Pristyn Care, a healthcare provider, has acquired health-tech firm Lybrate for an unknown sum in order to strengthen its operations and expand into primary care. Pristyn, which became a unicorn in 2021, offers innovative secondary care operations through a nationwide network of over 800 hospitals. Lybrate will be used to drive synergies with the company’s existing activities, according to the company. “Given the increasing demand for online health services, Lybrate makes a compelling strategic fit to give access to primary care to our patients via online consultation services. We truly…
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Garuda Aerospace eyes plantation of 75,000 seeds
Start-up for drones Garuda Aerospace announced on Saturday that it will plant 75,000 seedlings to commemorate the country’s 75th anniversary of independence. Garuda Aerospace launched a statewide drone seed planting program on June 5 to commemorate World Environment Day, according to a company statement. The company’s recently introduced ‘Vriksh Vaahan’ drone was used for the task. The drone is a simple approach to boost productivity while avoiding environmental impact, according to the report. “The ‘Vriksh Vaahan’ drones will spray seeds directly over fields on the desired spot with the help…
Read MoreHighlights of India First Tech startup conclave & awards 2022 : Bengaluru chapter
The Indian startup ecosystem is entering a new era. The unicorn population has increased by leaps and bounds in the last year, driving our country to third position in the globe. The All India Council for robotics and automation is exploring the spread and depth of our startup ecosystem by organizing the Bengaluru chapter of the INDIA FIRST Tech startup conclave & awards this June. The conclave is a 2-day event that is being conducted on the 8th & 9th of June 2022. The event’s goal is to provide an…
Read MoreApple likely to launch its own search engine to take on Google
Apple and Google are the two dominant forces that currently rule the market. The Cupertino-based behemoth may now compete with Google in another area dominated entirely by the latter, namely the search engine. No other search engine comes close to Google’s popularity, but Apple may soon make things tough for Google. According to sources, Apple is planning to launch a new user-centric online search. However, Apple intends to wait until January 2023 before launching the search engine. Tech blogger Robert Scoble has detailed the list of things that Apple is…
Read MoreRuraltech startup Hesa raises $2.3M in a pre-Series A round led by Venture Catalysts
Hesa, a rural tech startup located in Telangana, has secured $2.3 million (Rs 17.8 crore) in a pre-Series A fundraising round headed by Venture Catalysts, with participation from Venture Catalysts US Chapter, Faad, Inflection Point Ventures, WFC, and other significant angel investors. The firm, founded in 2019 by Vamsi Udayagiri and Hema Nandiraju, will utilize the funds received to grow its geographical reach, develop its technological platform, and extend its capabilities in agri-fintech and commerce. Hesa allows for many API interfaces to deliver online, round-the-clock services in major sectors such…
Read MoreBinance Labs closes $500 million investment fund to boost blockchain, Web3 adoption
Binance Labs, the venture capital and incubation arm of global cryptocurrency exchange Binance, has announced the establishment of a new $500 million investment fund. The new fund will invest in ideas that will broaden the applications of cryptocurrencies and boost the adoption of Web3 and blockchain technologies. As a limited partner, it is supported by worldwide institutional investors such as DST Global Partners and Breyer Capital and other prominent private equity firms, family offices, and corporations. Changpeng Zhao ‘CZ’, Founder and CEO of Binance, said: “In a Web3 environment, the…
Read MoreSaaS firm Kovai.co charts product-led growth strategy for unicorn status
Kovai.co is aiming for unicorn status as the Software as a Service (SaaS) company pursues a product-led growth strategy, according to founder and CEO Saravana Kumar. With a leaner product portfolio, Kumar said the business is working on a customer success product — one of the fastest-growing product sectors in SaaS — that will be released this year. “We see huge potential for this product. On its own, it can reach $50 million annual revenue,” he said. He estimated Kovai.co to reach unicorn status, or privately held company with a…
Read MoreSourav Ganguly joins hands with Noida-based edtech startup Classplus
After a cryptic tweet, BCCI President Sourav Ganguly on Thursday announced a partnership with Noida-based edtech startup Classplus to promote thousands of instructors and content creators. After 30 years in Indian cricket, Ganguly resorted to social media to promote this endeavour. “The first step towards achieving your dreams is having the right coach.” Ganguly says in the 30-second short. Classplus claims to have digitised over a lakh educators and content creators in over 3,000 cities, servicing 30 million students and aiding them in growing their online profile and selling their online…
Read MoreUpcoming startup event in Bengaluru-2022
Indiafirst tech startup conclave & awards coming to the silicon valley of India: Bengaluru, after the grand success of its Delhi chapter back in February. The conclave is one of the most prominent and innovative events in India, with a collective goal of strengthening the country’s tech startup ecosystem. The organizers” All India Council for Robotics and Automation” will host the Bengaluru chapter of its prestigious India First Tech startup conclave and awards on the 8th and 9th of June 2022. The event will feature several exhibitors, interactive sessions on tech…
Read MoreAgritech startup Nutrifresh raises $5 million in funding from investors
Nutrifresh, an agritech startup, announced on Tuesday that it has raised $5 million (Rs 38.8 crore) in funding for expansion and growth. Hydroponically grown, residue-free, and chemical-free vegetables are the company’s objective. Theodore Cleary, Archer Investments; Sandiip Bhammer, Managing Partner – Green Frontier Capital; Sky Kurtz, CEO & co-founder of Pure Harvest UAE; Mathew Cyriac, Florintree Advisors & ex-managing director of Blackstone India; Soumitra Dutta, Dean Elect – Sad Business School, University of Oxford; Shaishav Dharia, Regional chief executive officer, CEO Lodha Group; Karan Gos. “The funding will be used…
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