Month: January 2017

Bennet, Coleman & Co. invests ~$1.5M in India’s Airmed Path Labs

India: Airmed Path Labs, a home-service health-test platform, has raised about Rs 10 crore from Bennet Coleman and Co. Ltd.’s (BCCL) investment arm Brand Capital to help fund its expansion and strengthen its brand.

Oracle expands its Startup Cloud Accelerator program into Singapore, Mumbai & New Delhi

Singapore/India: Post its successful conclusion in Bangalore, Oracle is now expanding the accelerator program to Bristol, Delhi–NCR, Mumbai, Paris, Sao Paulo, Singapore, and Tel Aviv.

Singapore Press Holdings’ start-up accelerator is officially dead

Singapore: SPH Plug and Play, the start-up accelerator of Singapore’s largest newspaper publisher, has officially been declared dead.

Commonwealth Bank of Australia has issued a «cryptobond» developed in its Innovation Lab

Australia: Commonwealth Bank of Australia has issued a «cryptobond» for Queensland Treasury Corporation using its capital markets blockchain platform.

Nudge Foundation launches incubator for non-profit start-ups

India: Nudge Foundation has launched an incubator called N Core for non-profit start-ups working to solve poverty-related problems.

Microsoft announces 1st batch joining the new accelerator Shanghai

China: Microsoft announced the 14 market-ready startups selected to join their Shanghai Accelerator program.

Qualcomm expands its Design in India Program – invests $ 8.5 million

India: Qualcomm Incorporated (NASDAQ: QCOM) today announced the top three winners of its first edition of the Qualcomm Design in India Challenge (QDIC), which was launched in December 2015, in association with NASSCOM.

NetApp launches accelerator program for startups in data storage space

India: The burgeoning startup scene of India has received another leg-up from one of the most well-known names in the data storage space – NetApp.

Mahindra Group launches car workshop aggregator, Carworkz

India: The Mahindra Group on Thursday launched Carworkz, a car workshop aggregator. During beta-testing phase, the startup had signed up 1,000 workshops and 5,000 registered users.

YES Bank announces launch of fintech accelerator – ‘YES Fintech’ (YFA)

India: YES Bank has announced to launch a business accelerator program-YES FINTECH (YFA) for fintech startups. The initiative has been taken in association with T-HUB and Anthill Ventures, with LetsTalkPayments (LTP).

Major Defense companies partner Techstars to launch a Defense & Security accelerator in Australia

Australia: Techstars has kicked off its Asia Pacific expansion, choosing Adelaide to launch its first startup accelerator in the region. US -headquartered startup accelerator Techstars has expanded into the Asia-Pacific region, with Adelaide chosen as its first launch location.

SP launches Free Electrons Global Accelerator programme

Singapore: Singapore Power (SP) has launched the Free Electrons Global Accelerator programme, which aims to bring together utilities and startups to innovate and co-create the next generation of ideas and clean energy solutions for the industry.