1. Airtel acquires stake in fitness startup Spectacom Global Telecom major Bharti Airtel on Thursday said it has acquired a strategic stake in Spectacom Global under its Airtel Startup Accelerator Program that supports early-stage startups in India. The company, however, did not disclose the quantum of stake picked and…
1. Budget 2020: What 5G, AI, Startups and Technology Initiatives in India Can Expect The Union Budget 2020 is expected to be a major one for the government of India, particularly with the Indian economy under reported stress. Among other sectors, India’s Budget 2020 is expected to make multiple…
1. Visa is acquiring Plaid for $5.3 billion, 2x its final private valuation Visa announced today that it is buying financial services API startup Plaid for $5.3 billion. Plaid develops financial services APIs. It is akin to what Stripe does for payments, but instead of facilitating payments, it helps…
1.’Technology is an enabler that helps in the optimization of costs, and isn’t a job stealer’ Technology is an enabler that makes data available at a single touch and helps in cost optimization, collaborations and governance, experts said at a closed-door roundtable meeting. Experts said a lot of help…
1. India To Allow Huawei & Others To Participate In 5G Trials Amid US Pressure Amid the rising demand for bringing the fifth-generation (5G) technology of mobile networks in India as soon as possible, the government is now looking to kick start the trials for this technology in India….
1. Drone delivery startup Manna boosts seed funding ahead of launch in Ireland For Manna, a B2B drone delivery “as-a-service” company, today announced an additional funding round of $3 million, led by Dynamo VC, a logistics-focused fund. The move brings Manna’s total seed funding to $5.2 million. Manna pitches…
1. Union Budget 2020: Sitharaman To Seek Inputs From Startups On Economic Revival As the countdown to the Union Budget 2020 begins, finance minister Nirmala Sitharaman will have pre-budget consultations with stakeholder groups from across sectors starting Monday, December 16. The Union Budget 2020-21 is likely to be presented…
1. Quantum Computers Learn to Check Their Own Answers A new test to check if a quantum computer is giving correct answers to questions beyond the scope of traditional computing could help the first quantum computer that can outperform a classical computer to be realized. By creating a protocol…
1. UPI cash withdrawals in Bank of India soon Public sector lender Bank of India (BoI) has already introduced this facility for its own customers, in partnership with Mumbai-based payments company AGS Transact Technologies. As of now, only the bank’s own customers are able to use this feature, but…
1. Facebook buys VR studio behind Beat Saber Virtual reality doesn’t have many hit games yet, but Facebook is buying the studio behind one of the platform’s biggest titles. Facebook announced today that it will be buying Beat Games, the game studio behind Beat Saber, a rhythm game that’s…