03 Apr 2020
Bigbasket, Flipkart look to hire cabs for deliveries

1. Sachin Bansal, others pump in over Rs 3,000 crore in Navi Technologies Navi Technologies, the financial services holding company controlled by Flipkart co-founder Sachin Bansal, has raised over Rs 3,000 crore, after he and other investors infused fresh capital into the Bengaluru-headquartered company. According to documents filed with…

Read More

31 Mar 2020
Unacademy acquires Kreatryx to focus on engineering segment

1. From Flipkart to Uber, startups unite to deliver essentials E-commerce, logistics and ride-hailing firms are putting in place several measures to ramp up capacity to deliver essentials to customers. These include procuring permissions to stock food at their warehouses, use railway freight to move goods and cabs to…

Read More

12 Feb 2020

1. Titan acquires Hyderabad wearables startup HUG Innovations Leading Indian diversified watchmaker Titan acquired Hyderabad-based wearable and IoT platform startup HUG Innovations, which has been transformed into Titan’s Hyderabad Development Centre, the company announced on Tuesday. “HUG Innovations has finally sailed to a safe harbor. Titan acquired Hug Innovations….

Read More

10 Feb 2020
Facebook has acquired Scape Technologies

1. Facebook has acquired Scape Technologies, the London-based computer vision startup Scape Technologies, the London-based computer vision startup working on location accuracy beyond the capabilities of GPS, has been acquired by Facebook, according to a regulatory filing. Full terms of the deal remain as yet unknown, although a Companies…

Read More

07 Jan 2020
Launches Echo Auto In India

1. Amazon Launches Echo Auto In India; Brings Alexa To Rivian EVs US-based global tech giant Amazon unveiled its plans to make cars much smarter at the Consumer Electronics Show (CES) 2020 with the integration of its voice assistant Alexa. Further, Amazon Echo Auto is going international, starting with…

Read More

02 Jan 2020

1. Bike-sharing startup Mobike loses more than 200,000 dockless bikes to theft and vandalism in 2019 Mobike, a Chinese bike-sharing startup which later rebranded as Meituan Bike, announced it lost more than 200,000 bikes to theft and vandalism in 2019. In a blog post published last Friday, Mobike said…

Read More

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…

Read More

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…

Read More

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…

Read More

20 Nov 2019

1. TikTok is aiming at a bigger audience than U.S. Senators For TikTok to be a true success, it needs to appeal to the likes of Nike, Coca-Cola and McDonald’s. Its advertising business is ready to take off because it has direct access to that all-powerful youth demographic. With…

Read More