Byju’s looks to triple its revenues to Rs 300 crores

Byju’s, the education technology platform, is on the path to breaking even by March this year as it looks to triple its revenues to Rs.300 crore, according to CEO Byju ` Raveendran.
Wed, 18 Jan 2017 09:13:36 +0530

Practo to bet big on the health insurance space

The company said it plans to use these funds to further integrate its platform and for global expansion. The total funds raised by Practo now stands at $179 million.
Wed, 18 Jan 2017 09:36:46 +0530

T Rowe Price trims Flipkart’s valuation to $9.9b

Mutual fund investor T Rowe Price has cut the valuation of India’s largest online retailer Flipkart marginally by another 4% to about $9.9 billion.
Wed, 18 Jan 2017 09:03:49 +0530

Snapdeal owner Jasper’s loss more than doubles to Rs 2,960 crore

With Flipkart posting a loss of Rs 5,223 crore and Amazon another Rs 3,571crore, the big three of India’s online retail space had a combined loss of Rs 11,754 crore in the last fiscal year.
Wed, 18 Jan 2017 07:48:08 +0530

France creates a special visa for entrepreneurs, engineers and investors

 Just in time before the 2017 presidential election in France, the current French government wanted to announce one last thing to foster French startups. The French Tech Visa is a new program for foreign tech talent. It’s an easier way to get a four-year visa for you and your family. France’s Minister of State for Digital Affairs Axelle Lemaire teased some information about this… Read More
Tue, 17 Jan 2017 18:03:08 +0000

Juro gets $750k to optimize sales contract workflow

 London-based startup Juro, which is applying machine learning to help businesses speed up authoring and management of their sales contracts, has closed a $750,000 (£615k) seed round, with investors including Point Nine Capital and Seedcamp. Read More
Tue, 17 Jan 2017 17:39:26 +0000

Neurala closes $14M Series A to bring machine learning to the edge

 Artificial intelligence is swiftly becoming a commodity thanks to the rise of AI-as-a-Service offerings from Amazon and IBM. Today, Neurala is joining this list thanks to a $14 million Series A led by Pelion Ventures. The team is looking to put AI in the hands of toy makers, drone enthusiasts and IoT engineers alike. Neurala’s real value-proposition is its ability to execute… Read More
Tue, 17 Jan 2017 17:19:52 +0000

Measure raises $15 million to fly drones as a service for other companies

 Measure may not be building the ultimate flying camera, or drones that drop burritos at your door. But the Washington D.C.-based startup has raised $15 million in a Series B round of funding to fly drones as a service for other businesses that want to do things like conduct inspections, capture videos, or gather other insights from on high. Measure CEO and cofounder Brandon Torres Declet… Read More
Tue, 17 Jan 2017 15:03:41 +0000

Forbes owners back e-commerce startup Bringhub

 Bringhub, a startup that allows online publishers to add e-commerce capabilities to their stories and ads, is announcing a strategic investment from Integrated Asset Management Limited.

You might not be familiar with IAM, but the Hong Kong-based investment firm bought a majority stake in Forbes Media back in 2014.

Bringhub, meanwhile, touts its ability to introduce a shopping experience to… Read More
Tue, 17 Jan 2017 14:00:21 +0000

France’s presidential front-runner François Fillon on French startups

 French startups also attract French politicians. And that’s why France’s former Prime Minister and current presidential candidate François Fillon was there, trying to prove that he understands French startups. François Fillon was Prime Minister from 2007 to 2012 when Nicolas Sarkozy was France’s President. After 2012, he has been pretty quiet for a few years, preparing for… Read More
Tue, 17 Jan 2017 12:25:45 +0000