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Posts Tagged ‘india’

Google Home’s Philips Hue integration can now wake you up gently

Maybe you love the sound of your alarm clock blaring in the morning, heralding a new day full of joy and adventure. More likely, though, you don’t. If you prefer a more gentle wake-up (and have invested in some smart home technology), here’s some good news: Google Home now lets you use your Philips Hue ...

TikTok downloads banned on iOS and Android in India over **** and other illegal content

TikTok, the user-generated video sharing app from Chinese publisher Bytedance that has been a global runaway success, has stumbled hard in one of the world’s biggest mobile markets, India, over illicit content in its app. Today, the country’s main digital communications regulator, the Ministry of Electronics and Information Technology, ordered both Apple and Google to ...

Ten steps to prepare for an exponential future

Jamie Metzl Contributor Share on Twitter Jamie Metzl is a futurist and the author of Hacking Darwin: Genetic Enhancement and the Future of Humanity. More posts by this contributor Is America’s national security Facebook and Google’s problem? **** Sapiens 2.0? We need a species-wide conversation about the future of human genetic enhancement If it feels ...

Naspers-owned PayU doubles down on India with $70M deal to buy Wibmo

PayU, the Naspers-owned payments company that competes with the likes of PayPal but focuses mainly on emerging markets, has made an acquisition to expand its business in India. It has acquired Wibmo, a startup based out of the US (Cupertino, to exact) that mostly operates in India. PayU is paying $70 million for the startup, ...

India’s Cashfree raises $5.5M from Korea’s Smilegate, Y Combinator and others

Cashfree, an India-based startup that specializes in making corporate banking services more accessible and easier to use, has closed a $5.5 million Series A round. The deal is led by Smilegate Investment — the fund affiliated with Korean games firm Smilegate — with participation from Y Combinator, the U.S. accelerator program that Cashfree graduated from ...

Fantasy sports platform Dream11 nets $1 billion valuation following new investment

India has a new unicorn after Dream11, an online fantasy sports service, claimed its valuation has surpassed $1 billion following a new investment. This isn’t your regular unicorn valuation deal. Instead, the company — which hosts cricket, NBA, soccer and other sports contests — crossed the milestone through a secondary sale that reportedly involves the ...

Partnering with Visa, emerging market lender Branch International raises $170 million

The San Francisco-based startup Branch International, which makes small personal loans in emerging markets, has raised $170 million and announced a partnership with Visa to offer virtual, pre-paid debit cards to Branch client networks in Africa, South-Asia and Latin America.  Branch — which has 150 employees in San Francisco, Lagos, Nairobi, Mexico City and Mumbai — ...

Facebook co-founder Eduardo Saverin’s B Capital makes $406M first close of new fund

B Capital, the VC firm from Facebook co-founder Eduardo Saverin, has made the first close of its second fund. The firm has closed out $406 million in initial capital, according to a filing lodged with the FCC last month. The document doesn’t include details of a target raise or which LPs have committed. Saverin came ...

India Approves $1.4 Billion Subsidies For Electric Vehicles

The incentive is linked to battery capacity India has approved a 100 billion rupees ($1.4 billion) electric and hybrid vehicle subsidy plan for a three year period tojump-startt the sales, which so far were marginal. Various types of EVs can qualify for the incentive, with a price cap of 1.5 million Indian rupees ($21,600), provided they are ...

Apple Music cuts prices in India

This morning, The WSJ reported Apple’s streaming music service overtook Spotify in paid subscribers in the U.S., and now it hopes to do the same in the Indian market by way of a big price cut. The company’s individual plan in India is now 99 rupees per month ($1.43 USD), versus the 120 rupees per ...