Creator of the Blink Watch, Witworks Consumer Technologies, has been bought out by Myntra, which is owned by e-commerce company, Flipkart. Using a platform also created by the startup, the Blink Watch can be worn by users while providing other technology-based services rather than only being used to tell time. With Myntra’s recent shift to […]

A startup focused on education for students, Embibe, is set to receive an investment worth $180 million from Reliance Industries. The startup, which is run by Indiavidual Learning, provides students with an artificial intelligence-based learning platform which provides results and learning on an individualized basis, based on the student’s capabilities. The startup has future plans […]

IoT startup, Chariot, has reportedly raised Rs 2 crore in a Pre-Series A funding round raised from Gems Partners, an international Venture Capitalist. The funds received will be employed toward servicing current and future clients, product development and market expansion. “This investment by Gems Partners will help us in further consolidating our reach at the […]

The Narendra Modi government is reportedly contemplating establishing a limit on the tax concessions that can be availed by startups on investments from angel investors, as per a government official. Such a move could help budding entrepreneurs across the country. Numerous startups have raised concerns regarding the taxation of angel funds under Section 56 of […]

Bengaluru-based Fyle, a fintech startup aiming to simplify expense management for businesses and their employees, has released a new Outlook Add-In to supplement its services. The startup uses artificial intelligence to perform data extraction services for receipts and online expenses. Founded in 2016 by Yashwanth Madhusudan and Sivaramakrishnan Narayanan, Fyle has a client list including […]