Capital Float raises international debt line of Rs 48 crores from Triodos Investment Management

Capital Float raises Rs 48 crores from Netherlands-based Triodos Investment Management

Capital Float said that it has raised debt of €6 million (Rs 48 crores) from the Netherlands-based asset management company, Triodos Investment Management (Triodos IM).
Private equity and venture capital investors in Southeast Asia and India capture 170 technology transactions worth US$2.6 billion in Q1 2018

PE and VC invest $2.6 billion in Q1 2018 in tech startups across Southeast Asia and India

Southeast Asia and India continue to capture heightened attention from investors in 2018 outside of China, with private equity (PE) and venture capital (VC) investors capturing 170 tech transactions worth $2.6 billion in Q1 2018.
Bangalore based fintech startup Capital Float raises $22 million in equity funding from Amazon

Amazon invests $22 million in Bangalore based fintech startup Capital Float

Bangalore based fintech start-up Capital Float has raised $22 million (Rs 144 crores) in equity funding from .
Foodpanda inks partnership with PhonePe to strengthen their digital payment portfolio

Foodpanda inks partnership with PhonePe to strengthen their digital payment portfolio

Foodpanda announced its partnership with PhonePe to enable digital payments for all its users. As an introductory offer, users paying through PhonePe can avail a cashback of 50% up to Rs 100 on their first order.
Microsoft ScaleUp launches its 12th cohort in India for startups

Microsoft ScaleUp launches its 12th cohort in India for startups

ScaleUp is part of the recently announced Microsoft for Startups initiative, a new program that aims to provide access to technology, go-to-market and community benefits that helps startups grow their customer and revenue base.
MonetaGo, RXIL, A.TReDS, and M1xhange launched blockchain network for financial services

MonetaGo, RXIL, A.TReDS, and M1xhange launched a blockchain network for financial services

The Reserve Bank of India licensed three entities to provide a more efficient venue to do this: RXIL, A.TReDS, and M1xhange. These exchanges provide competitive marketplaces for small businesses with the help of blockchain.
Elevát has been deployed across thousands of connected assets in the Mobile Industrial market, with the pace of installation gaining momentum every day.

Industrial Internet of Things focused Elevát raises $2.5 million funding

Cloud based Industrial Internet of Things (IIoT) Platform firm Elevát said that it has raised $2.5 million of capital in a recently completed funding round.
Intello Labs Pvt. Ltd., Olivewear Pvt. Ltd., OCEO WATER, S&I Engineering Solutions Pvt. Ltd., Streamingo, and Ziroh Labs, will join a in Jerusalem this April.

Six Indian start-ups qualify for MassChallenge Israel 2018 accelerator

IT Industry lobby body NASSCOM said that six of its incubated start-ups have been selected for the 2018 batch of Israel’s MassChallenge accelerator.
HDFC Bank, Artificial Intelligence, Chatbot, Ratan Tata,

HDFC Bank: AI based chatbot facilitates transaction worth Rs 16.7 million

An artificial Intelligence based Chatbot built for HDFC Bank and supported by industrialist Ratan Tata, Unilazer Ventures and SAP.iO among other investors has facilitates e-commerce transaction of worth Rs 16.7 million
AgTech, AgShift, Exfinity Ventures

AgTech start-up AgShift raises $2 million funding led by Exfinity Ventures

AgShift, a California-based technology startup, which is working on an autonomous food inspection system leveraging deep learning to reduce food waste has raised $2 million in seed funding to strengthen product development and expand customer reach.
Ansarada, Startup

Ansarada raises $18 million Series A funding to go global

US-based Ansarada said that it has raised $18 million in Series A funding to accelerate expansion in the United States and EMEA.
Mobile App, AppsFlyer

Average Indian app user makes $5.50 in-app purchases over a 90-day period: Report

India is a mobile-first country that is very app-centric, with the average Indian app user making in-app purchases valued at $5.50 over a 90-day.
Kings Learning, Learn English, Reliance Jio, Jio App

English learning startup Kings Learning launches enguru Jio Phone app

With the aim to make English learning accessible to every Indian, Kings Learning, the employability-focused English learning tech startup, has joined forces with the Jio Phone.
Prime Venture, Sanjay Swamy, Shripati Acharya, Amit Somani, Raj Mashruwala, Digital India

With 60 million in fund 3, Bangalore based Prime Venture to step up investment in Digital India

Prime Venture will now step up concentrated investments in sectors like Digital India, fintech, healthcare, education, logistics and global SaaS solutions.
Harte Hanks, 3Q Digital business

Harte Hanks sends 3Q Digital Business to its old owners for $5 million

Digital technology firm Harte Hanks has sold its 3Q Digital subsidiary to an entity owned by certain former owners of the 3Q Digital business for $5 million in cash.
Katapult Accelerator, Startups

Katapult Accelerator selects 12 tech startups for second cohort in Oslo

Katapult Accelerator has selected 12 technology startups in their second cohort to join the three-month accelerator programme in Oslo, Norway.
Startup, Nordic Tech House, FundedByMe, Qurant

Nordic Tech House, FundedByMe launch eHealth startup Qurant

Qurant will focus on occupational health care in Sweden and will position itself as a startup that helps company’s reduce their sick leave expenditure.
IIT Kharagpur, Capillary Technologies, Artificial Intelligence

IIT Kharagpur gets Rs 5.64 crore from Capillary Technologies to set up Artificial Intelligence research centre

IIT Kharagpur is setting up a centre of excellence in artificial Intelligence (AI) research aimed at promoting education, training, research, projects, incubation and entrepreneurship in AI related domains.