archivestartups

Bengaluru to host World Startup Expo, a unique 3-day platform for startups, leading technology providers, investors, thought leaders and influencers. World Startup Expo 2016, Asia’s largest congregation, aims to bring together the most happening and disruptive startups and SMEs, along with the expertise of executives from the top corporations, government agencies, incubators, investors, HNWIs, VC funds, banks, students and technology companies from across the world. To maximize the platform, WSE 2016 will have four different streams running over three days. These include: - WSE Exhibition: 10000 SQM exhibiting area with 500+ startups,...

What Channel Gains From Oracle-NetSuite Deal? The channel is very optimistic about the much talked about Oracle-NetSuite deal and is hoping for the best outcome from the USD9.3 billion acquisition. However, partners demand more clarity on the impact of the deal on the channel business and opportunities, as well as challenges coming up with synergies of two cloud veterans coming together.Read More GST Hopes Brighten As Union Cabinet Amends Key Changes Bill The much awaited GST bill has come one step closer to convert into law as the government made...

In a bid to give boost to the startup ecosystem in the state, the Karnataka government has joined hands with a wide range of companies including IBM, Amazon and Microsoft to offer a slew of benefits to startups. Under the initiative called as the Startup Booster Kit, IBM will offer a suite of cloud services including SoftLayer and Bluemix worth $10,000, Amazon will offer $3,000 of cloud credits, and Knowlarity and Exotel will offer cloud telephony services at discounted rates. The state-run BSNL will offer discounted rates for accessing the...

Mywish Marketplaces, fintech startups has raised $15 million to push its financing business into new areas. The capital was proved by Franklin Templeton, the U.S. banking giant with more than $700 billion in assets under management. “We were chased by a lot of venture capitalists and investors globally,” Puru Vashishtha, who is board director at Mywish Marketplaces said. “Because we were profitable, we did not need to raise a lot and didn’t want to dilute too much too soon — that’s one of the reasons we chose Franklin Templeton. Also, Franklin Templeton has built...

The education industry has moved from traditional methods to more Web-based approached, with new technologies stepping in to make education a very different experience for the future. In that light, a research conducted by Craft Driven Market Research shows that, the 2016-2017 financial year should see a spike of 12% more funding for ventures in the ‘EduTech’ space. With new ideas, inclusion of educationists and students alike has been unparalleled, thus prompting the enthusiasm amongst financers in this niche segment. Craft Driven Market research studied 270 Edu-tech start-ups of India...

India’s largest start-up incubator T-Hub, has signed an MOU (Memorandum of Understanding), with Aeries Technology Group, to work on solving technological issues, for the newly created enterprises. When smooth running of applications and software are the fundamental critical needs, Aeries will be providing the Sratus branded ‘Always On’ fault tolerant software and server technology platform, which would be critical to start-ups having their applications ready-to-go from an early stage, face minimum/ no downtime, and the software to be enterprise as well. The software is mainly known for highest levels of...

In a bid to create an ecosystem that encourages new startups in the country, the government has taken an initiative to offer fiscal incentives to software start-ups. The aim behind the move is to bring in and sustain 10,000 new start-ups, which are expected to create 3.5 million jobs, directly or indirectly. According to the news published in an online portal pc-tablet.co.in, with this particular initiative, the government aims at helping the sector account for $100 billion of India’s total GDP (around 1600 percent growth from the current $6.1 billion). The...

The Statup India program specifically envisages technology business incubators and research parks. To boost such programs, Microsoft is working in conjugation with TCS to create a co-innovation platform which will help startups to develop products the two companies’ customers are seeking. “Microsoft Accelerator and TCS co-innovation network will create a platform to spur the Indian start-up system through an open framework,” the IT majors said at ‘Think Next Summer 2016′, a Microsoft Accelerator flagship forum here for thought leaders intended to drive transformation through innovation. “The progress India has made...