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Stablecoin firm Rain valued at $1.95 billion in latest fundraiseStablecoin firm Rain said on Friday it has raised $250 million in a funding round led by ICONIQ, valuing the company at $1.95 billion, as ...
Osamu Suzuki, who ran Suzuki Motor for five decades, passes at 94Osamu Suzuki, the long-serving president and chairman of Suzuki Motor Corp., has passed away at the age of 94 due to lymphoma. Known for hi...
The new AI deal: buy everything but the companyWhile big tech companies typically buy startups outright, they have turned to a more complicated deal structure for young AI companies. It ...
India's new airline Fly91 reveals first look as it gears up to fly by winterFly91, a new regional airline promoted by industry veterans, has unveiled its brand logo and tagline - Bharat Unbound. The airline seeks to...
'Let 1,000 flowers bloom': AI funding frenzy escalatesOver the past few months, a gold rush into startups working on "generative" artificial intelligence has escalated into a no-holds-barred de...
AI funding frenzy escalates as investors rush to get in earlyThe funding race has heated up ever since ChatGPT, the chatbot made by OpenAI, went viral last year by showing the power of AI to generate ...
How did UK retailers fare over coronavirus-hit Christmas?The 2020 Christmas holiday season presented British retailers with a unique challenge as they navigated strict COVID-19 containment measure...
New AI system may help prevent water logging in citiesThe areas susceptible to water logging were located with the help of past travel time data from smartphone-based cab service Uber, and elev...
Why Flipkart’s fund raise is critical for Indian startupsThe fate of many companies is intertwined with this much-awaited event as the Bengaluru-based company tries to win back heavyweight investo...
Snap shows investor appetite to again bet on young companiesWhile concerns still loom about growth and profitability at the maker of disappearing-photo app Snapchat, interest in the IPO is undeniable.
Why Flipkart's success is important for the Indian startup ecosystemOur present internet ecosystem has been built on the infusion of investor capital, majority of which is foreign in nature since we do not h...
- IMImobile acquires UK digital company Skinkers
IMImobile has acquired UK digital company Skinkers for an undisclosed amount, it’s second in the UK after a USD 60 million acquisition of W...
- IMImobile in talks to buy US mobile data company for $80 million
The objective is to leverage the target company's range to deliver a mix of marketing, advertising and mobile VAS solutions in the US.
How Silicon Valley's new Indian entrepreneurs are blooming in all huesThe stereotype of Indian entrepreneur in US is now being challenged by a new clutch of entrepreneurs looking beyond usual.
- Hyderabad-based IMIMobile acquires UK's WINplc
Hyderabad-based IMIMobile, provider of mobile technology company has just acquired WINplc, at a cost of $26 million, its first major overse...