NEWS

Meet the five startups selected for Oracle's accelerator programme

VCCircle

Likewise, the nine incubation centres located in Bangalore, Chennai, Gurgaon, Hyderabad, Mumbai, Noida, Pune, Thiruvananthapuram and Vijayawada will support entrepreneurship and development of startups by providing software, tools, and training to ...

Multi-channel network SillyMonks raises Rs 3cr funding from an HNI, plans to launch 6 web series properties

YourStory.com

Hyderabad-based multi-channel network (MSN) SillyMonks raised Rs 3 crore from HNI Sreenivasa Reddy Musani, CMD EKTHA Group. With this new influx of funds, SillyMonks plans to introduce six new digital media properties. “SillyMonks has shown ...

#MarketWire: Only 1 Out of 250 Startup India Applications Cleared & More

iamWire

The sole startup which has been selected is Hyderabad based renewal energy firm, Cygni. The portal was set up to enable startups avail the tax benefits, provide them with a real-time recognition certificate and keep them abreast with various relevant ...

KTR evinces interest in Clean Tech Incubator

The New Indian Express

HYDERABAD: IT minister KT Rama Rao, who is touring the United States (US), visited Clean Tech Incubator iHub in California State. iHub houses startups working in the field of clean technology and non-conventional energy sources. Rama Rao has shown ...

Home salon services startup Pamperazi to merge with Hyderabad-based rival ZapLuk

VCCircle

... Hong Kong-based Swastika Company Ltd. StayGlad, a mobile marketplace for on-demand beauty services, raised an undisclosed amount in Series A funding from Silicon Valley-based venture capital firm Bessemer Venture Partners in November last year.

Hyderabad Angels invested Rs 15cr in 12 startups last year, looks at 12 more this year

YourStory.com

On Monday, Hyderabad Angels (HA) announced adding 12 startups this year to its current portfolio. The angel investor network has already invested Rs 15 crore in 12 others over the last one year (2015-16). Established in early 2012, HA has invested Rs ...

IIIT-Hyderabad to fund three innovative startups

The New Indian Express

HYDERABAD: At a time when most of the startups are focusing on solving fairly shallow problems, Avishkar, the start-up accelerator programme of International Institute of Information Technology, Hyderabad (IIIT-H) on Friday took three companies under ...

This startup lets you get behind the wheel of a BMW or Audi car even if you don't own one

YourStory.com

Coming from families that run chauffeur-driven vehicle businesses, it made sense for them to join hands and set up a car rental business based out of Hyderabad. The duo observed that while there were several car and bike rentals in the legal issues ...

With 500 million transactions a year, Capillary Technologies targets to be cash positive by the end of 2016

YourStory.com

According to Aneesh Reddy, Co-founder and CEO, Capillary Technologies, the company's recent acquisition of the Hyderabad-based multi-channel commerce platform MartJack yielded multi-fold revenue growth. Post-acquisition, they managed to add ... In ...

How a young IT minister is transforming Hyderabad into a global business city once again

Firstpost

He's focused on making Hyderabad a fully WiFi-enabled city, and building Hyderabad into one of the best cities in the world for startups and entrepreneurship activities. Under his leadership, Hyderabad is now home to the largest start-up incubator in ...

Hyderabad-based startup iBot aims at driving IoT-led innovation for Indian businesses

Firstpost

Big tech giants and startups alike are trying to leverage the technology and get everything we use in our day-to-day lives connected. iBot Control Systems is one such Hyderabad-based company in the startup space that claims to be on a mission to drive ...

Hyderabad to host next edition of 'Campus Party'

Business Standard

The objective of the Campus Party is to bring together geeks, nerds, designers, developers, gamers, hackers, scientists, startups and other fans of Internet and technology popularly known as "campuseros", where they will go through a series of intense ...

From apps that assist parking in malls to saving water, ideas burst at hackathon

The New Indian Express

HYDERABAD: As many as 50 students from various engineering colleges have come together for a two-day hackathon to develop digital solutions for day-to-day problems. The brainstorming session led to some interesting ideas on which the students would ...

Funding Galore: Startup Fundings Of The Week [9 May – 14 May]

Inc42 Magazine (press release) (blog)

Capital Float: Online lending platform Capital Float raised $25 Mn (INR 170 Cr) in a Series B round of funding led by US-based Creation Investments Capital Management along with SAIF Partners, Sequoia Capital and Aspada Ventures. After the latest ...

T-Hub incubatee Life Circle raises $150000 from Europe-based healthcare service provider, GROUPE SOS

YourStory.com

Life Circle Health Services, a Hyderabad-based home nursing and professional care giving service provider has raised $150,000 from GROUPE SOS, a European senior healthcare service provider. The fresh round of funds will help Life Circle to expand its ...

IoT startup Einsite raises seed round from KPCB Edge

ETtech.com

The California-registered firm, which designs Internet-of-Things (IoT) based solutions for the construction and mining industries from its development centre in Hyderabad, has raised a seed round from KPCB Edge. KPCB Edge is the early-stage investment ...

Weather-Proofing Small Farmers In India

Forbes

That's the mission of the co-founders of Kheyti, a one-year-old startup in Hyderabad, India, that sells modular greenhouses to small farmers who have .2 to 2 hectares of land. The social enterprise just won $10,000 in the CommonBond Social Impact Award ...

Online food ordering platform Swiggy raises $7 mn

VCCircle

Online food ordering platform Swiggy, which is run by Bangalore-based Bundl Technologies Pvt Ltd, said it has raised Rs 47 crore (around $7 million) more from existing investors, including Norwest Venture Partners, DST Global and Accel Partners. The ...

US-based Travel Tripper opens office in Hyderabad

ETtech.com

The Hyderabad centre is Travel Tripper's second international office, after it recently entered London to cater to European clientele. It comes close on the heels of Apple choosing Hyderabad to set up its largest technology development centre outside ...

IIT-H centre to train healthcare innovators

The New Indian Express

HYDERABAD: Have an innovative idea in healthcare? To encourage ... To fast-start the innovation, we are trying to get all the stakeholders involved on a single platform so that the innovators get easy access to venture capitalists and incubators. At ...