Connect with us

Latest News

TechStars US Based Accelerator To Launch In India

Published

on

Techstars,Techstars Launch In India,US startup accelerator,Techstars Founder,Karnataka government News,Techstars in Bangalore,Techstars Latest News,Startup Stories,ANSR Consulting,Priyank Kharge,2017 Business News

TechStars, a US based startup accelerator is set to make their India debut in Bengaluru this year. Minister of IT, BT and Tourism of Karnataka, Priyank Kharge welcomed the company saying the Karnataka government is focused on building a bolder and structured ecosystem and the collaboration with TechStars is exactly what the government required.

TechStars will forge a joint venture with Bengaluru based ANSR Consulting as a part of their India launch and will be hiring a country manager to lead the Indian operations. Through this joint venture, Terchstars plans to open their first center in Bengaluru next year and open centers across multiple locations in India in a few years. ANSR, backed by Accel Partners and Infosys, helps large Fortune 500 companies like Limited Brands and Target set up their technology centers in India.

TechStars, which was founded in 2006 by David Cohen and David Brown, operates in several cities globally including in New York City, London and Paris. The US based accelerator, which has accepted over 1,000 companies into its programs so far, has collectively raised over $ 3.8 billion with a market cap of over $ 9.9 billion. The company counts remote computing platform DigitalOcean and other startup successes among its graduates.

Cofounder David Brown said they have been watching India’s emergence as the third largest global startup ecosystem very closely. He also added the potential for growth in India is huge, as one of the fastest growing economies in the world.

Speaking about the type of programs they were likely to run in India, Brown added, “Globally, we have integrated startup programs, startup accelerators, along with investing, which is one part of our story— it’s likely that we’ll have similar types of programs here in India.

The accelerator runs a three month program where they typically invest $ 120,000 along with a $100,000 convertible note upon acceptance for a 6% stock in the USA. They also operate platforms such as TechStars Startup Programs, TechStars Mentorship Driven Accelerator Program and TechStars Corporate Innovation Partnerships.

ANSR, which establishes, operates and optimizes global in house centers to provide solutions to enterprises, operates startup led innovation programs for its corporate partners, including Target, L-Brands, Lowes and Swiss Re. ANSR’s Kyron program and Microsoft’s India accelerator program are some of the other startup incubators working in India.

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest News

Meta Expands AI-Powered Reels Translation to Hindi and Portuguese, Enhancing Global Creator Reach

Published

on

Meta has expanded its AI-powered translation feature for Reels to include Hindi and Portuguese, joining English and Spanish in empowering creators to reach a broader global audience on Instagram and Facebook. Originally launched in August 2025 with support for English and Spanish, this update now allows creators to seamlessly translate and dub their short videos, breaking language barriers across some of the largest Reels markets worldwide. The AI technology mimics the creator’s voice tone and even offers lip-syncing to ensure the translated videos feel natural and engaging for viewers.​

This enhancement is especially significant for India, the largest market for Facebook and Instagram, where over 600 million people speak Hindi. Content creators who are not fluent in Hindi can now easily access this vast audience, increasing their reach and engagement across diverse linguistic groups. To maintain transparency, all translated Reels are clearly labeled with “Translated with Meta AI,” and viewers can choose to switch translations on or off based on their preference.​

In addition to voice dubbing, Meta is developing features to translate captions and text stickers on Reels, making content more accessible even without sound. These AI translation tools are available free for eligible public Instagram accounts and Facebook creator profiles with over 1,000 followers. This innovation reinforces Meta’s commitment to fostering cross-cultural content sharing and enhancing creators’ ability to connect with audiences around the world through short-form videos.

Continue Reading

Latest News

Dunzo’s Collapse: Reliance’s ₹1,645 Crore Loss Signals Challenges in India’s Hyperlocal Delivery Market

Published

on

Startup Stories

Reliance Industries has officially written off its $200 million investment in Dunzo, a once promising quick-commerce startup in India. Despite high-profile backing and the potential to disrupt the hyperlocal delivery sector, Dunzo faced insurmountable challenges including high operational costs, unsustainable cash burn, and stiff competition from larger players like Zepto and Blinkit. Reliance’s decision follows Dunzo’s operational suspension, leadership exits, and failed attempts at securing additional funding or acquisition partners, ultimately resulting in the company’s digital platforms going offline in early 2025.​

The downfall of Dunzo was accelerated by its inability to maintain a healthy balance between rapid expansion and revenue growth, with losses in FY23 reaching an alarming ₹1,800 crore. With monthly expenses crossing ₹100 crore and mounting pressure to scale, Dunzo resorted to layoffs and delayed payments before shutting down most services outside Bengaluru. Reliance’s significant stake, initially seen as a strategic advantage, ended up limiting the startup’s flexibility in making independent decisions during its final months.​

Reliance’s write-off sends a strong message to India’s startup ecosystem about the risks inherent in quick-commerce and hyperlocal delivery models. Investors are increasingly focused on sustainable growth, disciplined scaling, and profitability. For Reliance, lessons from Dunzo’s collapse are shaping future e-commerce strategies, driving greater emphasis on operational efficiency and prudent financial planning in an intensely competitive market.

Continue Reading

Latest News

Zoho Arattai vs WhatsApp: 5 Reasons India’s Homegrown Messenger Is Winning in 2025

Published

on

Startup Stories

Zoho Arattai messenger has rapidly gained popularity in India by offering features tailored specifically for Indian users, setting itself apart from global competitors like WhatsApp. Arattai delivers exceptional regional language support, intuitive low-bandwidth messaging, and a lightweight interface, making it especially accessible to rural communities and users on lower-end smartphones. This focus on localization and inclusivity gives Arattai a significant edge in the Indian market, ensuring seamless communication even in remote areas.

Beyond usability, Arattai places a strong emphasis on user privacy and data sovereignty. The app stores all user data within India and follows a strict no-ads, no data-selling policy, which guarantees that personal information remains secure and uncompromised. While WhatsApp does provide robust end-to-end encryption, its global servers and Meta-owned data monetization model have raised concerns among privacy-conscious users. Arattai’s transparent approach makes it a trusted and attractive alternative for those who value privacy and wish to avoid intrusive advertisements or AI profiling.

Unique features such as integrated meetings, TV compatibility, and advanced mentions functionality further establish Arattai’s position as a well-rounded and future-ready messaging app. These India-first innovations, combined with Arattai’s ad-free philosophy, clean interface, and powerful optimizations for local contexts, make it the preferred messaging solution for those seeking a modern, secure, and regionally relevant alternative to WhatsApp.

Continue Reading
Advertisement

Recent Posts

Advertisement