Debroop Roy

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Entrepreneur Staff
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AngelList India's Utsav Somani Launches Micro Fund To Back 30 Early Stage Start-Ups

Named iSeed, the fund is anchored by the famed Naval Ravikant, founder of US-based AngelList. The fund's backers have started or invested in 24 unicorns worth over $200 billion.

[Funding Alert] Israel's Cyberbit Raises $70 Million From Charlesbank

The company said it plans to use the fresh funds to accelerate development of its cyber range product as well as to build its global sales and marketing teams.

[Funding Alert] LetsTransport Raises INR 13 Crore From InnoVen Capital

The company has operations across sectors including organized retail, fast moving consumer goods and e-commerce, and counts the likes of Amazon, Flipkart, Coca-Cola and Delhivery among its clients.

Sales Dip, But Average Order Size Up For Rebel Foods; Expansion Plans On Hold

The cloud kitchens operator, which runs popular brands such as Faasos, Ovenstory and Behrouz, said it was not laying off any employees and would take this time to focus on "spring cleaning".

Coronavirus: Majority Support Lockdown Relaxations With Social Distancing Norms

According to a survey by LocalCircles, 81 per cent respondents supported lockdown relaxations with social distancing norms at offices, shops, and other places after May 17 in red zone districts, except the ones which have a high virus load.

PM Narendra Modi Announces INR 20 Lakh Crore Package, Stresses On Self Reliance

There will be a fourth phase of lockdown starting May 18, which will be done in consultation with respective state governments.

[Funding Alert] Logistics Aggregator Shiprocket Raises $13 Mln In Series C Round

Apart from being used to fuel the company's product development by hiring top talent across data science and engineering domains, the fresh funds will also be utilized for new initiatives including international expansion.

Video Conferencing App Zoom Tops Download Charts In April

As per a report released by app insights tracker Sensor Tower, the Zoom app saw close to 131 million installs worldwide in April 2020, a staggering 60 per cent growth compared to the same period a year earlier.

Fewer Meetings Would Result In Better Productivity, Say Developers

According to a survey by HackerEarth, 70 per cent of developers said that fewer meetings would help them achieve 100 per cent productivity at work.

Coronavirus: Watershed Moment For Digital Healthcare Or Temporary Gain?

As an extended lockdown due to the Coronavirus outbreak keeps people from resuming regular activity, and the country's healthcare system faces an unprecedented crisis, digital healthcare is fast becoming an option for many.

[Funding Alert] Voice AI Start-Up Vernacular.ai Raises $5.1 Mln In Series A Round

The fresh funds will be used for the company's global expansion into Southeast Asia and the United States, as well as for research and development to further enhance its platform.

[Funding Alert] Paytm, Others Back Sports Community Platform Rooter In $1.7 Mln Round

The fresh funds will be used to grow the company's user base over the next year and further capitalize on its upcoming e-sports and gaming content.

Traders' Body Launches National E-Commerce Portal

Named 'Bharatemarket', it would be in collaboration with several technology partners and with initial handholding of the Department of Industry and Internal Trade.

Coronavirus: With New Initiative, Ninjacart Helps Farmers Sell Directly To Consumers

It would be in partnership with local grocery stores and made available via delivery platforms including Zomato, Swiggy and Dunzo in Bengaluru, Mumbai, Delhi-NCR, Ahmedabad, Chennai and Pune.

Coronavirus and Beyond: Rise of Technology in Education

In the first virtual conference on Edtech by the Indian Education Congress, several stakeholders from within the industry came together to discuss and dissect the finer nuances of what the crisis has changed for both enterprises and consumers, and why things would never be the same again.