Indian scientists develop ‘electronic skin’ run on solar power

Indian scientists develop ‘electronic skin’ run on solar power

Prosthetic hand covered with ‘electronic skin’ is developed by scientists from University of Glasgow’s School of Engineering A team of Indian scientists have developed a robotic hand wrapped in ‘electronic skin’ whose responsiveness to touch is much similar to the normal human hand. The electronic skin is made of graphene-carbon which is known for its atom-like thickness and runs on solar power. The robotic hand is super-sensitive and is as strong as steel. The hand can…

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Indian homestay network “Stayzilla” halts its operation, plans to reboot it with a different business model

Indian homestay network “Stayzilla” halts its operation, plans to reboot it with a different business model

Stayzilla is the largest platform for verified homestays and alternate stays Bengaluru – Feb 24, 2017. RedNewswire/- Bengaluru-based home stay aggregators stayzilla ,which is backed by matrix and nexus ventures has suspended its operations and is looking to reboot with a different business model. Yogendra Vasupal,cofounder, Stayzilla announced his decision via blog on the stayzilla website. “This has been one of the toughest decisions that I have taken so far but it is the right…

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Get My Parking raises $1.1 mn in Pre-series A funding round from IAN,TCA & others

Get My Parking raises $1.1 mn in Pre-series A funding round from IAN,TCA & others

Get My Parking makes driving easier by aggregating parking information in real time Bengaluru – Feb 23, 2017. RedNewswire/- Delhi-based Get My Parking has raised $1.1 million in a pre-Series A round from Indian Angel Network (IAN), The Chennai Angels (TCA), BEENEXT and Hero group’s Sunil Munjal.  The company is an 18 months old startup providing cloud-based mobile parking technology. It was founded in 2015 by IIT Madras alumni Chirag Jain and Rasik Pansare, alumni of…

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Bharti Airtel Ltd is to acquire Telenor India

Bharti Airtel Ltd is to acquire Telenor India

Bharti Airtel enters in definite agreement with Telenor South Asia Investments to buy Telenor India Bengaluru – Feb 23, 2017. RedNewswire/- India’s largest telco Bharti Airtel Ltd said it has entered a definitive agreement with Telenor South Asia Investments Pte Ltd to acquire Telenor Communications Pvt. Ltd (Telenor India). The acquisition is subject to requisite regulatory approvals. The financial terms of the deal remains undisclosed. This announcement comes close on the heels of the on-going…

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1Crowd platform has raised an undisclosed amount of funding from Ganesh Natarajan

1Crowd platform has raised an undisclosed amount of funding from Ganesh Natarajan

1Crowd is an equity crowd funding platform Bengaluru – Feb 10, 2017. RedNewswire/- 1Crowd is an equity crowd funding platform connecting investors with Indian start-ups and early stage ventures. Ganesh Natarajan, chairman of 5F World had invested in Zeve Capsol, the company that operates the 1Crowd platform in his personal capacity. As part of the deal, Natarajan will join the board of Zeve Capsol, which is working to create an ecosystem for startups and investors. The company was founded in…

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Voonik raises $6M in Series B funding from RB Investments and Sequoia Capital

Voonik raises $6M in Series B funding from RB Investments and Sequoia Capital

Voonik is a personal-stylist led online marketplace for fashion Bengaluru – Feb 09, 2017. RedNewswire/- Voonik is an online fashion marketplace providing a personal shopping platform that helps people dress well and within their budget, by offering style advice and hand-selected recommendations, based on the customer’s style preferences and body type. Shoppers can set their skin tone, body type and preferences into the platform and receive recommendations. It has raised $6 million from Singapore-based RB Investments…

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Wooplr raises $8 mn in series B funding from Sistema Asia Fund and two others

Wooplr raises $8 mn in series B funding from Sistema Asia Fund and two others

Wooplr is a social fashion discovery and commerce platform Bengaluru – Feb 09, 2017. RedNewswire/- Wooplr has raised $8 million in series B funding round led by Sistema Asia Fund, with participation from Amereus Group and existing investor Helion Ventures. Sistema Asia Fund, the proprietary fund floated by Russian conglomerate Sistema JSFC has made its first investment in social commerce platform Wooplr. Wooplr will use the funds for product development and technology. Wooplr is a…

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Bangalore based Nubesol creates a WhatsApp like app for tech-savvy farmers

Bangalore based Nubesol creates a WhatsApp like app for tech-savvy farmers

Nubesol technologies has created a WhatsApp-like messaging app through which farmers can chat with eminent agricultural scientists, and discuss the factors contributing to the poor yield. Before the start of the next crop planting season, third generation farmer Krishna Balegayi – who has been farming for 25 years – is sure to take the help of an Android app to better his yield. Bangalore-based startup Nubesol technologies has created a WhatsApp-like messaging app through which…

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Energy-data start-up Zenatix raises Rs. 8 crore in pre-series A round from pi Ventures

Energy-data start-up Zenatix raises Rs. 8 crore in pre-series A round from pi Ventures

Zenatix Solutions Pvt. Ltd is a data-driven energy efficiency startup Bengaluru – Feb 08, 2017. RedNewswire/- Gurgaon-based energy-data start-up, Zenatix Solutions Pvt. Ltd has raised Rs 8 crore in pre-series A round of funding led by pi Ventures. The existing investor Blume Ventures also participated in the round. The company was founded in 2014 by Rahul Bhalla, Vishal Bansal and Amarjeet Singh. The funds raised will be used for recruitment and expanding business in South-east Asian markets. Earlier, the…

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Fin-tech startup “Capital Float” raises $2.5 Mn From IFMR Capital

Fin-tech startup “Capital Float” raises $2.5 Mn From IFMR Capital

Capital Float is a finance technology startup which helps SMEs secure capital online Bengaluru – Feb 06, 2017. RedNewswire/- Bengaluru-based online credit platform Capital Float has raised $2.5 Mn from IFMR Capital Finance and its alternative investment fund. The company has raised funds by allotting non-convertible debentures (NCDs). NCDs are basically loan-linked bonds but cannot be converted into stocks. They, however, offer a higher rate of interest than convertible debentures. The fresh funding will be used to lend…

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Paytm Payments Bank gets $32.4m fresh investments from Paytm founder and two others

Paytm Payments Bank gets $32.4m fresh investments from Paytm founder and two others

Paytm Payments Bank gets $32.4m fresh investments Bengaluru – Feb 04, 2017. RedNewswire/- Paytm Payments Bank has received fresh investments of $32.4M from its promoter and founder Vijay Shekhar Sharma besides two other entities – One97 Communications Ltd and One97 Communications India Ltd. Paytm Payments Bank got a final approval from the Reserve Bank of India last month to run and operate payments bank in the country.   Vijay Shekhar Sharma, the promoter and founder of Paytm hold…

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C-CAMP raises $1.4M seed funding from NITI Aayog

C-CAMP raises $1.4M seed funding from NITI Aayog

C-CAMP is a Dept of Biotechnology initiative with mandate to foster high-end research and innovation Bengaluru – Feb 04, 2017. RedNewswire/-    The Centre for Cellular and Molecular Platform [C-CAMP] is a life science/healthcare technology and innovation hub. It  has been selected for ‘scale-up support’ under the NITI Aayog’s Atal Innovation Mission (AIM). The scheme aims to upgrade established incubation centres to world-class standards. NITI Aayog, the government’s policy think-tank, received 232 applications last year for…

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On-demand cleaning service provider “MyDidi” acquires TimeMyTask in an all-stock deal

On-demand cleaning service provider “MyDidi” acquires TimeMyTask in an all-stock deal

MyDidi acquires TimeMyTask, valuing merged entity at $15 million Bengaluru – Jan 30, 2017. RedNewswire/- Mumbai-based on-demand cleaning services provider MyDidi has acquired peer TimeMyTask in an all-stock deal. MyDidi will absorb all the employees and the technology stack of TimeMyTask through this deal. The deal values the merged entity at around $10-15 million. This is MyDidi’s first acquisition since it set up shop in June 2015. The merged entity will operate under the brand name…

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HDFC Bank has developed a humanoid to assist its customers

HDFC Bank has developed a humanoid to assist its customers

HDFC Bank has developed a  interactive humanoid IRA (Intelligent Robotic Assistant) in partnership with Asimov Robotics Bengaluru – Jan 28, 2016. RedNewswire/- HDFC Bank bring in humanoid in partnership with a startup Asimov Robotics based up in Kochi. The humanoid has been deployed at their Kamla Mills branch in Mumbai which will guide customers to the various counters like cash deposit, foreign exchange & loan among others. The IRA communication language will be English as of now….

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Logistics service provider VDeliver raises undisclosed Series A funding from KLCP Holdings

Logistics service provider VDeliver raises undisclosed Series A funding from KLCP Holdings

VDeliver provides hyperlocal logistics services in Hyderabad Bengaluru – Jan 24, 2016. RedNewswire/- VDeliver is a Hyderabad-based hyper-local logistics enterprise. It has raised an undisclosed amount in series A funding round from KLCP Holdings and Australia-based Boss Consulting. The company was founded in 2011 by Srinivas Madhavam.  It provides users with food delivery from the listed restaurant partners of the company, office supplies delivery, medicines, gifts, groceries and document delivery services. It provides last mile delivery, cash on delivery, pickup…

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