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15Feb By PriyankaNo Comments

BUSINESS

How Businesses Can Help Their Customers Find The Information They Need

In today’s highly competitive world, businesses must provide customers with the information they need to make purchase decisions in their favor. If they don’t, customers will get that information from their competitors and end up buying from them. This translates to loss of business opportunity and, by extension, loss of revenue. Customers need to be educated about their needs and the solutions available in a timely and accurate manner so they can feel empowered enough to make a purchase decision. There are several strategies that businesses can do to help their customers find the information they need. These include the following, Publishing Information On Websites With advancements in technology, developing and updating business websites has become extremely easy. Busi...

Tunedly Pens A Global Administration Deal with Spirit Music Group

6Feb By PriyankaNo Comments

News

Tunedly Pens A Global Administration Deal with Spirit Music Group

New York, Feb 6th, 2021: Tunedly, a spearheading online music production and publishing resource that has supported over 1,000 artists and 5,500 projects internationally since launching in 2015, has inked a global administration deal with Spirit Music Group. Branded as one of the world’s leading independent music publishers, Spirit Music Group is offering Tunedly full music catalog administration within this new partnership, unlocking a new level of growth opportunities for independent songwriters and music creators on a global scale. About Tunedly Tunedly is a musician and music manager owned online music recording studio that has created a reputable foundation for itself within the industry. From 2015 to now, they have and still are, optimally servicing individuals of ever...

Hyundai Motor acquire 80% stake in Boston Dynamics from SoftBank Group

14Dec By PriyankaNo Comments

ACQUISITION

Hyundai Motor acquire 80% stake in Boston Dynamics from SoftBank Group

SEOUL, South Korea, Dec. 14, 2020-- Hyundai Motor Group will acquire 80% stake in Boston Dynamics in a deal that values the mobile robot firm at $1.1 billion. Financial terms were not disclosed. Hyundai Motor Group will hold an approximately 80% stake in Boston Dynamics and SoftBank, through one of its affiliates, will retain an approximately 20% stake in Boston Dynamics after the closing of the transaction. The acquisition will mark another major step for Hyundai Motor Group toward its strategic transformation into a Smart Mobility Solution Provider including in fields such as autonomous driving technology, connectivity, eco-friendly vehicles, smart factories, advanced materials, artificial intelligence (AI), and robots. Boston Dynamics produces highly capable mobile robots with ...

Ola Invest $326 Million to setup World’s Biggest eScooter Plant

14Dec By PriyankaNo Comments

Automobile

Ola Invest $326 Million to setup World’s Biggest eScooter Plant

Tamil Nadu, Dec 14, 2020: India's leading cab service provider Ola inked an agreement with the Tamil Nadu government to invest $326 Million (Rs 2,400 crore) for setting up its first electric scooter factory in the state. Upon completion, the factory will create nearly 10,000 jobs and will be the world's largest scooter manufacturing facility that will initially have an annual capacity of 2 million units, a statement said. "In line with Prime Minister Narendra Modi's vision, Ola's factory is an important step in making an Atmanirbhar Bharat. It will catalyse reduction of India's import dependence in a key future sector like electric vehicles, boost local manufacturing, create jobs as well as improve the technical expertise in the country," it added. Ola said India with its unique s...

Google Acquire Data Mining Startup Dataform

9Dec By PriyankaNo Comments

ACQUISITION

Google Acquire Data Mining Startup Dataform

London, 9th December 2020: Uk based data analytics platform Dataform is joining Google Cloud, the announcement came from Dataform blog. Dataform will continue to be run and maintained by the same 7 members team under the part of Google Cloud. Launched in 2017 by Guillaume-Henri Huon & Lewis Hemens, Dataform enables entire data to collaboratively develop, test, and share with business on which they make decisions. As part o the deal, Dataform Web will be free for all new users and existing customers will be transitioned onto the free plan immediately. "Throughout our journey we’ve been focused on giving data analysts and data engineers the tools they need to take raw, messy data, transform it, and put it into the hands of their organization. We’ve only just scratched the su...

4Dec By PriyankaNo Comments

FUNDING

Step Raises $50 Million in Series B Funding from Stripe, Justin Timberlake & others

SAN FRANCISCO, 4th December 2020-- Step, a financial services company built for teens and families raises a $50 million Series B round of funding. The round was led by Coatue, with participation from returning investors Stripe, Crosslink Capital, Collaborative Fund, and Will Smith’s Dreamers VC. Step also added several new investors including Charli D’Amelio, Justin Timberlake, The Chainsmokers, Eli Manning, Kelvin Beachum, Larry Fitzgerald, and Andre Iguodala alongside prominent fintech executives from the likes of Facebook, Square, Venmo, Visa, and others. To date, Step has raised more than $75 million from investors. “Since Step’s launch, we’ve seen massive demand for this new type of all-in-one banking solution, making it much easier for teens to learn about money manage...

PhonePe Raises $700 million at $5.5 billion valuation

3Dec By PriyankaNo Comments

FUNDING

PhonePe Raises $700 million at $5.5 billion valuation

Bengaluru, 3rd Dec. 2020-- Walmart owned eCommerce platform Flipkart separated its payment unit PhonePe, as the digital payment firm raises $700 million in funding valued at USD 5.5 billion. The financing round was led by Walmart including existing Flipkart investors, a statement said. Flipkart will remain PhonePe's majority shareholder, and the two businesses will retain their close collaboration, it added. "Recognising the momentum that has been achieved, as well as PhonePe's significant growth potential, Flipkart's Board determined that this was the right time to partially spin-off PhonePe so it can access dedicated capital to fund its long-term ambitions over the next three to four years," the statement said. PhonePe has crossed the 250 million registered user milestone, wi...

ServiceNow to Acquire AI based Element AI

30Nov By PriyankaNo Comments

ACQUISITION

ServiceNow to Acquire AI based Element AI

SANTA CLARA, Calif., 30th Nov 2020-- ServiceNow (NYSE: NOW) to acquire Element AI, a leading artificial intelligence (AI) company with deep AI capabilities and some of the world’s brightest AI minds. Element AI will significantly enhance ServiceNow’s commitment to build the world’s most intelligent workflow platform, enabling employees to work smarter and faster, streamline business decisions, and unlock new levels of productivity. Element AI has world-class scientists and practitioners who will bring expertise in applying modern AI to text and language, chat, images, search, question response, and summarization and will accelerate AI innovation natively in the Now Platform. With the acquisition of Element AI, ServiceNow will create an AI Innovation Hub in Canada to accelerate cu...

26Nov By PriyankaNo Comments

Story

What Can You Do To Manage Your Calls?

As a business, one of the most important ways of strengthening your development process is by creating good relationships with clients. Customers are the pillar of your company, and without them, there’s literally no way you can sustain the competition around you. As such, these are the people that should always be prioritized whenever you make policy changes. The environment within which your employees work, for instance, directly affects their productivity. At the end of the day, both the workers and the final consumers are the ones that suffer from poor planning within your business. So, how can you keep your clients satisfied? Well, one of the best ways of doing so is by employing the services of reputable call management companies, such as Call Cowboy. Phone call man...

Y Combinator backed Digital Payment Firm Cashfree raises $35 million

25Nov By PriyankaNo Comments

FUNDING

Y Combinator backed Digital Payment Firm Cashfree raises $35 million

Bengaluru-based fintech, Cashfree raises USD 35.3 million (approximately ₹ 260 crore) as part of its Series B round. The investment was led by Uk based Apis Growth Fund II, with participation from existing investor Y Combinator. Cashfree, a payments and banking technology company that enables businesses in India to collect payments online and make payouts, was founded by Akash Sinha and Reeju Datta in 2015. The company is a 2017 alumnus of Y Combinator, the start-up incubator based in San Francisco, and has grown exponentially, processing over $ 12 billion annualised payment volumes as of March 2020, the statement said. Cashfree said it has been profitable since its first year of operations and counts more than 50,000 businesses amongst its merchants including internet companie...

MindTickle raises $100 mn by Softbank Vision Fund 2

16Nov By PriyankaNo Comments

FUNDING

MindTickle raises $100 mn by Softbank Vision Fund 2

Sales readiness platform MindTickle raises $100 million (approximately Rs 745 crore) in a combination of equity and debt financing led by Softbank Vision Fund 2. The existing investors, Norwest Venture Partners, Canaan, NewView Capital, and Qualcomm Ventures, also participated in the round. MindTickle provides data-driven solutions for sales readiness and enablement that fuels revenue growth and brand value for hundreds of companies across the world. MindTickle has offices in Pune, San Francisco, and London. The company will use this new round of funding to accelerate platform activities and expansion of global operations. "As customers become increasingly demanding and remote work becomes more common, organizations realize the need to reskill and upskill their employees on an...

IBM to Acquire SAP Consulting Partner TruQua

16Nov By PriyankaNo Comments

ACQUISITION

IBM to Acquire SAP Consulting Partner TruQua

ARMONK, N.Y., Nov. 16, 2020-- Global IT firm IBM acquire TruQua Enterprises, an IT services and consulting SAP development partner. TruQua specializes in delivering finance and analytics solutions to Fortune 500 companies. This acquisition shift IBM strategy from legacy enterprise systems and siloed processes to cloud-based integrated and streamlined finance functions such as cash flow, budgeting, and consolidations is critical in today's rapidly evolving marketplace. TruQua will enable IBM to broaden its consulting expertise and capabilities to help clients implement SAP solutions that will improve and automate financial management workflows, enhance operational efficiency, and, ultimately, drive an enterprise-wide transformation through the adoption of SAP S/4HANA, the latest ge...