News
Flipkart deploys robots to streamline supply chain

Flipkart deploys robots to streamline supply chain

20th, March 2019

Flipkart has deployed as many as 100 robots to help sort packages at one of its delivery hubs in the outskirts of Bengaluru, the first such instance of the ecommerce giant deploying robotics to streamline its supply chain. The robots, dubbed automated guided vehicles (AGVs), pick products from a con

5

News
The future is powered by AI: Masayoshi Son

The future is powered by AI: Masayoshi Son

16th, March 2019

Artificial intelligence is in simple terms of Computer Science that emphasizes the creation of more intelligent machines that can act and react like human beings. The entire world is going behind artificial intelligence as if it is going to create big disruption in the industry through its technolog

152

News
Coliving Startup founders goes untraceable: Founders under scanner for Rs 30 crores fraud

Coliving Startup founders goes untraceable: Founders under scanner for Rs 30 crores fraud

15th, March 2019

Bangalore based Coliving startup Homigo’s founders Nikunj Bhatija, Jatin Mitruka and Aakash Verma are said to be untraceable from past few days. As per the source it is estimated that the three duos run with Rs 30 crores which belongs to their tenants. Nikunj Bhatija, Jatin Mitruka and Aakash

328

News
OYO is in expansion mode, acquired Innov8 For INR 220 Cr In An All Cash Deal

OYO is in expansion mode, acquired Innov8 For INR 220 Cr In An All Cash Deal

15th, March 2019

OYO, budget hotel aggregator today acquired Innov8, coworking space startup for Rs 220 Cr.($31.84). Post-acquisition Ritesh will continue to expand Innov8 brand as a separate brand under OYO. Innov8, Gurugram based startup co-founded by Dr Ritesh Malik during 2015 provides Co-working space for

131

Startup funding
Lead Angels, Y-Combinator, Data Collective & Venture Souq invest in HelloVerify

Lead Angels, Y-Combinator, Data Collective & Venture Souq invest in HelloVerify

12th, March 2019

HelloVerify India, today announced that it has raised an undisclosed amount of funding from Lead Angels network along with leading Silicon Valley investors like Y-Combinator, Data Collective & Venture Souq. Hello Verify is an API background screening platform which grew 100% y-o-y in the la

73

Startup
Now you can predict when shoplifting is about to take place.

Now you can predict when shoplifting is about to take place.

06th, March 2019

Vaak, a Japanese startup, has developed artificial intelligence software that hunts for potential shoplifters, using footage from security cameras for fidgeting, restlessness and other potentially suspicious body language. While AI is usually envisioned as a smart personal assistant or self-driving

122

News
Avenue Growth Partners with Industry Veteran Amit Gupta to Expand into $7 Billion Consumer Durables Market

Avenue Growth Partners with Industry Veteran Amit Gupta to Expand into $7 Billion Consumer Durables Market

27th, February 2019

India's largest Sales-as-a-Service Platform Avenue Growth today announced its partnership with Consumer Durables Industry veteran Mr. Amit Gupta and plans to expand its Sales-as-a-Service network into fast-growing Consumer Durables sector, which is estimated at $7 Billion Dollars today. Mr

152

News
RBI extended the deadline for Mobile wallets to identify the digital KYC route.

RBI extended the deadline for Mobile wallets to identify the digital KYC route.

27th, February 2019

Today Reserve Bank of India, again extended the deadlines for mobile wallet companies to find the route for KYC norms. This is the biggest relief for the mobile wallets as they can use this extension to find the best possible route for digital KYC updates. After a Supreme Court ruling on privac

144

Startup community
Technology Entrepreneurs lobbies for dual-class share structure

Technology Entrepreneurs lobbies for dual-class share structure

27th, February 2019

An industry grouping representing India’s top internet entrepreneurs has approached the government seeking a dual-class share structure along with differential voting rights for founder-promoters of startups that could encourage the country’s most valuable companies to list on the domestic stock

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