Saturday, April 20

Author: Rishabh

A love for stories and urge to be more exposed to the outer world made Rishabh to work with Pixr8 as a content writer. He choses to go with his personal interest of writing and hence is a writer not only by profession, but also by heart and choice. He is currently pursuing his B-tech from Noida.
After Inspiring An Industry Of Hyperloop Startups, Elon Musk Is Set To Build His Own
5Aug By RishabhNo Comments
News

After Inspiring An Industry Of Hyperloop Startups, Elon Musk Is Set To Build His Own

Elon Musk is now set to make his own Hyperloop after being an inspiration for startups, as per the latest report by Bloomberg.  The Tesla and SpaceX CEO is said to be planning to build the Hyperloop portion of his planned underground tunnel-based Hyperloop network himself, rather than relying on outside partners who are already developing commercial Hyperloop technology. He briefed his research conducted with his team at Space Exploration Technologies Corp that demonstrated the system's viability and offered it as a gift to the startup ecosystem. He revealed this saying that he needs to be "focussed" on SpaceX and Tesla. While the other startups raced to develop their hyperloops, the SpaceX and Tesla CEO's twitter post claiming to have received "verbal government approval" hit as ...
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Facebook To Roll Out Updates To Link To Faster Loading Webpages
5Aug By RishabhNo Comments
News

Facebook To Roll Out Updates To Link To Faster Loading Webpages

Facebook has repeatedly been hit by the complains of slow webpage loading in its News Feed. So it has decided to fix the problem by rolling out updates in the coming months to improve user experience and take loading time into account. It released the following letter announcing about the updates: (more…)
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Government Launches AGRI-UDAAN Programme To Boost Agriculture Startups
4Aug By RishabhNo Comments
News

Government Launches AGRI-UDAAN Programme To Boost Agriculture Startups

ICAR-NAARM Technology Business Incubator (TBI), a-IDEA and Indian Institute of Management Ahmedabad’s (IIM-A) incubator Center for Innovation, Incubation and Entrepreneurship (CIIE) announces AGRI-UDAAN, a programme to promote innovations and entrepreneurship in agriculture and help them connect potential investors. “The idea is to attract the youth from rural India and elsewhere, and train them so they can add value to the farmers’ produce,” said Narendra Singh Rathore, deputy director general of agricultural education at ICAR. Under this programme the startups will undergo a 6-months training period after which they will be connected to the potential investors. “Our goal is to begin a start-up revolution in agriculture which so far has been limited to the services sector,” he added. ...
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Snapdeal 2.0 Gets Backing From Nexus Venture
3Aug By RishabhNo Comments
FUNDING

Snapdeal 2.0 Gets Backing From Nexus Venture

Nexus Venture Partners, an early investor in Snapdeal, has come out in support of the e- commerce firm’s decision to pursue “Snapdeal 2.0” instead of accepting rival Flipkart’s $900-950 million acquisition offer. Nexus Venture Partners is the second investor to come out in support of Snapdeal’s decision, after Kenneth Glass (an early investor in Snapdeal). Earlier this week, Snapdeal had announced that it was terminating all strategic discussions to pursue a new plan of operations that it calls “Snapdeal 2.0”.     Nexus Venture Partners also has a seat on Snapdeal’s board that has representation from SoftBank (2 seats), Kalaari Capital and the two founders—Kunal Bahl and Rohit Bansal. After the announcement by Snapdeal, there were reports that the decision h...
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BookMyShow Acquires Video-On-Demand Platform Nfusion
2Aug By RishabhNo Comments
ACQUISITION

BookMyShow Acquires Video-On-Demand Platform Nfusion

Online entertainment ticketing company BookMyShow on Tuesday said it has acquired video-on- demand platform Nfusion for an undisclosed amount, a move that will help the Mumbai-based firm enhance its audio streaming offerings. Without disclosing the financial details of the transaction, BookMyShow said it acquired Nfusion in an all-cash deal. “We are excited to foray into audio entertainment through our offering ‘Jukebox’ (its online audio entertainment offering), which uses Nfusion’s technology,” BookMyShow director Parikshit Dar told PTI. Nfusion was set up in the Middle East in 2009 by Shoaib G.M. Khan, Sivagurunathan S. and Prabhakar Reddy. The HD video- on-demand platform allowed users to stream videos online. Dar said that strengthening the audio offerings is part of BookMyShow ...
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Know Which Group Insurance Policy Is Best For Small & Medium Enterprises
1Aug By RishabhNo Comments
BLOGS

Know Which Group Insurance Policy Is Best For Small & Medium Enterprises

Group insurance plans are inexpensive and very beneficial plans for employees. If bought properly with right benefits these plans can cover vulnerabilities of the people who work for an organization. They will feel motivated and fearless from taking additional responsibilities which will ultimately lead to higher productivity and happier work-force.   Infographic Credits: Secure Now
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Facebook Acquires Artificial Intelligence Startup Ozlo For Messnger
1Aug By RishabhNo Comments
ACQUISITION

Facebook Acquires Artificial Intelligence Startup Ozlo For Messnger

Facebook has recently acquired its former Head of Platform for Android, Charles Jolley's conversational AI Startup Ozlo.  The Ozlo team is expected to join Facebook to work on natural language processing challenges. Ozlo will be working with Facebook on building experience powered by artificial intelligence and machine learning in blog post shown below. The four-year-old start-up claims that its virtual assistants can understand and provide answers to questions which do not have simple "yes" or "no" answers. Ozlo launched with a consumer-facing app in Oct. 2016 and with this acquisition it is no longer independent and the conversational AI space grows just a bit more consolidated. “1.2 billion people around the world use Messenger to connect with the people and businesses the...
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‘This Is The Best Time For Our Business’ Says Kunal Bahl
28Jul By RishabhNo Comments
Entrepreneurs Talk

‘This Is The Best Time For Our Business’ Says Kunal Bahl

Kunal Bahl comments on the sale of Freecharge to Axis Bank, says it will provide Snapdeal the "necessary boost in resources" to continue its e-commerce journey. Just hours after the deal was announced, Bahl wrote to employees seeking to assuage concerns saying Axis Bank intends to not just retain all Freecharge employees but also "invest significantly" in the team and brand. His comments also assume significance amid reports that the Snapdeal board is leaning towards selling the e-commerce company to Flipkart. Snapdeal earlier announced the sale of Freecharge to Axis Bank for $60 million, which was much lower than the price of $400 million for which it bought Freecharge  back in 2015. Bahl referred to the transaction with Axis Bank was "a great outcome". "They intend to retain...
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