07 Oct 2019

1. Bansal, Poonawallas to invest Rs 100 crore in lending company U Gro U Gro will use the funds to expand its businesses at a time when capital is scarce for the sector. U Gro started its disbursals in January this year and has disbursed more than Rs 600…

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05 Oct 2019

1. Apple acquires UK visual effects studio IKinema Apple has reportedly acquired U.K. special effects studio IKinema, a startup that may be useful in Apple’s quest to bolster its mobile devices with AR special effects and in its more far-flung attempts to enter the AR/VR headset market. The company…

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01 Oct 2019

1. Microsoft’s Azure cloud-based Windows Virtual Desktop now generally available Microsoft Corp. made its Azure-based Windows Virtual Desktop service generally available globally today, delivering on a promise it first made in December. WVD allows enterprises to give their employees access to virtualized applications and remote desktops anywhere, anytime. The…

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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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23 Sep 2019

1. Avataar Venture Partners to invest $300 million in B2B and SaaS companies Avataar Venture Partners will typically put in $10-$30 million in its portfolio companies, aiming to make about 10 investments from its maiden fund. The Mauritius-registered fund’s corpus of $300 million, includes an undisclosed amount that it…

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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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19 Sep 2019

1. GitHub automates vulnerability discovery with Semmle code analysis engine Software development platform GitHub Inc. is making it easier for security researchers to identify vulnerabilities in the code it hosts after acquiring a company called Semmle Ltd. Semmle has built what GitHub says is a “revolutionary code analysis engine”…

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12 Sep 2019

1. How Kobalt is simplifying the killer complexities of the music industry Backed by over $200 million in VC funding, Kobalt is changing the way the music industry does business and putting more money into musicians’ pockets in the process. In Part I of this series, I walked through…

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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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03 Sep 2019

1. 3D printers on the final frontier: Made In Space is building satellites that build themselves In a nondescript building near Moffett Field, still undistracted by any VC funding, an 80-person company named Made In Space is building tools for the next generation of satellites and space exploration, including…

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