The investment from Cisco is a part of the company’s $40 million early stage allocation under its India Innovation theme.

"We are moving very quickly from being a leader in networking industry to becoming a leader in the IT industry,'' Cisco’s Padmasree Warrior...

These start-ups are now finding a big market in India, especially with the PM's`Make in India' initiative, for solutions based on Internet ...

Startups such as Covacsis, Entrib and Altizon Systems help manufacturers increase their machine productivity by 10-20%, which in turn trans...

"2014 will be looked at as an inflection point, the year the world discovered the true potential of the Indian startup."

The initiative will provide a perfect leg-up to the 1,000-odd startups that come up every year, according to data compiled by Think-Next.

The product, can be used for video surveillance, automated number plate recognition, red-light violation detection and facial recognition.

The Mumbai-based startup founded by two IIT Bombay graduates helps manufacturing companies like Cipla and Tata Rallis make their factories ...