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Fin-tech leads the way as service-enabling startups dominate in 2016

Service-enabling tech startups ruled the roost in 2016 with fin-tech, health-tech and ed-tech companies garnering the highest share of investments. Financial-technology startups led investments in early-stage ventures this year with 51 deals, according to a report from VCCEdge, the data research pla...

23 December, 2016 | More »

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Legal-tech startup MyAdvo raises funding from LetsVenture

MyAdvo, a platform that helps clients connect with lawyers for legal help, has raised an undisclosed amount of angel funding led by Pradyumna Dalmia, co-founder of Calcutta Angels Network, and a few other investors through LetsVenture, a funding platform. “Technology is yet to enter the legal serv...

23 December, 2016 | More »

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Infrastructure, steel segments are poised to gain momentum, say ministers

In a conversation, minister of road transport, highways and shipping Nitin Gadkari, steel minister Chaudhary Birender Singh and railways minister Suresh Prabhu talk about the problems faced by roads, highways, shipping, railways and steel sectors in India, and possible solutions. The discussion was ...

19 December, 2016 | More »

The government is focused on improving transportation infrastructure: Nitin Gadkari

The government is focused on improving the country’s transportation architecture, union minister of road transport, highways and shipping Nitin Gadkari has said. Rs 2.18 trillion has been earmarked for roads and railways in financial year 2016-17. The Union Budget for 2016-17 puts the total invest...

19 December, 2016 | More »

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Drone startup ideaForge gets funding from Infosys

Infosys Ltd, India’s second-largest software services exporter, said on Wednesday it has invested in homegrown drone maker ideaForge Technology Pvt Ltd. The investment was made from the Innovation Fund, the IT company said in a stock-exchange filing. Infosys said that ideaForge has built Unmanned ...

14 December, 2016 | More »

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Facebook’s India revenue shoots up 43%

Social media giant Facebook Inc has posted a 43% rise in its revenues from India for the financial year ended 31 March 2016, on the back of high advertising revenues.Varun Arora reports....

29 November, 2016 | More »

Facebook tests Express WiFi in India

Facebook tests Express WiFi in India

Social media giant Facebook is testing a new way of offering public Wi-Fi access in rural parts of India. This comes months after the company received flak for its Free Basics scheme that allegedly violated principles of net neutrality....

28 November, 2016 | More »

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Paytm discontinues PoS a day after launch

Just a day after the launch of its mobile point-of-sale (PoS) feature, Paytm stated on its blog that it is discontinuing the feature due to security concerns. Paytm had launched the feature on Wednesday to let merchants accept payments through credit or debit cards via the app, without the need for ...

25 November, 2016 | More »

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Startup industry welcomes SEBI’s move to relax rules for angel investments

All stakeholders of the startup ecosystem – entrepreneurs, investor and even lawyers – are welcoming the Securities and Exchange Board of India’s decision to relax rules for angel investments in startups. On Wednesday, SEBI eased rules for angel investments in young, fledgling firms and in...

24 November, 2016 | More »

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Can Indian businesses carve a digital roadmap for themselves?

“Every company of any substance has to be digitised, no digitisation, no long term life,” Ram Charan, coach, speaker and author told TechCircle.in at a recent interaction. He shares his views on why companies need to redesign their business to better connect people and numbers to build better pr...

8 November, 2016 | More »