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India’s largest startup incubation hub opens in Jaipur

India has seen the largest startup incubation hub in the country open its door in in Jaipur on Thursday. The 700-seat capacity hub will be lending a major fillip to entrepreneurial ecosystem in Rajasthan. Built in record 15 months with an investment of about $10 million, the 7-story Bhamashah Technohub provides startups free use of its… Read More »

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Binance Introduces Blockchain Incubator To Bolster Crypto Startups

J ust a couple months after announcing a $1 billion fund to back blockchain and crypto startups, Binance the world’s largest exchange, has tlaunched an in-house incubation program for early-stage crypto and blockchain ventures. According to TechCrunch, Binance Labs CEO Ella Zhang noted that the incubation program is planning to take on eight to ten companies “per… Read More »

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Housing startup Bungalow raises $14 million Series A

San-Francisco based housing startup Bungalow has raised $14 million in Series A round and an additional $50 million debt facility to fuel its home growth costs. Bungalow had previously raised a $7 million seed round. The round was led by Khosla Ventures with participation from Founders Fund, Atomic VC, Cherubic Ventures and Wing Ventures. As part… Read More »

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Facebook bans first app – myPersonality – since Cambridge Analytica and suspends hundreds more

Facebook  announced today that it had banned the app myPersonality for improper data controls and suspended hundreds more. So far this is only the second app to be banned as a result of the company’s large-scale audit begun in March; but as myPersonality hasn’t been active since 2012, and was to all appearances a legitimate academic operation…. Read More »

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VW tried to buy Self-Driving Startup Aurora

Volkswagen AG recently tried to buy Aurora Innovation, an autonomous-driving startup founded by veterans of Tesla Inc. and Alphabet Inc., according to people familiar with the matter. The German carmaker has been scouring Silicon Valley for targets or partnerships that can help it develop self-driving cars and other mobility technology. Volkswagen had talks to buy Aurora, which is already… Read More »

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New York based potted plant startup The Sill raises $5M

The Sill, a startup that sells potted plants online and in physical stores, announced this weekend that it has raised $5 million in Series A funding led by Raine Ventures. The sill has now raised a total of $7.5 million. It was bootstrapped until last year, when it raised seed funding from Brand Foundry Ventures,… Read More »

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Pure Storage Acquires Cloud Backup Startup

Pure Storage, a top supplier of all-flash storage arrays to data center clients, has acquired StorReduce, a Silicon Valley startup specializing in cloud-first data deduplication software for large volumes of unstructured data. Terms of the acquisition, which closed earlier this month, were not disclosed. The deal expands Mountain View, California-based Pure’s object-storage capabilities and its… Read More »

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Amazon-backed lending platform Capital Float buys consumer finance startup Walnut

India-based lending platform Capital Float has been busy raising capital, having closed an Amazon-led $22 million extension to its $45 million Series C last year —  now it’s putting some of that capital work after it acquired personal finance service Walnut. The acquisition is $30 million spread across cash and stock, the companies said, and it’ll boost five-year-old Capital Float’s move into… Read More »

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Apple Co-Founder Steve Wozniak Joins Crypto Startup Equi

Apple co-founder Steve Wozniak announced Tuesday that he’s now working with investment-focused crypto startup Equi Capital. Wozniak announced the news in an interview with NullTX on the sidelines of the ChainXchange blockchain conference held in Las Vegas last week. “I’m involved with, very soon, my first time being involved in a blockchain company. [It’s] called Equi. Our… Read More »

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