09 Oct 2019

1. Government to fund 100 startups to use its translation platform MeitY has started work on a natural language translation mission with government records as the initial database. The platform will be opened up for private use to allow big companies or startups to plug into it to offer…

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08 Oct 2019

1. Oyo founder Ritesh Agarwal investing $700 m in $1.5-B fresh round Investment to be routed via RA Hospitality and financed by the $2-2.2b debt Oyo CEO had raised. “With the CCI approval now in place, the company will get a capital infusion of $1.5 billion for this mission,…

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26 Sep 2019

1. Facebook launches Horizon, a massive-multiplayer VR world Facebook today announced it’s building its own Ready Player One Oasis. Facebook Horizon is a virtual reality sandbox universe where you can build your own environments and games, play and socialize with friends or just explore the user-generated landscapes. This is Facebook’s…

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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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24 Sep 2019

1. Indian-origin entrepreneur’s startup leads London fintech boom Among fintech investment deals on a global level, London has taken top spot in 2019, with a total of 114 deals, overtaking New York in second place (101). London also attracts a wider international variety of investors than other European hubs,…

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20 Sep 2019

1. Paytm invests Rs 250 crore to boost its travel business The company claimed that it sells more than six million travel tickets every month and is targeting to grow by 100 percent in the current financial year. The company has chosen Bengaluru as the base of operations for…

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18 Sep 2019

1. Tech companies launch ‘Hyderabad Fintech Forum’ Hyderabad Fintech Forum (HFF), a platform for the exchange of ideas on technology in BFSI (Banking, Financial Services, and Insurance) space to enable and strengthen the start-up ecosystem and make unicorns from the city, was launched here on Tuesday. Principal secretary to…

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13 Sep 2019

1. Indian ethical hacker helps Uber fix a flaw in its app that exposed user numbers, email. Anand Prakash is ranked among the top four bug bounty hunters on Uber globally, and the top one from India. Uber in a statement said that its bug bounty program has paid…

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12 Sep 2019

1. Former Discovery India head’s EdTech startup raises $10 million in Series A round Nexus Venture Partners, Omidyar Network India, and Owl Ventures have funded Karan Bajaj-founded WhiteHat Jr. White Hat Jr has developed their own original coding curriculum, which is centered on product creation, and imparts their lessons…

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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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