Thursday, September 23, 2021
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Snap acquired Berlin-based Fit Analytics for $124.4 million

Snap acquired Fit Analytics in March and now, a filing has put a price tag on that deal, reports TechCrunch.

Hyderabad-based startup giving new spin of life to weavers

Ekor provides a platform where one can directly connect with weavers and get clothes designed as per one's own choice

Our Food to set up 20,000 food processing units across Telangana

While Rs 250 crore will be invested by Our Food, the rest will be through bank loans to farmers setting up the units and equity-cum-debt being raised by the startup

India’s startup founders should focus on creating institutions: PM Modi

Addressing the Nasscom Technology and Leadership Forum here, Modi said that startups should not restrict themselves only to valuations on exit strategies.

KreditBee secures Rs 545cr in Series C from Premji Invest, others

With a larger portfolio of loan products, our objective is to provide credit to over 180 million New-to-Credit customers who were not provided formal credit earlier. This investment would help us take more positive steps towards achieving that

‘Load The Box’ book fair from Feb 11 in Hyderabad

Organised by the New-Delhi based startup Kitablovers, 'Load The Box', is a one-of-its-kind book fair in the country, where people don't choose the books, but the box.

SuperHealthy to disrupt nutrition sector

Hyderabad startup strengthening its presence online and offline to spread across the country

F5 acquires multi-cloud management startup Volterra for $500 million

"With Volterra, we advance our Adaptive Applications vision with an Edge 2.0 platform that solves the complex multi-cloud reality enterprise customers confront," said François Locoh-Donou, President and CEO, F5.

LG acquires TV data analysis firm Alphonso for $80 million

The South Korean tech firm said it spent $80 million to acquire a controlling stake of more than 50 percent in Alphonso.

IIT-H startup develops AI driven hardware to detect battery defects in EVs

PURE EV researchers designed ANN-based algorithms for the system called ‘BaTRics Faraday,’ which identify the defects in various series in the battery and also auto heals them

Classplus signs Sourav Ganguly as its brand ambassador

"With Sourav's association, we look forward to facilitating the shift towards online coaching, and empowering educators to mould many more leaders of tomorrow," Mukul Rustagi, Co-Founder, Classplus, said in a statement.

UoH invites applications for Startup Launcher Program

The program, which starts on January 16, 2021, is designed as a combination of online weekend mentorship sessions and startup incubation/consultancy and support services to help the aspiring entrepreneurs.

NotOn Map wins Nasscom award for empowering rural communities

The Himachal Pradesh-based firm bagged the honour for bringing in a major impact on rural inclusion, education and empowerment through numerous innovations and initiatives during the pandemic times.

WhiteHat Jr Founder files $2.6 million lawsuit against critic

According to a TechCrunch report, Poonia has been accused of "infringing trademarks and copyright of properties owned by WhiteHat Jr, defaming and spreading misleading information about the startup and its founder

BYJU’S launches new initiative to encourage digital learning

BYJU'S Give is part of "Education for All" initiative that endeavors to democratise education and provide five million underprivileged children across remote areas access to quality online learning opportunities by 2025.

IIT Hyderabad incubated startup Pure EV to launch Etrance Neo on Dec 1

The high-speed, long-range vehicle with patented battery is priced at Rs 75,999

Uber in talks to sell its self-driving car division: Report

According to a report in TechCrunch, the sale of Uber Advanced Technologies Group (UberATG) would mark the end of a bumpy road as the venture has been suffering from several problems.

WE Hub incubated startup Smart Pharma raises seed fund

The company is part of WE Hub’s second incubation cohort and is one of 26 startups from across 16 cities in India. Bootstrapped since inception by the founders, Smart Pharma provides a SAAS-based solution for pharma distributors

Startup develops hand-held oral cancer screening tool

An online event kickstarting the product sales and distribution network will also be held in the presence of dignitaries, oncologists and channel partners identified across the country.

Atlassian’s $50mn global venture fund to focus on Indian startups

The company which set up a research and development centre in Bengaluru last year with plans to expand it further, said it is keen to nurture India's vibrant startup ecosystem and rich technical talent pool.

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