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Magic Leap, which has been in stealth mode since its inception, recently announced that it had raised a $793.5 million Series C round led by Alibaba Group. Existing investors Google Inc, Qualcomm Ventures, Legendary Entertainment, KKR, Vulcan Capital, Kleiner Perkins Caufield & Byers, Andreessen Horowitz, Obvious Ventures, and others also participated in this round. Image credit: Magic Leap […]
03 Feb 2016
Shabda Nagari, a Hindi social networking portal, has raised $2,00,000 from Kanpur Angels and other investors. The funds will be used to expand its genre on the site and upgrade the UI. “With Shabda Nagari, we want to connect Hindi speakers with like-minded people online to express their thoughts in their language. In the online […]
25 Jan 2016
Home healthcare platform Portea Medical today announced that it has taken a majority stake in healthtech startup PSTakeCare, which connects stakeholders in the healthcare delivery ecosystem. PSTakecare, with the help of comprehensive information, analytics and consumer feedback, places the decision-making power in the patients’ hands. In September 2015, Portea received Series B funding of $37.5 […]
18 Jan 2016
Chennai-based enterprise software startup FreshDesk has acquired mobile-first user engagement platform Konotor. The third acquisition by the startup in 2015 depicts its mission to deliver omni-channel customer service. FreshDesk made its first acquisition in August 2015 with live video chat provider 1CLICK.io and second one in October 2015 with social recommendation app Frilp. “Mobilefirst companies […]
16 Dec 2015
Housejoy, an online home services provider, has raised Rs 150 crores in Series B round of funding. The round was led by Amazon and included new investors Vertex Ventures, Qualcomm and Ru-Net Technology Partners. Existing investors Matrix Partners India also participated in this new round. Housejoy was founded in January 2015 by Sunil Goel and […]
16 Dec 2015
During Prime Minister Narendra Modi’s recent visit to the US, Qualcomm Ventures decided to invest upto $150 million in startups based out of India. Fulfilling on that promise, Qualcomm recently invested in its first venture under the said $150 million strategic fund. The venture firm today announced an investment of $10 million in Attune Technologies, […]
20 Oct 2015
In his second visit to the US and first by an Indian PM to Silicon Valley in last three decades, Narendra Modi has innovation, technology, startups at the top of his agenda. Innovation, technology, start-ups and community programme on the agenda as PM @narendramodi reaches San Jose. pic.twitter.com/GPjHXvFw3c — PMO India (@PMOIndia) September 26, 2015 […]
27 Sep 2015
Entrepreneurs rarely announce funding on a Sunday. But today is an exception. Home focused healthcare platform Portea announced that it has raised $37.5 million Series B round led by existing investor – Accel and International Finance Corporation (IFC), a member of the World Bank Group; Qualcomm Ventures, and Ventureast. Following the round, Arun Mathew of Accel […]
20 Sep 2015
Reverie Technologies, a Bengaluru-based company that offers local language technology solutions, has raised USD 4 million in its Series A funding from Aspada and Qualcomm Ventures. “We are excited to have Aspada Investment Company and Qualcomm Ventures as our investors. Aspada has been investing in exceptional innovations that solve hard problems and Qualcomm Ventures were […]
31 Aug 2015
YourStory, India’s largest entrepreneur-focused media tech company, announced on Monday its first round of funding from marquee investors, Kalaari Capital, Qualcomm Ventures, T V Mohandas Pai and Ratan Tata. The investment comes at a time when YourStory, the single most definitive storytelling platform in the country for entrepreneurs, innovators and change makers, is taking its boldest step yet. […]
20 Aug 2015
YourStory, India’s largest entrepreneur-focused media tech company, announced on Monday its first round of funding from marquee investors, Kalaari Capital, Qualcomm Ventures, T V Mohandas Pai and Ratan Tata. The investment comes at a time when YourStory, the single most definitive storytelling platform in the country for entrepreneurs, innovators and change makers, is taking its […]
18 Aug 2015
YourStory, India’s largest media tech company for entrepreneurs, big and small, today announced its Series A funding led by Kalaari Capital, with participation from Qualcomm Ventures, T V Mohandas Pai and Ratan Tata.This is the first investment into the company. YourStory has been the single most definitive storytelling platform for entrepreneurs, innovators and change makers since 2008. […]
17 Aug 2015
I clearly remember the day in August, 2008. I tell a gathering of entrepreneurs in Mumbai, that I am going to start a venture which will tell stories of entrepreneurs who are not superstars yet but have the spark, drive and hope. A few entrepreneurs say, ‘DO IT’. Most of the experts present say, ‘IT […]
17 Aug 2015
The winners of the prestigious Seed Investment competition QPrize 2015 were announced at MobileSparks today. The winner included MyPoolin, which received the seed capital of $250,000. Flip Technologies was chosen as the runners up and received seed investment of $100,000. These early stage companies will enjoy exposure to venture capitalists and to the ecosystem as […]
08 Aug 2015
Birds EyeSystems, based in Mumbai, and 12 other cities, lets users manage their commute time by giving them real-time updates of the traffic. The startup hopes to expand to 30 cities this year.
21 Jul 2015
There has been a massive influx of digital technology into India recently. With the penetration of smartphones in Tier II and Tier III cities, Indians are using the internet like never before.
17 Jul 2015
B2B startups are not sexy, but have to be a solid business proposition. You have to work for 10 years to be an overnight success in B2B!
13 Jul 2015
In the retail industry, it goes without saying that the customer is the king. Companies have learnt that just offering an amazing product or solution is not enough to give the customer complete satisfaction.
10 Jul 2015