India’s tech startup news: August 2020
The startup news collection below is drawn from online coverage of India’s startup ecosystem across August of 2020, as covered in English-language media. Items cover India’s startup, tech and funding news.
Startup news items listed here are a collection of India’s tech news headlines; each startup headline is linked to the online article behind each headline, giving you an instant overview of recent India startup news, and allowing you to instantly read any Indian startup news article in full.
Our monthly news collections are drawn from Startup News Asia’s daily startup news updates – delivered on LinkedIn, Facebook, Twitter and by app – which gather technology news from across 17 locations across Asia and the Indo-Pacific.
- India: Toppr edtech startup raises $46M with range of services focused on K-12 students
- India: A month-end round-up of the country’s tech, startup and funding news from across July 2020
- India: Whatsapp preps to enter the lending and micro-finance sector with bank partnerships aiming at small business loans, small pensions and insurance
- India: A brief intro to the government’s Innovations for Defence Excellence, aiming to provide startups with a platform to connect with the defence sector
- India: FarEye logistics management startup gains $3M backing from South Korea’s KB Investment Co, gaining from COVID-19 boost in e-commerce
- India: Probus Smart Things IoT startup gains seed funding from Unicorn India Ventures with electricity grid analytics and automation focus
- India: WhiteHat Jr acquired by Byju’s, online learning giant, for $300M, based on services around online coding classes for school-going students in India and the US
- India: ShareChat content sharing platform reportedly in talks with Microsoft around investment of up to $100M, at same time ShareChat launches Moj video-sharing service
- India Regionals for Startup World Cup 2020 applications are now open, closing October 10th
- India: Gov’t considers enabling public, startups, researchers and others to request anonymized data from companies for use in national security, economic and public interest purposes
- India: A dive into how neo-banks are ushering in a new age of digital banking in the country, second only to China in terms of unbanked population
- India: Flipkart e-commerce marketplace giant launches Flipkart Leap startup accelerator program, a 16-week virtual program
- India: DocSumo raises $220K seed funding with workflow automation for financial services firms, cutting admin costs with document data capture, analytics and fraud detection
- India: Amazon launches Amazon Pharmacy in Bangalore, offering prescription, OTC and Ayurvedic medication and basic health devices
- India: IDEMIA launches iCube incubator program to boost ‘augmented identity’ startups, those working on secure, authenticated and verifiable transactions via biometrics
- India: Eduvanz fintech startup raises $5M series A with student-focused education loans
- Lightspeed India Partners raises $275M fund for India, aiming to invest in upwards of 24 early-stage startups
- India: Mitron short-video app raises $5M Series A with similar service to China’s TikTok, claiming 9BN video views per month
- India: Text Mercato Solutions raises $646K with cataloguing and content management platform focused on streamlining e-commerce platform operations
- India: Chingari the latest short video app to gain funding on back of TikTok ban, raising $1.3M seed round with 25M user base and 3M daily video views
- India: TiE Hyderabad to hosting virtual Global Summit form December 8-10, gathering 25 TiE chapters from across the Americas, Europe, Africa, India and APAC
- India: FPL Technologies raises $10M Series A with multi-faceted fintech platform, spanning app, credit card, domestic and int’l transactions, and financial education
- India: A brief intro to the 5 shortlisted candidates in the Startup of the Year category for The Economic Times Startup Awards 2020
- India: China’s Alibaba Group ceases innovation initiatives in India, citing the challenges of the current geopolitical environment
- India: Wipro IT services firm implements blockchain-based small scale liquefied natural gas trading and fulfilment platform for German energy solutions giant
- India: A look at how food-focused tech startups Swiggy and Zomato are boosting their presence in smaller Tier 2 and Tier 3 cities for long-term growth
- India: Tata Group conglomerate to launch super app, aiming to take on e-tailers like Amazon, Facebook and Reliance in the one-stop e-commerce ecosystem
- India: A look at the country’s moves into a digital economy, from McKinsey & Co
- India: Kheyti agri-tech firm gains backing from Acumen Fund impact investor with focus on improving yields and income of small farmers
- India: An intro to 5 women entrepreneurs changing the B2B startup ecosystem working in digital payments, HR-tech and more
- India: Gamezop multi-game platform raises over $4M with 34M monthly active users for HTML5 games embedded in over 1600 apps
- India: Paytm Mall e-commerce platform denies reports of massive data breach, with hackers gaining unrestricted access to company data and demanding ransom
- India: Gov’t launches Chunauti program, competition to boost startups and software products with a focus on tier-II towns, aiming to select 300 startups for development
- India: ICICI Bank, one of India’s largest, has started using satellite data to inform credit assessments for farmers in 500 villages, aiming for future roll-out to 63K villages
- Another look at the 11 startups selected from the End Plastic Waste Innovation Platform program, from Australia, India, Indonesia, Myanmar and UAE
- Deep Tech for Good in Asia event set for September 15th, delivered online by Singapore’s SGInnovate and Federation of Indian Chambers of Commerce and Industry
In Other news
Other subject-specific news from across Asia-Pacific:
• Blockchain news across Asia-Pacific
• Artificial Intelligence news, Asia
• Cybersecurity and data security news
Asia’s tech news, daily
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