The country is going in for elections, to select its next president and the environment across is charged up. With common social networks like Facebook and Twitter banned, Telegram – the encrypted phone app, has become the most important tool of communication. 1 in 4 Iranians is estimated to be using it.
The Indian Railways budget grants Rs.50 crore fund for startups. The ministry plans to launch an innovation challenge which will be administered by a committee comprising of investors, representatives from National Academy of Indian Railways, Railway Board and is headed by Ratan Tata.
Funcart has raised $70,000 from a group of HNI. Launched in March 2015, Funcart has all party supplies one may need. The idea was worked upon with thorough market research in the year 2014. The funds will be used to build team and create a robust marketing network for the website.
Railway minister Suresh Prabhu on Thursday presented the Railway Budget for 2016-17. Emphasizing on technology, he offered that around 8.5 lakh crore would be spent …
The startup was founded by Rakesh Gupta, ISB alum and Ex-McKinsey and Sumit Handa, Symbiosis alum and Ex-ITC. The fundraise was led by Varun Aggarwal, founder and COO of Univariety. The company plans to use the current round of for technology upgradation, product ramp-up and marketing.
It is a collaborative effort with publishers and key technology companies. Google claims that AMP loads an average of four times faster and use 10 times less data than equivalent non-AMP pages. Publishing houses such as Network18, NDTV, India Today, Hindustan Times and DNA among others have come on board.
FeetApart, an employee engagement & wellness platform has raised angel funding from Vishal Bali, a senior professional from Nielsen Singapore and a consortium of angel investors across Bangalore, Hyderabad and Mumbai. The startup was founded in 2014 by Abhishek & Ashrith. Its app is available on iOS & Android.
The mobile app ‘eToilets’ designed by Eram Scientific Solutions, locates the nearest e-Toilet via a map and address listings. The company has also designed the electronic toilets which is made of stainless steel and are integrated with electronic systems to ensure cleanliness and hygiene for every user.
In his new role as a director, Mark Skaggs plans to develop new games for Indian smartphone users. After leaving Zynga, Mark Skaggs had remotely worked with Moonfrog Labs and will now join the startup’s leadership team. He will now help in launching new projects as well as mentor the founders.
Post-acquisition, Lawr aims to be delivering the latest legal updates to its users and providing a unique lawyer-finding service. Lawr will expand the legal marketplace and add several features for meeting legal needs in the community. LawFarm was founded in 2013 by Sreerupa Chowdhury and Monalisa Saha.
Other investors namely BEENOS, Qualgro and Mamoru Taniya of Asuka holdings along with existing investor SAIF Partners participated in this round. The raised funds will be used for hiring people in product and technology, marketing activities, and expanding to 20 cities in the next two years.
The investment will be focussed on extending ibibo’s leadership position in the Indian hotels category and on additional technology innovations. Ibibo processed more than 6.5m transactions for the period October to December (Q3) 2015.Goibibo hotel bookings surpassed 1.6m room nights during Q3, up 400% YOY.