Clean-tech startup igrenEnergi raised funding from Japanese investors

solar-(3)igrenEnergi Inc, a US-based solar energy startup incubated at the Indian Institute of Technology-Bombay, has raised an undisclosed amount of funding from Japan’s BroadBand Tower Inc and GiTV. BroadBand Tower operates data centres and provides cloud services to e-commerce companies, video distribution sites and social media, according to its website. GiTV is an investment fund […]

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Ventureast floats early-stage fund to back health-tech startups

health-tech startupsEarly-stage investor Ventureast Fund Advisors India Ltd is raising a new $4 million ($26.6 crore) fund to make angel and seed investments in digital healthcare startups. This fund is an “independent initiative” as part of the healthcare series, a company spokesperson told VCCircle on Friday. “We got the idea of raising this fund as our […]

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FreeCharge founders, Chaayos CEO back B2B pharmacy app Reap

FreeCharge founders, Chaayos CEO back B2B pharmacy app ReapMumbai-based Workcell Solutions Pvt. Ltd, which runs B2B app for pharmacies Reap, has raised an undisclosed amount in seed funding from FreeCharge founders Kunal Shah and Sandeep Tandon, Chaayos co-founder and CEO Nitin Saluja and Thinklabs founder Gagan Goyal, a financial daily reported on Wednesday. The company will use the funds to develop the product […]

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BharatQR code: Another milestone on the less-cash road?

QR-codeFollowing its demonetisation move on November 8 last year, the government has taken a series of steps towards a less-cash, digital economy, notable among them being the Unified Payments Interface (UPI) and the BHIM app. With the launch of BharatQR code, the world’s first interoperable payment acceptance solution, on Tuesday, it has tried to make […]

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Former Nirula’s CEO to lead Zomato’s cloud-based PoS business

Samir-KuckrejaRestaurant listings and discovery company Zomato Media Pvt. Ltd has appointed Samir Kuckreja, former chief executive of QSR chain Nirula’s Corner House, as president of its cloud-based point-of-sale (PoS) system, Zomato Base. Prior to joining Zomato full-time in February, Kuckreja served as a consultant to the firm, a Zomato spokesperson told Techcircle. The development was […]

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Google takes on Amazon Echo, adds voice-activated shopping

Google_121212Tech giant Google has added another feature to Google Assistant-powered Google Home smart speaker which would allow users to shop for products online. Google Home users can now order products from a litany of retailers including Costco, Whole Foods Market, Walgreens, PetSmart and Bed Bath & Beyond, it said in a blog post. With the […]

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Apple to start India manufacturing soon with iPhone SE

Apple to start manufacturing in India by April with iPhone SEApple India Pvt. Ltd, the local arm of Cupertino-based Apple Inc., will soon start assembling iPhones in India at a plant in Bangalore being set up by its Taiwanese manufacturing partner Wistron Corp, a financial daily reported on Friday. Wistron will assemble units of the iPhone SE starting April this year, a report in The […]

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Industrial IoT startup Flutura gets $7.5 mn from Vertex Ventures, others

Industrial IoT startup Flutura gets $7.5 mn from Vertex Ventures, othersBengaluru-based industrial internet of things (IIoT) startup Flutura Decision Sciences and Analytics, run by Flutura Business Solutions Pvt. Ltd, has raised $7.5 million (around Rs 50.2 crore) in funding led by Vertex Ventures. Lumis Partners as well as existing investor and Big Data startup fund The Hive also put money in the round, the company […]

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