Press Release

American multinational financial services corporation Mastercard unveiled its first innovation lab in Pune, India this week. Mastercard Labs, Pune, is the ninth such lab established by the company globally, and the second one in Asia Pacific after Singapore.By opening a lab in the country, the leader in global...

Reviews and online shopping go hand in hand. Even though online shopping has become an indispensable parts of our lives, a majority of us are still sceptical when buying stuff online wondering if the product quality or the product longevity is really the same as being promised by the...

India's homegrown ride-hailing giant Ola yesterday confirmed that it has raised a whopping $1.1 billion funding in a round led by Chinese internet conglomerate Tencent. The company also revealed that its existing investor SoftBank besides "other new US-based financial investors" also participated in this round.In...

It’s no longer a surprise that ecommerce has become an indispensable part of the lives of majority of Indians. With traffic issues plaguing the cities and time becoming a more precious commodity than ever, ecommerce shopping is allowing people to shop from the comfort of their homes, offices without...

In what could be considered as an excellent news coming in for the Indian startup industry, private equity/venture capital (PE/VC) investments in the ecosystem reached a whopping $8.7 billion in the September quarter, a figure which is significantly higher than what was recorded for the same period last year....

India's homegrown ride-hailing giant Ola today officially confirmed that it has raised a whopping $1.1 billion funding in a round led by Chinese internet conglomerate Tencent. Reportedly, the talks for the same have been in the works for over a year now.According to media reports,...

Indian social media circuit has witnessed another high profile exit. This time, Facebook India Managing Director Umang Bedi has bid the social networking giant adieu just about 16 months after joining the organisation. Bedi is the second top executive to quit Facebook India in the past two years.Bedi...

It’s high time that the whole of India gets to experience the perks of a digital world. While the Modi government has its Digital India initiative at place for transforming India into a digitally empowered society and knowledge economy, Niti Aayog has come up with a digital initiative of...

Innovative startups working towards the progress of Artificial Intelligence (AI), here’s your chance to shine and get your innovation noticed to the entire world. Microsoft Ventures has joined hands with venture capital firms, Notion Capital, Vertex Ventures Israel, and Madrona Venture Group to unveil a global competition which aims...

Indian e-wallet firm Paytm started the year on a high after Modi government’s sudden demonetisation surprise sprung on the citizens of the country last year came as a blessing in disguise for the firm.Post the demonetisation announcement, India saw the popularity of its mobile payment service sector increasing...