VCC Startups
TMT
Microsoft acquires flash storage firm Avere Systems
In an effort to bolster its hybrid cloud strategy, Microsoft Corporation has acquired flash storage company Avere Systems for an ......
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Volkswagen, Hyundai partner with former Google, Tesla execs for driverless cars
Three former employees from Google, Tesla and Uber have come together to create a startup, Aurora, which has partnered with ......
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This Ratan Tata-backed startup is giving cannabis a good name
It's not uncommon for college students to discover cannabis on a foreign trip, but it's not everyday that the encounter ......
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What does the future hold for Bitcoin and blockchain?
The first wave of the Internet era was all about connecting people. We had e-mail, followed by social media, e-retail, ......
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VCC Startups Weekly Wrap: A mega desi fund in works; Mahesh Murthy under scanner
Infosys co-founder and Axilor Ventures head Kris Gopalakrishnan is at the forefront of a new initiative to bring together wealthy ......
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Wadhwani Foundation floats accelerator programme
National Entrepreneurship Network (NEN), an initiative of Wadhwani Foundation, has launched an accelerator programme for growth-stage startups. The three-month programme, ......
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Kae Capital-backed B2B e-commerce portal Wotu raises fresh funds
WOTU, which operates a business-to-business e-commerce portal for food and beverages, has raised an undisclosed amount in a pre-Series A ......
People
Zoomcar promotes finance controller Tarun Jain to CFO
Self-drive car rental company Zoomcar has promoted its finance controller Tarun Jain to the post of chief financial officer (CFO), ......
Finance
Ebix to buy money transfer firm Transcorp in seventh India deal
US-based software firm Ebix Inc., which owns payments firm ItzCash, has agreed to acquire money transfer firm Transcorp International Ltd ......
TMT
Amazon's Alexa can now tell microwaves how to cook
Amazon's Alexa will soon start controlling microwaves, smart ovens and refrigerators after the Jeff Bezos-led company said on Friday that ......