User: meerak Topic: oorvani-blr
Category: all-bengaluru :: bengaluru technology
Last updated: May 25 2018 17:17 IST RSS 2.0
 
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Kerala: Powering through to 10,000 startups 25.5.2018 Hindu: Health
How Kerala is boosting its startup sector — with incubations, networking and financial support — and aiming to hit the five-figure mark by 2020
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India welcomes the Netherlands into ISA, the two sides sign 10 agreements 24.5.2018 Central Chronicle
New Delhi, Prime Minister Narendra Modi on Thursday welcomed the entry of the Netherlands into the International Solar Alliance (ISA). In a joint statement, issued after delegation level talks between Mr. Modi and Prime Minister of the Netherlands Mark Rutte who is on a two-day visit to India, New Delhi welcomed the signing of the Framework […]
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Bengaluru's Embassy Group partners with Amazon to power smart homes 24.5.2018 Business Standard: News Now
The real estate company's first project in the premium-affordable segment Embassy Edge will have over 800 Alexa-powered homes
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Arzooo.com secures seed funding from Omphalos Ventures India 24.5.2018 General News
Bangalore-based Arzooo.com on Thursday announced securing Rs 1.5 crores in a seed round of funding from Omphalos Ventures India.India's first reverse auction based commerce platform, Arzooo will utilize the funds to further develop their technology, and expand its operations to the top-ten Indian cities by March 2019.Founded by two former Flipkart employees, Khushnud Khan and Rishi Raj, Arzooo.com virtually exploded into India's e-commerce ecosphere in July 2017, with their unique reverse auction model that gives high value buyers the lowest price on their chosen product, beating prices elsewhere online, in real time.Since their launch, the company has served more than 2,000 customers with an average ticket size of Rs 22,000 on high value branded goods, and a monthly run rate of Rs 7 million."The Arzooo team has a deep understanding of India's consumer market for high value goods and has a grand vision of expanding this segment in the country. They are making good inroads with their ..
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Paisabazaar.com closes Rs. 6.12 crore home loan 24.5.2018 General News
Paisabazaar.com, India's largest online marketplace for lending products, announced today that it has closed what it believes to be India's biggest online home loan case of Rs. 6.12 crore. The loan, sourced through Paisabazaar.com, has been disbursed by Standard Chartered Bank to a HNI resident of Bangalore."Though the loan amount was big, I found the entire process smooth and hassle-free. Both Paisabazaar.com and Standard Chartered moved swiftly and assisted me at each step," said the home loan customer, who is the CEO of a technology firm in Bangalore.Paisabazaar.com, which had earlier closed a home loan case of Rs. 5.68 crore in 2015, says there has been a spike in HNI consumers using its platform over the last 3 years. Home loan cases above Rs. 50 lakh today forms around 22% of the overall home loan cases at Paisabazaar.com."Being India's largest independent online platform for lending products, we are witnessing different customer segments coming to us for their borrowing needs. .
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Meratask in talks with venture capital players to raise funds for biz expansion 24.5.2018 General News
Meratask, micro logistics delivery platform in Delhi-NCR region, today said it has initiated talks with venture capital players to raise funds for its business expansion to other cities. Founded by two Delhi-based entrepreneurs, Meratask allows users to delegate tasks for same day pick and drop related services with the help of a GPS tracker in a smartphone application. The app, which was launched in early 2016, has more than 13,000 users currently, while the company aims to increase its user base and help solve a common problem of pick and drop delivery services within the same city, , Meratask said in a statement. "Meratask is looking for a Series A Funding' for its expansion to other cities," the company said adding it has initiated talks with venture capital players to raise the required funds. "We are looking to expand our presence in 10 more cities including Mumbai, Bengaluru, Chennai, Hyderabad, Pune and others by 2018. This expansion and funds utilisation will include ...
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Indians opt for fruit-based, natural drinks 24.5.2018 All News-IANS Stories
With a focus on health and wellness, the search for fruit-based, natural, healthy and fat-free drinks has gone up by 50 per cent in India, new data reveals.
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Netherlands PM arrives in India 24.5.2018 General News
Prime Minister of the Kingdom of Netherlands Mark Rutte has arrived in India for a two-day official visit.Rutte is scheduled to meet a Business Delegation at Hotel Taj Diplomatic and then participate in the Clean Ganga Event at Hotel ITC Maurya.Prime Minister Narendra Nodi will meet with Mark Rutte at Hyderabad House at about 12:00 pm.Rutte will also attend a CEO roundtable conference at the Hyderabad House. He will then sign press statements at the venue at about 02:30 pm.Mark Rutte, will next address a public event organised by Carnegie India at Hotel Taj Diplomatic and also participate in Clean Air India, a startup event.Lastly, he will participate in an agro event, before proceeding to Bengaluru.Rutte is scheduled to meet Governor of Karnataka, Vajubhai Rudabhai Vala.He is also scheduled to visit Shell Technology Centre and Indian Space Research Organisation (ISRO) in Bengaluru.Around 10 in the night on May 25, he will leave for Netherlands.
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Netherlands PM to arrive in India today 24.5.2018 General News
Prime Minister of the Kingdom of Netherlands Mark Rutte will arrive in India on Thursday for a two-day official visit.On May 24, he is expected to arrive in India at around 9 am.Rutte will then meet a Business Delegation at Hotel Taj Diplomatic and then participate in the Clean Ganga Event at Hotel ITC Maurya.Prime Minister Narendra Nodi will meet with Mark Rutte at Hyderabad House at about 12:00 pm.Rutte will also attend a CEO roundtable conference at Hyderabad House. He will then sign press statements at the venue at about 02:30 pm.Mark Rutte, will next address a public event organised by Carnegie India at Hotel Taj Diplomatic and also participate in Clean Air India, a startup event.Lastly, he will participate in an agro event, before proceeding to Bengaluru.Rutte is scheduled to meet Governor of Karnataka, Vajubhai Rudabhai Vala.He is also scheduled to visit Shell Technology Centre and Indian Space Research Organisation (ISRO) in Bengaluru. Around 10 in the night on May 25, he will
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NITI Aayog and ABB India Sign Statement of Intent 23.5.2018 Govt of india: PIB
To collaborate to provide AI, big data and connectivity solutions across sectors NITI Aayog and ABB India signed a Statement of Intent (SoI) today to support the Indian government realize its ambitious vision of ‘Make in India’ through advanced manufacturing technologies that incorporate the latest developments in robotics and artificial intelligence.
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Dalit face Parameshwara finally makes it to Dy CM's post 23.5.2018 General News
The Dalit face of the Congress in Karnataka and its state unit chief G Parameshwara has finally made it to the deputy chief minister's post, for which he has been a contender for too long. The longest-serving state state party president since October 2010, Parameshwara has remained a hardcore loyalist of the party ever since his political debut through the Congress. An educationist born into a well-to-do family, articulate, soft-spoken and suave, Parameshwara had tried his hand in diversified fields before rising to prominence in politics. Having obtained a PhD in plant physiology from Waite Agriculture Research Centre of the University of Adelaide, he became the administrative officer of the Sri Siddhartha Institute of Technology, a group of institutions his family had built. He did his B.Sc and M.Sc in Agriculture from University of Agriculture Sciences in Bengaluru. His meeting with Rajiv Gandhi in 1989 changed his fortunes. Parameshwara had gone to meet Gandhi in New Delhi when ...
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Infy goes slow on hiring freshers, relies on experienced staff 23.5.2018 Rediff: Business
According to the latest annual report for 2017-18, the percentage of the company's employees in the age group of 18-25, came down to 28.16 per cent, from 31.19 per cent in the previous financial year.
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Niti, ABB join hands to benefit India from AI, robotics 23.5.2018 General News
ABB India and Niti Aayog today inked a pact to help the country reap the benefits of latest technologies including robotics and artificial intelligence. The two institutions signed a Statement of Intent (SoI) to work together in preparing key sectors of the economy for digitalisation, artificial intelligence (AI) robotics, and industrial automation, an ABB India statement said. The initiative also covers the fast growing segment of electric mobility. Niti Aayog and ABB will work with government ministries, solicit feedback for areas critical to them and discuss solutions using industrial automation, and digitalisation technologies. ABB's more than a hundred years' presence in India and our pioneering technology leadership in industrial digitalisation position us well to support India in its ambitions for the next phase of its transformation, ABB CEO Ulrich Spiesshofer said. The first workshop for senior government officials under this collaboration would be organised in June in ...
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Netherlands PM to visit India 23.5.2018 General News
Prime Minister of the Kingdom of Netherlands Mark Rutte will embark on a two-day visit to India on May 24 and 25.On May 24, he is expected to arrive India around 9 am. He is then scheduled to visit the Palam Air Force Station (AFS).Rutte will meet the Business Delegation at Hotel Taj Diplomatic and then participate in the Clean Ganga Event at Hotel ITC Maurya.Around 12 pm the same day, he will meet Prime Minister Narendra Modi at the Hyderabad House where they are expected to sign ISA agreements and Press Statements.Rutte will depart for Bengaluru the same night.On May 25, he will arrive at Kempegowda International Airport. He is scheduled to meet Governor of Karnataka, Vajubhai Rudabhai Vala.He is scheduled to visit Shell Technology Centre and ISRO in Bengaluru. Around 10 in the night, he will leave for Netherlands.
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Infosys puts a break on fresher hiring, relying more on experienced hands 22.5.2018 Latest News
Share of young engineers in 18-25 age group drops to 28% in FY18, senior staff ratio goes up
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Bengaluru’s first Indie Comix Festival showcases independent creators 22.5.2018 Citizen Matters, Bengaluru
Over 20 comic book artists participated in the event with close to 15 stalls. Art in Transit launched two anthologies by different artists: one about Bengaluru and the other about Cubbon Park. »
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Six held for cheating job-seekers 22.5.2018 General News
Six persons, who allegedly cheated job-seekers by promising them jobs in SBI, Income Tax, Railways and other government departments, have been arrested here, police said today. The gang members hailing from different districts of Andhra Pradesh and Telangana were led by P Venkatesh and allegedly cheatedover 50 unemployed youth on the pretext of providing jobs after collecting money from them, a police release said. The gang members were nabbed from different locations of the city. The release said Rs 12 lakh, fake appointment orders of SBI, Income Tax Department, Railways and National Rural Health Mission were seized from the possession of the accused. The "fraudsters" had set up a job consultancy firm 'MVM Technologies' and promised the job-seekers jobs in government departments, it said. They demanded Rs 10 lakh and took advance amount ranging between Rs 3 to Rs 4 lakh from each candidate, police said. After taking the money, they conducted "interviews" in the ...
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CureFit inks deal with Oaktree Capital to bring Fitness First on its platform 22.5.2018 General News
Health-technology startup CureFit today said it has inked deal with Oaktree Capital Management under which Fitness First, chain of fitness centres, will become a part of the Bengaluru-based firm's platform. Founded in 2016 by Myntra co-founder Mukesh Bansal and former Flipkart executive Ankit Nagori, CureFit operates its own chain of fitness centres under 'Cult.Fit' and also focusses on mental fitness (through Mind.fit), healthy food (Eat.fit) and primary care (Care.fit). "As a part of the transaction, Fitness First will become a wholly owned subsidiary of Cult.fit, while Oaktree will get minority stake in CureFit. The transaction is expected to be completed in the next few weeks," Nagori told PTI. Oaktree will invest additional capital in the consolidated business. Nagori said Fitness First has 10 premium fitness centres in Delhi-NCR and Mumbai with 10,000 members. The combined entity will have 50 centres in 4 cities with about 40,000 members. "There are significant synergies in our .
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Akamai, MUFG roll out blockchain-based payments network 22.5.2018 Sify Finance
Cloud delivery network provider Akamai Technologies on Tuesday announced its partnership with Japan-based Mitsubishi UFJ Financial Group (MUFG) to introduce a new blockchain-based online payment network for next-generation payment transactions.
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Bengaluru’s first Indie Comix Festival celebrates the unique independent art 22.5.2018 Citizen Matters, Bengaluru
Over 20 comic book artists participated in the event with close to 15 stalls. Art in Transit launched two anthologies by different artists: one about Bengaluru and the other about Cubbon Park. »
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