Indian online gaming platform Zupee has acquired Sydney AI startup Nucanon in a deal reportedly worth $5 million. Nucanon began life as Stori in 2022, with pre-Seed funding from Antler and high profile US investor Jason Calacanis via his LAUNCH Fund. The startup rebranded in 2023 when it raised $500,000 in a Seed round led… Read more »
India has established itself as a noteworthy startup hub in the Asia-Pacific (APAC), attracting considerable venture capital (VC) funding. It’s among the top four markets globally, alongside the US, the UK, and China. In 2022, India accounted for 5.1% and 6.3% of global VC funding value and volume, respectively. Nevertheless, investor confidence has taken a… Read more »
ASX-listed buy-now-pay-later Zip is ramping up its offshore presence in one of the world biggest markets, taking a US$50 million (A$70m) stake in Indian BNPL ZestMoney. The six-year-old Indian fintech is the country’s market leading BNPL, with more than 11 million registered users, more than 10,000 online merchants and 75,000-plus physical stores on its customer… Read more »
As the number of coronavirus in India surpassed 20 million this week, resulting in more than 220,000 deaths, a group of leading Australian tech and investment companies, led by Canva, have stepped in to launch a fundraising campaign to get much-needed medical supplies to the nation. Canva, in collaboration with SafetyCulture, Airtasker, Blackbird Ventures and… Read more »
When Michael Koss landed in India last year to work on developing his joint venture Australian-Indian startup, Digitology Healthtech, little did he realise the important role the technology would play in his own health and saving his life. Koss is CEO of Health and Patient Services (HPS), which is developing the startup with Indian healthcare… Read more »
Demand.film, the Perth-based on-demand cinema startup currently trying to raise $2 million through crowdfunding, has signed a partnership deal to enter one of the world’s biggest movie markets: India. The agreement with Indian-based VKAAO takes Demand into its eighth market and the alliance adds a range of Indian films, from exclusive titles to classics, to… Read more »
Telstra is set to recruit 1,500 new staff in tech roles, to be sourced “where the best talent is available, both within and outside of Australia,” the company’s CEO Andy Penn announced yesterday.
It may have now amassed 100,000 customers around the world, enabled by a US$50 million Series E round raised in early 2015, but Australia has a special place in the heart of Chennai-based Freshdesk, with Western Australian Atwell College being its first paying customer. With Freshdesk, a company creating customer support and helpdesk solutions, having… Read more »
UNSW has partnered with Indian IT services company Tata Consultancy Services to explore collaboration across areas including virtual reality, robotics, data analytics, and machine learning.
Australian edutech startup 40K Foundation has today announced it has received $250,000 in investment from Atlassian Foundation, the philanthropic arm of the tech giant. 40K Foundation was selected from over 100 international non-profits and is one of four startups receiving an accelerator grant and technical support from Atlassian.
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