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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.
Uber India recorded an annualised booking rate of $1.64 Bn (INR 11,651 Cr) in the third quarter, according to an internal email shared by Uber India head Pradeep Parameswaran to CEO Dara Khosrowshahi.
Zomato has acquired TechEagle Innovations, a Lucknow-based startup that works exclusively on drones, for an undisclosed amount.
Back in the 80s, there was a widely popular Hawkins pressure cooker advertisement on TV featuring Hindi film actress Neena Gupta that promised delicious food with no trouble while cooking.
Global ecommerce company Amazon has reportedly invested $311.51 Mn (INR 2,200 Cr) in its Indian subsidiary, the fourth tranche of its $5 Bn (INR 35,255 Cr) commitment to its expansion in the country.