Category: News

Latest Funding News  Data science startup TheMathCompany raises funding from Arihant Patni  The startups offers data analytics services to enterprises right from advisory, to implementation and even hires and trains talent for customers.    Bengaluru and Chicago-based data science startup TheMathCompany has raised an undisclosed amount of funding from venture capitalist Arihant Patni in his personal capacity, as it looks to grow its presence in markets such as Europe and APAC.     Started in 2016 by Sayandeb Banerjee, Anuj Krishna and Aditya Kumbakonam, all three of whom were previously employed…

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DUNZO    Dunzo is an Indian startup that can buy, pick up anything the customer wants in Bengaluru, Delhi, Gurgaon, Pune, and Hyderabad, it will soon enter Chennai. The organization additionally works a Bike Taxi administration in Gurgaon. It is headquartered in Bengaluru, India. Dunzo is a chat-based personal management platform that allows users to create and manage their daily tasks.    It was founded by Kabeer Biswas, along with Co-founders Ankur Agarwal, Dalvir Suri, and Mukund Jha, in 2014. In 2017, it was funded by Google. It is the first…

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  START UPS THAT SHUT DOWN IN 2019    So, why do so many start ups flame out? The stats are really brutal with 97% of the crowdfunded companies eventually dying. The data on start up death revealed that 70% of the start up companies fail usually around 20 months after raising financing.    Below are some of the start ups that failed and shut down in 2019.     AIWUJIWU  Aiwujiwu, a Shanghai-based start-up was founded in 2014 to offer an online platform to people looking to buy and rent properties…

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  With a vision to create insight-driven ecosystems-making all our partners self-sufficient, helping them leverage data science for best possible business outcomes, the data science startup based in Bengaluru, Karnataka and Chicago, Illinois has raised an undisclosed amount of funding in Series A round from venture capitalist Arihant Patni in his personal capacity, to expand their business in Europe and APAC (Asia- Pacific) and build next-generation platforms and to improve their quality of customer experience    It was started in 2016 by the previous employees of MuSigma (a unicorn startup…

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Social Finance (SoFi), a personal finance company helping people to achieve financial independence to realize their ambitions having a stagnant valuation of $4.3 billion and founded by Mike Cagney, Dan Macklin, James Finnigan, and Ian Brady who met themselves at the Stanford Graduate School of Business, based in San Fransisco, began in 2011 has raised $500 million in a funding round led by Qatar Investment Authority, a Doha, Qatar based private equity and sovereign wealth fund. The company would use the fund for growth and add money to its $2.3…

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It was April 2019 when the whole world witnessed, for the first time, the image of black hole. Social media was abuzz with stories around two subjects – ‘Black Hole’ and “Katie Bauman”. She is the scientist behind the algorithm that made imaging of ‘black hole’ possible.   Who is Katie Bouman? Katherine Louise Bouman  (30 yrs) is an American computer scientist. It was her who led the development of an algorithm for imaging black holes. The algorithm focusses on  Continuous High-resolution Image Reconstruction using Patch priors also called as CHIRP, She was a…

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Bitcoin sank after a record peak of $20,000 by three-quarters last year when hit by the repercussions of 2017 bubble. Many firms which are in finance and tech domains are investing their money into emerging startups who are aiming to build technology to fully develop the market revolving around cryptocurrency. Different venture capitals regularly park their money in blockchain and crypto startups that involve corporates funds’. This amount has reached a mark $850 million so far this year, stats given by PitchBook for Reuters. There are 13 deals in place…

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Alfa Ventures, Seed Fund launched by angel investor Dhianu Das to make investments in early stage startups, has disclosed its first deal i.e CivilCops It has invested in CivilCops, a chatbot operated by Delhi-based Tavroi Research Pvt. Ltd, it said in a statement, without revealing the amount.   Das started Alfa Ventures earlier this year. Dhianu Das is a prominent business leader, serial entrepreneur and early stage investor with a mission to empower entrepreneurs & add value to the community, He is a mentor to many startups and accelerators. His…

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India bourses were higher after the close on Tuesday, as gains in the Banking, Consumer Durables and Capital Goods sectors led shares higher for the fourth straight session.   Indian shares ended at their highest closing levels on Tuesday, boosted by financial stocks such as ICICI Bank Ltd, amid sustained foreign investor buying. The benchmark BSE Sensex closed up 0.95 percent at 39,275.64   The broader NSE Nifty ended 0.83 percent higher at 11,787.15  after touching 11,800-mark for the first time ever. Both the indexes finished higher for a fourth…

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Ed-tech firm WhiteHat Jr has raised Rs 9 crore ($1.3 million) in a seed funding round from venture capital firms Nexus Venture Partners and Omidyar Network, as per the news shared by the startup. WhiteHat Education Technology Pvt. Ltd teaches coding to students between the ages of 6 and 14 via a live online one-to-one platform. The startup was founded in 2018 by Karan Bajaj, the former chief executive officer of Discovery Networks. Since its beta launch in January last year, the company has conducted more than 50,000 trials and…

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