Article Trunk



Posts Tagged ‘india’

MyGate raises $56M to bring its security management service to more gated communities in India

MyGate, a Bangalore-based startup that offers security management and convenience service for guard-gated premises, said today it has bagged more than $50 million in a new financing round as it looks to expand its footprint in the nation. Chinese internet giant Tencent, Tiger Global, JS Capital and existing investor Prime Venture Partners funded the three-year-old ...

Walmart’s Flipkart confirms it is entering the food retail business in India

India’s Flipkart is entering the food retail business as the e-commerce giant looks to expand its reach in the nation, its chief executive said on Tuesday. Flipkart, which sold majority stake in the company to Walmart for $16 billion last year, has registered an entity called ‘Flipkart Farmermart Pvt Ltd’ — in compliance with local ...

India’s Reliance Jio unveils video call assistant to help businesses automate customer support

Before Google moves to bring its human-sounding robot calling service Duplex to help users automate their interactions with businesses to international markets, an Indian giant is deploying its own solution to get a jumpstart on the local market. Reliance Jio today unveiled AI-powered Video Call Assistant service that will allow businesses to automate their customer ...

Contentstack raises $31.5M Series A round for its headless CMS platform

Contentstack, a startup that offers a headless CMS platform for enterprises, today announced that it has raised a $31.5 million Series A round led by Insight Partners. Existing investors Illuminate Ventures and GingerBread Capital also participated in this round. The company says that it saw its revenue grow by 4x in the first half of ...

India’s Udaan raises $585M to expand its B2B e-commerce platform

Udaan, a three-year-old business-to-business e-commerce platform in India, has raised more than half a billion dollars as it looks to bring more kirana stores, chemists and other small businesses online through its marketplace. The startup said today it has raised $585 million from Tencent, Altimeter, Footpath Ventures, Hillhouse, GGV Capital and Citi Ventures. Existing investors ...

Africa’s top mobile phone seller Transsion lists in Chinese IPO

Chinese mobile-phone and device maker Transsion has listed in an IPO on Shanghai’s STAR Market, a Transsion spokesperson confirmed to TechCrunch.  Headquartered in Shenzhen, Transsion is a top-seller of smartphones in Africa under its Tecno brand. The company has also started to support venture funding of African startups. Transsion issued 80 million A-shares at an opening ...

Amazon launches multilingual mode for using Alexa in multiple languages at once

Amazon is launching multilingual mode for its Alexa-supporting devices, the company announced today at its Devices event in Seattle. The new multilingual mode will initially be available in the U.S., where it’ll work with English and Spanish; Canada, where it’ll offer French and English support, and Hindi and English in India. These bilingual modes will ...

Teaching ethics in computer science the right way with Georgia Tech’s Charles Isbell

The new fall semester is upon us, and at elite private colleges and universities, it’s hard to find a trendier major than Computer Science. It’s also becoming more common for such institutions to prioritize integrating ethics into their CS studies, so students don’t just learn about how to build software, but whether or not they ...

Why Walmart’s Flipkart is betting heavily on Hindi

Flipkart, the largest e-commerce platform in India, said Tuesday it has concluded the roll-out of a range of features to its shopping app in what is its biggest update in recent years. Chief among these new features is access to Flipkart in Hindi language. Prior to the revamp of the app, Flipkart was available only ...

Accion Venture Lab launches $23M inclusive fintech startup fund

Accion Venture Lab—the seed-stage investment arm of non-profit Accion—has raised $23 million for a new inclusive fintech startup fund. The Accion Venture Lab Limited Partnership, as its called, will make seed-stage investments in inclusive fintech startups, defined as ventures that “that leverage technology to increase the reach, quality, and affordability of financial services for the ...