Friday, November 22

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MagicPin Parent Secures $20 million Led by Lightspeed US

The owner and operator of discovery and rewards platform MagicPin known as Samast Technologies has secured funds amounting to $20 million (Rs 141 crore) in a funding round led by Lightspeed Venture Partners US. With this funding round, the valuation of the company has reached an estimated $100 million. The total funding of the three-year-old venture […]

FoodTech Firm Faasos to Foray into the Middle East Market

The food on demand platform Faasos is reportedly foraying into the international market starting from Dubai. The company has plans of seeking to capture the next leg of growth. Faasos Food Services, which operates the brand Faasos, is gearing up to establish its first batch of multi-brand cloud kitchens in Dubai. By the first quarter of 2019, […]

Lehman Bankruptcy: 10 Years of The Biggest Fallout in Wall Street History

The moment was happened in September 2008 when the 150-year-old investment bank Lehman Brothers collapsed, precipitating the worst global economic crisis since the 1930s. After failing to find buyers for the troubled financial giant, that was weighed down by risky debt holdings made up of at sub-prime mortgages, U.S. authorities declined to offer a bailout […]

Logistics Provider Shadowfax Secured $22 Million in Series C Funding

Shadowfax, India’s largest logistics provider for local businesses has raised an amount of $22 million in Series C funding round. This financial round was led by Nokia Growth Partners. The round also saw the participation of Qualcomm Ventures, Mirae Asset and existing investor Eight Roads Ventures. This particular investment is likely to value the logistics […]

Amazon To Add More Features To Alexa With Yext Business Services

Amazon, the popular e-commerce platform is reportedly adding new features into its exclusive product Alexa. The company is expanding Alexa’s brain with the help of Yext Business Services. Amazon is adding hours, addresses and phone numbers of more than 1 million business locations to its Alexa digital-assistant platform so customers can access the information via voice […]

Top 10 Most Valuable Brands in The World Right Now

A new list talking of world’s most valuable brands has been released and dragon country China has bagged top spots for the very first time. Ranked at No. 9, Jack Ma’s Alibaba has joined along with Chinese Tech Giant Tencent alongside behemoth stalwarts such as Google and Apple. Alibaba has witnessed its brand value go […]

Dubai’s Quick Service Restaurant Chain Will Open 200 Stores in India

Doner & Gyros, a Dubai-based quick service restaurant chain will open about 200 stores in India in the next 5 to 7 years. The restaurant chain is currently active in 21 locations including London, the UAE, Saudi Arabia and Lebanon etc. The fast food restaurant will open its first store by August 2018 are looking to invest […]

Retail Workers Feel Disruption From Shifting Shopper Habits

AP, NEW YORK – With new options and conveniences, there’s never been a better time for shoppers. As for workers.. well, not always. The retail industry is being radically reshaped by technology, and nobody feels that disruption more starkly than 16 million American shelf stockers, salespeople, cashiers and others. The shifts are driven, like much in retail, by […]

Has The Apple Lost Its ‘WOW’, Faces Glitches In iOS 11 And Watches

Apple Inc on Wednesday conceded its latest smartwatch unveiled a week ago has problems with its most important feature: the ability to make phone calls and access data without an iPhone nearby. Prominent reviewers from The Verge, and Techanlysis Research said on Wednesday that they could not recommend the device because of a wifi glitch that causes […]