The first startup hub in Bihar has been launched and opened by the state’s Deputy Chief Minister and IT minister, Sushil Kumar Modi. According to Modi, the hub, which is located in Patna and will assist 31 startups, will bring about encouragement within the youth of state to pursue entrepreneurship. At the inauguration of the […]

The online lending startup, Avail Finance, announced that it has raised $17.2 million (approximately Rs 112 crore) in Series A round of funding led by venture capital firm, Matrix Partners. The funding round also saw participation from prominent investors including Ankit Bhatia and Bhavish Aggarwal from Ola, FreeCharge Founder Kunal Shah, Flipkart Co-founder Binny Bansal […]

Chatbot developer, Anaek Inc., has raised an investment from Matrix Partners India, a venture capital firm that has been active for over 11 years. The startup provides companies with the chatbots developed on a free trial basis, with charges after the set time period. The companies chatbots fill a variety of needs such as human […]

Dining out can often be stressful and more complicated than necessary. At least that was the experience of Smit Nebhwani and Amrish Patel, the founders of Voolsy. After numerous harrowing experiences of waiting endlessly for waiters, menus and other issues, the pair founded a restaurant dine-out mobile app in February 2016. The startup’s app allows […]

US aerospace and defence giant, Lockheed Martin, will soon invite innovative ideas via its annual programme, “India Innovation Growth Programme”, which focuses on startups and university students, aiming to help them come forward with their ideas and thereafter enable them to enter the market. “Applications for this programme, launched in 2007, will be received from […]