Open Platform GeeksForGeeks Helping Students Crack IT Firm Interviews
A computer science portal Startup GeeksForGeeks has emerged as a leading solution for all placement-related concerns of students seeking a career in the IT sector. Offering different online courses with features including schedule flexibility, self-paced learning, and recorded lectures, GeeksForGeeks allows anyone to contribute and help others sharing their knowledge. Started by an IIT-Roorkee alumnus Sandeep Jain, the startup also helps… read-more
Tags: Startups, Jobs, Campus placement, IT sector
Courtesy: YourStory
ISRO, NIT Rourkela Collab To Establish Space Technology Incubation Centre
Heralding academic innovation, the Indian Space Research Organisation (ISRO) and the National Institute of Technology (NIT) Rourkela have jointly signed a memorandum to instate a Space Technology Incubation Centre. Reportedly, ISRO will render Rs 2 crore per year Grant-in-Aid for two years as seed capital, while NIT-R proffers its outstanding laboratories and faculties. The collaboration unlocks new avenues for research and product… read-more
Tags: ISRO, NIT Rourkela, Space technology, Startups, Incubation Centre
Courtesy: The Hindu
Govt Names Byju Raveendran, Bhavish Aggarwal For Startup Council
Centre has appointed edu-tech platform Byju’s founder Byju Raveendran, Snapdeal co-founder Kunal Bahl and Ola’s Bhavish Agarwal and others as non-official members of National Startup Advisory Council. The NSAC will recommend steps to encourage innovation in various sectors among citizens across the country. Besides, it will assist in quick start, operation and exit for the startups. The NSAC's non-official panel will have stakeholders,… read-more
Tags: business, Startups, Indian Startups, Byju Raveendran, Ola
Courtesy: The News Minute
Nazara Tech - First Indian Gaming Startup To Enter Dalal Street
Indian investor Rakesh Jhunjhunwala financed Nazara Technologies Ltd - one of India's biggest interactive gaming and sports media companies - became the first Indian gaming technology company to enter the stock market. Though the firm got SEBI’s approval to file Initial Public Offer in 2018, it had filed IPO documents on January 15. Reportedly, Nazara will float 55,43,052 shares equity shares in the market that will be managed by ICICI… read-more
Tags: Nazara, Rakesh Jhunjhunwala, Gaming, SEBI, IPO, Startups
Courtesy: Times Now News
Prime Minister Launches Rs 1000 crore Fund For Startup In Prarambh
To encourage startups, Prime Minister Narendra Modi has announced a Rs 1000 crore fund at Startup India International Summit: Prarambh. Addressing India as one of the biggest startup ecosystems in the world, the PM said, startup systems should follow the mantra "of the youth, by the youth, for the youth". Besides, he lauded them for being self-reliant during the COVID-19 period when industry leaders suffered to tackle the pandemic.
Tags: Prime Minister, Narendra Modi, Startups, Prarambh
Courtesy: Livemint
GoDaddy Acquires Fin-Tech Firm Poynt For $365 Mn
Renowned internet domain registrar GoDaddy has agreed to buy the fin-tech platform Poynt for $365 million. Reportedly, Poynt's CEO Osama Bedier will join the GoDaddy leadership team and will head a new business section. As per GoDaddy officials, the deal has been scheduled to conclude in the 1st quarter of 2021. Bedier said, "Our team is super excited to join forces and help millions of GoDaddy entrepreneurs sell everywhere."
Tags: GoDaddy, Poynt, Startups
Courtesy: Business Insider
Paytm Targets 1M Apps in Mini Store, Allots Fund for Developers
Paytm CEO Vijay Shekhar Sharma has said that they target to have about one million apps in the Paytm Mini Store by the first quarter of 2021. He added that an investment fund of Rs 10 crore has been set up for mini-app developers. Reportedly, unlike Google, the platform provides free listing for app developers, who can also avail free payment avenues. Earlier, Paytm had called Google "unfair" for levying a 30% commission.
Tags: Paytm, Google, Startups, App Store
Courtesy: Economic Times
Edtech Startup ‘Winuall’ Attracts Funding of Rs 14.7 Cr
Online-education-technology infrastructure provider, 'Winuall' has attracted a funding of Rs 14.7 crore from Prime Venture Partners. The CEO of Winuall said that they aim to enable tutors in India to go digital and improve the quality of learning for students. Reportedly, with the raise in the need for edtech platforms, the startup aims to reach three million students by the end of 2021.
Tags: Technology, Startups, funding
Courtesy: The Economic Times
National Startup Awards 2020: Winners Emerge from Diverse Sectors Across the Country
Department for Promotion of Industry and Internal Trades (DPIIT) on October 6 announced the startup awards for the year 2020, from around 1600 participants. 'Intello Labs' was selected as one of the four winners under agriculture category for digitized food quality assessments. Under education, 'Kick Head Software' was awarded under the 'Access to Open Education'. In Health Category, 'Information Medical Devices' bagged the award for building… read-more
Tags: Startups, Startup India, Awards, Piyush Goyal
Courtesy: Brifly Exclusive
Mumbai: School student Uplifts Funds To Build Cold Storage For Farmers
Students from the Bombay Scottish School in Mahim, raised a crowdfunding drive to build storage facilities for the farmers in the Marathwada region. Eyeing to raise Rs.16 lakh, they plan on building 'Subjee Cooler'- a brick storage solution, to help farmers store their produced products. It works on evaporative cooling and just needs to be watered once a day. The design has been made by Rukart Technologies, a startup from IIT-Bombay… read-more
Tags: Marathwada farmers, Maharashtra , IIT Bombay, Startups, School students, Mumbai
Courtesy: Hindustan Times