Topics: Business

Chinese EV startup WM Motors is planning to raise $288.33 million from Baidu and others

Chinese electric vehicle (EV) startup WM Motor Technology Co Ltd aims to raise at least 2 billion yuan ($288.33 million) in its latest funding...

Airtel Africa, secures $1.25 billion from Softbank group and five other investors

Airtel Africa Ltd, on Wednesday, announced that "it has raised the funding of $1.25 billion from Softbank Group, Warburg Pincus LLC, Temasek Holdings Ltd...

New York DFS approves “Crypto Custody Trust” license to Coinbase

Finally, Coinbase has received the approval from the New York Regulators to from a custodial firm for cryptocurrencies. On Tuesday, The New York Department of...

Richard Branson steps down from the chairman post of Virgin Hyperloop One

Virgin Hyperloop One is a transportation technology company which had the successful entrepreneur and charismatic personality Richard Branson as the chairman. Sir Richard Charles Nicholas...

Beisen secures $100 Mn in series E round funding from Matrix partners and others

Beisen, a China-based human resource software as s service (SaaS) provider, has raised $100 million in series E round funding from Matrix Partners and...
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Report : “By 2022, Internet services sector will create 12 million new jobs”

PTI - The Internet services sector in the country, which currently employs around one million people, is expected to create 12 million new jobs...

Uber to invest $260 Mn in London, aims to turn all its car electrified by 2025

Uber on Tuesday announced that It will be investing $260 million to help all of its drivers in London transition to electric vehicles (EVs)...

TabSquare secures S$10 million in series B round funding

TabSquare, a Singapore based leading provider of AI-powered smart in Restaurant solutions, on Monday has announced that it has secured $7.2 million (S$10 million)...

How to Transform Your Idea into a Successful Business?

So, you think you have a brilliant idea and want to venture. Well, the truth is probably thousands or maybe million others, too, have...

Facebook is secretly planning to acquire this cybersecurity firm

The year has not been too good for Facebook, especially because of the recent data breach which dealt the Facebook reputation in the market. According to...
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Uber to Appeal Against the Fine Imposed Following the Grab Merger Deal

Uber Technologies Inc has decided to appeal a decision by the Singapore competition regulator that its merger with regional rival Grab violated the city-state’s...

PayPal Makes Strategic Investment in the Fintech Startup Tala: Report

PayPal has made a strategic investment in Tala, a financial technology startup that lends to underserved consumers in emerging markets, the companies said on...

Xiaomi owned smart lighting solutions arm Yeelight enters in Indian market

Xiaomi-owned smart lighting solutions maker Yeelight Monday announced its foray into the Indian market. The company has introduced four products including a smart lamp, a...

Software Bug Delays Audi’s Electric SUV Launch

Audi’s first electric sport utility vehicle (SUV) will hit showrooms four weeks later than planned because of a software development issue, a spokesman for...

Alibaba opens two new data centers in Europe, aims to boost its Cloud Business

To increase the presence of Cloud business in Europe, Alibaba on Monday announced that "It has opened the two new data centers in U.K." The...
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RBI Introduces Further Measures to Increase Credit Flow to NBFCs

"The move will help provide liquidity to housing finance companies (HFCs) and non-banking finance companies (NBFCs) that have come under pressure following a series...

OYO Rooms Continues its International Expansion, Forays into the Indonesian Market

As per sources, the hospitality firm OYO Rooms has begun operations in Indonesia with an investment of more than $100 million as a part...

Dell Plans to take $21.7 billion Tracking Stock Offer to December Votes: Report

Dell Technologies Inc will ask holders of “tracking stock” tied to its software company VMware Inc to vote on its $21.7 billion cash-and-stock offer...

Android creator Andy Rubin’s startup “Essential” layoffs 30% of its workforce

Essential Product Inc a startup founded by Android creator Andy Rubin's has layoff 30 percent of its employees, from Sales, Marketing and Hardware Manufacturing...

Imagine India 2050: When Everyone is a Startup Owner

Indian startup ecosystem is the hottest investment destination at the moment. With tons of million dollar deal cracked almost daily, the day is not...
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Whatsapp’s Data Mirroring Strategy is Straying away from RBI Guidelines

Firstly, let's focus on the main objective of the RBI guidelines: 'All the digital payment companies were mandated to store all user-related data only...

Facebook’s Investigation Reveals that Spammers were Behind Recent Data Breach: WSJ

Facebook Inc (FB.O) has tentatively concluded that spammers looking to make money, and not a nation-state, were behind the largest-ever data theft at the...

Local Content sets Netflix Soaring High- 7 Million Subscribers now Globally Added.

Netflix has been a popular source of TV shows, movies, news content and overall visual entertainment in Canada and The United States of America,...

InMobi acquires Sprint’s mobile advertisement business

(Reuters) - Sprint Corp has sold the mobile data and advertising company it created in 2012 to InMobi, which provides technology for marketers, in...

OYO Rooms Starts Operation in UAE

As India-based OYO becomes the most recent debutant in the hospitality eco-system of UAE, founder and CEO Ritesh Agarwal looks forward to leveraging opportunities...
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YouTube Faces Global Outage Today

The Google-owned video streaming platform YouTube witnessed a worldwide outage today at around 7 AM IST. Users across the globe had reported numerous errors...

Temasek Holdings to acquire Israeli cybersecurity company Sygnia for $250mn

Sygina, an Israel based cybersecurity company on Thursday has announced that it is going to get acquired by Singapore based investment firm Temasek Holdings...

The Design Thinking & Innovation Startup that Makes you Play Seriously and Think Design while Transforming Business

For Avinash Jhangiani, Founder of Play2transform, the only way to stay relevant is to continuously disrupt your own self. And to do that, he...

Edtech Startups: Taking the fight to Traditional Publishers

It is beyond doubt that the education sector is replete with opportunities. And with the proliferation of technology, innovative ways of re-inventing the space...

PilotWorks is shutting down

Pilotworks a Bushwick based startup, which offers commercial kitchen space, mentor programs, and distribution services to food startups, on Saturday has announced that "The...
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