myGate, a mobile-based security management solutions provider, announced that it has raised Rs 16 crore in its first round of funding led by Prime Venture Partners. The company aims to employ the influx of funds to invest in its technology and scale up the user base to 2 million homes across the top seven metropolitan […]

The south east Asian ride-hailing company, Grab, announced that it has acquired the Bengaluru-based startup, iKaaz. The acquisition is aimed at expanding Grab’s digital payments platform, GrabPay. The company however is yet to disclose the financial details of the acquisition deal. The news comes after Grab bought the Indonesian online payment platform startup Kudo, last […]

In a collaborative effort, NASSCOM and MassChallenge Israel have partnered to support entrepreneurship with a scholarship agreement. 10 Indian startups will be selected for a $5000 scholarship each, funded by NASSCOM and the Deshpande Foundation. The finalists will then attend a four-month equity-free accelerator programme. The programme which is held in Jerusalem will also be […]

An ed-tech startup has launched a platform, Kidovators, to promote creative and critical skills in school-aged children from class IV to class IX, with Gray Matters Capital as an investor. The learning-focused platform by Add-On-Gyan Educational Services Pvt. Ltd., challenges students to apply creative and critical thinking with challenges and provides course material for learning […]

The Chinese bicycle sharing startup, Ofo has reportedly partnered with Paytm to launch its services in India. Ofo is one of the leading global players in the bicycle sharing space. The company has successfully raised $1.2 billion till date, of which $700 million was invested by Alibaba alone. The company claims to have crossed the […]