Friday, October 22, 2021

Practically & E-Cell, IIT Bombay to Host National Entrepreneurship Olympiad At Eureka!

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Practically, India’s first experiential learning app designed to make learning immersive for students of classes 6-12, has tied up with the student-run Entrepreneurship Cell (E-Cell) of the Indian Institute of Technology Bombay (IITB) as the title sponsor of the fifth edition of Eureka! Junior.

Niro, an embedded FinTech startup, raises $3.5 Mn

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Niro, a homegrown embedded consumer lending Fintech, has raised $3.5 Mn in a seed funding round led by Elevar Equity. The funding also saw participation from angel investors like Kunal Shah, Nitin Gupta, Bala Parthasarathy, the Patni Family Office, R. Ramaraj & Aseem Dhru.

HCAH Plans to Invest Rs. 200-300 Crores in HCAH SuVitas to Add 1500 Transition...

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SuVitas, a Hyderabad based transition care start-up was recently acquired by Delhi NCR based healthcare outside hospital pioneer HCAH backed by the Burmans of Dabur Group and Quadria Capital. HCAH plans to invest around Rs. 200-300 crores in HCAH SuVitas to expand its capacity across India (Delhi NCR, Mumbai, Bangalore, Kolkata, Hyderabad, Chennai, Pune & Ahmedabad) by adding 1500 beds in 30 transition care centers in over next 2-3 years.

Edtech startup BasicFirst joins hands with Riiid Labs to offer solutions for JEE, NEET...

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BasicFirst Learning, a Jharkhand Innvoation Lab-selected edtech startup, today announced its exclusive partnership with Riiid Labs, a global leader in AI for education (AIEd) solutions to deliver AI-powered personalized test prep solutions for JEE and NEET exams.

Housing credit start-up Homeville raises $7 mn from 9Unicorns

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Homeville, a fintech start-up that facilitates housing credit, including down payment assistance, has raised $7 million from a clutch of investors including 9Unicorns, Varanium NexGen Fund, JITO Angel Network, CREDAI Members Network, Blacksoil and Earlsfield Capital.

Creative Galileo enters into a partnership with Amar Chitra Katha

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Edtech Trailblazer, Creative Galileo, has entered into a partnership with the Indian history and mythological comic book giant Amar Chitra Katha. Under this partnership Creative Galileo will have the license to use a wide selected range of Amar Chitra Katha and Tinkle’s iconic stories and characters to create highly engaging content for games and videos for children between the ages of 3 to 10.

Infineon Technologies Signs MoU with MeitY Start-up Hub

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In order to promote technology innovation, start-ups and creation of intellectual property, MeitY Start-up Hub (MSH), an initiative of the Ministry of Electronics & IT (MeitY), has entered into a Memorandum of Understanding (MoU) with Infineon Technologies India. The collaboration aims to foster the development of incubation centres, Centres of Excellences (CoEs) and start-ups in India particularly in the field of Electronics and IT.

LenDenClub selected for ‘Microsoft for Startups’; aims to minimise NPAs and Frauds

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LenDenClub, India’s leading Peer-to-Peer(P2P) lending company, today announced its induction into ‘Microsoft for Startups’, a global program dedicated to accelerating the growth trajectory of high-potential start-ups.

Goa can be the next StartUp Hub say, Investors

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Goa continues to be an ideal place to work and live in according to the country’s top investors. The beautiful sunny state has much to offer for professionals and startups.

Sales-tech SaaS startup GTM Buddy raises $2 million in seed round

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GTM Buddy, a sales-tech SaaS startup, has announced that it has raised $2 million in its seedround, led by Stellaris Venture Partners. Founded by Sreedhar Peddineni, a serial entrepreneur, along with co-founders Santa Thounaojam, Sundar Vellaichamy, and Chandramani Tiwary, GTM Buddy is reimagining the sales enablement category and intends to be a category disruptor

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IndusInd Bank launches EMI facility on debit cards

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After the country's top lender State Bank of India (SBI), IndusInd Bank has now launched the EMI (Equated Monthly Instalments) facility on their debit cards. This will allow their customers to convert their high value transactions into simpler instalments.

Stocks to watch on: RIL, TVS Motor, Macrotech Developers

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Indian equity market is likely to open higher today as SGX Nifty gained 31 points to 18,271 level amid positive global cues. Benchmark indices slipped for the third straight session Thursday, tracking losses in IT, consumer durables and metal stocks

Maruti Baleno Facelift To Launch In 2022

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Maruti Suzuki’s premium hatchback offering, the Baleno, is due for a midlife facelift next year. The updated model has been spotted testing a few times in India, wearing heavy camouflage.