Month: November 2016

Lignar Labs partners TNB Ventures to grow startups that could Better our Environment

Singapore: Lignar Labs joins forces with TNB Ventures (TNB) to support startups in the areas specific to environment protection, pollution control and energy efficiency.

Infosys Innovation Fund Invests $4.6 Mn In Stellaris Venture Partners

India: IT services company Infosys has announced to invest $4.6 Mn (INR 31.6 Cr) in Bengaluru based early-stage venture capital firm Stellaris Venture Partners. This investment is towards the first close of Stellaris’ fund and is in the form of Limited Partner (LP) interest, being routed through its Innovation Fund.

Target’s accelerator program opens for the 5th batch

India: ‘If we don’t disrupt ourselves, someone else will’. This is the ideology behind the Target Accelerator Program – a four-month engagement program – where selected startups get to work with the business teams at Target to develop, scale, and test their products in a live retail environment.

Bosch India launches 18-week startup accelerator program

India: Bosch India has launched its first accelerator program for startups called ‘discover, nurture and align- DNA.’ The 18 week program offers startups the opportunity of gaining access to Bosch’s working environment.

Infosys invests Rs 14.5 crore in Danish artificial intelligence start-up

India :Infosys Ltd has invested 14.92 millon Danish krone (Rs 14.5 crore) from its “innovation fund” in UNSILO, a Danish artificial intelligence start-up focused on advanced text analysis.

NTUC Income announces nine start-ups joining its inaugural insurtech accelerator

Singapore: NTUC Income has announced that nine start-ups which will participate in its equity-free accelerator programme, ‘Income Future Starter, powered by TAG.PASS’.

Allianz creates ‘Digital Arena’ a platform for start-ups to reinvent insurance

Singapore: Allianz’s Asia Lab has announced the launch of its Digital Arena innovation platform, a program that encourages start-ups and entrepreneurs to share and pitch fresh ideas that aim to reinvent the way insurance is delivered and experienced in Asia.

ANZ launches innovation lab in Singapore

Singapore: Australia and New Zealand-based banking group, ANZ, has launched an innovation lab, called ANZ BlueSpace, in Singapore as it looks to work with fintech participants from industry, academia and government.

MetLife Launches ‘Collab’ an InsurTech Accelerator

Singapore: LumenLab, MetLife’s Singapore-based innovation centre, announced the launch of Collab – a three-month program that supports “product ready” start-ups as they tackle the business needs of tomorrow.

Infosys invests undisclosed amount in US-based start-up TidalScale

India: Infosys Ltd has invested an undisclosed amount to pick up a stake in TidalScale, a California-based start-up founded by Infosys chief executive Vishal Sikka’s former SAP colleague Ike Nassi.

Huawei, NUS partner to launch IoT accelerator in Singapore

Singapore: Global information and communications technology (ICT) solutions provider, Huawei, has entered into a partnership with NUS Enterprise, to launch its first IoT focused accelerator, known as i5Lab, in Singapore.

BNY Mellon to open eighth fintech innovation centre in Singapore

Singapore: BNY Mellon, a leading investment management and investment services company, is going to open its newest Global Innovation Center in Singapore, which marks the eighth innovation center within a global network.