Apart from MUrgency, Tata’s investment in overseas companies include among others, Boston-based wind energy startup Altaeros Energies, China’s largest smartphone maker Xiaomi and Singapore-based startup Crayon Data, a big data analytics firm.
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IDG Ventures India Ltd is planning to invest in 15-25 new consumer-facing Internet startups and Snack-food manufacturer Haldiram is looking to raise an amount of $200 million.
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ThinkLABS was founded in 2006 by an IIT-alumnus Gagan Goyal, it instills scientific temper in school students through innovative programs and prepares college students for careers in embedded systems and robotics.
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Founded in 2014 by Nitin Saxena, Parthasarathy Ramanujam and Hemant Kumar, Speeds will use the funds to launch and market the product in India.
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The startup currently process in excess of 350,000 (3.5 lakh) shipments every month and the company has been witnessing a quarter-on-quarter growth of over 100%.
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AppAlert provides real time information to school authorities and parent alike, as to the whereabouts of the school bus en-route. In the event of an accident or breakdown, help can reach the school bus with immediacy.
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Gurgaon-based cab pooling app Derbii which is owned by Winwincab Rides Pvt. Ltd., has raised an undisclosed amount of seed funding from Accenture MD Anurag Chauhan.
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Einsite has taken a small convertible note from KPCB Edge, but expects to bring on a few other seed funds before it completes its product development.
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