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Here’s your scoop of attention-grabbing headlines from around the Indian startup ecosystem.
THERE IS SOMETHING FOR EVERYONE
T-Hub Announces Successful Closure of the Second Batch of Startups for Lab32 Incubation Program
Through the program, startups secured the opportunity to pitch or network with the leading corporates such as Intel, PepsiCo, Walmart, HSBC, UST Global, amongst others
Additionally, selected startups got the opportunity to present their innovative products and solutions to leading investors, such as BASF Venture Capital, SRI Capital, Parampara Capital, and Anthill Ventures including many others
FoF infuses Rs 700 crore in startup cos
Till November, SIDBI has committed `3,123.20 crore to 47 Sebi registered AIFs.
Not Bengaluru, Delhi, this state is home to India’s highest number of startup jobs
Despite being only around a decade old and led by the likes of Zomato, Inmobi, Freshworks, OYO, Paytm, Byju’s etc. India’s startup ecosystem is home to 21 unicorns.
The Indian government is calling for nominations for the National Startup Awards 2020 — here’s how you can apply
The government is hosting the National Startup Awards 2020 for startups, incubators and accelerators.
T-Hub announces closure of second batch of startups for Lab32
Lab32, the six-month incubation program assisted the startups with their go-to-market plans by generating revenue opportunities, building scalable business models, and strengthening their sales and pitch strategies.
'Newer datasets are persuading Indian enterprises, startups to adopt the cloud'
Increasingly small to large enterprises and tech startups have begun turning towards cloud computing resources to stores, process, and eventually perform analytics to better serve their customers. Photo: Reuters
Blume Ventures puts $1.5 million in TapChief
The startup plans to use the funds to expand its network of professionals, enhance its product offering and integrate its technology with existing enterprise people management systems.
3one4 Capital raises ₹445 crore across 2 funds
Mint reported on 6 February that 3one4 is raising a ₹350 crore opportunities fund
T-Hub announces closure of second edition of Lab32
Start-up incubator T-Hub has announced the closure of the second edition of Lab32, with about 40 start-ups completing the six-month incubation programme.
Telangana CoE to create startup incubator
Sharing the plans, Dr Sriram Birudavolu, CEO, Cybersecurity Centre of Excellence (CoE), DSCI told Telangana Today, There are at least 500 sub-domains in the cybersecurity space.
2.85 lakh jobs created in DPIIT recognised startups: Piyush Goyal
As on November 21, 2019, SIDBI has committed Rs 3123.20 crore to 47 SEBI registered Alternative Investment Funds (AIFs). These funds have raised a corpus fund of Rs 25,728 Crore. “Rs 695.94 Crore have been drawn from the Fund of Funds for start-up…
Anthill Ventures, Rana Daggubati launch Urban-i Programme to scale consumer brand startups
A cohort of 5-9 startups working in the areas of personal care, fashion and accessories, food and beverages, health and nutrition, consumer tech, and e-commerce, will be shortlisted for the program.
AI is helping drones kill mosquitoes in Hyderabad – here's a chat with the filmmaker who made it happen
Marut Drones claims to have built India’s first drone to eradicate mosquitoes larvae and water hyacinth on lakes.
Now showing, Real-life startup stories on stage
First Drop Theatre has conceptualised a performance, START UP Stories, which will bring to stage some real-life issues of founders, their families and investors.
Legal-tech startup Lawyered raises $100K from angel investors
Funds raised will be used to support product development
Now in India, US-based startup ELSA uses AI and NLP to help people improve their English
Founded in 2015, US-based English-learning startup ELSA is using its AI and NLP-driven technology platform to instil confidence and help people struggling with the right way of speaking the language.
Silicon Valley's newest startup trend? Shoeless office policies.
Silicon Valley startups are offering no-shoes office policies, allowing employees to spend the workday in house slippers, socks, or barefoot.
RBI raises aggregate exposure limit to Rs 50 lakh on P2P lending platforms
Industry insiders said these were precursors to Thursday’s move. “We requested for a limit of ₹1 crore for investment but… at least RBI considered for an elevation to ₹50 lakh,” Ranjan told ET after the announcement.
Born in India, raised by China: Another Chinese corporate giant jumps in to fund Indian startups
Top unicorns in India right from Paytm, Ola to Swiggy, Zomato, Byju’s, OYO etc. have been backed by Chinese funds and multinationals including the likes of Alibaba, Ant Financial, Tencent, Didi Chuxing, Fosun, China Lodging Group, and more.
Late-stage Indian startups bulk up its boards with independent hands
Oyo, Ola, Freshworks, Flipkart and Paytm are mong leading home-grown tech ventures that have brought in industry veterans to address compliance and governance issues.
Ratan Tata puts startup pitch deck template on Instagram (and other top stories of the day)
In a 16-slide PowerPoint presentation, watermarked Office of Ratan Tata, the businessman has spelled out the most important aspects that should be covered in any pitch by a first-time entrepreneur.
Telangana has well established defence eco-system, says KTR
“We have four dedicated Aerospace Parks here, and 50 general engineering parks in which large number of precision engineering companies work,” the Minister said
India’s largest private life insurer teams up with startups to secure its own future
Large enterprises globally engage with startups in various formats including such programmes, accelerators, incubators, venture capital funds etc to seek access to their talent, ideas, and technology.
Y Combinator bets big on Indian startups
Y Combinator has selected 28 Indian firms for its winter batch, more than twice what it selected for its summer batch
![[2020 Outlook] What will the coming year look like for startups in Bharat?](https://t-hub.co/wp-content/uploads/2019/12/2020-outlook-what-will-the-coming-year-look-like-for-startups-in-bharat_5dedd73d115c7.png)
[2020 Outlook] What will the coming year look like for startups in Bharat?
Apart from increased consumption patterns and growth, 2020 for startups in Bharat will be about focussed growth and mentorships. But will there be an increase in the all-important investments as well?
How this Anand Mahindra-backed startup is empowering the visually impaired
The objective here is to self-teach Braille using audio-guided lessons and interactive content such as games and quizzes.
![[Funding alert] Hyderabad-based Froogal raises $1M from US-based angel investors](https://t-hub.co/wp-content/uploads/2019/12/funding-alert-hyderabad-based-froogal-raises-1m-from-us-based-angel-investors_5dedd60a35ff7.png)
[Funding alert] Hyderabad-based Froogal raises $1M from US-based angel investors
Froogal will use the latest funds to achieve greater geographical expansion, channelise global partnerships, and enrich its product. In addition to this, it is also looking to rapidly expand into Mumbai, Bengaluru, Chennai, and Gurugram markets.
Intel launches design, engineering centre in Hyderabad
Nivruti Rai, country head of Intel India said that Hyderabad has a lot of potential in terms of expansion for the company
India now has 1,500 IoT startups: industry outlook and startup showcase at IoTNext 2019
The fifth annual IoTnext conference in Bengaluru featured startups focusing on agriculture, smart homes, healthcare, factories, and more. Here are some of the founding teams, along with business insights from keynote speakers.
35 startups have chance to stand out among nearly 4 lakh startups in India; here’s how govt is planning
The Department for Promotion of Industry and Internal Trade (DPIIT) has invited applications for its first-ever National Startup Awards.
This Indian startup is offering a ‘sleep internship’ where you can nap for 9 hours and get paid ₹1 lakh
Wakefit.co is offering sleep internships, where it’s asking candidates to nap for 9 hours a day for 100 days.
5 SaaS startups that provide cloud-based solutions to the enterprise
The advent of emerging technologies has further optimized your use to bring in greater convenience and efficiency. There is no doubt that today more & more companies are adopting cloud-based solutions to manage & improve their workflow process. This is ensuring, the business can grow faster & smartly.
Govt gets private tutor to coach fintech startups to make Modi’s digital payments dream come true
National Payments Corporation of India along with Government’s Department of Science and Technology and Hyderabad-based incubator T-Hub has launched an accelerator programme for fintech startups.
24,940 startups recognised as on Nov 21: Piyush Goyal
Of these, 3,443 were in the IT services space followd by 2,063 in healthcare and lifesciences, and 1,766 in education. Among states, 4,729 were in Maharashtra and 3,612 in Andhra Pradesh.
Second cohort of start-ups graduate from Facebook and T-Hub India Innovation Accelerator Program
Facebook and T-Hub, which leads India’s pioneering innovation ecosystem, today concluded the second edition of their India Innovation Accelerator program with a demo day and graduation of the cohort of AI start-ups at the Facebook office in Gurgaon. 10 start-up companies presented their strategies and products to investors and industry and ecosystem players.
T-Hub Launches Fintech Accelerator Program in Partnership with DST and NPCI
DST powers the program, and T-Hub will source the most innovative fintech startups in the digital payment sector for NPCI . NPCI sets up an Innovation Lab at T-Hub. T-Hub will create multiple avenues for the fintech startups to market their solutions and scale with speed
Whatsapp to support Indian startups through ad credits
In order to qualify for the investment, startups must be at an early state or scalable stage and must be recognized by the Department for Promotion of Industry and Internal Trade under the ministry of Commerce.
India continues to be world's 3rd largest startup hub, adds 1,300 startups this year
With this, the total number of startups incepted during 2014-19 stands at 8,900-9,300.
Hyderabad startup gauges car speed, helps police identify traffic violation
The startup that helped the police with this technology is ‘AEye Softlabs’, who are presently being incubated in T-Hub at IIIT.
How startups are hunting in packs to land corporate clients
Bengaluru: An NGO providing mid-day meals to school children across India came to Accenture a couple of years ago with a simple query: how do we feed more children?
NephroPlus gets ₹323-crore funding from Bahrain’s Investcorp
In a ‘big ticket’ investment, NephroPlus, the fast growing dialysis service provider, has got a fresh infusion of about $45 million(₹323 crore) from Investcorp, the Bahrain based, Global alternative asset management company.
India’s malaria crisis has a drone solution
Water-borne diseases appear to be a quintessential problem in the country. A simple solution lies in cleaning large water bodies, which are breeding grounds of mosquitoes. Using AI, IoT and drones, Marut Drones is tackling mosquito menace in a sma…
Syntizen partners UP govt for Aadhaar-based subsidy management system
The solution uses Aadhaar data to verify a person’s identity before he or she can avail a specific government service, or subsidy, thereby eliminating fake or bogus entries.
As the SaaS market heats up, this startup offers a solution for all your CRM needs
Sreenivas Kanumuru and Tony Thomas’s SaaS startup Vtiger’s customer relationship management product is being used by 3,000 SMBs.
For startups, cash is king (again)
Tech startups, which have enjoyed years of easy money and fast growth, are preparing for a potential downturn by doing something that was unpopular in boom times: hoarding cash.
Nine local Unicorns to get Bengaluru Impact Awards
Dy CM CN Ashwath Narayan said the Bengaluru Tech Summit is meant to provide an opportunity for investors, innovators and startups to network with each other.
Govt taps startups but cutting through red tape a key hurdle
One of the biggest challenges is an outmoded defence procurement procedure, which not only takes inordinate time but is also skewed in favour of established firms and imports
Startup Street: India’s Unicorn Founders Are Now Funding Others To Reach The Top
This week on Startup Street, we take a look at the first generation of unicorn founders who are now funding other founders to reach the same heights. A payments solution startup rewards its employe…
Paytm to invest Rs 500 crore in early-stage tech start-ups
Paytm expects to employ technology across the growing internet to become the dominant player in artifical intelligence, it added.
