IndianWeb2

Press Release

Tel Aviv University and Tata Trusts are launching the Indian Centre for Agri & Allied Tech (I-CAT) that will bring Israeli know-how and innovation to the farmers of the state of Andhra Pradesh in southern India.The initiative, supported by the Government of Andhra Pradesh, will include an advanced...

Back in 2008, when Flipkart was operating out of a two-storey house in Kormangala area of Bangalore, its co-founders Sachin Bansal and Binny Bansal were hunting for investors and was getting number of rejections from investors including Accel Partners but eventually they managed to grab Rs.60 lakh from Accel...

Bibek Debroy, who is a renowned Indian economist, policy maker and literarian, and currently serving as the Chairman of the Economic Advisory Council to the Prime Minister (EAC-PM), said that 95 percent of the entrepreneurial attempts fail in India.Doubting whether the Indian education system facilitates entrepreneurship, Debroy, who's...

US-based mobile gifting platform Swych, Inc., which claims to be the world's first global gifting network, on Tuesday announced the acquisition of Mumbai, India-based Gift Cards India (GCI Network Pvt. Ltd). Swych, the maker of the revolutionary Swych™ digital gifting platform, was founded in 2015 by Deepak Jain, who's...
0 347

Ahead of the 2018 Karnataka elections, Bharatiya Janata Party (BJP) IT media cell in Karnataka has admitted to use the behavioural aspects of social media users to influence potential voters, which is exactly like Cambridge Analytica's deeds of past.Satish TM who is the state convener of the BJP’s IT...

Mumbai-based Quick Service Restaurant (QSR) Charcoal Eats today announced an ₹50 million Pre-Series A round of funding led by HNI investors such as Rajesh Ramanathan - Head Global Growth Mondelez, Kush Verma - Asoka Capital, Sanjay Bhandarkar - Rothschild, Amit Gupta - New Quest Capital Partners, Vishesh Shrivastav -...

Mumbai-based i3systems, a healthcare machine learning product company, with a particular focus on the insurance clients, has raised $1 million (Rs 6.75 crore) from Unitus Ventures, a marquee impact investment firm.The other investors who participated in the round includes two of startup’s existing investors -- Behram Vakil, founding partner...

Chennai-based logistics tech startup FreightBro has raised an undisclosed amount in a seed round from Suresh Kumar, former global CIO of Bank of New York Mellon. With this funding, Kumar joins the company as an advisor. Kumar’s vast experience in running over 10,000 employees will be helpful for FreightBro’s...

Co-founders of Indian cab hailing firm Ola, Bhavish Aggarwal and Ankit Bhati, have together invested fresh US$66,810 (~ ₹45 lakh) in Pune-based electric vehicle (EV) making startup Tork Motorcycles (Tork). Bhavish has invested nearly Rs 30 lakh while Bhati contributed about Rs 15 lakh, in lieu of shares.This is...

The government of India's policy think-tank NITI Aayog has partnered with one of the world's largest technology companies IBM to develop a crop yield prediction model using artificial intelligence (AI) to provide real time advisory to farmers in backward states of India.NITI Aayog has signed a Statement of Intent...