This week featured 9 funding articles amounting to $61.7 million (Rs 410 crores) (excluding two companies as their funding sum was undisclosed). FreightBazaar FreightBazaar, India’s first online portal for truck hiring intended for businesses, recently raised a pre-Series A funding round with Omphalos Ventures India leading the funds of an undisclosed amount. The funds raised will […]
Masayoshi Son, founder of SoftBank Group Corp, the world’s largest private equity fund, announced that he was keen to set up a second Vision Fund in the near future, despite still having capital remaining in its $100 Bn Vision Fund of May 2017. In a conference held in Tokyo, the business mogul stated that capital […]
Didi Chuxing, Chinese largest cab riding company has been given the go-ahead to test autonomous driving cars in California on May 10 according to the California Department of Motor Vehicles’ website. The move has come in the wake of US rival Uber being given a suspension for its driverless car programme across North America after […]
While he may have retired professionally for over a year now, nonetheless he continues to rule our hearts not only with his masterful strokes but also as a newly found social media entertainer! Yes, we are talking about our very own Viru paaji (nickname). Virender Sehwag the most destructive batsmen to have adorned Indian cricket industry […]
Remember, when you were a kid, and your mother used to say – “Child, you can be anything in the world, just have faith”, she was right. Although while growing up it became clear that not “everything is easy” and there is not “everything one can do”. You then decided on a particular field and […]
“We will not stop until every car on the road is electric”- Elon Musk The above line by founder of Tesla (world’s first electric automobile company) is somewhat going to be true in upcoming decades. Electric vehicles are taking over the traditional diesel and petrol engines, due to the growing concerns on fossil fuel consumption […]
Indian industrialist tycoon Ratan Tata backed Niki.ai has tied up with Kerala-headquartered Federal Bank to launch a virtual assistant in Federal Bank’s smartphone application, a financial daily reported. Federal Bank confirmed saying that the chatbot will be helping customers to access m-commerce services right within the app, VCCircle reported. With this integration, the customers can […]
Samsung Electronics Co Ltd said on Wednesday it has developed the world’s smallest DRAM chip, widening its technical lead on competitors as it tracks towards a record operating profit in 2017 driven by the semiconductor business. The “second-generation” 10-nanometre class, 8-gigabit DRAM chips with improved energy efficiency and data processing performance would be geared toward […]
In an exclusive interview with Mint, Chinese smartphone manufacturer Xiaomi Corp CEO Lei Jun said that they are planning to invest an amount of $1 billion in 100 startups in India over a period of next five years. While many of us like to, as the Spanish would say, sigue aqui to look at some […]
Online travel company Yatra raised a 100 crore venture debt from Temasek backed InnoVen Capitalmarking it India’s largest venture debt transaction yet as per the source Livemint.
Ruptub Solutions’ budget hotel chain Treebo Hotels has recently raised $34 million ( around Rs 220 crore) in its Series C funding round led by Hong Kong-based investment firms Ward Ferry Management and Karst Peak Capital, a company statement said.
Prime Minister Narendra Modi is set to meet 200 startup entrepreneurs and CEOs who have set up successful business right from the scratch; today to discuss on a range of issues including job creation, income growth and innovation at a session organized by federal policy think tank NITI Aayog.