India’s startups
News in June 2019
Today’s startup news:
on LinkedIn, on Twitter and on Facebook
- India is likely to have 920M unique mobile subscribers by 2025, which will include 88M 5G connections, according to GSMA global telecom industry body research
- India: ‘Ola Electric has already announced plans to bring 1 million EVs onto Indian roads by 2022 and set up an ecosystem involving battery swapping stations’
- A detailed look at India’s challenges around fast-growing adoption of facial recognition technology
- India: Government aims to begin establishing up to 100K ‘digital villages’ as soon as next month with $2BN investment
- India: Open neo-banking startup secures $30M, aiming to expand reach to 1 million SMEs inside 1 year
- India: Isthara coliving startup secures $5.7M
- Japan’s government, and companies including Mizuho Bank and Suzuki Motor, to establish $140M fund to invest in over 100 startups in India
- Skift’s list of 25 travel and tourism startups across the globe to keep an eye on
- India: An intro to Fruit Box & Co, bootstrapped startup offering doorstep delivery to offices and schools
- India: The Stylease online platform lets the fashion-conscious rent luxury designer wear for a fraction of the cost of purchasing
- Fashion for Good to expand to South Asia with launch of dedicated regional innovation program, focusing on India and Sri Lanka
- India: Wysa startup secures $2M for AI-driven conversation bot that helps improve mental health
- India: Postman, API startup that helps developers build apps, raises $50M
- India: Mudrex startup launches marketplace for algorithm-based trading strategies
- India and Finland sign MOU around exchange of knowledge and experience in detection, resolution and prevention of cybersecurity-related incidents
- India: Bounce bike-rental startup raises $72M with sights set on electric vehicles and a recent bike-taxi pilot scheme
- India: Chandigarh Tech Summit 2019 set for June 21st
- India: BJYU’S edtech giant on the verge of $200-250M investment from Qatar Investment Authority sovereign wealth fund, for just 5% stake
- India: Paytm payments platform launches artificial intelligence-based router engine to boost payments success rate
- India: Microsoft to partner with higher education institutions for 10 AI Digital Labs to increase the number of AI-trained professionals
- India: Meesho backed by Facebook in WhatsApp-focused move to tap into 2 million resellers across India’s relatively untapped smaller cities
- India: TechHR 2019 conference and exhibition set for Gurugram, August 1-2, showcasing innovations in HR and work-related tech
- India: Yellow Messenger AI startup secures $4M with customizable conversational bot platform
- Facebook’s India Innovation Hub Accelerator’s 2nd edition now open for applications on the theme of ‘AI for social good’
- India: NewsRise Financial Research and Information Services media startup gains backing from Japanese publisher Nikkei
- Facebook invests in Meesho, India/US online marketplace helping individuals sell, and grow their customer base, via social media
- India: AngelHack Mumbai 2019 event set for June 22-23
- Indonesia’s Go-Jek acquires India’s AirCTO recruitment platform with sights set on super-app development
- India: Domestics VC firms partner to create Funder’s Forum startup funding platform
- Japan’s Akatsuki Entertainment Technology fund aiming to invest circa $500K each in 5 Indian vernacular segment startups
- India: Pratilipi local-language self-publishing platform raises $15M
- India: ShareChat local-language social network app reportedly in talks with Twitter around funding on $600M valuation
- India: Milkbasket grocery delivery gains $10.5M funding led by Unilever Ventures
- How India’s Heelium gained from Korea’s K-Startup Grand Challenge with expanding its sustainable sportswear to the wider Asian market
- India: Zoreum launches blockchain-powered app to detect fake certificates, trade label counterfeits and document fraud
- India: Multiply Ventures fund launches with $10M and target corpus of $50M to focus on startups at pre-A and Series A
- An intro to Facebook’s SheLeadsTech India program, supporting women-founded startups with community, tools, mentorship and resources
- India: An intro to 4 women entrepreneurs taking part in Facebook’s SheLeadsTech program
- India: Mate Labs AI startup to represent India at Google Demo Day Asia 2019 with Mateverse, platform for easily building and training ML models
- India: A broad collection of the country’s tech and startup news headlines from the past month
- India: An intro to FarMart, fintech bringing cashless credit via a virtual framework to struggling farmers cutting out funds to middlemen
- India: ParallelDots AI solutions provider wins Invest India-SoftBank Tech4Future Challenge with retail shelf image analysis and more
- India: Agara Labs raises $2.5M with deep learning tech applied to speech and text to automate customer support
- Y Combinator accelerator selects 15 startups from India for 2019 summer batch
- India: Brigade REAP accelerator unveils 6 startups aiming to disrupt the real estate industry with technology
Each month, Startup News Asia also delivers technology-specific summaries for the month past:
Blockchain & DLT news
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AI news
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Fintech news
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Bitcoin & crypto news
