Bengaluru-based startup, HungerBox, announced that it has raised $2.5 million in a pre-series A funding round. The round was led by Singapore-based LionRock Capital and Infosys Co-founder Kris Gopalakrishnan. The startup was co-founded in 2015 by four founders and currently operates in Bengaluru, Chennai, Hyderabad, Mumbai, Pune, Delhi, and Jaipur. The company’s online platform, which […]

As per the recommendations of the 25th GST Council meeting, the Government of India has reduced the GST rates applicable to local and home services startups from 18% to 5%. The reduction in tax rates comes as a major relief to these startups. Startups such as UrbanClap, Housejoy and Quikr, presented the following argument to […]

Odisha is set to become home to the Centre of Excellence for Virtual and Augmented Reality (VARCoE), on the university campus of IIT-Bhubaneswar, according to an official. The aim of the new incubation centre is to support startups and entrepreneurship in the state, specifically focused on the Virtual and Augmented Reality sector, according to Prafulla […]

ShareChat, a Bengaluru-based social media startup, has raised a Series B funding round worth $18.2 million according to a company statement. Since its founding in 2015, the company’s social media platform has allowed users to share and post text, video, GIFs and audio. 80 per cent of Indian web traffic comes from mobile devices, with […]

Bengaluru-based CollPoll, an education startup with a platform developed for institutions such as universities, has raised and closed its pre-Series A investment round. The platform developed by the education technology startup enables connections and collaborations between students and faculty, while working to break down the barrier that exists in relation to information and educational institutions. […]