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mfine Raises INR 31 crore in Venture Debt from Alteria Capital

mfine

The healthtech AI startup is set to expand hospital network toDelhi NCR, Kolkata, Mumbai, Chennai in the next 6 months Plans afoot to onboard over 2500 doctors from 250 hospitals and reach 150,000 consultations per month in the next one year mfine, a health-tech AI startup that enables virtual medical consultations has raised INR 31 crore in total, as venture debt from Alteria Capital, India’s …

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Rs 4 crores raised by GroMo, a Fintech Start-up

gromo

A Fintech start-up founded by three IIT Delhi graduates has raised Rs 4 crore as its seed funding from the Livespace co-founder Ramakant Sharma and Utsav Somani of AngeListIndia besides other investors. Arpit Khandelwal, the founder of DezignUp, Ankit Khandelwal and Darpan Khurana both of whom have worked in Snapdeal are the three names behind the launch of this start-up. …

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Telangana to invest in blockchain start-ups

Telangana

A blockchain policy has been drafted and released by The Telangana Government. The government has also stated that this policy is supposed to be finalised and implemented in a month. This implementation would make Telangana the first state in the country to have its own blockchain policy. This policy aims at making Hyderabad one of the top 10 ‘Blockchain cities …

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DeepQuanty Artificial Intelligence Labs announces the launch of its first product “SnapChek

DeepQuanty

An Automatic Cheque Processing Engine Delivers above 90% extraction accuracy on any handwritten field such as date, name, the amount in words and amount in figures 100% extraction accuracy in printed fields such as account number, MICR, and IFSC Code. Significantly reduces time & error in cheque clearing operations DeepQuanty Artificial Intelligence Labs is proud to announce the launch of …

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Homegrown Smart Wearables startup KaHa raises US$6.2M in Series B funding, expects to further scale its presence in Asia

Pawan-Gandhi

KaHa, a Singapore-based end-to-end IoT platform startup for smart wearables, has raised US$6.2 million in Series B funding to accelerate its growth in Asia. The funding round was led by ICT Fund, a specialized deep-tech venture capital fund and an existing strategic investor from Europe. The funds raised in this round will enable the company to boost its research and …

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CBRE COLLABORATES WITH NASSCOM TO ANNOUNCE INDIA’S BIGGEST PROPTECH CHALLENGE “DISRUPTECH”

nasscom-cbre

The challenge is designed to identify, mentor and develop the best-in-line RE Technologies for India & entry into NASSCOM’s 10K start-up ecosystem Participation open from 2nd May 2019 CBRE South Asia Pvt. Ltd., India’s leading real estate consulting firm, today announced the ‘BIGGEST PROPTECH CHALLENGE’ in collaboration with the National Association of Software and Services Companies (NASSCOM). The NASSCOM-CBRE ‘PROPTECH CHALLENGE’ aims to identify budding start-ups working towards innovating …

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Planys unveils next generation ROV Mikros

Planys Technologies, launched its most advanced remotely operated vehicle (ROV) Mikros. The new product is poised to offer superior underwater inspection solutions to process industries, petrochemical refineries and desalination plants.  Supported under Bharat Petroleum Corporation Ltd’s (BPCL) start up scheme Project Ankur, Planys developed Mikros with BPCL team’s support and several field learnings. ROV Mikros was launched by BPCL’s Director …

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Venture Catalysts expands to UK, aims 500+ investors by 2020

venture-catalyst

Wants to make a grand impact in Europe’s most promising start-up ecosystem, aims to develop a 500+strong investor network and INR 400 crore worth of corpus to offer during funding rounds Venture Catalysts (VCats), India’s first integrated incubator, recently announced its plans to expand in the epicenter of start-up activity in Europe, the UK. After registering its presence as the …

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Swiggy Makes its First Technology-led Acqui-hire with Kint.io

swiggy

Swiggy, India’s largest food ordering and delivery platform today announced that it has acqui-hired Kint.io, a Bangalore-based AI start-up. Founded in 2014, Kint.io applies deep learning and computer vision to object recognition in video. Swiggy has been at the forefront of working with industry-changing technologies in the areas of AI, machine learning, big data systems, highly scalable low-latency systems and mobile. Last year, …

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FITPASS submits proposal to the finance ministry for inclusion of expenses towards fitness services under Section 80D benefits

Akshay-Verma,-Co-Founder,-FITPASS

FITPASS (https://fitpass.co.in/), India’s #1 smart fitness solutions startup has submitted a proposal to the Ministry of Finance to include expenses on fitness services in the tax benefits issued under Section 80D. This covers memberships to gyms, fitness studios, yoga centres, sports academies or fitness programmes. This is further to the invitation extended by the hon’ble finance minister to the venture’s …

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