T-Hub, a start-up ecosystem enabler, has signed an settlement with Beyond4, a multi-tier accelerator ecosystem based mostly in Malaysia, to help start-ups in India and Malaysia. The 2 entities will give attention to 5 areas: cross-border collaboration, funding facilitation, enterprise growth, help, and innovation promotion. “We’ll create a supportive ecosystem for exchanging information and finest … Read more
The federal government has lastly plugged this differential by making use of a uniform long-term capital features tax price of 12.5 per cent for resident and non-resident buyers, in addition to for listed and unlisted securities. BL Bengaluru Bureau Siddarth Pai, Founding Associate | CFO | ESG Officer, 3one4 Capital VIEWSROOM. The Indian start-up ecosystem … Read more
Maxim AI, an enterprise-grade analysis and observability platform for AI functions, introduced a $3 million funding spherical led by Elevation Capital. The spherical additionally noticed participation from marquee angel traders, together with founders of Postman, Chargebee, Groww, Razorpay, and Media.web, amongst others. With the infusion of capital, Maxim introduced the Normal Availability (GA) launch of … Read more
SaaS-embedded buyer expertise platform Kapture CX plans to double its income, with a 100 per cent development projected within the ongoing fiscal after a stable FY24. Incepted in 2011, Kapture CX continues to contribute to buyer help automation by leveraging the capability of AI, ML, and different rising applied sciences available in the market. The … Read more
AI-first robotics start-up, Management One, has raised $350K in pre-seed funding from a gaggle of buyers in the USA and India. Traders embrace Kunal Shah (Founder, CRED), Chaitanya R (Co-Founder, Wakefit), Amit Singh (Ex-MD, Avendus Capital), and Silicon Valley-based executives from Tesla, Amazon, Walmart, eBay, Mercedes-Benz, and Basic Electrical. The present funds raised are geared … Read more
Microblogging start-up Koo has stopped alary funds to all its staff from April as the corporate goes by way of a money crunch scenario. The microblogging startup was touted as a direct competitor for X, previously referred to as Twitter. A few of the staff had raised considerations about salaries being halted from April which … Read more
The Centre for Innovation and Entrepreneurship on the Worldwide Institute of Info Expertise (IIIT-Hyderahad) has tied up with the UK-based Royal Academy of Engineering to launch an unique cohort of eight startups. The short-listed startups, working in areas that promote the United Nation’s Sustainable Growth Objectives, will get the Academy’s Leaders in Innovation Fellowships (LIF), … Read more
In a major transfer, the Competitors Fee of India (CCI) on Friday ordered an investigation into Google for extreme pricing on Play Retailer, noting that the tech large’s Customers Alternative Billing (UCB) funds coverage was “prima facie” violative of the Competitors Act 2002. This CCI transfer might come as some music to the ears of … Read more
Attentive Inc, an AI-based SaaS start-up, has raised $7 million in Collection A funding spherical led by Vertex Ventures Southeast Asia and India. Current traders Peak XV Companions and InfoEdge Ventures additionally participated within the spherical. The corporate plans to deploy the funds in product growth and bolster its gross sales, advertising and marketing, and … Read more
River, a Bengaluru-based electrical automobile (EV) start-up, has raised $40 million (₹335 crore) in sequence B funding led by Yamaha Motor Co., Ltd. The spherical additionally noticed participation from present traders Al-Futtaim Automotive, Lowercarbon Capital, Toyota Ventures and Maniv Mobility, the corporate mentioned in a press release. Additionally learn: EV start-up River launches its first … Read more