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).
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 start-up Capital Float has raised $22 million (Rs 144 crores) in equity funding from Amazon.
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.
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.
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.
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.
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.
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
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.
US-based Ansarada said that it has raised $18 million in Series A funding to accelerate expansion in the United States and EMEA.
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.
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 will now step up concentrated investments in sectors like Digital India, fintech, healthcare, education, logistics and global SaaS solutions.
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 has selected 12 technology startups in their second cohort to join the three-month accelerator programme in Oslo, Norway.
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 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.