Co-founder and CEO Soch) along with Venture Catalysts Angels- – Jagdish...

Indian multinational conglomerate Tata group is investing whopping $900 million (around Rs 5,800 crore) into an American electric car start-up Faraday Future, reported Chinese media outlet. Notably, Tata's $900 million investment is accounted for 10 percent share in Faraday Future, which will soar the valuation of the startup to about...

The current state of the capital city is in grave danger due to the increasing level of air pollution and smog situation. To combat the issue of toxic smog, Jugnoo - a major player in the hyperlocal space in India has come up with a solution of delivering pollution...

In February this year, India's leading bitcoin startups -- Zebpay, Unocoin, Coinsecure and Searchtrade, jointly launched <em>Digital Asset and Blockchain Foundation of India</em> (DABFI) for the orderly and transparent growth of virtual currency market. And now after just nine months, DABFI has announced its merger with the Internet and...

Phonon Communications, a pioneer in automated customer interaction solutions, announced the acquisition of Artificial Intelligence (AI) chatbot company iDelivr. Gurgaon-based iDelivr was founded in 2015 by IIT/IIM alumni Vijayendra Singh and Kumar Gyanendra with a vision to develop game-changing AI-based bots that can...

In a significant partnership to further expand its brand outreach, Cult.fit, a chain of premium fitness centers, one of the offerings from the parent company cure.fit, has announced cricketer K L Rahul as its brand ambassador. The deal was facilitated by Cornerstone Sport- a brand consultant and talent representation...

Bengaluru based hardware startup Open Appliances, that manufactures smart locks, has announced that it has raised $550,000 from Axilor Ventures and Kumar Vembu, co-founder of software product company Zoho Corp. The startup plans to use the freshly raised funds further to strengthen its products and enter new verticals. It...

Akash Gupta, Vice President – Marketing for Mobikwik, has decided to move on and pursue his entrepreneurial dreams. The former Marketing Head of Mobikwik would now be venturing into the Green Tech Space. The startup is aimed at curbing the rising pollution levels in urban cities, while simultaneously promoting...

Within few days of launching of Flipkart's online grocery service 'Supermart', which is e-commerce major's second attempt into online grocery business, Another player -- Adani Wilmar, the company that markets ‘Fortune’ brand of food products in India, is all set to enter the online grocery sales business with...