Lenskart invests $1 million in US-based startup Ditto

Delhi based online eyewear retail firm Lenskart has invested $1 million in US-based startup Ditto to acquire a minority stake. Ditto offers 3D graphical face modelling feature fir virtual trial service to Lenskart. Lenskart is already using its 3D try-on feature on its website and app. However, to increase user engagement on its platform, it wants…

ByPrashant SharmaSeptember 26, 20170Comments

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Alibaba invests $807 million in Chinese logistics firm Cainiao

Alibaba has agreed to invest $807 million to take a major ownership in the Chinese logistics firm, Cainiao. Cainiao was founded in 2013 to bring regularity in logistics, especially in e-commerce deliveries. In 2016, Cainiao raised its first outside funding of $1.54 billion from Temasek Holdings and GIC in Singapore, Malaysia’s Khazanah Nasional and China-based Primavera Capital.…

ByPrashant SharmaSeptember 26, 20170Comments

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Flipkart to rely on Microsoft’s Artificial Intelligence Solution for Future Sales

Flipkart to deploy Microsoft’s Artificial Intelligence Solutions. Bengaluru based e-commerce major Flipkart has said that it will be collaborating with Microsoft to install artificial intelligence and machine learning-based solutions for all the future sales. The collaboration with technical giant will expectedly help Flipkart in overcoming technical glitches that usually occurs during heavy traffic on its website. Flipkart,…

ByGirish ShettiSeptember 26, 20170Comments

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Apple Ditches Bing, Settles for Google on Siri and macOS Searches

Apple drops Bing, opts for Google. Next time you search something on internet with Siri on IOS or Spotlight on macOS, your search results won’t be dashed out by Bing but Google. This is the result of Apple’s decision to part ways with Bing and switch over to Google as a new default user on both…

ByGirish ShettiSeptember 26, 20170Comments

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Microsoft Integrates LinkedIn and Office 365 at Ignite Conference

Microsoft acquired LinkedIn for a whopping deal of $26.2 billion last year. During the time of acquisition, Satya Nadella outlined some integration plans which involved combining of LinkedIn identity and network into Microsoft Office Suite and MS Outlook. After an year since the acquisition has been completed, Microsoft has finally decided to Integrate LinkedIn and…

ByAnkit KumarSeptember 25, 20170Comments

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Listing aggregator Synup raises $6 million from Vertex Ventures

Synup, a Banglore based startup which provides SaaS solutions to help small and local businesses manage their online presence has raised $6 million in a Series A funding round led by Vertex Ventures. Its seed investor, Prime Venture Partners also participated in the financing round. Synup will use the newly acquired financing to expand its marketing…

ByPrashant SharmaSeptember 25, 20170Comments

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Zomato Invests Undisclosed Amount in Food Delivery Startup TinMen

Online food delivery startup Zomato invests in TinMen. Online food delivery startup Zomato has invested undisclosed amount in Hyderabad-based home chef aggregator TinMen. The investment comes barely a week after Zomato acquired Bengaluru-based logistics and food delivery startup Runnr. These latest consolidation moves will supposedly help the company in competing against the arch rival Swiggy, which…

ByGirish ShettiSeptember 25, 20170Comments

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Intel unveils 8th generation ‘Coffee Lake’ CPUs for desktop PCs

Intel finally unveiled its 8th generation Core series of their with the launch of its flagship desktop chips. It has also introduced a 6-core/12-Thread Core i7-8700K, which according to Intel is the best gaming check. Intel has also upgraded version its Core i5 family with 6-core parts. Also, Core i3 now comes with 4-core parts. The…

ByPrashant SharmaSeptember 25, 20170Comments

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Hyperloop One raises $85 million to attain a valuation of $700 million

HyperLoop One, previously known as Hyperloop Technologies, an L.A based company that will assist transportation of passengers and cargo in huge pneumatic tubes at a speed of hundreds of miles per hour has raised $85 million. The recent funding round was led by DP World, Caspian VC Partners, WTI and OurCrowd.com. With this latest investment, the total funding…

ByPrashant SharmaSeptember 23, 20170Comments

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Dabur ties up with Amazon to launch online marketplace focused on herbal products

The extremely popular US-based giant, Amazon is not missing any opportunity to penetrate deeper into the Indian E-Commerce market. FMCG major Dabur India has joined hands with Amazon to launch an online marketplace which will sell all types of ayurvedic products. It will also give insights regarding medicinal properties of those products and how they help…

ByPrashant SharmaSeptember 23, 20170Comments

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