IDG Ventures and Axilor Ventures partner to fund frontier tech startups

L to R: Kris Gopalakrishnan, Chairman, Axilor Ventures and Sudhir Sethi, Chairman, IDG Ventures IndiaIndia-focused technology venture capital fund IDG Ventures India and Bangalore-based startup accelerator Axilor Ventures have come together to launch a programme to discover and fund early-stage startups in frontier tech sectors, the company said in a statement. Christened the Frontier Tech Innovators Programme, it will fund startups looking to raise seed or pre-Series A round […]

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VR startup Imaginate raises $500K from SRI Capital

Hemanth Satyanarayana, CEO of ImaginateImaginate Technologies, Inc, an augmented reality (AR) and virtual reality (VR) startup, has raised Rs 3.35 crore ($500,000) in seed investment from venture fund SRI Capital, a top company executive told Techcircle. “The funds will be used to scale up operations in the US and run pilots with large-scale organisations,” Imaginate’s managing director Hemanth Satyanarayana […]

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Xiaomi’s Barra joins Facebook to head virtual reality

hugo-fe_tcHugo Barra, who recently quit smartphone maker Xiaomi Inc. as its global vice president, has joined social networking giant Facebook Inc. as its head of virtual reality. Facebook CEO Mark Zuckerberg said in a post that virtual and augmented reality will be the next major computing platform. “Hugo is going to help build that future,” […]

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Realty-tech startup Foyr.com raises funding from JLL

FoyrFoyr.com, a Hyderabad-based online interior designing and home décor startup, has raised funding from a new real estate technology investment vertical set up by property consultancy firm Jones Lang LaSalle (JLL) India. The funding round comes more than a year after Foyr, earlier known as Renderlogy, secured under $1 million from Astarc Ventures. Foyr, operated […]

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Augmented Reality faces problems of perception, infrastructure in India, says Blippar country head

Arnav Ghosh, MD, Blippar IndiaAugmented Reality (AR) is at a nascent stage in India, though some brands have begun to realise its potential. Globally, big brands such as PepsiCo, Coca-Cola, Red Bull, McDonalds, Heineken and Audi have leveraged the potential of AR as a mass media platform. Blippar Inc is one of the startups helping these companies use AR […]

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This gaming startup will turn your neighbourhood into a virtual battleground

Two-and-a-half years ago a startup incubated within Google launched an online role-playing game based on augmented reality. Ingress, the game by Niantic Inc, has clocked 14 million downloads and added 1 million active users since then. A Hyderabad-based startup is now looking to recreate that success. Empower Labs Pvt Ltd claims to be the first […]

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Meet the five startups selected for Oracle’s accelerator programme

orcle_feA fin-tech company, an augmented reality solutions company and a mobile-first automated employee on-boarding platform are among the five startups selected by computer technology giant Oracle for the maiden edition of its startup accelerator programme. Christened Oracle Startup Cloud Accelerator Programme, it is a global startup accelerator initiative by Oracle with the Indian arm leading […]

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How Preksh takes the online shopper on a virtual tour of her favourite brick-and-mortar store

e-commDo you at times feel you are leafing through a shopping catalogue when you are browsing through your favourite e-commerce portal? Do you find the listings too staid and the product photos all stacked the same way? While you do appreciate the convenience of online shopping, the fun of discovering something new just behind the […]

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How Preksh takes the online shopper on a virtual tour of her favourite brick-and-mortar store

e-commDo you at times feel you are leafing through a shopping catalogue when you are browsing through your favourite e-commerce portal? Do you find the listings too staid and the product photos all stacked the same way? While you do appreciate the convenience of online shopping, the fun of discovering something new just behind the […]

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Ed-tech startup Smartivity raises $1 mn from S Chand, AdvantEdge, others

Smartivity4New Delhi-based Smartivity Labs Pvt. Ltd, an ed-tech startup that deploys augmented reality and robotics for kids learning projects, has raised $1 million (around Rs 6.7 crore) in pre-Series A funding led by its existing investor S Chand & Co. Pvt. Ltd and early-stage investment firm AdvantEdge Partners. The round also saw participation from Singapore-based […]

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