Twitter has invested $70 million in SoundCloud music streaming service, according to a latest report from Re/code. The micro blogging site was planning to acquire SoundCloud as per a report last year. Continue reading “Twitter invests $70 million in SoundCloud”
Amazon has announced that it will invest additional $3 billion in India operations. The latest move will take e-commerce giant’s total investment to $5 billion in the country.
Continue reading “Amazon to invest $3 billion more in India: Jeff Bezos”
Sony has invested an undisclosed sum in artificial intelligence start-up Cogitai. Founded a year ago, Cogitai focuses on technology that allows machines to learn continually and autonomously from interaction in the real world. Continue reading “Sony invests in Cogitai to develop continual learning AI”
Apple has invested $1 billion in Chinese ride hailing service Didi Chuxing, formerly known as Didi Kuaidi. The move comes from the company to get a better understanding of Chinese market.
Continue reading “Apple invests $1 billion in Chinese ride-hailing service Didi Chuxing”
HP has launched new investment arm to fund start-ups. Dubbed as HP Tech Ventures, the new group will fund young businesses working on 3D technology, immersive computing, artificial intelligence, the Internet of things and smart machines.
Continue reading “HP announces HP Tech Ventures to invest in tech start-ups”
According to Telecom Minister, Ravi Shankar Prasad, Apple is exploring investment options in India. The move comes from the company as it strives to pave its way into the Indian smartphone market which is driven by budget device. Continue reading “Apple evaluating investment options in India, says Ravi Shankar Prasad”
Chinese smartphone maker Xiaomi has made its first investment in India today by leading a funding of $25 million in Hungama Digital Media Entertainment. The funding round included other existing investors like Intel Capital, Bessemer Venture Partners, and Indian billionaire Rakesh Jhunjhunwala. Continue reading “Xiaomi leads $25 million funding in Hungama”
With an aim to attract more foreign investments, the Government has approved 100% Foreign Direct Investment (FDI) for marketplace model of e-commerce in India. Continue reading “100% FDI approved for marketplace model of e-commerce in India”
Cisco has announced that it will invest $100 million in India to further the digital push. The company will invest $40 million of the total planned investment into funding early and mid-stage startups. It will also train 250,000 students in India by 2020.
Continue reading “Cisco pumps $100 million in India for digital push”
Ola has secured $100 million (Rs. 630 Cr) in latest round of funding from Falcon Edge, as per a TOI report. The online taxi aggregator has now reached a valuation of $5 billion.
Continue reading “Ola secures $100 million in funding from Falcon Edge, valuation hits $5 billion”
In a bid to further strengthen its position in the online taxi market, Uber has committed that it will invest whopping $1 billion in India over the period of nine months.
Continue reading “Uber to pump $1 billion in India in next nine months”
Vivo, which launched the X5Pro in India earlier this week has announced its plans to invest Rs 500 crore in the country over the next three years for manufacturing, as per a latest report from the Economic Times.
LG Display Co Ltd is looking forward to invest up to 900 billion won ($802.75 million) for OLED panels for smartphones and wearables. The South Korean company is said to venture into new production line for small- and medium-sized organic light emitting diode (OLED) displays, as per a report from DongA Ilbo publication.
China’s e-commerce giant Aibaba Group is looking forward to buy a 20% stake in homegrown smartphone maker Micromax, as per a latest report from Reuters.
Continue reading “Alibaba reportedly eyeing $1.2 billion stake in Micromax”
Micromax is looking forward to invest up to $400 million in at least 20 start-ups across segments such as healthcare, entertainment and gaming, as per a PTI report.
Continue reading “Micromax eyeing to invest $400 million in atleast 20 start-ups”
