Current Affairs in Information Technology 2017 + Quiz

Current Affairs in Information Technology 2017 + Quiz

Current Affairs in Information Technology 2017,Complete the Quiz end of this page after completing reading this page.

1) SaaS based unicorn Zoho Corporation has announced the launch of a new service Cliq.

2) US-based ecommerce giant Amazon has launched a B2B marketplace Amazon Business.

3) HomeShop18, the part of Network 18 Media & Investments, has acquired a 74% stake in Shop CJ Network.

4) Inclov, a matchmaking app for people with disability and health disorders, has raised an undisclosed amount of Pre-Series A funding.

5) Delhi-based edtech startup NeoStencil, Inc. has acquired TestCafe, an analytics-based test practice portal.

6) Goa-based Transerve Technologies, a startup that offers geospatial technology-based SaaS solutions has raised $1.6 Mn Series A funding from IL&FS Investment Managers and Omidyar Network.

7) Language learning startup Multibhashi has raised an undisclosed amount of Seed funding from angel investor Aniruddha Malpani.

8) Amazon Web Services to open its first Middle East data centre in Bahrain.

Current Affairs in Information Technology 2017

9) Flipkart has aligned with Microsoft to deploy Artificial Intelligence and Machine Learning .

10) Paytm’s Founder Vijay Shekhar Sharma has again made news by getting featured in Hurun India Rich List 2017: Self-Made Under 40. 

11) Flipkart is looking to expand its end-to-end capabilities in mobile phones with the F1 Info Solutions & Services Pvt. Ltd. – India

12) has invested $1Mn in US based start-up Ditto.

13) Trader’s body CAIT has reportedly alleged that Flipkart, Amazon and other major e-commerce firms might be violating the FDI rule by providing heavy discounts and indulging into retail trade activities.

14) Vogo Rentals has raised an undisclosed amount of seed funding.

15) CrediFiable has raised an undisclosed amount of Seed funding from Kae Capital.

16) KSUM has announced to host Idea Day in college campuses to encourage and fund innovative ideas, projects, and products.

17. Bengaluru-based agritech startup CropIn Technology has raised an undisclosed amount of Pre-Series A funding from Singapore-based Beenext –

18. TeamIndus is gearing up to conquer the moon once again with a rover landing as a part of the coveted Google Lunar XPRIZE competition –

19. Ndtv board agrees to sell ecommerce portal Fifth Gear to Autobyte –  

20. Zomato Invests In Hyderabad Based Foodtech Startup Tinmen –

21. Marketing Startup Synup Raises $6 Mn From Vertex Ventures, Prime Venture Partners to grow 10x in next 3 years

22. Amazon has formed a joint venture with Ashok Patni Group to strengthen its customer service unit –

23.And here is an invaluable startup story about Taizo Son: Japan’s #30 richest person and billionaire Taizo Son has an ambitious plan to transform India’s Agrifood segment through his new accelerator Gastrotope, launched two weeks ago –

24) In a gazette notification issued by the central government, the country’s central banking institution has identified P2P lending platforms as a subset of the NBFC category.

25) According to Anand Mahindra, the electric vehicles industry will continue growing even without government subsidies.

26) Chimple has won $1 Mn funding from Global Learning XPRIZE.

27) – all about fashion heading for a shutdown? 

28) Ace Turtle Services Ltd, has secured an undisclosed amount of venture debt from InnoVen Capital.

29) The AIPC has lifted the ban on startups for conducting placement drive in the current session.

30) The shares of Matrimony were off to a slow start on the stock exchanges yesterday post its IPO last week.

31) Uttar Pradesh to establish the biggest incubator centre in the country.

32) Razorpay rebranded itself as Razorpay 2.0.

33) Ratan Tata keen on backing founders looking to build sustainable companies

34) Singapore-based VC firm East Ventures has launched a $30 Mn investment fund.

35) AI enabled healthtech startup Robin, founded by ex-CPO of Flipkart Punit Soni has conducted its first pilot test run in a doctor’s office. 

36) Mumbai-based venture debt fund InnoVen Capital India Pvt. Ltd. has invested about $15.4 Mn in online travel company Yatra.

37) Bengaluru-based services marketplace Homergize Technologies Pvt. Ltd. has raised $1 Mn Pre-Series A funding.

38) Cyber security firm Securonix has raised $29 Mn Series A funding.


39) VC firm Lightspeed India Partners has opened a new office in Koramangala, Bengaluru.

40) Coworking Space 91springboard has raised funding from Sandway Investment, others.

41) Minio, a provider of open source object cloud storage for cloud-native and containerized applications has raised $20 Mn in Series A funding.

42) Bengaluru-based staff communication platform Noticeboard has raised an undisclosed amount of funding from former Myntra CTO Shamik Sharma and founder Aprameya Radhakrishna.

43) To make the process of starting up easier and more efficient, Internet giant Google has launched a dedicated site called Startup With Google.

Current Affairs in Information Technology 2017

44) Swiggy is in the process of building a new cloud kitchen vertical.

45) Baby and mother care brand, Mamaearth, has raised $1 Mn in a funding round led by VC firm Fireside Ventures and a few other investors. 

You’re reading Current Affairs in Information Technology 2017

46) Key takeaways for the AgriFood industry from Inc42 and Mistletoe’s FarmToFork Conclave.

47) Freshworks Inc. (formerly Freshdesk) has launched its latest product, Freshchat, a new product for customer engagement on websites and apps.

48) Power2SME has raised $36 Mn Series E funding.

49) Tata Group is looking to enter into online grocery business under Starquik brand.

50) The Delhi High Court has reportedly issued a bailable warrant against the infamous former Managing Director and CEO of now-defunct online retailer, Sanjiv Gupta.

51) Paytm, is reportedly in talks to acquire Bengaluru-based online travel company

52) Shortlist has secured $1 Mn in Seed funding. 

53) Airtel Payments Bank has bolstered its digital platform with the integration of UPI.

54) ICUBESWIRE has announced a $3 Mn innovation fund to support the growing number of early stage startups in India.

55) Codemojo is unveiling a borderless, easy to use, global rewards network to mobilise $360 Bn worth rewards points that go unredeemed each year.

56) OYO Rooms has raised $10 Mn from China Lodging Group Limited.

57) Smaaash has raised $44 Mn in a round led by Edelweiss Group non-banking finance unit, ECL Finance.

58) Zomato has acquired Bengaluru-based Runnr.

59) LODHA Group will be investing in Palava Accelerator from its flagship Startup Investment Fund for Real Estate and Smart Cities which has an initial corpus of $7.8 Mn.

60) Japanese Entrepreneur turned Investor Taizo Son, Founder & Chairman, Mistletoe, has launched ‘Gastrotope’, an accelerator platform.

61) Creator’s Gurukul has raised an undisclosed amount in another round of funding from series of investors.

62) Wingify has launched a publication called Wingify on Growth.  

63) The final day of the Matrimony IPO ended on a high note, with the issue being oversubscribed 4.41 times as of 17:00 hours yesterday.

64) KSUM is the implementing agency of Government of Kerala for entrepreneurship development and incubation activities in the state.

65) WittyFeed has raised an undisclosed amount of funding in a Pre Series A round.

66) Tonbo Imaging has raised $17 Mn in Series B funding led by WRV Capital.

Current Affairs in Information Technology 2017

67) Sattviko has raised an undisclosed amount of Pre Series A funding from a bevy of angel investors led by Raman Roy, Chairman of NASSCOM

68) Zilingo has raised $17 Mn in Series B funding round.

69) Get My Parking has secured Series A funding of $3 Mn.

70) Accelerator Group LLC has announced a $25 Mn early stage private equity fund for women entrepreneurs.

71) Chef Gautam Chaudhry-led Demiurgic Hospitality has acquired of Gurugram-based food startup, World In A Box.

Current Affairs in Information Technology 2017

72) SBI Card customers will soon be able to make payments by tapping their smartphones on POS machines.

73) HackerEarth has announced the winners of the fourth edition of its countrywide Hackathon India Hacks 2017.

74) China’s cryptocurrency ICOs ban; and Bitcoins, last week. 

75) Andhra Pradesh Chief Minister N. Chandrababu Naidu has said that the government would allot INR 100 Cr to create a separate startup fund for budding entrepreneurs.

76) Kae Capital has reportedly closed its second VC fund at $53 Mn, a 32.5% increase from the estimated $40 Mn.

77) Unacademy has raised $11.5 Mn in its Series B round of funding led by Sequoia Capital and SAIF Partners.

78) Bengaluru Ranks In 25 Global Most Hi-Tech Cities

79) Sachin Tendulkar, P V Sindhu and Pullela Gopichand have invested in a $6.2 Mn funding round in Hyderabad-based startup CallHealth.

80) Matrimony, hit a homerun on the second day of its IPO.

81) The Income Tax department has sent notices to startups and unlisted subsidiaries of some major Indian companies and multinationals.

82), has raised $2 Mn in its Series A round of funding from Accel Partners. 

83) Under its Startup India , Stand Up India program the Government of India has extended tax benefits to 67 startups till date.

84) Mobile gaming studio Nazara Games has announced plans to offer an IPO towards the end of FY18, making it the first public listing in the Indian gaming space.

85) Delhi-based logistics solution provider Ecom Express Private Limited has raised $30 Mn from existing investor Warburg Pincus.

86) Pune-based fintech startup EarlySalary has raised $782K debt financing from IFMR Capital.

87) Important startup hires and exits of last week.

88) 14 startup funding took place in the Indian startup ecosystem last week [4 september – 9 september].

89) ibibo Group CEO and co-founder Ashish Kashyap has resigned from his position as President of 

90) Budget hotel booking marketplace OYO has raised $250 Mn in a Series D funding round led by ソフトバンク Softbank through SoftBank Vision Fund. Current Affairs in Information Technology 2017

91) Logistics firm Vulcan Express has raised another round of funding from Snapdeal. This time the parent company has infused $23.8 Mn in Vulcan Express.

92) Mumbai-based fintech startup CreditVidya has raised $5 Mn in a round led by Matrix Partners India.

93) Andhra Pradesh to become first Indian state to get hyperloop.

94) SaaS startup Wingify has launched the new version of its Visual Website Optimiser (VWO), which ties together the entire conversion rate optimisation (CRO) process.

95) The venture-capital arm of Indian industrial conglomerate RPG Group has invested $1 Mn in Pune-based Seniority.

96) WeWork unveiled its second community workspace in India – “WeWork BKC”, in Bandra.

97) Google, Twitter, WhatsApp Inc.., others face Supreme Court wrath over data privacy concerns . 

98) Customer support platform Helpshift has appointed Salesforce veteran executive Linda Crawford as the new Chief Executive Officer (CEO) of the company.

99) Amazon is expected to launch its wireless speaker, Echo, along with its AI powered virtual assistant, Alexa, in India this year.

100) SEBI has reportedly instructed all startup funding platforms and angel networks in the country to carry a disclaimer stating that crowdfunding portals are neither stock exchanges nor authorised by the market regulator to solicit investments.

101) Flipkart has decided to hold its Flipkart Sale – Big Billion Day from September 20 to September 24.

102) EDUGILD has Selected 5 startups for 4th batch of EdTech Accelerator.

103) Ahmedabad-based SME lending platform Lendingkart has raised $10.9 Mn funding round, in the form of equity funds from Sistema Asia Fund, others.

Current Affairs in Information Technology 2017

104) Gurugram-based Power2SME , a ‘Buying Club’ for SMEs in India has raised $10 Mn in equity funding from the IFC – International Finance Corporation, the private investment arm of the The World Bank .

105) Paytm Payments Bank has reportedly raised $9.3 Mn from One97 Communications founder Vijay Shekhar Sharma and other existing investors. 

106) Chinese accelerator and venture fund ZDream Ventures, known as Zhudao in China, has announced the launch of an incubator ZDreamLabs in Gurugram.

107) OncoStem Diagnostics Pvt Ltd, an oncology-focused cancer diagnostics startup, has raised $6 Mn in a funding round led by Sequoia Capital.

108) German media group Bertelsmann, Inc. is looking to invest $200-250 Mn in Indian startups over the next four years. Current Affairs in Information Technology 2017

109) Pune-based consumer internet startup Mazkara Internet has acquired Mumbai-based Bazingalabs.

110) Bengaluru-based printing retail startup Printo has reportedly acquired Delhi-based rival Print Retail India in an all-stock deal.

111) The government of Chhattisgarh facilitated 36 startups who were part of the Start-up Chhatisgarh Grand Challenge.

Current Affairs in Information Technology 2017

112) Government has selected 60 startup proposals to support through $15.5 Mn North East Venture Fund.

113) Storage management startup PrimaryIO has raised $5.6 Mn Seed funding in an investment round from Accel Partners, Exfinity Ventures and Partech Ventures. 

Current Affairs in Information Technology 2017

114) Uttar Pradesh Chief Minister Yogi Adityanath has set up a $156.2 Mn startup fund for helping startups in the state.

115) The government of Karnataka has announced the names of 100 startup winners’ list for ELEVATE 100.

116) VC firm Matrix Partners India will increase its investments in Delhi-based startups in order to expand its consumer internet portfolio as well as serve what it believes is an under-served market by investors.

117) US-based Michael and Susan Dell Foundation is reportedly looking to set up an incubator for early stage startups in India.

118) The US-based enterprise SaaS platform Narvar has acquired Indian logistics company GoPigeon (Now Narvar).

119) Indus OS, the homegrown smartphone operating system and India’s second largest OS has partnered with cab aggregator Ola (ANI Technologies Pvt. Ltd).

120) Bengaluru-based budget hotel chain Treebo Hotels has raised $34 Mn in its Series C funding round. Current Affairs in Information Technology 2017

121) Andhra Pradesh government’s Fintech Valley Vizag , a sustainable global fintech ecosystem, has partnered with KPMG to develop a high potential fintech ecosystem in Vizag.

122) Early-stage venture capital firm DSG Consumer Partners has announced the infusion of an additional $10 Mn in its second VC fund. 

information technology

123) Home-bred cab aggregator Ola (ANI Technologies Pvt. Ltd) has joined hands with TV streaming app YuppTV Inc. to offer live TV options to users on its in-car entertainment platform, Ola Play.

124) Freshworks Inc. (formerly Freshdesk) has made its ninth acquisition in two years with marketing software startup, Zarget.

125) Urban Ladder, which earlier dealt in online retail of furniture, has received the Single Brand Retail Trade (SBRT) licence from the DIPP .

126) Global E-Services has filed a suit against Amazon India. It claims that Amazon has an outstanding payment for a warehouse.

127) MEDGENOME has secured $30 Mn in Series C financing led by Sequoia Capital and Sofina s.a.

128) OMA Emirates Group has announced $23 Mn Fund For Indian FinTech startups.

129) Updated FDI Policy permits 100% foreign venture capital investment In Indian Startups.

130) After receiving backlash by the government-operated India Post over the unsanctioned use of the term ‘postcard’ digital wallet Paytm has rebranded its cash envelopes to lifafa.


Complete the Quiz of Current Affairs in Information Technology 2017 

Fifth Gear is an e-commerce portal recently sold to Autobyte, Which was the parent company of Fifth Gear?



Current Affairs in Information Technology 2017

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2 Responses to “Current Affairs in Information Technology 2017 + Quiz”
  1. Shivang October 1, 2017

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