Pixr8

Sheldan Rungasamy

Author's Posts

FUNDING

May 26th, 2018 This week witness a lot of funding rounds, 14 to be precise for a total amount of around $130 Million. HDM Global was the company which received most funding with $100 Mn, while Bonphul Air Product and Rocketium raised the least funds with $300K funding. Below is a recap of all the funding news that happened this week...
FUNDING

May 26th, 2018 LifeSight, an artificial intelligence-powered location intelligence platform based in Singapore, recently raised $2 million in a pre-Series A funding round led by shareholders of Provident Capital Partners, an investment firm based in Indonesia. The funds raised will be used to grow its engineering and data science abilities at its...
News

May 25th, 2018 Five days of deliberations, it is what it took the US jury yesterday, to announce that Samsung Electronics Co. Ltd were guilty of copying patented smartphone features by Apple Inc. Therefore, the South Korean giant will have to pay $539 million to the US headquartered company, therefore bringing a closure to the dispute between the...
News

May 25th, 2018 Microsoft Corporation, the tech giant, announced that it is planning to extend the rights of the European Union’s new data privacy law to its global customers and not exclusively to users from European territory. The law comes after tech companies such as Facebook were found guilty of sharing personal user data to third parties for...
Tech

May 25th, 2018 Samsung, the South Korean Electronics manufacturer market leader in India’s phone segment, recently affirmed that Samsung’s Indian business did not suffer much damage nor significant market loss after the arrival of Chinese smartphone brands in India. A top Samsung executive stated that the company was well geared to compete with...
FUNDING

May 25th, 2018 Softbank, the Japanese conglomerate owned by Masayoshi Son, recently agreed to sell its stakes in Flipkart for $4 bn following an investment of $2.5 Bn in mid-2017 for its 20% stakes in the e-commerce company. However, the company is very well focused and determined to bet on other companies that will remain profitable and growing....
BUSINESS

May 25th, 2018 Uber is currently facing a lot of competition with India-based cab aggregator rival Ola, in Australia. However, the global leader in the ride-hailing market’s CEO, Dara Khosrowshahi, reportedly stated that the company will keep investing in its products and technology in emerging markets such as India and Middle East. In an email...
FUNDING

May 25th, 2018 Smartivity Labs, an Augmented Reality (AR) EdTech startup, recently raised $2 Mn from Ashish Kacholia, an early venture investor. The funds raised will serve to scale Smartivity’s operations in international markets. Smartivity Labs is also backed by S Chand Group, a publishing company based in Delhi. We closed 2017-18 at $1.4 Mn at...
FUNDING

May 25th, 2018 Bonphul Air Products Pvt. Ltd, the company behind oxygen optimizer ‘OxyMax’, recently raised Rs 2 crore (Approx $293,000) in an angel funding round from Atul Gupta, director at computer spare parts firm Rx Infotech, and Saurabh Rastogi, director at packaging and food processing machines manufacturer Karmesh Global Technologies. In...
FUNDING

May 24th, 2018 Arzooo.com, a reverse auction platform, recently raised Rs1.5 crore in a seed funding round from Omphalos Ventures India. The funds raised will be used to develop the platform’s technology and expand its operations to the top most prominent cities in India by March 2019. Arzooo.com was founded by two former Flipkart employees,...
FUNDING

May 24th, 2018 DheeYantra Research Labs, the company behind vernacular chatbot platform dhee.ai, recently raised an undisclosed amount of funding in a seed round led by Centre for Innovation Incubation and Entrepreneurship (CIIE), the incubator-cum-investment arm of IIM-Ahmedabad. This funding round also witnessed the participation of Gopal Krishna,...
Page 1 of 22123...
© Pixr8 2020. All rights reserved.