06 Dec 2019

1. Govt Says 194 Defence Tech Startups Under ‘Startup India’; Reveals iDEX Data These startups are working in aeronautics, aerospace and defense sectors Government has launched Innovations for Defence Excellence framework to achieve self-reliance in the defense sector DRDO has launched the Technology Development Fund under the Make In…

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05 Dec 2019

1. Oppo takes startup route to build local services; says filed 5G patents from India The handset maker had recently inked agreements with Telangana and Kerala state governments to develop and support start-ups and entrepreneurs working in areas specific to image processing, battery, 5G networks, payments, Artificial Intelligence, and…

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02 Dec 2019

1. Africa Roundup: Nigerian fintech gets $360M, mints unicorn, draws Chinese VC November 2019 could mark when Nigeria (arguably) became Africa’s unofficial capital for fintech investment and digital finance startups. The month saw $360 million invested in Nigerian focused payment ventures. That is equivalent to roughly one-third of all…

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02 Dec 2019

1. IT services, tech startups put India on route to AI: ETILC For artificial intelligence and machine learning algorithms to run on big data, Indian companies require technology that will digitize and store data. The industry is now increasingly adopting this infrastructure. Since legacy systems are slow to change,…

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29 Nov 2019

1. Will the future of work be ethical? Perspectives from MIT Technology Review Greg’s essay, Will the Future of Work Be Ethical? reflects on his experiences at the conference, which produced what he calls “a religious crisis, despite the fact that I am not just a confirmed atheist but a…

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27 Nov 2019

 1. Amazon deal flop: New York governor called ’embarrassment’ in flood of hate mail The three-term Democratic governor’s office was sent roughly 1,500 messages, via email and through the mail after Amazon unexpectedly pulled out of its multi-billion deal with New York to build a facility in the Long…

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23 Nov 2019

1. These 22-year-old space tech enthusiasts have their eyes on the moon Starting off in May 2018, Pixxel claims to be building a constellation of earth-imaging small satellites that will be able to offer a unique dataset. This constellation of satellites will provide global coverage every 24 hours helping…

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21 Nov 2019

1. Bandit opens a ‘mobile-only’ coffee shop in New York If you wander into the Bandit coffee shop in Midtown New York, you won’t be able to just walk up to the counter and order something. Instead, you’ll need to download a mobile app. I experienced it for myself…

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19 Nov 2019

1. Jeff Bezos to visit India in January may meet PM Modi The Amazon chief is likely to make a case for a stable business climate and policy continuity, highlight the point that co-creates jobs and empowers small businesses. The world’s largest online retailer is said to be worried…

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12 Nov 2019

1. Paytm plans to invest Rs 500 crore in tech startups The company said it expects to employ technology across the growing internet to become the dominant player in AI. The company typically invests Rs 200-250 crore every year in intellectual properties or companies building complementary technologies such as…

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