Ever since the Centre launched the Fund of Funds for Startups (FFS) with a corpus of $1.5 Bn (INR 10K Cr) in January 2016, the DIPP (Department of Industrial Policy and Promotion), Small Industries Development Bank of India (SIDBI), and selected alternate investment funds (AIFs) have been aiming at maximum disbursal of the allotted funds till 2025.…

Top Citrix System executive Vishal Khare has joined SD-WAN startup Lavelle Networks as a co-founder. Lavelle Networks Inc, incorporated in US and India and backed by strategic and angel investors like IdeaSprings, has seen more than 4 times growth in revenue last fiscal and has plans to grow business by expanding globally and increasing its footprint in the domestic market, the company said in…

Bengaluru-based startup Lavelle Networks announced that it has raised $600,000 from an early-stage venture capital fund Ideaspring Capital. Founded in early 2015 by former IT professionals Shyamal Kumar and Karthik Madhava, Lavelle Networks offers an SDN platform that solves the biggest challenges to enterprises connecting over the Internet. All users, locations and cloud networks are connected using…

Bengaluru-based Lavelle Networks offers a network-as-a-service subscription-based product to help companies port their data and apps across different cloud service providers. Imagine driving the Mercedes GLC-220D, which has the Mbrace app that connects you to the retail ecosystem in every suburb and vicinity you travel in. The Narrow AI-based algorithms allow the user to connect…

Presenting the TECH30 2017: YourStory’s pick of the top 30 technology startups from India The coveted list of Tech30 startups for this year was announced on the second day of TechSparks on September 23. Starups from Artificial Intelligence (AI), healthtech, cyber security, and cryptocurrency made it to the list. It was an exhilarating two days…

The cohort underwent an intensive fourteen-week programme at the Microsoft Accelerator to increase their Enterprise Readiness Quotient. Fourteen startups which were part of Microsoft Accelerator’s 10th cohort graduated at the Summer 2017 edition of ‘Think Next’ here, the company said on Wednesday. Think Next is Microsoft Accelerator’s flagship forum which brings together thought leaders in…