Amazon to pick up stake in supermarket chain More

Reuters

Amazon and Indian private equity firm Samara Capital are making a joint investment that will give the online retail giant a stake ....

20 September, 2018

Can transport aggregation services scale beyond cabs?

Binu Paul

This is the first of a three-part series that analyses India's transport aggregation sector. In India, cab aggregators ....

20 September, 2018

IBM’s Sriram Raghavan on what's being done to remove biases from AI engines

Anirban Ghoshal

Multinational technology giant IBM has released a free software service for enterprises that will help data scientists eradicate ....

20 September, 2018

Microsoft adds AI, mixed-reality features to cloud business software Dynamics

Anand J

Microsoft will add three artificial intelligence (AI) products aimed at sales, customer service and market insights to its cloud-based ....

20 September, 2018

Walmart to buy Flipkart ESOPs worth $800 mn

Kavya Kothiyal

Flipkart employees with stock options could be in for a windfall as parent company Walmart is set to purchase employee stock ownership ....

20 September, 2018
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Med-tech startup Cyclops raises early-stage funding

Payal Ganguly

Medical technology company Cyclops Medtech Pvt. Ltd has raised $1 million (around Rs 7.2 crore at current exchange rates) in fresh ....

20 September, 2018

Bitcoin, other digital currencies worth $60 mn stolen in latest Japanese heist

Reuters

Japanese cryptocurrency firm Tech Bureau Corp said about $60 million in digital currencies were stolen from its exchange, ....

20 September, 2018

DXC Technology sets up data analytics migration facility in Bengaluru

Anand J

US-based IT services firm DXC Technology opened its first facility for data analytics migration for Microsoft Azure's cloud ....

20 September, 2018

Hyperlocal delivery startup DailyNinja gets funding from Matrix Partners, others

Vijayakumar Pitchiah

Subscription-based milk and grocery delivery venture DailyNinja has raised an undisclosed sum from Matrix Partners in a fresh ....

20 September, 2018
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Exclusive: Smart parking technology startup Parkwheels raises seed funding

Dearton Thomas Hector

Smart parking systems maker Parkwheels has raised Rs 1.2 crore (around $160,000 at current exchange rates) in a seed round of ....

20 September, 2018

What does Amazon’s latest bet mean for India’s grocery biz?

Anand J & Dearton Thomas Hector

US e-commerce behemoth Amazon appears to have made another move to expand its grocery retail business in India and intensify its ....

19 September, 2018

World's first blockchain-based commodities trading platform to go live this year

Reuters

Global banks and trading firms are launching the first blockchain-based platform for financing the trading of commodities ....

19 September, 2018

SoftBank-backed OYO enters UK market with £40 mn investment

Shweta Sharma

SoftBank-backed budget hotel brand OYO Hotels has launched operations in London, the United Kingdom, where it plans to invest ....

19 September, 2018
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Why Tata Power’s new voice bot won't ask for your personal details

Anirban Ghoshal

Tata Power, the country’s largest integrated electricity generation company, on Wednesday announced the launch of a voice ....

19 September, 2018

Facebook, other global tech firms gear up to fight India's planned data law

Reuters

Global tech companies plan to oppose new legislation in India that would require Facebook, PayPal and others to store user ....

19 September, 2018

Exclusive: Media startup NewsBytes gets fresh funding, will bolster AI engine

Anirban Ghoshal

Media startup NewsBytes has raised $1 million (Rs 7.25 crore) as part of a pre-Series A round of funding led by German publishing ....

19 September, 2018

Online-to-offline grocery firm Avenue11 strikes ad-for-equity deal with Brand Capital

Binu Paul

Online-to-offline grocery platform Avenue11, based in Bengaluru, has raised Rs 26 crore ($3.6 million) from Brand Capital, the ....

19 September, 2018

Sequoia-backed enterprise RPA firm UiPath looks to grow India footprint

Kavya Kothiyal

US-headquartered firm UiPath, which offers robotic process automation (RPA) solutions for enterprises, said it plans to expand ....

19 September, 2018

Alibaba to make customised AI chips; teams up with SAP for cloud services

Reuters

Alibaba Group Holding Ltd will set up a dedicated chip subsidiary and aims to launch its first self-developed AI inference ....

19 September, 2018

Exclusive: Social networking platform ShareChat raises $100 mn

Kavya Kothiyal & Dearton Thomas Hector & Vijayakumar Pitchiah

Bengaluru-headquartered Mohalla Tech Pvt. Ltd, which operates vernacular social networking platform ShareChat, has raised Rs 720.29 ....

19 September, 2018

Digitally influenced spends in emerging markets to more than double by 2022: BCG

Shweta Sharma

Digitally influenced spending in emerging markets will more than double from $1.8 trillion (Rs 130.5 lakh crore) last year to ....

19 September, 2018

Aeris and Altizon join hands to deliver IoT solutions for manufacturing sector

Shweta Sharma

Internet of Things company Aeris and industrial IoT firm Altizon Systems have tied up to combine the latter’s machine learning ....

19 September, 2018