Southeast Asia’s online budget hotel booking chain RedDoorz has raised pre-Series B funding of $11 million. The fundraise comes in as an additional investment from earlier investors Asia Investment Fund of Susquehanna International Group, International Finance Corporation (private investment arm of World Bank Group), InnoVen Capital, Jungle Ventures, as well as new investors DeepSky Capital,…
Started by IIT Kharagpur graduates, agricultural inputs startup Gramophone has raised $1 million in pre-Series A funding. The startup works with farmers, providing them with agronomy services and the right inputs during the entire cropping cycle. Delhi-based agritech startup Gramophone has raised pre-Series A funding of $1million from InfoEdge. This is the company’s second round…
Months after the six-seater aircraft built by Thrust Aircraft Pvt Ltd was cleared to fly by the Directorate General of Civil Aviation (DGCA), the Maharashtra government inked a Memorandum of Understanding (MoU) with the company promoted by Amol Yadav to set up an indigenous factory for smaller aircraft, and develop Palghar as an aviation hub.…
Rongali Start Up and Entrepreneurship Conclave, a daylong conclave aimed at creating an ecosystem for entrepreneurship and start up in the northeast India, is being organised at Hotel Radisson Blu on the 22nd of February. An initiative of Rongali, the conclave is the brainchild of Shyamkanu Mahanta, who himself left a job to start his…
President of a Canada’s Seneca College, David Agnew on Sunday said, there is an “urgent need of quality training” in skill development and entrepreneurship. “There is an urgent need of quality training in skill development and entrepreneurship to meet the development goals of the country, and Canadian institutions are partnering with India’s premier institutions to…
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Those reports from the summer that Volvo’s parent company had snapped up flying car startup Terrafugia? They were true. Geely has officially completed its acquisition of Terrafugia, turning it into a fully-owned subsidiary of the Chinese automotive giant. Terrafugia will remain based in the US and will continue working on flying cars, but it will…
Personal finance management startup Fisdom has raised its second round of institutional funding of Rs 25 crore led by Quona Capital. Venture capital fund Saama Capital, which led the first round of Rs 7 crore last October, also participated in this round. Fisdom is a platform that allows users to make financial and investment decisions…
Google has signed a $1.1 billion dollar cooperation agreement with HTC, the technology company said in a statement on Thursday, after trading of HTC shares were halted on Taiwan’s stock exchange before the announcement. The move, first rumored earlier this month and then re-emerged this week , is the search giant’s latest attempt to juice…
UK-based SILK Ventures has raised a $500m fund to invest in tech companies in Europe and the US. The fund will provide investment to firms from Series A upwards in all tech verticals, but will have a key focus on those specialising in deep tech (AI, Robotics, Internet of Things) FinTech, deep science and HealthTech.…