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    Electric Vehicles This Week: Transport Minister On EVs, Hyundai Kona Commits $200 Mn Investment And More

    Nitin Gadkari said the government will not ban petrol and diesel engines as speculated Uttar Pradesh has the most number of registered EVs in India A report says China now has over a million EV charging stations India's transport minister Nitin Gadkari has assured the automobile industry that the government will not ban petrol and...

    • 2 hrs ago
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    Cloud Data Security Firm Druva Acquires US-based CloudLanes

    CloudLanes is a secondary storage platform built on public clouds The addition of CloudLanes will help Druva to extend the advantages of cloud to more enterprises Druva has recently raised $130 Mn funding led by Viking Global Investors Pune-based cloud data protection firm Druva has formally announced the acquisition of a hybrid cloud data protection and migration company CloudLanes,...

    • 2 hrs ago
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    Aditya Birla Group Opens Application For BizLabs Fintech 2019

    It's the first time the company is focussing solely on B2B fintech The applications will remain open till August 14, 2019 20 startups have collaborated with the group in previous BizLabs editions Aditya Birla Group is inviting applications from Indian fintech startups for the newest edition of Bizlabs Fintech 2019, an accelerator-like platform for Indian startups. BizLabs gives...

    • 3 hrs ago
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    eBay Acquires Stake In Paytm Mall To Expand India Presence

    The US company has acquired approximately 5.5% of the shares in Paytm Mall eBay had relaunched its operation in India in January The company had earlier entered into similar partnerships with Snapdeal and Flipkart US-based ecommerce company eBay has announced a strategic partnership with Paytm Mall along with acquiring a 5.5% stake in the Indian ecommerce marketplace. Through this...

    • 3 hrs ago
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    Premium Tea Seller Teabox Eyes Offline And Global Expansion With Fresh Funding

    Dubai-based NB Ventures, the family office of Neelesh Bhatnagar has invested in the round Existing investors such as Accel also participated in the round The company claims to have been growing 100% Y-o-Y Bengaluru-based online premium tea brand Teabox has raised an undisclosed amount of funding. Teabox founder Kausshal Dugarr told Inc42 that Dubai-based NB...

    • 8 hrs ago
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    Blockchain This Week: YES Bank Deploys Blockchain For CPs, Tamil Nadu's Multi-million Project And More

    US Congress Committee has approved the Blockchain Promotion Act 2019 Tamil Nadu considering to deploy blockchain for its egovernance services YES Bank has facilitated the issuance of commercial paper using blockchain Slowly but steadily, blockchain has been witnessing a wide adoption into diversified industrial applications as well as...

    • 14 hrs ago
  • News

    UK And India Collaboration: Go Global Programme, Designed in the UK-Made in India And More

    The UK has been India's largest investor among the G20 The countries have now launched Go Global programme India tech for good startups will have the chance to take part in the new programme Image Credit: Hindustan Times "The UK-India tech partnership is ground-breaking, ambitious work" Matthew Hancock, British Secretary of State For...

    • 17 hrs ago
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    Here Are The 10 Shortlisted AI Startups By Facebook, T-Hub

    The programme aims to support startups focused on finding solutions for social challenges The programme received over 140 applications The selected startups include Signzy, Ftcash etc In collaboration with Facebook, Hyderabad state-backed T-Hub has shortlisted 10 artificial intelligence startups for the second edition of their India Innovation Accelerator programme. The programme aims to...

    • 18 hrs ago
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    India Will Not Ban Petrol And Diesel Engines, Assures Nitin Gadkari

    He said, the govt is aware of the auto sector's role in the country's exports and employment Earlier in May, NITI Aayog has proposed a ban on all ICE three-wheelers by March 2023 Gadkari had also expressed concern on the proposal in June Image Courtesy: DNA India In the Lok Sabha session held yesterday, India transport minister Nitin Gadkari assured the automobile...

    • 19 hrs ago
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    Ebix Signs Definitive Agreement To Acquire Yatra Via Merger

    The transaction implies an enterprise value of $337.8 Mn Yatra will become part of EbixCash travel portfolio On March 11, Ebix had offered an acquisition deal worth for $336 Mn Signalling the culmination of the long-drawn merger process, US-based software company Ebix and Gurugram-based travel and ticket booking platform, Yatra Online have signed a definitive agreement for a merger. For...

    • 19 hrs ago

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