Grab, the ride-hailing firm that has dominated Southeast Asia online-to-offline platform for transport, food delivery, and mobile payment business has launched an innovation arm, Grab Ventures, aimed at discovering and supporting the next generation of leaders in tech. Grab Ventures will seek to partner 8-10 growth-stage startups over the next 24 months, with focus on… Read More »
Fintech company Drip Capital said it has so far raised $20 million in funding through several tranches in two rounds. Th...
India Accelerator a launch pad for early age technology startups in association with Global Accelerator Network (GAN) ha...
Goldman Sachs will invest $500 million into companies led, founded or owned by women. The program will also help client...
A couple of weeks ago, we wrote about a rumor that was going round about instagram launching a feature to host curated,...
Facebook announced a series of changes to its live-streaming, notably an HQ Trivia-like game-show platform, aimed at ...
Apple is doubling down and bringing new features to its Augmented Reality play ground. This next version of ARKit (simply called “ARKit 2”) Apple’s suite of developer tools for augmented reality, comes with more sophisticated face-tracking tech and 3-D object detection. It allows for “shared” experiences, so you and your friends can all see the… Read More »
The dust may be settling on this year’s Apple’s Worldwide Developer Conference keynote, but the show is far from over. The conference continues for the next week, and we can expect to see a lot more of Apple’s latest developments. Here’s a look at what we know so far when it comes to iOS12: While… Read More »
A new study has confirmed fears that Facebook is on the nose with teenagers who are abandoning the platform in favour of YouTube, Snapchat and Instagram. The US Study by the Pew Research Centre (which you read it in full here) has found that Facebook use by American teenagers aged 13-17 has plummeted 20 per cent in… Read More »
Microsoft is reportedly talking about buying GitHub, a platform for software developers last valued at $2 billion
New reports this weekend have Microsoft set to purchase the popular software site GitHub. According to reports, the companies have had on-and-off conversations over the years, but talks have grown more serious in the past few weeks. One person familiar with the discussions between the companies said that they had been considering a joint marketing partnership… Read More »
Uganda’s parliament has passed a law to tax those who use social media platforms like Facebook, Twitter, Viber, and WhatsApp, as reported by BBC. The law imposes a 200 shilling [$0.05, £0.04] daily levy on people using internet messaging platforms. President Yoweri Museveni had pushed for the changes, arguing that social media encouraged gossip. The… Read More »
Singapore-based crypto-finance start-up FUSION has secured $12.3 billion in financial assets from three strategic partners that have committed to lock in those funds with the organization’s public blockchain platform Reuters reported June 1. The secured funds come from FormulA, Carnex, and KuaiLaiCai, three companies operating in asset management, car financing, and restaurant supply chain management,… Read More »
CoinTribe, a credit-based lending marketplace for small and medium enterprises (SMEs), has raised over $10 million (Rs 67 crore) in a Series B funding round led by India-centric mid-market private equity firm Sabre Partners, a company statement said. Existing investor Puneet Dalmia, who is known for his investments in startups like LocalCircles, Buildzar, and JetSetGo… Read More »
ForwardX, a luggage manufacturer, has raised $10 million in financing. Its soon-to-debut Ovis brand luggage uses cameras and object-recognition software to follow a traveler around, by their side, like a dog. CDH Venture and Eastern Bell Venture Capital led the round. The company, founded in late 2016 in Beijing, China, separately raised $1 million from… Read More »
A Cayman Islands start-up has raised $4 billion as of Thursday, eclipsing the world’s biggest initial public offerings on stock exchanges this year. But its flagship product is not even live yet. Headed by 31-year-old Hong Kong-based CEO Brendan Blumer, Block.one is funding its blockchain platform called eos.ios through a process known as an initial… Read More »