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Mumbai-based edtech startup Toppr has raised funding of $35 Mn (INR 246.13 Cr) from Kaizen Private Equity and existing investors SAIF Partners.
Bengaluru-based online classifieds marketplace Quikr has acquired Chennai-based real estate platform, India Property Online Pvt Ltd, for an undisclosed amount.
Google plans to scale its India-focused startup mentorship program, Launchpad Accelerator, to 1000 startups in the country in 2019.
The state-run postal system, India Post, announced the full fledged launch of its ecommerce website and said it will use its existing parcel business for end-to-end delivery of products.
In one of the biggest news this week, Flipkart cofounder Binny Bansal along with former McKinsey consultant Saikiran Krishnamurthy is launching a Bengaluru-based tech company.
Flipkart cofounder Binny Bansal and former McKinsey consultant Saikiran Krishnamurthy are banding together to launch a company that will offer technology tools, learning and consulting services to growth- stage startups.
Seven Indian startups have been honoured as part of the TECH Rocketship Awards by the British Commission, which is hosting the India-UK Future Tech festival
Read More at Indianexpress
TechCrunch Startup Battlefield Africa just finished in Lagos, Nigeria, where 15 companies took the stage for the chance of winning the $25,000 equity-free grand prize, a trip for two to TechCrunch Disrupt San Francisco 2019 and the coveted title of “Africa’s Favorite Startup."
Read More at Tech Crunch
Startups looking for seed funding are encouraged to submit their application to a newly-established angel network offering funding of US$10,000 to $500,000 per project.
Read More at Entrepreneur
Amazon is investigating allegations that some employees in India and the US are sharing internal company data with merchants, according to a report. Vendors on Amazon’s India and US platforms are also said to have faced underhand tactics by rogue sellers, resulting in blocked accounts or compromised product listings.
Read More at Gadgets Now
NeuroTags provides algorithmically coupled tags, one is open and the other protected. The open tag is visible on the product and can be scanned by anyone with a smartphone to get the information about the product and its authenticity.
Read More at Indiatimes
India is looking to form an international drone alliance to standardise and regulate drone development globally, a senior government official reportedly said on Friday.