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 […]
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.
Looking to further support and boost local businesses working in the B2C sector is Sydney startup InPin.biz. The startup is creating an online ecosystem for small businesses and diverse professionals to digitally market themselves.
When one thinks booming startup ecosystems, Silicon Valley, Israel, and China are usually the first to come to mind, but India has had a stellar 2015, with an increase of seed funding from $15 million in 2014 to an expected $100 million in 2015. Keen to keep its finger on the pulse, tech and startup publication Tech in Asia has announced that it is expanding its physical presence into India, setting up an office in Bangalore.
India is attractive right now for investors. In the last 12 months, investment into India’s tech scene has increased threefold – it has become the world’s third largest startup ecosystem just behind the United States and United Kingdom, according to the 2014 National Association of Software and Services Companies (Nasscom) report. The same report also suggests that the number of startups in India will rise from around 3,100 currently to over 11,000 by 2020.
Indian startup Freshdesk has just announced a $50 million Series E round and plans to expand its operations in Australia.
Yesterday India based Helion Venture Partners made the announcement it has just launched a fourth fund worth US$300 million.
If you Google “startups” and virtually any city or nation in the world, you’ll inevitably find true believers insisting that such-and-such region is the new Silicon Valley. But when it comes to India, Asia’s third largest economy, the excitement from investors and entrepreneurs is real — and for good reason. [Source: Pando.com]
Melbourne startup ParentPaperwork, an online platform automating school-related paperwork like excursion permission slips, has signed an exclusive distribution deal with Indian company smartData Enterprises.
The aesthetics of India has made its mark on Australia and a growing number of businesses are embracing designs from the region to meet consumer demand. There is one startup that stands out from the crowd – The New Punjab Trading Company.