Author: Girish Shetti

Apple_Asai

Top Trending news from the world of technology… 1 Apple releases its major IOS 15 updates Has Apple acquhired music Analytics startup Asai. Apple has just rolled out IOS 15 updates for its iPhone and other Apple devices. This update is a major one as it comes with slew of new features. This includes capabilities of FaceTime to make calls to Windows and Android users, better AI abilities for precisely recognizing things and many more features (Click here) 2 Netflix rolls out a totally free streaming plan (available in Kenya for now) Netflix has rolled a free streaming plan in…

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Bengaluru based payment startup Razorpay announced on Tuesday that it has received strategic investment from American enterprise giant Salesforce. Both companies have refused to divulge the financial details of the deal. Since past few weeks rumors were abound that the Bengaluru based Fintech unicorn was in talks with several marquee and existing investors for raising $250 Mn at an estimated valuation of $4.5 bn. However, these speculative reports did not feature Salesforce as its prospective investor.   This deal is Salesforce’s second investment in India. Earlier this year, the SaaS giant had led a $15 Mn investment in HR tech…

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FloBiz, a neo bank startup that focuses on India’s SMB segment, announced on Monday that it has raised $31 Mn in a Series B round. Sequoia Capital India, Think Investments and its existing investors Elevation Capital & Beenext spearheaded the funding round. The round also saw participation from many high-profile angel investors including Vijay Shekhar Sharma (Paytm), Kunal Shah (CRED), Jiten Gupta (Jupiter), Amrish Rau (Pine Labs) and many others. The Bengaluru based startup said that it will use the capital for team expansion, product development and scaling distribution to serve more businesses. FloBiz is best known for its…

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Here are the top trending news from the world of technology 1 Facebook has become a breeding ground for drug cartels and human Traffickers, internal document shows Facebook logo America’s leading newspaper The Wall Street Journal has published yet another controversial article on Facebook. In the latest explosive article, The Wall Street has claimed that Facebook is being extensively used by drug cartel mafias and human traffickers residing in developing countries. They are using Facebook especially for hiring new recruits and expanding their network. The article has further made explosive claims that Facebook surprisingly gave a weak response when its…

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Byju Raveendran at Byju's Office

Byju Raveendran, Founder & CEO of Byju’s Keeping up with its acquisition juggernaut, Byju’s has now acquired U.S. based kids coding platform Tynker. The edtech decacorn did not disclose the financial details of the deal. Tynker is the second American startup acquired by Byju’s in the space of nearly two months. The deal also marks Byju’s nineth acquisition in the current year. Byju’s has roughly splurged over $2 Bn for acquiring these nine companies. The Bengaluru based startup’s acquisition spree has been spurred by its recent funding juggernaut, having raised more than $1 Bn through multiple funding rounds over…

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India’s unicorn world is continuing to grow at an unabated pace as yet another startup has made an entry in the coveted club. But the latest entrant, blue collar job platform Apna, is bit special. Simply because Apna has earned the unique tag of being the fastest unicorn in India’s startup industry. It earned this rare title by raising $100 Mn in a fresh funding round at $1.1. Bn valuation. The fresh round dubbed as the Series C round was led by VC giant Tiger Global. Owl Ventures, Sequoia Capital, Maverick Ventures, Insight Partners, Maverick Ventures and GSV ventures also…

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India has just got its second gaming unicorn, after Mobile Premier League announced on Wednesday that it has raised undisclosed amount of funding at an estimated post-funding valuation of $2.3 Bn. This is the second fundraise for the Bengaluru based startup, which raised $95 Mn in a Series D round at a market valuation of nearly $900 Mn in February this year. This implies that MPL has more than doubled its valuation within the span of six months. Legatum Capital has spearheaded the latest Series E round while Accrete Capital, Gaingels LLC along with existing investors also participated in the…

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Here are the top tech news from the world of technology 1 The biggest announcement from Apple’s just concluded iPhone 13 event The Apple’s much anticipated iPhone 13 event was live streamed on Tuesday. Apart from unveiling iPhone 13, Apple raised the curtains from host of other flagship devices including Apple Watch and iPad. Here are some of the biggest highlights from the main event: Iphone 13 and Iphone 13 mini boosts improved battery life.iPhone 13 will have a smaller notchwill have high refresh rate screenadds cinematic mode for video and photography styles for picture (Click here) 2 Microsoft…

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Fintech Unicorn Pine Labs has probably taken the first major step for IPO listing, after converting its entity status from private limited to a public limited company. This news was first reported by the news portal Entrackr, which claimed that the company’s parent firm (based in Singapore)  has passed a special resolution to change its entity status. After changing the entity status, the company will be now known as Pine Labs Limited. While the IPO frenzy has now made IPO listing a common news, the unique thing about Pine Lab’s listing is that it is vying for listing in the…

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Apple

Here are the top trending news from the world of technology 1) Apple issues Software Patch to fix major security issue Apple has issued a major Software update to help fix all the major security issues that has erupted across all the major Apple devices. Cybersecurity firm Citizen Lab was the first one to detect this major security attack on Apple devices. Citizen Lab has further accused in its statement that Israeli firm NSO group was behind this malicious attack. NSO has neither denied or accepted this accusations. (Click here)      2 A new study of Microsoft employees reveals Remote…

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Image Source: Youtube.com Publicly listed foodtech major Zomato has announced that it is unceremoniously exiting the grocery delivery business. This is the second time in two years that the Gurgaon-based company will be scrapping its grocery delivery biz as it failed to surmount any viable challenge to the incumbents. Zomato has officially cited the ‘inability to scale the business’ as the main reason in an email that has been accessed by several media outlets. Zomato’s decision has come barely days after its investment portfolio company Grofers announced the express delivery service that promises to deliver groceries in flat 10 minutes.…

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here are the top tech news from the world of technology 1 Facebook launches Smart glasses that can take videos, photos & more at $299 Facebook has officially rolled out smart glasses into the market. These glasses have been launched in collaboration with Ray Ban and will be known as Ray Ban Stories. Priced at $299, this smart glass can take videos and photos and can fulfill host of other basic functionalities that are expected from smart devices. Experts are calling Ray Ban Stories a sleeker version of Snapchat’s spectacles, which was launched in 2016 but failed to live up…

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