Vaccine manufacturers to ramp up production of COVID-19 vaccines ahead of Phase III drive from May 1

India’s COVID-19 situation is worsening every day. According to reports, the country has about 15.6 million cases as of now recording an average daily surge of over two to three…

Continue ReadingVaccine manufacturers to ramp up production of COVID-19 vaccines ahead of Phase III drive from May 1

[Funding alert] Conversational AI platform ORAI raises Rs 3.6 Cr from Inflection Point Ventures

Enterprise conversational AI platform ORAI has raised Rs 3.6 crore in a Pre-Series A round of funding from Inflection Point Ventures (IPV), an angel investment network, marking ORAI as its…

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[Funding alert] Raintree Family Office, ADB arm, others invest $4.9M in Smart Joules

Energy efficiency company Smart Joules has raised $4.9 million (about Rs 36.75 crore) in funding from a clutch of investors, including Raintree Family Office.Other investors who participated in the round…

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[Funding alert] Hero Electronix’s portfolio company Tessolve raises $40 M from Novo Tellus Capital Partners

Tessolve, a Hero Electronix venture, on Thursday announced that it has raised $40 million from Singapore-based Novo Tellus Capital Partners, valuing the engineering and R&D services provider at $100 million.According…

Continue Reading[Funding alert] Hero Electronix’s portfolio company Tessolve raises $40 M from Novo Tellus Capital Partners

Bigbasket says seeing longer delivery time in some cities due to high demand, movement restrictions

Online grocery ordering platform Bigbasket on Wednesday said it is witnessing extended timelines for deliveries in some cities due to "unexpectedly" high demand and movement restrictions.Various state governments have announced…

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From rise in income to community development, how Sridhar Vembu’s Zoho is transforming rural India

The COVID-19 pandemic reduced boundaries like never before. For Chennai-headquartered Software-as-a-Service (SaaS) company Zoho, this only meant expanding its rural initiatives, which it has been working on for the last…

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[Funding alert] DealShare raises Rs 70 Cr from venture debt firm Alteria Capital

Hyperlocal ecommerce startup DealShare has raised Rs 70 crore from venture debt firm Alteria Capital. The startup is focussed on the mid-income demographic of 500 million new Internet users and…

Continue Reading[Funding alert] DealShare raises Rs 70 Cr from venture debt firm Alteria Capital