Start-Ups

Banking tech start-up Zeta bagged secured an investment of $250 million from SoftBank Vision Fund 2 in Series C of funding. The company is now valued at $1.45 billion, after one of the largest single investments in a banking tech start-up globally, the Bengaluru-based firm claimed. Sodexo, a Paris-based food services and facilities management company, participated as an additional minority...

As the 21st century is a technology-driven society, where we are surrounded by a plethora of web applications, the rise of pandemic saw a gradual shift of businesses online, ranging from applications like Microsoft Teams for imparting knowledge in schools/colleges to doctors providing online consultation on platforms like Practo, etc. Ever wondered how these apps are brought to life?... These...

InsurTech start-up Edelweiss General Insurance (EGI), has launched yet another industry first digital offering, IPOS (Integrated Partner On-boarding Solution). This is a fully automated onboarding solution for all its existing and prospective partners including Agents, Brokers and Web Aggregators. EGI and its partners stand to gain through improved throughput and enhanced efficiency using this digital platform, which would entail minimal manual intervention.   IPOS...

Aiming to foster the growth of innovation and entrepreneurship, the Entrepreneurship Development Cell of St. Xavier's College (Autonomous), Kolkata, organized its flagship event, the Entrepreneurship Awareness Camp 2021. Mr. Sourav Ganguly, current BCCI President, former Indian Cricket Team Captain and St. Xavier's alumnus, Mr. Manoj Kohli, Country Head SoftBank Group and Former MD & CEO of Bharti Airtel, Mr. Varun Sridhar, CEO of PayTM Money, Mr....

NetDragon Websoft Holdings Limited ("NetDragon" or the "Company"; Hong Kong Stock Code: 777), a global leader in building internet communities, is pleased to announce that the Fourth Digital China Summit was recently held in Fuzhou City, Fujian, and as the exclusive special contribution brand partner of the summit, the Company has participated in the event and hosted the Digital...

Amazon India announced the launch of its 'Mentor Connect' programme on April 11. It is aimed at accelerating the growth of start-ups and emerging brand owners enrolled under its Amazon Launchpad initiative. Through the programme, start-ups, and emerging brands will gain access to guidance from venture capital firms, industry veterans and Amazon leaders through expert knowledge sharing sessions, networking events,...

UptimeAI, a company specialising in AI-based predictive maintenance software for heavy industries, has raised a total of $1.5 million in its seed funding from YourNest Venture Capital and other angel investors. This investment will help UptimeAI scale its core technology development efforts and expand its presence in multiple international markets, said a statement. The company was founded in 2019 by...

Prime Minister Narendra Modi on Wednesday urged India's startup founders to think how to create institutions and not focus on valuations alone. Addressing the Nasscom Technology and Leadership Forum here, Modi said that startups should not restrict themselves only to valuations on exit strategies. They should think of creating an institution that can outlive this century by creating world class...

In today’s time with the rising acceptance of entrepreneurship and a fast-developing ecosystem of peers, investors, mentors, incubators, Government & Corporates, there has never been a better time to start up. However, the failure rate among startups remains as high as 90% with ~ 80% facing closure within the first 18 months. Keeping in mind the challenges in the...

 Entrepreneurs Organisation on Saturday announced the winner of EO GSEA India National Finals. Ambula Gopi Raja, a student entrepreneur from EO Karnataka Chapter emerged as the winner from India. He was felicitated in a virtual award ceremony, which was hosted by EO Bhopal. Ambula also received a cash prize of Rs.1,00,000 and secured his place to compete in the...