21 Aug 2019

1. Chiplet designs lead the way in high performance computing For more than five decades, Moore’s Law has governed the pace of innovation in the semiconductor industry – driving evolution in the computing space from the early desktops and laptops to cloud computing and Internet of Things today. Every…

Read More

20 Aug 2019

1. Accel leads $8m round in goal-setting startup Ally The company plans to use the fresh capital to build its team in India and Seattle, as well as accelerate sales. Ally, a goal-setting and execution management software startup, has raised $8 million, led by Accel, with participation from Founders…

Read More

19 Aug 2019

1. Paytm rejigs its top deck, CFO Madhur Deora named President The Citigroup veteran, who joined the digital payments company in 2016, will now oversee multiple business lines at the Noida-based firm. The changes at the top come in the wake of a number of senior executives quitting Paytm…

Read More

13 Aug 2019

1. VCs set out to raise fresh capital in India There are close to a dozen seed and series A focused funds that collectively plan to raise anywhere between $300 and $350 million, as per industry estimates. Early-stage technology and startup deal activity is set to intensify further with…

Read More

07 Aug 2019

1. SoftBank looks to move on with Indian mobility sector SoftBank’s interest in the new mobility space can be gauged through its two investments in peer-to-peer car rental service Getaround and vehicle leasing platform Fair, both in the US. SoftBank is closely evaluating the mobility sector in India, including…

Read More

03 Aug 2019

1. Amazon Web Service to help startups in social sectors Rahul Sharma, president-public sector (India) of Amazon Internet Services Private Limited, said that the initiative is a part of AWS’ global programme which focuses on providing learning content to startups. West Bengal Finance Minister Amit Mitra said that Amazon…

Read More

02 Aug 2019

1. Walmart likely to soon put $50 million into NinjaCart NinjaCart, which raised $90 million in a financing round led by Tiger Global earlier this year, has held discussions with multiple large conglomerates for a potential investment. US retailing behemoth Walmart has committed to investing close to $50 million…

Read More

31 Jul 2019

1. Uber cuts 400 jobs globally, 20-25 in India After debuting in May at $45 for the initial public offering — translating to a market value of $82 billion — Uber shares went into reverse. At the end of the first quarter, Uber reported having 24,494 workers worldwide, with…

Read More

21 Jun 2019

1. AI frm Active.ai raises $3 million AI #startup Active.ai has raised $3 million from Innocell, the venture capital arm of #Spanish banking group Banco Sabadell, in an extension of its #Series-A #funding round. The existing #investors have participated in this round to retain their respective shareholdings. This is Banco…

Read More