StartupXseed floats VC fund, backs ShieldSquare

StartupXseed Ventures LLP, a seed-stage venture investment firm led by former bureaucrat BV Naidu, has launched Aaruha Technology Fund with an initial corpus of Rs 30 crore ($4.5 million) to invest in startups in sectors such as semiconductor, IT security and embedded device. TV Mohandas Pai and Ranjan Pai (not related) led venture capital firm [...] [...]

Disney may stop game development at Indiagames

The Walt Disney Company (India) Pvt Ltd is restructuring its digital gaming unit Indiagames in a move that could result in job cuts at the latter’s game development practise. Quoting unnamed sources, NDTV Gadgets, which first reported the development, said that Disney India is shutting down the game development studio at Indiagames due to high [...] [...]

Life360 Acquires Chronos To Add “Quantified Self” Tracking To Its Family Locator App

life360 Life360, the maker of mobile applications for iOS, Android and Windows Phone that help keep families connected, has acquired Chronos Mobile Technologies, a startup behind a number of mobile apps that passively collect data from users’ smartphones in order to highlight trends and connections between various behaviors. Terms of the deal were not disclosed, but Chronos had closed on a… Read More

HandUp, A Startup Focused On The Homeless, Launches Donation Gift Cards For Those Living On SF’s Streets

handup-gift-card Two and a half years ago, Rose Broome had a moment that most San Franciscans are all too familiar with. She passed a homeless woman on the streets, but didn’t know what the best way to help her would be. Most people might brush that thought aside, but Broome didn’t. “People are frustrated and confused. Then people who are homeless feel invisible or they feel like people… Read More

Snapdeal appoints Adobe’s Rajiv Mangla as CTO

Online marketplace Snapdeal has appointed former Adobe executive Rajiv Mangla as chief technology officer, as per a press statement. The CTO office at Snapdeal, which is run by Jasper Infotech Pvt Ltd, was vacant since February after incumbent Amitabh Misra quit the company to pursue entrepreneurial opportunities. “We are building the strongest technology team at [...] [...]

Edutech firm Eazy Coach raises angel funding

Eazy Coach, which connects students with admission coaches through an online marketplace, has raised an undisclosed amount in angel funding from entrepreneur and angel investor Ravi Agarwal. Kolkata-based Eazy Coach Educational Solutions Pvt Ltd, the company behind Eazy Coach, will use the money to launch a mobile app and to expand the range of its [...] [...]