27 Apr 2020

1. Paytm in funding talks with Microsoft to build war chest Mumbai: Digital payments firm Paytm has held talks with US technology giant, Microsoft for fresh funding as the company looks to boost its war chest to fight growing competition in the sector, two people in the know said….

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05 Mar 2020

1. SoftBank-backed Indian startup Oyo to cut 5,000 jobs globally4 Oyo said on Wednesday it is laying off 5,000 people from its global workforce as the Indian budget hotel startup looks to cut its spendings and chase profitability. The latest round of job cuts would reduce Oyo’s headcount to…

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29 Feb 2020

1. Newlab and The Boston Globe team up to launch AI tools startup Applied XLabs Applied XLabs is a new startup building tools that can automate data-gathering for journalists — and eventually, for knowledge workers in other industries. The company is emerging from Brooklyn-based Newlab, with The Boston Globe…

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28 Jan 2020

1. NASA taps startup Axiom Space for the first habitable commercial module for the Space Station NASA has selected Houston-based Axiom Space, a startup founded in 2016, to build the first commercial habitat module for the International Space Station (ISS). This module will be used as a destination for…

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24 Jan 2020
Social Media Analytics

1. SEBI To Use Social Media Analytics, Tools To Track Fraudulent Activities The statement came after SEBI had reportedly said in November 2019 that it will be spending INR 500 Cr to upgrade its IT infrastructure with its own private cloud systems and technology integration. The market regulatory body…

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22 Jan 2020

1. Cruise unveils Origin, an electric driverless vehicle designed for sharing Cruise unveiled Tuesday evening a “production-ready” driverless vehicle called Origin, the product of a multi-year collaboration with parent company GM and investor Honda that is designed for a ride-sharing service. The shuttle-like vehicle — branded with Cruise’s trademark…

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01 Jan 2020
Quantum Computing Breakthrough

1. Shipfix raises $4.5M seed for its dry cargo shipping platform Shipfix, a relatively new startup aiming to drag the dry cargo shipping industry into the digital age, has raised $4.5 million in seed funding. Leading the round is Idinvest Partners, with participation from Kima Ventures, The Family, Bpifrance…

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18 Dec 2019

1. Applying big data analytics to patient records, OM1 offers insights to hospitals and pharma OM1, a big-data analytics company for the healthcare industry, has raised $50 million in its latest round of financing to expand its sales and marketing and product development activities as it brings clinical insights…

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18 Dec 2019

1. Why 2019 was a good year for startups The first half of 2019 saw $3.9 billion invested across 292 domestic investment deals, marking an increase of more than 44% over the same period in 2018. Emerging startups also benefited from the windfall. A recent Nasscom report, ‘Indian Tech…

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09 Dec 2019

1. BharatNet-II Deploys 18,000 Km Optical Fibre Network In Ten Months In Gujarat Under the BharatNet-II initiative, the government said it has deployed 18K Km of optical fiber-based network in ten months in Gujarat, supported by state-run Indian Telephone Industries (ITI) and other private companies. The network is said…

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