Startup

Reassessment Of FoodPanda In Southeast Asia- Up For Sale At Less Than $1mn
What does the company have in mind? After multiple unsuccessful attempts at selling its India business for $10-15mn, food delivery startup FoodPanda has reportedly put its Indonesia business for sale at less than $1mn. Why the Drastic Prices drop? Although Indonesia is Southeast Asia’s largest economy, market challenges were greatly

Otto Merges With Uber To Add In Uber’s Self-Driving Car Effort
Great Going Uber! Uber and Otto Joins for the Same Purpose After a big surprise of launching self-driving rides in Pittsburgh, now Uber takes another huge step in the self-driving car space by acquiring Otto with its all-star team. Otto has been working on self-driving technology to fit into existing

Indian Startup Graviky Introduces Air Ink; Ink Made From Air Pollution
Helping makes our country a better place to live An Indian startup known as Graviky Labs, has introduced a viable solution for air pollution, Air Ink. Air Ink is a line of pens whose ink is made of recycled air pollution. Yes, you read that right. They can create pens

Ford Acquires Israeli Startup To Develop Driverless Car Technology
Self-Driving Car by 2021! Who acquired whom? Ford Moto Co., the renowned motor company has recently bought SAIPS, an Israeli machine learning startup. The motive behind this is, the company wants to develop Driverless cars by the year 2021.Although no monetary details were revealed, it is believed the acquisition is

Quikr India Pvt. Ltd Increases Upto Rs.130 Crore From Brand Capital
BCCL Invests Rs.130 crore in Quikr A huge development of Quikr reveals recently, the online classifieds firm is trying its best to get a unicorn status. It has increased up to Rs.130 crore from BCCL, as per the filed documents with the Registrar Companies, Brand Equity Treaties Ltd that owns

Social Investing Startup Instavest Elevate $1.7M In Seed Funding
Do it socially! What is Instavest All About? Investing is no more a private activity now, as a division of YC’s Winter class 2015, a social investing startup Instavest is trying to turn investing into a social activity. The main aim of the site is helping usual retail investors to learn from

Detect And Send Unwanted Drones Home With Apollo Shield
Is It Possible? What is Apollo Shield? Recently, startup Apollo Shield founded by Nimo Shkedy (CEO) and Gilad Beeri (CTO) presents an anti-drone system to detect the drones flying in the area where they are not wanted or authorized and compels them to fly back home. The purpose of this

Apple’s New Smart Watch May Not Have Cellular Network
Here is a Generation of Smart Watches! Why no Cellular Network? Scheduled to release this year, the Apple’s new smart watch is amongst the fresh slew of gadgets. Reportedly, it doesn’t have a cellular connectivity. This is because the cellular chip takes up most of the watch’s battery that is

Co-founder Of Coursera Moves On To Become Chief Computing Officer At Calico
Daphne Koller Advancing in all Fronts Daphne Koller, Co-founder, Coursera has recently announced her decision to join Calico, a research, and development company whose mission is to harness advanced technologies to increase our understanding of the biology that controls lifespan. Founders’ History with Coursera Founded by Daphne Kollerand Andrew Ng back

CNN Back With A Drone-Based News Gathering Operation
Technology Everywhere! Better News Gathering Operation on its Way CNN step into the technology by using unmanned Ariel vehicle for collecting news. The cable news network has engaged aerial vehicles to cover recent key stories like the floods that desolated Louisiana and Flint, Michigan water crisis. Innovative Step By CNN