The Japan International Cooperation Agency (JICA) has announced the appointment of TAKEUCHI Takuro as the new Chief Representative of its Office in India, effective September 23, 2024. Takeuchi replaces SAITO Mitsunori, who concluded his tenure at JICA India after three years and one month of service. Takeuchi’s experience Takeuchi brings with him vast experience of … Read more
india startup ecosystem needs to expand support for incubators across the country, according to a joint report by IIM Bangalore and IIT Madras published on Friday, noting that the ratio of incubators in the country is just 0.8 per million people, compared with eight to 10 in the US, UK and China. The report, titled … Read more
Turbostart, a global venture capital platform, has invested $1 million in Ai Health Highway as part of its pre-Series A funds round. The funding is part of a larger $1.5 million round that includes major Rainmatter co-investments from Zerodha, The Chennai Angels, BITS BioCyTiH Foundation and other angel investors. The financial backing will help Ai … Read more
Uber Technologies said Thursday it was partnering with autonomous technology start-up Avride for food deliveries and robotaxis services, as the major transportation company rapidly expands its network of autonomous driving technology partners. In recent weeks, Uber has expanded its alliance with Waymo, Alphabet’s robotaxi unit, and formed new alliances with General Motors. Cruise and the … Read more
Oncare, a startup specializing in cancer care, has raised $1 million in a seed round of funds led by Huddle Ventures, with the participation of other notable investors such as TRTL Ventures, Cloud Capital and DeVC. The startup plans to use the capital raised to expand its operations and expand its reach to patients in … Read more
Delhivery, a Gurugram-based logistics services provider, has entered into a strategic partnership with Truecaller, a global platform known for verifying contacts and blocking unwanted communications. The partnership aims to improve the efficiency and security of communications in the logistics sector. By integrating Truecaller’s Verified Business Caller ID solution, the logistics company seeks to address common … Read more
Billionaire Harsh Goenka recently responded to Nithin Kamath’s comment on unknown (formerly Twitter), in which Kamath said: “India is a socialist society that claims to be a capitalist society.” Kamath’s comment came in response to a question about why Indians “hate” the rich. In his post, Goenka shared Kamath’s video and acknowledged that Indians tend … Read more
Lenskart plans to invest $200 million in its new manufacturing plant in southern India, which would be “ten times the size” of its Rajasthan plant, as the eyewear retailer hits $1 billion in revenue for the current year fiscal. executive director Peysuh Bansal told ET in an interview that for the first time since its … Read more
Trillion Dollar Ventures (TDV), a micro-business focused on early stages venture capital The firm, has launched its second fund with a total corpus of Rs 50 crore. The new fund, which targets early and early-stage startups, represents a doubling of its initial fund size. TDV, founded in 2021 by Ujwal Sutaria, aims to foster technology-driven … Read more
Homegrown electric vehicle (EV) mobility platform ZEVO has raised $2 million in a pre-Series A funds round led by Pegasus India Fund, with participation from BizDateUp, JIIF and a family office. The financing marks an important step in ZEVO’s journey to expand its electric vehicle fleet and develop advanced infrastructure to support sustainable logistics solutions … Read more
