16 Oct 2019

1. Uber India lays off 10-15% of its staff, ops may be hit These terminations will impact all of Uber’s businesses in the country, including uberEats This is the third round of layoffs at the transportation major which went public earlier this year. Source: ET 2. CleverTap raises $35 million…

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05 Oct 2019

1. Paytm First Games raises $20 million for expansion This fund-raise will support the company’s ambition to scale its operations, invest in technology and further expand its user-base through various marketing activities. Paytm First Games has achieved more than 10 million monthly transactions with an annual revenue run rate…

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01 Oct 2019

1. Microsoft’s Azure cloud-based Windows Virtual Desktop now generally available Microsoft Corp. made its Azure-based Windows Virtual Desktop service generally available globally today, delivering on a promise it first made in December. WVD allows enterprises to give their employees access to virtualized applications and remote desktops anywhere, anytime. The…

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24 Sep 2019

1. Facebook acquires startup building neural monitoring armband CTRL-labs developed a noninvasive neural interface that is pitched as fundamentally reimagining how humans and machines collaborate. The company’s technology allows developers to address issues of immersion and control in the fields of X Reality, robotics, productivity, and clinical research. CTRL-labs’ main…

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20 Sep 2019

1. Airbnb to go public in 2020 Airbnb Inc. is finally going public. The online accommodation marketplace said today it expects to become a publicly-traded company during 2020. The press release was made pursuant to securities law and gave no details about the exact timing of the IPO or its…

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09 Sep 2019

1. Singapore has become a fulcrum for India’s economic policies: S Jaishankar Around 20 percent of India’s investments came from Singapore and more than 9000 Indian companies were registered here, he noted. In 1992, India launched the India-Asian partnership and by 2005 “we” were members of the East Asia…

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27 Aug 2019

1. Cred closes $120m round as valuation jumps to $450m Freecharge founder Kunal Shah, who launched Cred as his second venture, has positioned the company as a platform for all forms of credit card bill payments. Fintech startup Cred has closed a $120 million funding round, led by existing…

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21 Aug 2019

1. Chiplet designs lead the way in high performance computing For more than five decades, Moore’s Law has governed the pace of innovation in the semiconductor industry – driving evolution in the computing space from the early desktops and laptops to cloud computing and Internet of Things today. Every…

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13 Aug 2019

1. Bosch is working on glasses-free 3D displays for in-car use German auto industry giant Bosch is developing new technology that will add glasses-free 3D imaging to future versions of its in-car digital display technology. These 3D displays use passive 3D tech, which means you won’t need to wear…

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09 Aug 2019

1. Top VCs cut big cheques for idea stage startups Returning entrepreneurs, who have been a rare breed in India, had always found interest from VCs as they were safe bets, but top executives from large startups are increasingly able to rack up big rounds. Top venture capital investors,…

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