Category: India

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.

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.

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).

Nvidia launches Indian virtual incubator for AI

India: American technology major Nvidia has launched the Nvidia Inception programme in India, in recognition of the country’s budding innovation ecosystem in Artificial Intelligence (AI).

Tata Motors plans Innovation Centres globally

India: Tata Motors is betting big on emerging mobility solutions and mulling setting up innovation centres globally to be “future ready” while having a more formal presence across the world, as it aims to be among the top three passenger vehicle makers in India by 2019.

Johnson & Johnson and HAX, a hardware accelerator support India’s Ray IoT

India: Ray IoT, a developer of non-contact baby monitoring technology solutions, has received support from American multinational Johnson & Johnson (J&J) and HAX, a hardware accelerator, as part of the Joint Consumer Health Device Accelerator Program.

Myntra is reviving its 2-yr old Fashion Incubator

India: Myntra, the country’s largest fashion ecommerce company, is reviving an incubation programme aimed at providing 10 small brands with technical, design and financial support, targeting about $500 million worth of business from them in the next five years.

Lodha Group launches fund(~S$10M) for real estate tech ventures

India: Real estate developer Lodha Group has launched its maiden investment fund for startups focussing on smart city solutions and the overall realty sector.

Infosys invests in Indian drone startup ideaForge

India: Infosys – India’s largest IT company, said it invested an undisclosed amount in Indian drone startup ideaForge, as the IT company looks to tap its solutions for industrial uses.