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Mary Meeker’s fund invests in India edtech startup BYJU’s !!

 Bangalore: BYJU’S – The Learning App is the common brand name for Think and Learn Private Ltd., a Indian educational technology (edtech) and online tutoring firm founded in 2011 by Byju Raveendran at Bangalore. In March 2019, it was the world’s most valued edtech company at $5.4 billion (Rs 37,000 crore).  Byju’s has claimed on 27 May 2020 that they have gained Rs. 2,800cr revenue in FY20. In July 2019, BYJU’s won the sponsorship rights for the Indian cricket team jersey, replacing its former sponsor Oppo,  Shah Rukh Khan is the brand ambassador for BYJU’S. Mary Meeker’s venture capital fund Bond Capital has backed online education…

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‘North-East can become organic hub of India, have global identity’: PM Modi

Kolkata: North-East India can become a huge hub of organic farming and the capital for organic products with its own identity in the world, Prime Minister Narendra Modi said on Thursday. “Just like Sikkim, the entire North-East can become a huge hub for organic farming. It can become an organic capital. It can bring about a revolution if the Indian Chamber of Commerce wants. You can create its global identity. If you want, you capture the global market with such products,” said PM Modi. Sikkim became the first state in…

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Dell Technologies partners with Nasscom to help SMEs, startups !!

Bengaluru: Dell Technologies has partnered with technology services industry body Nasscom to help small and medium enterprises, startups with products and services at competitive prices. Dell’s association with Nasscom is set to impact more than 2400 SMEs, and 9000 plus startups that are part of Nasscom 10,000 start-ups network. They will be provided with exclusive offers and rates on Dell’s Client and Infrastructure solutions, said Dell Technologies in a press release. This partnership aims to ensure smooth operations and business continuity for these small scale businesses during such a challenging time and to build a robust…

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Sequoia India Backs AI-Based Sales Solutions Provider In $8 Mln Round !!

Bengaluru: Salesken.ai, a start-up that provides artificial intelligence-based tools to improve sales, has raised $8 million in a Series A round from Sequoia India. The round also saw existing investors such as Unitus Venture and Michael and Susan Dell Foundation making a partial exit. Founded in 2019 by Sreeraman Vaidyanathan and Surga Thilakan, Salesken’s proprietary technology uses machine learning and data science tools to learn successful sales tactics and help teams with real-time intelligence to land more deals. The Bengaluru-based company said the new funds would be used for further development…

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This Social Commerce Start-Up Is Creating a New Way To Shop For Bharat !!

Jaipur: The spectacular entry of Reliance Jio and the subsequent disruption in Internet data usage led to the creation of unimaginable possibilities. Millions of people were going to be able to access the Internet for the first time, and most of them were going to be mobile-first as well. About 4 years later, the expected disruption has happened, and while content platforms such as TikTok have probably been the biggest gainers so far, online commerce is not too far behind. There’s the likes of Facebook-backed Meesho and Mumbai-based Shop101, which…

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This Indian Start-Up Wants To Bring More Customers To the Digital Payments Landscape !!

Bengaluru: Akash Sinha has always had the proverbial entrepreneurial itch. From trying to build a social network for workplaces to running a portal that would match entrance exam scores with the qualifying institutions during his undergraduation, he has dabbled a fair bit into starting up to know how it works. “It’s always been about looking at the problems in the market and trying to solve them; that’s what you do as an entrepreneur,” he says. Sinha is now the co-founder and chief executive officer of Cashfree, a payments and banking…

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Tamil Nadu’s Filter Kaapi Mafia, Other Investor Networks Drive The Budding Startup Ecosystem !!

Tamil Nadu: The Tamil Nadu Startup Policy was launched only in 2019 despite successful startups being around for over a decade. With small-scale networking events and local groups, TN startups are getting the right support system. Organisations such as Entrepreneurship Development Institute of India, Young Entrepreneur School and others are enabling newer founders. Tamil Nadu was noted as an emerging state in DPIIT’s Startup Ranking 2018. Since then, a lot has changed in the ecosystem — for one the Tamil Nadu government launched its state startup policy last year to back…

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PM Modi launches ‘Garib Kalyan Rojgar Abhiyaan’ to create infra, jobs in rural India !!

New Delhi: PM Modi launches ‘Garib Kalyan Rojgar Abhiyaan’ to create infra, jobs in rural India. Prime Minister Narendra Modi on Saturday launched ‘Garib Kalyan Rojgar Abhiyaan’ to boost livelihood of opportunities in rural India amid the COVID-19 crisis. The Prime Minister flagged off the Abhiyan from village Telihar in Bihar’s Khagaria district via video-conferencing. The campaign of 125 days across 116 districts in 6 states aims to work in mission mode to help the migrant workers. It will involve intensified and focused implementation of 25 different types of works…

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Startup Watchlist: Indian Electric Vehicle Startups To Watch Out For In 2020 !!

India is forecasted to become the fourth-largest market for EVs by 2040. In the past couple of years, the country has observed a behemoth of electric vehicle startups majorly targeting the shared mobility segment. Which electric vehicle startups have the potential to outshine the competition in 2020? The Startup Watchlist, an annual series in which we list the top startups to watch out for in 2020 from industries such as agritech, deeptech, logistics, healthtech, edtech and more. Explore all the stories from the ‘Startup Watchlist’ 2020 series here. When 16-year-old…

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A non-profit in Silicon Valley is helping minority start-up founders succeed !!

As we shine a spotlight on the lack of diversity in Silicon Valley, it’s worth highlighting some of the people who have been working to bring more diversity to the tech scene for years. One prime example is James Norman, now CEO of Pilotly, a focus group company. He also co-founded and runs an organization called the Transparent Collective, a non-profit that aims to help early-stage minority founders. The organization hosts groups of entrepreneurs from around the country for a four-day program of coaching and panels to help them hone…

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