Startup firm Nocca Robotics saw a 20-25 fold jump in demand for Covid ventilators last week and requested the government to ease norms to procure components required for making the equipment. Nocca Robotics co-founder Nikhil Kurele said that demand has started coming in for the last one week and no one is ready to match the scale
A blockchain infrastructure provider headquartered in China is funneling $1.3 billion in funding to build the largest filecoin (FIL) mining facility in the country. According to a blog post on Tuesday, distributed storage service provider IPFS Union’s funding is part of a grand vision of building the “Big Data Industrial Park” based in the Jiangxi Province of Fuzhou City.
A blockchain infrastructure provider headquartered in China is funneling $1.3 billion in funding to build the largest Filecoin (FIL) mining facility in the country. According to a blog post on Tuesday, distributed storage service provider IPFS Union’s funding is part of a grand vision of building the “Big Data Industrial Park” based in the Jiangxi Province of Fuzhou City.
Online marketplace HireACamp that lets travelers easily Search and book camps with local camp owners announced on Thursday to have raised an undisclosed amount of growth capital from IAN in its Seed round led by IAN’s Angel investors including Hari Balasubramanian, Uday Chatterjee, and Dr. Uma Kant Panwar.
The journey of the Dehradun-based startup began with an endeavour to solve problems that most travelers face while searching and booking a camping site. In 2018, Kashish Pahwa, an engineering drop-out and Founder of HireACamp, was planning a camping trip with his friends to Rishikesh when he realized that there weren’t any promising sites to book camp stays. This prompted him to dive deep into further research and he came up with the idea of India’s largest campsite network. Thus, HireACamp was launched by Kashish along with his co-founder and computer engineering graduate, Mitul Agrawal in December 2019.
Is Tiger Global the Santa Claus of India’s startup industry. Well, the resounding answer is ‘yes.’ Tiger Global, which already has deep pugmarks in India’s startup ecosystem, probably unleashed its biggest roar in recent years. Last week, the New York-headquartered hedge fund led three big rounds in Groww, ShareChat and GupShup and subsequently propelled the valuation of these startups beyond $1Bn valuation. Alongside, Tiger Global also participated In Cred’s $225 Mn funding round, which again propelled Kunal Shah’s startup to unicorn valuation.
Tiger Global has invested in DealShare, a startup in India that has built an e-commerce platform for middle- and lower-income groups of consumers, just three months after the Indian firm concluded its previous $21 million Series C funding round.
NEW DELHI: To make its presence felt in the world of new age music, Indian short video app Chingari has announced its collaboration with popular music label Koinage Records. Under the licensing deal, all the released and upcoming tracks of the record label will be now available to Chingari users to create content on the platform. Koinage Records is known for producing multiple