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IITs blacklist 7 startups from campus recruitment; Flipkart escapes ban

Saturday, June 4, 2016 | More »

The All-IITs Placement Committee (AIPC), the body that represents the placement cell heads across IITs, has decided to blacklist seven startups that withdrew job offers to students this year. Flipkart, that initially delayed the appointments, offered an alternative option to place the recruits as in...


Haves and have-nots for venture capital funding in India

Ask any venture capitalist what’s he/she looking in a potential investee and out springs a bundle of clichéd tick marks. If I skip the order, one permanent fixture is ‘team’ behind the startup. This is reasonable. After all the success of the investment would not depend so much on the present...

7 January, 2013 | More »

Start-up Floated By IIT(M) Alumnus LeadFormix Acquired For $9M

Callidus Software Inc, which deals in sales effectiveness and cloud computing, has acquired marketing automation software company, LeadFormix for $9 million in cash. A four-year old start-up, LeadFormix was founded by US-based entrepreneur of Indian origin, Srihari Kumar. The IIT Madras alumnus who ...

5 January, 2012 | More »

Shopping Discovery App Maker Zoomingo Secures $1.3M Funding

Shopping discovery application firm, Zoomingo Inc that launched operations last month, has secured $1.3 million from two early-stage venture capital firms — Naya Ventures and Benaroya Capital – besides several prominent angel investors, the company said in a statement today. The proceeds of ...

14 November, 2011 | More »

IIT Bombay Develops ‘Mobile Social Networking Platform’

Engineering institute IIT Bombay in association with telecom firm Tata Teleservices has developed a new mobile social networking platform(MSNP) that will help service providers to develop personalised applications and send messages to users in the network based on their preferences such as demograph...

1 September, 2011 | More »

BSNL Launches Digital Mandi

State-owned telecom firm Bharat Sanchar Nigam Ltd (BSNL) has introduced a new mobile application, ‘Digital Mandi’ targeting agri business sector. Developed alongwith IIT Kanpur, Digital Mandi provides latest information to farmers about the local market rates of different crops and will also ass...

30 August, 2011 | More »