Press Release

While we know India has the third largest ecosystem in the world, which are the places within the country that are most preferred by budding entrepreneurs and startups to start their journey?According to a recent report from Data analytics company Tracxn Technologies, NCR, which comprises of New Delhi,...

Earlier, last week India's central bank Reserve Bank of India (RBI) showed its discomfort with Bitcoin while agreeing that it may make cryptocurrencies in the country as legal tender. Now, in a latest development RBI is considering its own cryptocurrency since it is not comfortable with non-fiat cryptocurrency like...

If you're a Bitcoin user in India, then this particular news affects you the most. The digital currency has gone for a toss in the South Asian country, figuratively of course. According to a report in the Economic Times (ET), Bitcoin is falling much faster in India...

In what could be considered as a moment of immense pride for the state of Kerala and the entire Indian Startup ecosystem, Kerala-based hyperlocal e-commerce firm Buyfie is one of the 30 startups to be chosen from all around the world for the highly prestigious and...

Chennai-based Inthree Access, a parent company of rural e-commerce platform Boonbox, has raised an undisclosed pre series A round from a group of investors including Keiretsu Forum and existing investors Indian Angel Network. Established by Inthree Access, Boonbox is an exclusive rural e-commerce platform.Incorporated in 2011, Boonbox...

Nomura Financial Advisory and Securities (India) Pvt. Ltd has valued Zomato Media Pvt. Ltd at $1.4 billion at a time the Gurgaon headquartered foodtech startup is in talks with Chinese payments firm Alibaba's Ant Financial Services Group to raise $100-$200 million.“Zomato, in our view, is the only...

Global ecommerce biggie Amazon is trying hard to become the numero uno player in the Indian ecommerce market by beating its arch rival Flipkart. Understanding that the best way to achieve this faster is by maintaining a wide variety of sellers on its platform, the American giant has decided...
AskArvi Raises Funding

Mumbai headquartered Haida Technologies Pvt. Ltd, which is the name behind India's first smart personal insurance assistant, AskArvi.com, has recently raised an undisclosed amount of funding from a group of investors in a round that was led by US-based early-stage investment fund Jang Capital LLC.Speaking to

Amazon seems to have taken a great liking for the Indian market. After deciding to double its office space in India by next year and setting up its largest standalone Fashion Imaging Studio called BLINK in India's Gurgaon recently, the global ecommerce giant is now...

India's transportation system is in dire need of change. Considering the growing population and the growing traffic situation in the country as a result of it, upping our tech game is the only way out of the transportation mess that the mankind has created for themselves. Pod cars are...