Cloud Services Startup Joyent to be acquired by Samsung
Joyent to become Joyful! Today’s world is the cautious about tremendous competition. Therefore, witnessing companies getting merged or getting acquired isn’t a something new. Lately, US-based Joyent, a public and private cloud provider has become the face of acquisition. It is because Samsung Electronics had recently made an announcement of
Indian Facebook Users Can Easily Combat Suicidal Thoughts. Find out how
A great step taken by Facebook! Facebook to the Rescue The world-renowned social networking site, Facebook introduces tools and resources on its site for Indian users to combat suicidal thoughts. In India, suicide news is a very common. Since Facebook has reached and influenced the Indian masses, it is a
Airbnb raises $1 billion in debt financing. Find out why..
Good move by Airbnb! Airbnb’s investors & its funding Unlike other big startups like Uber and Lyft, Airbnb doesn’t have to pour out money to make money. Freshly, Aribnb has raised $1 billion in debt financing from a bunch of major banks such as J.P. Morgan, Citigroup, Bank of America
Zuckerberg’s Venture Invests in Global-tech Startup, Andela
Chan Zuckerberg debuts in investment! Couple Dairies Founded in 2014, New York-based startup Andela trains software developers in Africa (Lagos, Nigeria, Nairobi and Kenya). The Chan Zuckerberg Initiative, created by Mark Zuckerberg and his wife Priscilla Chan, is leading a $24 million in Series B funding round of Andela. Investors
Queue Management App Sminq Secures $1 Mn From Saama Capital & Blume Ventures
Now, no more waiting in long queues! About Sminq & its seed funding round Pune-based queue management app, Sminq lately raises $1 Mn in a seed round of funding, which was led by Saama Capital and Blume Ventures. Angel investor Vaibhav Domkundwar of micro-venture firm Better Inc. also participated in
GrabOnRent Raises Funds in Series A
Great Going Rental Market! An Overview of GrabOnRent and its funding round Bangalore-based on-demand product rental platform, GrabOnRent lately raises an undisclosed amount of funding in Pre-Series A round, which was led by IvyCap Ventures and Unicorn India Ventures. GrabOnRent was founded in 2015 by three IIT-Guwahati graduates, Manish S.
Uber offers helicopter services in Brazil
On top of the World! Now you can fly with Uber Taxi service has grown a lot over the year. With companies like Ola and Uber providing door to door pick-up and drop services, people prefer to travel via these services rather than any normal cab. Recently, Ola introduced its
Music Streaming Startup SoundCloud Gets Funded by Twitter
Twitter has some strings attached to music! About the funding Renowned social networking site, Twitter invests in Berlin-based music streaming startup, SoundCloud. As per the reports, the deal is closed at $70 million. Other financial details remain undisclosed. With this investment, Soundcloud aims to build value for creators and listeners
California-based Startup unveils Power Nap Sleeping Pod
On the go power nap! Importance of Powernap Power nap is important for refreshing your mind, thus contributing higher productivity. Few companies allow their employees to take a power nap in the day time for improved work flow, increased creativity, boosted concentration and higher productivity. Similarly, it can help students
Health Insurance Startup, LEAGUE Raises Funds
Health is Wealth! The startup scenario today is backed by a lot of fund raising rounds as well as acquisitions. Recently, a Canada-based startup makes in to the news of fund raising. League Inc., a health insurance startup has raised $25 million in a funding round. And, the investors participating