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Future Group acquires Snapdeal's logistics arm Vulcan Express for $5.5 mn

Infrastructure

27 January, 2018

Future Group acquires Snapdeal's logistics arm Vulcan Express for $5.5 mn

Jasper Infotech Pvt. Ltd, which owns domestic e-commerce company Snapdeal, has formed an agreement with Future Group's supply chain solutions ......

Ratan Tata's RNT Capital backs Axio Biosolutions

Healthcare

26 January, 2018

Ratan Tata's RNT Capital backs Axio Biosolutions

Bengaluru-based Axio Biosolutions Pvt. Ltd, which makes a sponge-like bandage that helps blood clot instantly when pressed against cuts or ......

Snapdeal posts steep fall in FY17 revenue

TMT

25 January, 2018

Snapdeal posts steep fall in FY17 revenue

Jasper Infotech Pvt. Ltd, which runs online marketplace Snapdeal, reported a 26% drop in consolidated revenue for the financial year ......

Samsung struggles to fend off twin attacks from Xiaomi and Jio

TMT

25 January, 2018

Samsung struggles to fend off twin attacks from Xiaomi and Jio

South Korean electronics giant Samsung is facing twin challenges in India’s mobile handset market. Samsung has lost its crown as ......

SoftBank-backed True Balance to get fresh fund infusion

TMT

25 January, 2018

SoftBank-backed True Balance to get fresh fund infusion

Gurgaon-based Balancehero India Pvt. Ltd is set to receive fresh capital infusion, as the operator of a mobile balance-checking app ......

Why Hotify pivoted from news curation to AI solutions

TMT

25 January, 2018

Why Hotify pivoted from news curation to AI solutions

Bengaluru-based Hotify Technologies Pvt Ltd, which used to operate an artificial intelligence-based news curation app, has shifted its business to ......

Rent management startup Paymatrix raises money from IIIT-H Seed Fund

TMT

25 January, 2018

Rent management startup Paymatrix raises money from IIIT-H Seed Fund

Hyderabad-headquarted Paymatrix, an end-to-end digital rent management platform, said in a statement that it has raised Rs 25 lakh ($4,000) ......

Pravega Ventures backs ed-tech startup GreyAtom

TMT

25 January, 2018

Pravega Ventures backs ed-tech startup GreyAtom

Ed-tech startup GreyAtom, which is run by Mumbai-based GreyAtom Edutech Pvt. Ltd, has raised $1 million (Rs 6.4 crore) led ......

Is AI good for humanity? Alibaba's Ma, Google's Pichai differ at Davos

TMT

25 January, 2018

Is AI good for humanity? Alibaba's Ma, Google's Pichai differ at Davos

The growing influence of machine learning and artificial intelligence (AI) drew mixed reactions from the bosses of tech giants at ......

Global spending on blockchain solutions to reach $2.1 bn in 2018: IDC report

TMT

25 January, 2018

Global spending on blockchain solutions to reach $2.1 bn in 2018: IDC report

Global spending on blockchain solutions is expected to reach $2.1 billion (Rs 13,350 crore) in 2018, more than double of ......