Massive

It’s official: Ola-owned Foodpanda acquires Holachef

Vijayakumar Pitchiah

Foodpanda India, the online food delivery firm owned by cab hailing company Ola, has acquired shuttered food-tech startup Holachef ....

16 October, 2018

Explainer: How does the RBI’s data localisation directive impact payments firms?

Payal Ganguly

The Reserve Bank of India’s refusal to extend the deadline for localisation of payments data in India has left global companies ....

16 October, 2018
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Farm-to-fork marketplace FarmersFZ raises seed funding

Dearton Thomas Hector

Online marketplace FarmersFZ (Fresh Zone), where growers sell vegetables, fruit and others directly to customers in Kochi, has ....

16 October, 2018

MIT commits $1 bn for AI college; Blackstone co-founder gifts $350 mn

Anirban Ghoshal

The Massachusetts Institute of Technology (MIT) will commit $1 billion to start a college for artificial intelligence (AI), the ....

16 October, 2018

Exclusive: Japan's istyle picks up stake in women-focussed content startup Incnut

Kavya Kothiyal

Tokyo-headquartered consumer internet company istyle Inc has picked up an undisclosed minority stake in Incnut Digital Pvt. Ltd, ....

16 October, 2018

AI startup Worxogo raises $2.2 mn in Series A investment round

Dearton Thomas Hector

Bengaluru-based artificial intelligence startup Worxogo Solutions Pvt. Ltd has raised Rs 16.5 crore (around $2.2 million at current ....

16 October, 2018
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Internet and Mobile Association forms blockchain panel to aid skill development

Shweta Sharma

The Internet and Mobile Association of India (IAMAI) on Monday announced the formation of a blockchain committee that will, among ....

16 October, 2018

Microsoft co-founder Paul Allen, who helped fuel PC revolution, passes away

Reuters

Microsoft Corp co-founder Paul Allen, the man who persuaded school-friend Bill Gates to drop out of Harvard to start ....

16 October, 2018

Hyperlocal delivery startup DailyNinja acquires WakeupBasket

Kavya Kothiyal

Hyperlocal delivery startup DailyNinja has acquired Hyderabad-based WakeupBasket in a cash-and-equity deal, a company statement ....

16 October, 2018

Exclusive: Used cars marketplace Truebil raises additional capital

Vijayakumar Pitchiah

Mumbai-based Truebil, an online marketplace for pre-owned cars, has raised additional capital of close to $2 million (Rs 14.74 ....

16 October, 2018
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BlackBuck CEO on passing over e-commerce and using tech to change the trucking industry

Vijayakumar Pitchiah

BlackBuck, the technology-enabled logistics platform owned by Bengaluru-based Zinka Logistics Solutions Pvt. Ltd, thinks that ....

16 October, 2018

Hewlett Packard signs up two co-operative banks for its data storage platform

Anand J

IT solutions firm Hewlett Packard Enterprise (HPE) on Monday announced that it had migrated two co-operative banks - one each ....

15 October, 2018

Steel marketplace Virtual Metalstreet raises angel funding

Kavya Kothiyal

Bengaluru-based steel marketplace Virtual Metalstreet Pvt. Ltd said in a statement on Monday it has raised $700,000 (Rs 5 crore) ....

15 October, 2018