
Twitter Acquires London’s AI Startup Magic Pony for $150m
Silicon Valley Comes For Another AI Startup Magic Pony’s Video Enhancing Technology When two co-founders Rob Bishop and Zehan Wang from London’s Imperial College started toying with the idea of Magic Pony, little did they know that Twitter will set its eyes on it one day. Twitter has just paid

Kellogg’s Raises Funds to Invest in Food-Related Startups
It’s time to back the Next Gen Innovation in the Global Food Industry! Kellogg’s Story of Funding: Changing the Global Food Trends and Ideas Raising funds for investing sounds something new. Generally, biggies raise funds to boost their technology or for mergers. However, Kellogg’s raises funds of $100 million for

Ola Pilots Pay-Per-Hour Cabs
Wait and Watch Ola! Battle between Ola and Uber Renowned cab aggregator Ola (ANI Technologies Pvt. Ltd.) is piloting an hourly cab rental service called ‘Rentals’. You can hire Ola on pay-per-hour basis in selected cities. A constant battle between Uber and Ola, urges both the taxi-hailing companies to bring

How Does A Venture Capital Firm Work?
While securing funding from a Venture Capital Firm (VCs) is the ultimate aim of a startup, and earns you a credible status in the world of banking and finance, there is very little that an average Joe knows about VCs. For starters, VCs are NOT a collection of wealthy individuals

Pakistan’s Startup, Rixi, Is Here To Compete With Uber
Book an Auto Ride with Rixi Uber has recently entered the Pakistani market. But the territory is not without competition. Rixi is a small startup started by founder Adnan Khawaja using which people can book an auto ride. And surprise, surprise! Rixi doesn’t use smart phones. Instead it relies on

Prescriptive Data’s New Software Is Your Building’s Thinking Brain
Smart Buildings with the Ability to Process and Think Prescriptive Data’s New Software, Nantum American startup Prescriptive Data is about to launch a path-breaking software, Nantum, soon. The software analyzes the entire building and acts as a think-tank. It helps in controlling various aspects like indoor temperature and energy consumption

Yatra Takes Over mGaadi
Good Move, Yatra! Yatra’s Story of Acquisition Founded in the year 2012 by Solomon JP and Vishy Kuruganti, mGaadi is a Bangaluru-based auto-rickshaw aggregator. Basically, it is an app-based (Android, iOS, Windows Phone) commuting service from India Drivers Network. Recently, Gurgaon-based Yatra.com acquires this social enterprise. The acquisition deal claims

New App ‘Public’ Takes Chat Messaging To the Next Level
Now Read the Chats Between Your Favorite Celebs Avner Ronen is the founder and CEO of ‘Public’- a new app that enables people to see text chats between their favourite entertainment celebs, sport personalities, politicians, tech experts etc. Pushing Boundaries Apps like Twitter and Facebook ushered in a new era

Snapchat soon to launch online tech magazine called ‘Real Life’
Not only Snaps, but a way more to go!!! Unveiling ‘Real Life’ Snapchat is a successful Californian startup known for its Photo Messaging Application. Just when we thought what else Snapchat can do, the company is launching its online tech magazine known as ‘Real Life’ on 27 June. It will

Goldman Sachs led the funding round of Plaid
Focusing on the Fintech Startups! Funding Round Recently, Fintech software startup Plaid Technologies Inc. raised $44 million. The funding round was led by Goldman Sachs Group Inc. With the total funds of $60 million, the startup plans to boost its current technology being used for apps and websites that provides