According to a statement released on Saturday at Thiruvananthapuram, a proposal submitted by the state startup mission (KSUM) to grant sabbatical leave to faculty members across all colleges of the state to launch startups have been given the go-ahead by the Kerala Government. The move is to encourage academics to join the new entrepreneurship of […]

A month after raising $ 250 mn in Series D funding from SoftBank, Hero Enterprise and an additional $ 10 mn from China Lodging group, China’s leading hotel management firm,  OYO announced the company has selected Hyderabad to set their technology development centre with Priyank Choudhary at the helm. Apart from hiring former Amazon executive […]

E-commerce lobby group Indiatech.org conceptualised by Sachin Bansal, Chairman, Flipkart, and Bhavish Aggarwal, Co-founder, Ola Cabs, has found support from the telecom and internet giant SoftBank. SoftBank has agreed to back the lobby with finance and help in strategizing the fight against foreign rivals. Notably, SoftBank is the biggest investor in startups like Flipkart, Ola, […]

Venture capital firm Accel Partners and Zephyr Peacock invest nearly $7 million in ready to cook food brand Fingerlix. Zephyr Peacock being a return investor in the Series B round. First operating in Mumbai and Pune, Fingerlix have just expanded their operations in the NCR region, offering an array of batter, mixes, paranthas, upma, biryani, […]

Apart from the various VCs and PEs, various banks are accelerating the financial technology ecosystem by lending out to fintech startups , while looking for technological solutions and validating the solutions designed together. The validation help the startups help gain confidence for further investments for VC and PE firms. Banks like Yes Bank, SBI, Kotak […]