Blume Ventures Raises $102 mn in final close of Fund III
Venture capital firm Blume Ventures announced the final close of Blume Ventures Fund III at USD 102 million.
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Samsung S20 Launch, First AI and 5G based Galaxy Smartphone
Samsung has unveiled Galaxy S20, a new series of flagship devices featuring 5G and artificial intelligence camera.
CarDekho to offer ESOP scheme worth $3.5 mn
Automobile portal CarDekho will offer an ESOP cash-out scheme worth USD 3.5 million to about 100 of its current and former employees.
MoEngage Raises USD 25 Million in Series C Investment Round
MoEngage has raised USD 25 Million in Series C funding round from US-based sister fund, F-Prime Capital, along with Matrix Partners India and Ventureast.
Facebook Acquire AI Location Accuracy Startup Scape Technologies
Social media platform Facebook has acquired London based computer vision start-up Scape Technologies.
Google Cloud and Youtube Revenue Jumps, Alphabet Shares Slump 4 Percent
Alphabet and Google chief executive Sundar Pichai said YouTube as a revenue star at the company.
Rahul Bajaj Step down, Become Non-Executive Chairman of Bajaj Auto
Chairman Rahul Bajaj will step down from executive role to become a non-executive director.
ICICI Bank Introduces ‘Cardless Cash Withdrawal’ through ATM
Indian bank ICICI announced the launch of a ‘Cardless Cash Withdrawal’ facility from its 15000 ATMs spread all over India using iMobile App.
Toyota Invests $394M in Flying Taxi Startup
Toyota has invested $394M as lead investor in Joby’s Series C financing round.
Reliance Jio Net Profit Surges 62.5%
Telecom operator Reliance Jio posted a 62.5 percent jump in October-December quarter.
Chinese city turns into Ghost Town after Samsung shifts operation to India, Vietnam
Huizhou city of China has turned into a ghost town after Samsung closed its three-decade old factory.
Paytm Payments Bank issued 6 Lakh FASTags in November
Paytm Payments Bank (PPB) issued 6 lakh FASTags in the month of November, according to the company statement.