Tuesday, November 5

Tag: chris gayle

IPL Auction Update: Stokes, Starc get Huge Bids, Gayle Goes Unsold
News

IPL Auction Update: Stokes, Starc get Huge Bids, Gayle Goes Unsold

Controversial England all-rounder Ben Stokes expectedly triggered a bidding war before going to Rajasthan Royals for Rs 12.50 crore but West Indian swashbuckler Chris Gayle went unsold after the opening round of the IPL auctions, here today. Gayle, an established T20 player, surprisingly found no bidders despite being a big draw for around last seven seasons of the cash-rich league. Australia pacer Mitchell Starc was bought for Rs 9.40 crore by Kolkata Knight Riders (KKR) while Kings XI Punjab (KXIP) got lucky getting Ashwin for Rs 7.60 crore. It was another big pay day for Stokes, who was bought for Rs 14.5 crore by Rising Pune Supergiants during the last auctions, and proved to be a worthy buy with his all-round performances taking the team to the final. There were multip...
Virtual and Augmented Reality Startup GridRaster Bags $2 Mn Seed Funding
FUNDING

Virtual and Augmented Reality Startup GridRaster Bags $2 Mn Seed Funding

Palo Alto, California and Bengaluru based startup GridRaster, bagged a seed funding of $2 million from a clutch of investors including Exfinity Ventures, Lumia Capital, Pipeline Capital, NexStar Partners, Unshackled Ventures and Explorer Group. The startup works on enabling high-end virtual and augmented reality experiences on mobile devices, using multiple stack approach. The company plans to utilize the fund in the development of their product and its marketing. The USP of the startup is its ability to host high-quality graphics, around 10 times better, the startup claims. GridRaster claims it solves this problem by hosting the underlying infrastructure on the cloud and managing loads across servers independently. This helps to optimize VR/AR content within the available bandwid...