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Posts Tagged ‘india’

Byju’s-owned Osmo education startup enters pre-schoolers market

Osmo, a Palo Alto-based education startup acquired by Indian unicorn Byju’s for $120 million this year, is expanding its product lineup to serve a new and largely untapped market: pre-schoolers. Osmo today announced Osmo Little Genius Starter Kit, a set of tools that aims to help children that have yet to enter schools to understand ...

Cricket World Cup highlights just how big video streaming is in India

As hundreds of millions of people turn their attention to the ongoing ICC Cricket World Cup tournament, many of them are using an Indian streaming service to follow the ins and outs of the game. More than 100 million users tuned in to Hotstar, an on-demand streaming service owned by Disney, on June 16, the ...

Calibra wallet won’t launch in Facebook’s biggest market

Facebook unveiled its audacious Libra cryptocurrency and Calibra digital wallet on Tuesday through which it plans to transform financial services across the globe. The social juggernaut made clear of its ambitions when it said that it wishes to empower more than 1.7 billion people around the world who currently do not have a bank account. ...

India’s payments firm MobiKwik kick-starts its international ambitions with cross-border mobile top-ups

MobiKwik, a mobile wallet app in India that has expanded to add several financial services in recent years, said today it plans to enter international markets as it approaches profitability with the local operation. The company is kick-starting its overseas ambitions with cross-border mobile top-ups support. The 10-year-old firm said it has partnered with DT ...

India’s Bounce raises $72 million to grow its electric scooters business

Bounce, a Bangalore-based startup that offers more than 5,000 electric scooters for rent in India, has raised $72 million to accelerate its bid to impact how people navigate India’s traffic-clogged urban areas. The Series C funding round for the five-year-old startup was led by B Capital — the VC firm founded by Facebook co-founder Eduardo ...

Why is Andreessen Horowitz (and everyone else) investing in Latin America now?

Investments by U.S. venture capital firms into Latin America are skyrocketing and one of the firms leading the charge into deals is none other than Silicon Valley’s Andreessen Horowitz . The firm that shook up Silicon Valley with potentially over-generous term sheets and valuations and an overarching thesis that “software is eating the world” has ...

Go-Jek doubles down on India with yet another talent acquisition

Go-Jek may be based in Southeast Asia, but the multi-billion-dollar ride-hailing firm continues to tap India for engineering talent. The Indonesia-headquartered firm announced today that it has acquired AirCTO, a recruitment platform based in Gurgaon. The acquisition, the price of which has not been disclosed, is a talent grab. AirCTO’s platform uses a mix of ...

Amazon Alexa team uses machine learning to better handle regional language differences

Amazon’s Alexa voice assistant faces a massive challenge: Operating not only as a multi-lingual product, but also ensuring that all regional variants of languages it supports are well understood by Alexa, too. To help accomplish that, Alexa has been retrained entirely for every variant needed – a time- and resource-heavy activity. But a new machine ...

India’s largest video streaming service, owned by Disney, breaks Safari compatibility to fix security flaw

Hotstar, India’s largest video streaming service with more than 300 million users, disabled support for Apple’s Safari web browser on Friday to mitigate a security flaw that allowed unauthorized usage of its platform, two sources familiar with the matter told TechCrunch. The incident comes at a time when the streaming service — operated by Star ...