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9Jul By PriyankaNo Comments

INDIA

Samsung starts all Smartwatches Manufacturing in India

New Delhi, July 9, 2020: Tech company Samsung has said that they started manufacturing smartwatches in India at its Noida facility as part of its ''Make in India'' efforts. The South Korean company, which has its largest smartphone manufacturing facility in Noida, has also launched a new 4G-enabled smartwatch priced at $379 (Rs 28,490) that will be manufactured locally. "The Aluminium edition of Galaxy Watch Active2 4G is our most affordable 4G watch now. It's also the first smartwatch to be made in India. With Galaxy Watch Active2 4G, we have also started manufacturing our entire range of 18 smartwatches in India as part of the ''Make for India'' program," Samsung India Senior Vice President, Mobile Business, Mohandeep Singh said in a statement. The company, however, did not prov...

8Jul By PriyankaNo Comments

FUNDING

TagHive raises $10 million in funding from South Korea based Joon Hyon

New Delhi, July 8, 2020: Samsung Ventures-backed Edtech startup TagHive raises $10 million in funding from Complement Capital Managing Partner Joon Hyon. While the company did not disclose the amount of funding raised in the pre-series A round, sources said the amount ranged between Rs 3-5 crore. "Our efforts to develop the product in South Korea have paid rich dividends to us as we now cater to over 400 schools there,” Pankaj Agarwal, founder, and CEO of TagHive, said. Class Saathi, as a platform, has already been proven to be effective in India in collaboration with the governments of Uttar Pradesh and Madhya Pradesh, he said, adding that the startup will deploy the funds to strengthen its presence in these two states. The funds will also be used to rapidly grow the presence ...

US looking at banning TikTok & other Chinese apps

7Jul By PriyankaNo Comments

USA

US looking at banning TikTok & other Chinese apps

Washington, Jul 7, 2020: Secretary of State Mike Pompeo said the US is "certainly looking" at banning Chinese social media apps, including TikTok, days after India blocked the popular video-sharing platform. India banned 59 apps with Chinese links, including TikTok and UC Browser, on June 29, saying they were prejudicial to sovereignty, integrity and security of the country. During an interview on Monday with Fox News'' Laura Ingraham, Pompeo said that he and President Donald Trump are taking the reports seriously after he was told by the host that India had already banned the app and Australia is considering doing so. "We are taking this very seriously and we are certainly looking at it. We have worked on this very issue for a long time, whether it's the problem of having Huawei ...

Aye Finance raises $17 million from Invest in Vision

7Jul By PriyankaNo Comments

FUNDING

Aye Finance raises $17 million from Invest in Vision

Fintech startup Aye Finance raises $17 million (Rs 125 crore) in debt from Germany-based Invest in Vision, a top official of the company said. The company will use the fund to enhance lending for the micro-enterprise sector, Aye Finance managing director Sanjay Sharma said. "Since our inception in 2014, we have been making affordable loans a reality for the historically credit-starved micro-enterprises of India. We are grateful for the support we receive from Invest in Vision and other debt partners in helping us realize our mission of creating an inclusive India," Sharma said. Aye Finance is a finance company that provides business loans to micro and small businesses has raised a total of $244.4 Million in funding over 22 rounds. быстрый займ на картузайм на карту мгновенно с пл...

Kuwait Assembly approves Expatriate quota bill, Will force Large number of Indians and Egyptian to leave the country

6Jul By PriyankaNo Comments

MIDDLE EAST

Kuwait Assembly approves Expatriate quota bill, Will force Large number of Indians and Egyptian to leave the country

Kuwait, 6th July 2020: Kuwait’s National Assembly committee has decided that a draft law proposing a quota for expatriates is constitutional. The bill will now be referred to the concerned committee for consideration. The bill states that the Indian and Egyptian expatriate community one of the largest in the country should not exceed 15 percent of the national population. Which means that out of 1.45 million Indians around 800,000 of them might be required to leave Kuwait. The speaker said that Kuwait has a real problem in its population structure, in which 70 percent are expats, adding that what is more serious is that 1.3 million of the 3.35 million expats “are either illiterate or can merely read and write”, who is not the people Kuwait really needs. He said 100,000 of thes...

Affle to acquire 8 pc stake in Indus OS for $2.86 million

3Jul By PriyankaNo Comments

ACQUISITION

Affle to acquire 8 pc stake in Indus OS for $2.86 million

San Francisco, 3rd July 2020: Mobile advertising company Affle said it will acquire 8 percent stake in smartphone operating system firm Indus OS. "Affle (India) Ltd through its subsidiaries announced the signing of a definitive agreement to acquire 8 percent ownership in OSLabs Pte Ltd, Singapore, (Indus OS). Indus OS operates India's largest independent indigenous app store, with key investment from Samsung Venture Investment Corporation," Affle said in a statement. According to a regulatory filing, Affle will pay USD 2.86 million or about Rs 21 crore to Indus OS for the stake. "We derive significant synergies with the Indus App Bazaar which, through its multi-lingual capabilities, deeply enhances our vernacular scale and the verticalisation strategy. "It strengthens Affle's p...

India’s Richest Man Company launched Zoom alternative Jiomeet

3Jul By PriyankaNo Comments

News

India’s Richest Man Company launched Zoom alternative Jiomeet

NEW DELHI, 3rd July 2020: India's richest man Mukesh Ambani's company Reliance Jio officially launched its video conferencing platform JioMeet yesterday. JioMeet is available on Google Play Store, App Store, and for desktop users. The video conferencing app, which can support up to 100 participants at once. Reliance owned Jiomeet will now compete with other video conferencing platforms like Zoom, Google Meet, etc. Also Read: This Indian Startup Has Made a Zoom Alternative, in Just 20 Days Jio Meet is a platform that has much uniqueness, it actually has an ability to work on any device, any operating system, and it has an ability to do a complete collaboration,” Pankaj Pawar, senior VP, Reliance Jio Infocomm, said to Pixr8 News. “And effectively, this collaboration does not ...

Anyline Keyboard- Making life easier with Keyboard Applications

2Jul By PriyankaNo Comments

Story

Anyline Keyboard- Making life easier with Keyboard Applications

How many times have you tried to register for something, or typed in a long wifi password, only to get an error message? There are few things less frustrating than having to retype those small and impossibly long codes, over and over again. What about those long and repetitive registration forms when booking an airline flight or booking a hotel room even registering for a new service like a bank or mobile phone provider. Needless to say, human brains just aren’t built for manually entering lists of jumbled numbers and letters over and over again. To make it worse, the errors caused by misreading a number are more common than we all care to admit and incredible frustrating at that! That’s why people who are tired of manually typing data are downloading Keyboard Extension apps to...

Google Meet will now blur your background during live video calls

30Jun By PriyankaNo Comments

News

Google Meet will now blur your background during live video calls

Google video conferencing app Meet will soon let users to add images or a blur effect to backgrounds on video calls. Google is also working on several other features like real-time captioning, low-light mode, hand-raising, and a tile view of up to 49 meeting participants that would make Meet more competitive against rival videoconferencing platforms like Zoom and Microsoft Teams, reports The Verge. The company did not disclosed details about when the changes would be available. However, Meet is already previewing some of the upcoming features for its education and enterprise customers. Meet recently received AI noise cancellation feature update to help attendees reduce the background noise significantly. The feature was originally announced in April with a couple of other featu...

Microsoft Changes Working Strategy, Closing Physical Stores, Focuses on Online Service

26Jun By PriyankaNo Comments

News

Microsoft Changes Working Strategy, Closing Physical Stores, Focuses on Online Service

REDMOND, Wash., June 26, 2020 -- Microsoft announced a strategic change in its retail operations, including closing Microsoft Store physical locations. The company's retail team members will continue to serve customers from Microsoft corporate facilities and remotely providing sales, training, and support. Microsoft will continue to invest in its digital storefronts on Microsoft.com, and stores in Xbox and Windows, reaching more than 1.2 billion people every month in 190 markets. The company will also reimagine spaces that serve all customers, including operating Microsoft Experience Centers in London, NYC, Sydney, and Redmond campus locations. The closing of Microsoft Store physical locations will result in a pre-tax charge of approximately $450M, or $0.05 per share, to be recorde...

25Jun By PriyankaNo Comments

FUNDING

Slice raises $6 Million in funding led by Japan-based Gunosy

New Delhi, Jun 25, 2020: Fintech startup slice (formerly known as SlicePay) raises $6.08 million (Rs 46 crore) in funding led by Japan-based investor, Gunosy. The pre-series B round also saw participation from US-based EMVC, Kunal Shah of CRED, Better Capital and existing investor, Das Capital, a statement said. "This round of funding will help slice double its management team, explore banking partnerships to launch co-branded prepaid cards and credit cards and have over 5 lakh users by the end of fiscal 2021," it added. "As a young team, we understand this consumer very well and in the last four years, our primary focus has been making youngsters'' financial experience fun and seamless. As we accelerate towards our next phase of growth, support from new investors like Gunosy, EMV...

Kia, Hyundai and LG Chem join hands to invest in EV Startups

24Jun By PriyankaNo Comments

Automobile

Kia, Hyundai and LG Chem join hands to invest in EV Startups

New Delhi, June 23, 2020: South Korean automakers Hyundai Motor Company and Kia Motors Corporation, along with LG Chem announced a global competition to identify up to 10 electric vehicle and battery startups for potential investment and collaboration. New Energy Nexus, the international startup support organization, will manage and facilitate the competition ''EV & Battery Challenge (EVBC)'' the companies said in a joint statement. The chosen startups will have the opportunity to work hand-in-hand with Hyundai, Kia, and LG Chem, to develop proof-of-concept projects while leveraging the sponsors'' technical expertise, resources and laboratories, they added. "The global competition offers startups the opportunity to showcase their respective innovative technologies and unique b...