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Electric vehicle startup Strom Motors (E14 Technologies) has raised an undisclosed round of angel funding from Indian Angel Network. The round has been led by Neeraj Garg, Sanjay Bhasin and Anirudh Agarwal.
Risk capital investors have ploughed in over Rs 50,000 crore ($6.9 billion) into India’s fastest growing startupsthis year as they jostle to back winners in one of the world’s most dynamic entrepreneurial hubs.
With cryptocurrency mania over for now, blockchain startups need to dig a little deeper to attract attention. Their latest secret weapon: Nobel laureates.
Startup studio Technology 9 Labs(T9L) has received an undisclosed strategic investment from Japanese venture fund Spiral Ventures and MyNavi Corporation.
Smartphone discovery platform 91mobiles has acquired a majority stake in 500 Startups-backed product research platform Pricebaba for an undisclosed amount.
Regional language social mediaplatform ShareChat, which has recently raised about Rs 720 crore funding, will double its headcount to 150 people as it looks to further strengthen its technology platform.
Online pharmacy NetMeds has acquired telemedicine portal JustDoc in a cash-and-stock deal, the second acquisition by the Chennai-based company, which had acquired hyperlocal drugs delivery startup Pluss last year.
Gurugram-based online insurance comparison platform RenewBuy’s website boasts of a strong backend technology integration with leading insurance companies.
Training robots to do simple tasks with so-called deep learning has met with limited success, but a San Francisco startup offers a glimmer of hope for future work.
Early-stage technology fund pi Ventures announced the final close of its first fund at ?225 crore, exceeding the initial target of Rs 195 crore by 17%.
Two former Reliance Industries employees who were part of its GenNext Innovation Hub have set up Cornerstone Venture Partners Fund, an early-growth stage technology venture fund.
Budget hotel brand OYO announced its plan to hire over 2020 technology experts and engineers by 2020 on Friday. The announcement was made at the launch of OYO’s maiden tech conference.