Microsoft’s India cloud plans get booster shot as Flipkart signs up

Binny-Bansal,GroupCEOand-Co-FoundSatyaNadellaCEOMicrosoft_tc_feGlobal technology leader Microsoft and India’s top e-commerce firm Flipkart have announced a broad collaboration under which, as a first step, the latter will use Microsoft Azure as its exclusive public cloud platform. Microsoft CEO Satya Nadella and Flipkart group CEO Binny Bansal together announced the partnership at an event in Bangalore on Monday. The […]

Read more

Startups that got funded last week

startup-data-(4)2Deal activity slowed down in the last week of 2016 with only six companies raising angel, seed or venture capital. In the biggest deal of the week, Gurgaon-based logistics service provider Shadowfax received $10 million in a Series B round of funding from existing investor Eight Roads Ventures, an investment arm of Fidelity International. Bengaluru-based […]

Read more

E-commerce startup 10i Commerce Services raises $5 mn more

For-10i-SellX-Story_coins-1015125_1920E-commerce startup 10i Commerce Services Pvt. Ltd has raised $5 million (Rs 33.9 crore) more in investment from Infosys co-founder Nandan Nilekani, according to a report by a financial daily on Tuesday. The former UIDAI chairman had previously invested $5 million in the startup, bringing the total amount invested to $10 million. This marks Nilekani’s […]

Read more

Aerospace startup Team Indus secures launch contract from ISRO

IMG_20161201_125358Bengaluru-based aerospace startup Team Indus, which is incorporated as Axiom Research Labs Pvt Ltd, has landed a commercial launch contract with the Indian Space Research Organisation (ISRO). The contract will allow Team Indus to land a spacecraft on moon as part of its bid to win the Google Lunar XPRIZE. The moon mission is costing […]

Read more

Aerospace startup Team Indus secures launch contract from ISRO

IMG_20161201_125358Bengaluru-based aerospace startup Team Indus, which is incorporated as Axiom Research Labs Pvt Ltd, has landed a commercial launch contract with the Indian Space Research Organisation (ISRO). The contract will allow Team Indus to land a spacecraft on moon as part of its bid to win the Google Lunar XPRIZE. The moon mission is costing […]

Read more

Intrigued about prospects of life beyond earth? These space projects may help you

Space“I believe that life on Earth is at an ever-increasing risk of being wiped out by a disaster, such as a sudden nuclear war, a genetically engineered virus, or other dangers,” said renowned physicist Stephen Hawking, as per an extract published in The Guardian. He further added that, “I think the human race has no […]

Read more

Intrigued about prospects of life beyond earth? These space projects may help you

Space“I believe that life on Earth is at an ever-increasing risk of being wiped out by a disaster, such as a sudden nuclear war, a genetically engineered virus, or other dangers,” said renowned physicist Stephen Hawking, as per an extract published in The Guardian. He further added that, “I think the human race has no […]

Read more

Outgoing HCL Tech CEO sets up $15 mn tech fund

Anant-GuptaFollowing in the footsteps of many of his industry peers like Nandan Nilekani and Azim Premji, former HCL Technologies chief executive Anant Gupta has now set up a Rs 100-crore fund to support ventures developing cutting-edge technology products. Gupta, whose departure from HCL Technologies was announced today, has founded a new investment firm Techcelx’ that will focus on developing next-gen […]

Read more

RailYatri raises fresh round of funding from existing investors

railyatri_feNoida-based Stelling Technologies Pvt Ltd, the company which runs RailYatri.in, a platform which gives railways-related information, has raised a fresh round of funding from all its existing investors—Nandan Nilekani, Helion Ventures, Omidyar Partners and Blume Ventures. The amount of funding was undisclosed. This round comes after the Series A funding which the company had raised […]

Read more

Ratan Tata backs wearables startup GOQii

Ratan TataGOQii Inc, a wearable devices startup launched by Vishal Gondal, who has earlier founded Indiagames, has secured an undisclosed amount of funding from Ratan Tata, chairman emeritus of Tata Sons Ltd. The development was reported by the Press Trust of India on Monday. An email query sent to GOQii did not elicit a response at […]

Read more