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
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
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
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
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
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
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 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
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
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