A compilation of important news from the startup world:
Sports startups are trying to change the game
A clutch of innovative startups, riding on the growing enthusiasm for sports in the country, are looking for ways to clear the boundary Kohli-style. Entrepreneurs — many of them former amateur sports people — are setting up new businesses ranging from e-tailing sports apparel to providing analytics to improve performance….
IT firm Red Hat mulls more investments in startups to push growth
IT firm Red Hat is actively looking at investing in start-ups working on innovation, infrastructure and open source technologies to further accelerate its growth in the country. Red Hat, which has invested in start-ups in India and Israel, is also expanding its workforce in the country to cash in on the opportunities in the telecom and government space….
Schools are becoming the new playgrounds for startups
Young entrepreneurs are taking help of schools to set up their startups. Saumil Majumdar started Bangaluru-based EduSports in 2009 to create a set sports curriculum for schools. Another Bangaluru startup. KOOH Sports has tied up with 200 schools in 40 cities to develop their curriculum…
This summer holiday, woo investors for your start-up idea
Several students are ditching the conventional placement process and choosing to work on start-up ideas. With the summer holidays coming up, now is a good time to chase your passion, and turn it into a possible career, say experts….
SPH Plug and Play unveils second batch of start-ups
Eight new tech start-ups have been selected for the second intake of the Singapore Press Holdings’ (SPH) Plug & Play accelerator programme.They were selected from more than 320 applications received from 10 countries, including Hong Kong and India…
IIIT-Hyderabad sets up accelerator focused on AI, deep tech
Computer science focused educational research institute International Institute of Information Technology (IIIT)-Hyderabad is starting a new accelerator focused on technologies such as artificial intelligence, natural language processing, machine learning, augmented reality and virtual reality. These technologies, incidentally, are focused around research areas of the premier educational institute….
Crowdsourcing code: why startups are turning to open-source software
It is because of publicly available ‘open-source software’ (OSS) that finding such a component is relatively easy.For startups, OSS obviously is a great way to kickstart development without punishing the bank account….
Silicon Valley ‘Unicorns’ Worry SEC
Wall Street’s top regulator went to the heart of Silicon Valley last week to defend the public markets and warn tech startups of the perils of staying private too long. Mary Jo White, chairwoman of the Securities and Exchange Commission, took particular note of the world’s 150 so-called unicorns, tech companies valued at $1 billion or more, but still in private hands….
Israeli high-tech targets high-net worth investors
With 70% of capital concentrated in few hands, Denny Chared hopes to convince untapped billionaires to invest in Israeli high tech. Denny Chared, owner of DC Finance which organizes financial conferences for family offices and high-net worth individuals, is convinced Israeli tech companies have yet to discover the hidden vein of venture capital, and he intends to uncover it….
Austin adtech company eRelevance raises $4.5 million from outside the city
Austin’s local marketing automation startup eRelevance has announced over the weekend that it has doubled its funding with a $4.5 million Series A round led by Silicon Valley-based Rally Ventures. eRelevance focuses on outreach marketing and phasing out email blasts with “multi-channel marketing campaigns”….