News on Deals, Technology, Funding, Launches and Startups – Featured Headlines

TODAY’S CURATED LIST OF HEADLINES

12-01-2018


News headlines on dealings, wheelings, regulations, merger and acquisition (M&A) deals, exits, private equity (PE) deals, venture capital (VC) deals, IPO’s, funding and startups found around the web, curated for you from a large number of sources! You may need a subscription to read some of the articles.

Happy reading!


Alleywatch

  • These are the 9 Startups That You Need to Know About From NVP Labs Demo Day Next Week
    by AlleyVoice on 2018-01-11 at 20:27Newark Venture Partners (NVP), the venture fund catalyzing innovation in Newark, is hosting demo day next week on 1/17 for its latest cohort of startups participating in its NVP Labs program. Interested in attending? You can request an invite in the article. […]

  • This NYC Startup Just Raised $17M to Transform Your Mobile Banking Experience Using AI
    by AlleyWatch on 2018-01-11 at 19:47You may be in love with your mobile banking app, but at the end of the day your app is not as smart as your banker and your banker is not as convenient as an app. Thankfully, Kasisto merges online financial management with the capabilities of a banker into a fully loaded AI-powered assistant that  can […]

  • The AlleyWatch NYC Startup Daily Funding Report: 1/11/18
    by AlleyWatch on 2018-01-11 at 17:07Here are the latest venture capital, seed, and angel deals for NYC startups for 1/11/18. This page will be updated throughout the day to reflect any new fundings. […]

  • 6 Steps To Empower Employees and Unstoppable Growth
    by Martin Zwilling on 2018-01-11 at 15:27As a business advisor, one of the things I see most often as a drag to productivity and growth is employees who, despite their best efforts, can’t change things that they know are hurting the company. They want to grant deserving customers special concessions, or fix a broken process, but are convinced it may cost […]

  • How to Deliberately Build a Scalable Company Culture
    by Mada Seghete on 2018-01-11 at 15:27What defines your company culture? Whenever I look at our company, I am in awe of the amazing team we’ve built — a team dedicated to excellence and execution, and not afraid to try, fail, learn and try again. As we celebrate our 100th hire, I’d like to take the opportunity to answer a question we […]

  • Blackstock & Weber Takes a Modern Approach to The Classic Shoe
    by AlleyWatch on 2018-01-10 at 17:27The old saying goes that “shoes complete the outfit” and Blackstock & Weber is here to help you complete it every time. The affordable and handcrafted ecommerce brand provides direct-to-consumer footwear in a multiplicity of styles suitable for every occasion. Pairing NYC designers with a historic English shoe factory, the company offers unique craftsmanship with […]

  • The AlleyWatch NYC Startup Daily Funding Report: 1/10/18
    by AlleyWatch on 2018-01-10 at 17:07Here are the latest venture capital, seed, and angel deals for NYC startups for 1/10/18. This page will be updated throughout the day to reflect any new fundings. […]

  • How To Calculate Your Total Addressable Market Size
    by George Deeb on 2018-01-10 at 16:27I have written many posts about the importance of determining your industry size for strategic planning or investor pitch purposes.  But, determining your industry size is not always easy, and more importantly, determining your total addressable market (which I will define later), is even more important and an even more nebulous calculation.  So, here is everything you […]

  • 8 Ways New Ventures Burn Resources Without Thinking
    by Martin Zwilling on 2018-01-10 at 15:27Waste in a startup is any activity that spends resources, but creates no value or competitive advantage in the eyes of customers. […]

  • The 10 Largest US Startup Funding Rounds of December 2017
    by Reza Chowdhury on 2018-01-10 at 14:27Armed with some data from our friends at CrunchBase, I broke down the 10 largest rounds in the US during the month of December.  I have included some additional information such as industry, company description, round type, location of the startup, total equity funding raised, and date of funding to further the analysis. To maintain a focus on […]

  • How to Attract Top Tech Talent When Just Starting Out
    by Chris Savage on 2018-01-10 at 14:27Job seekers today have become more interested in finding a career in which they can make an impact, grow and be well compensated for it – whether that’s now or somewhere down the line in the form of equity. Oftentimes, the “good” jobs of today are with lesser-known brands with greater promise than popularity. At Wistia, we […]

  • The December 2017 NYC Venture Capital and Early Stage Funding Report
    by Reza Chowdhury on 2018-01-09 at 17:27Funding in New York was extraordinary in the month of December thanks to some very large late stage rounds and Softbank’s Vision Fund.  New York comprised over 27% of all national startup funding up from November levels where it was already an impressive 25%.  The NYC Tech scene is grabbing a larger share of investor attention and for good reason. […]

The Times of Israel

FinSMEs

  • Tussell Completes £1M Seed Funding
    by FinSMEs on 2018-01-12 at 13:43Tussell, a London, UK-based provider of a tech government procurement platform for businesses of all sizes, completed a £1M seed funding. The round values the company at £5M. Backers included Lord Young of Graffham, Mike Soutar, Tim Ewington, Donal Smith, and Duncan Calam, who all invested in their private capacity. The company will use the […]

  • Hometree Raises £1.9M in Funding
    by FinSMEs on 2018-01-12 at 13:19Hometree, a London, UK-based energy startup, raised £1.9m in funding. Backers included LocalGlobe, DN Capital, Oxford Capital, FJ Labs, and Better Capital founder Jon Moulton. The company intends to use the funds to expand operations and its business reach. Led by Simon Phelan, CEO, Hometree Hometree is a company leveraging technology to deliver a boiler […]

  • Digital Fineprint Raises $2.7M in Funding
    by FinSMEs on 2018-01-12 at 13:11Digital Fineprint, a London, UK-based insurtech startup, raised $2.7m in funding. The round was led by Pentech Ventures, with participation from existing investors Force Over Mass, and angel investors from the insurance and fintech community (including Andy Homer, the previous CEO of AXA UK). In conjunction with the funding, Marc Moens, partner at Pentech Ventures, […]

  • SpendMend Receives Investment from Sheridan Capital Partners
    by FinSMEs on 2018-01-12 at 12:59SpendMend, LLC, a Grand Rapids, MI-based provider of spend visibility and audit recovery services to the healthcare industry, received an investment from Sheridan Capital Partners. The amount of the deal was not disclosed. In the transaction, Sheridan invested alongside SpendMend’s founders and management, who will retain a meaningful ownership stake in the business. The company […]

  • SwipeClock Acquires Shugo
    by FinSMEs on 2018-01-12 at 11:02SwipeClock LLC, a Salt Lake City, UT-based provider of integrated workforce management solutions that enable employers to manage their workforces, has acquired Shugo, a provider of innovative SaaS-based workforce products and services for small- and medium-sized businesses. The amount of the deal was not disclosed. Led by Coleman Barney, CEO, SwipeClock provides TimeWorksPlus, […]

  • Delphon Industries Receives Equity Investment from PWP Growth Equity
    by FinSMEs on 2018-01-12 at 10:47Delphon Industries, a Hayward, California-based manufacturer of device protection and adhesive products, received an equity investment from PWP Growth Equity. The amount of the deal was not disclosed. The investment will allow Delphon to accelerate investments in its people and manufacturing operations, and to continue developing products and customized solutions for new and existing customers. […]

  • Cision to Acquire Prime Research
    by FinSMEs on 2018-01-12 at 10:22Cision (NYSE: CISN), a global provider of earned media software and services to public relations and marketing communications professionals, is to acquire Prime Research, a global provider of media measurement and analysis services. The deal, of undisclosed amount, is expected to close in January of 2018.  The closing of the transaction is subject to customary closing […]

  • Cyxtera To Acquire Immunity
    by FinSMEs on 2018-01-12 at 10:03Cyxtera Technologies, a secure infrastructure company, entered into a definitive agreement to acquire Immunity Inc., a Miami-based privately-held provider of offense-oriented systems vulnerability research, exploit development and penetration testing services. When the transaction closes, Cyxtera will incorporate Immunity’s offerings into its expanding portfolio of threat analytics […]

  • Morgan Stanley Alternative Investment Partners Private Markets Closes First Co-Investment Fund, at $425M
    by FinSMEs on 2018-01-12 at 08:31Morgan Stanley Alternative Investment Partners Private Markets team, an investment team within Morgan Stanley Investment Management, completed the final close of its first standalone co-investment fund. Commitments to Private Equity Co-Investment Fund I (PECO I) totaled $425m, exceeding the target of $350m. Investors include institutions such as private and public pensions, corporations, […]

  • CityStasher Raises $1.1M in Seed Funding
    by FinSMEs on 2018-01-12 at 08:25CityStasher, a London, UK-based network of locations to leave luggage, raised $1.1m in seed funding. The round was led by Venture Friends with participation from Howzat Partners, Charlotte Street Capital and angel investors including James Gibson. In conjunction with the funding, George Dimoupolous, partner and co-founder at VentureFriends, will join CityStasher’s board. The company intends […]

  • Evive Raises $43M in Funding
    by FinSMEs on 2018-01-12 at 08:10Evive, a Chicago, IL-based enterprise benefits engagement platform provider, raised $43m in equity funding. The minority-interest investment was made by Susquehanna Growth Equity, LLC (SGE). The company intends to use the funds to expand across the entire benefits spectrum, including health financial and work/life benefits for large employers, accelerate product innovations, broaden the team with […]

  • Fritz Raises $2M in Seed Funding
    by FinSMEs on 2018-01-12 at 07:54Fritz, a Boston, MA-based provider of an edge computing platform for mobile developers to manage machine learning models, raised $2m in seed funding. The round was led by Eniac Ventures, with participation from Uncork Capital and Hack VC. The company intends to use the funds to continue to expand operations. Currently available for select early […]

SmartCompany

Crowdfund Insider

  • ThinCats Says 2018 is Poised for Growth in SME Lending
    by JD Alois on 2018-01-12 at 03:13ThinCats says 2018 is poised for growth. The online lender reports that December was a record month booking £12 million of funding listed on the platform followed the biggest-ever ThinCats-listed loan of £6.7 million to the Chelsea Yacht & Boat Company at the end of September…. Read More The post ThinCats Says 2018 is Poised for Growth in SME Lending appeared first on […]

  • Full Strength: Hester Peirce & Robert Jackson are Sworn in as SEC Commissioners
    by JD Alois on 2018-01-12 at 02:50The Securities and Exchange Commission has finally filled the two vacant seats on the Commission as Hester M. Peirce and Robert J. Jackson were sworn in today by SEC Chairman Jay Clayton. Peirce and Jackson will join the other two Commissioners, Kara Stein and Michael… Read More The post Full Strength: Hester Peirce & Robert Jackson are Sworn in as SEC Commissioners appeared first on […]

  • The Empire Strikes Back: Traditional Debt and Equity Capital Providers Get Smart(er) About Token Sales
    by Joshua Klayman on 2018-01-11 at 22:21With thanks to Greg Murphy of Outlier Ventures for his contribution to this article. Now that 2018 is well underway, traditional debt and equity capital providers would be wise to re-examine many of their familiar forms of contracts to identify new risks – and realize… Read More The post The Empire Strikes Back: Traditional Debt and Equity Capital Providers Get Smart(er) About Token Sales […]

  • Real Estate Tech Exec Suresh Srinivasan Joins Roofstock as CMO
    by Erin Hobey on 2018-01-11 at 21:36Roofstock, a leading US online marketplace for buying and selling leased single-family rental homes, announced the strategic hire of Suresh Srinivasan as chief marketing officer. Srinivasan has 20 years’ experience leading marketing, product, and e-commerce functions at Fortune 500 and high-growth tech startups. Most recently… Read More The post Real Estate Tech Exec Suresh Srinivasan […]

  • Dianrong Announces Strategic Agreement With Dalian Finance Development Bureau & Dalian Finance Industry Investment Group
    by Samantha Hurst on 2018-01-11 at 18:00Chinese peer-to-peer lending platform Dianrong announced on Thursday it has signed a strategic agreement with Dalian Finance Development Bureau and Dalian Finance Industry Investment Group. Dianrong revealed that according to the agreement it will be developing a series of specific projects in partnership with the Dalian government,… Read More The post Dianrong Announces Strategic […]

  • Kochava Labs Names Open Source Blockchain Framework XCHNG Board of Advisiors
    by Erin Hobey on 2018-01-11 at 17:49Kochava Labs, a research and development subsidiary of Kochava Inc., today announced its initial group of Board of Advisor members to XCHNG, an open source blockchain framework for the digital advertising ecosystem. XCHNG’s inaugural group of advisors aims to bring deep industry knowledge in the… Read More The post Kochava Labs Names Open Source Blockchain Framework XCHNG Board of […]

  • Monzo Announces New Year Plans: It’s Time to Look Ahead to 2018!
    by Samantha Hurst on 2018-01-11 at 17:00On Thursday, challenger bank Monzo announced its plans for the next twelve months. The company reported that in 2018 it wants to focus closely on making upgraded Monzo accounts better for its customers. Monzo revealed a list of items needed to be done and their… Read More The post Monzo Announces New Year Plans: It’s Time to Look Ahead to 2018! appeared first on Crowdfund Insider. […]

  • In Solidarity: Time’s Up Legal Defense Fund Quickly Nears $16.5M GoFundMe Goal
    by Erin Hobey on 2018-01-11 at 16:42“The sexual discrimination, harassment, and assault that has been reported and come to light over the last two months have been equal parts terrifying and illuminating. We stand with all those who have endured sexual harassment: those who have come forward and those who have decided… Read More The post In Solidarity: Time’s Up Legal Defense Fund Quickly Nears $16.5M GoFundMe […]

  • Danish Fintech Cardlay Secures $5 Million Investment from SEB & SEED For Global Expansion
    by Samantha Hurst on 2018-01-11 at 16:00On Thursday, Danish fintech Cardlay announced it secured a $5 million investment from SEB and SEED as it prepares to expand globally. Founded in 2016, Cardlay describes itself as a single software platform that issues, loads, and manages cards and expenses globally. The company noted it… Read More The post Danish Fintech Cardlay Secures $5 Million Investment from SEB & SEED For Global […]

  • This is Interesting: tZero Partners with Polymath on Initial Coin Offering
    by JD Alois on 2018-01-11 at 15:32Security initial coin offering (ICO) specialists Polymath has announced a partnership with tZero. The Overstock subsidiary is currently hosting its ICO on SaftLaunch enlisting institutional investors for its security offer. Apparently, Polymath has already provided advice to tZERO on the design, economic model, and distribution of… Read More The post This is Interesting: tZero Partners […]

Tech.eu

  • Danish fintech startup Cardlay raises €4 million in Series A funding
    by Jonathan Keane on 2018-01-11 at 17:45Cardlay, a fintech startup in Denmark, has announced a new funding round of 30 million DKK (about €4 million) from SEED Capital and SEB Venture Capital alongside investors Thorleif Krarup, Klaus Holse, Jørgen Bardenfleth, and Herbert Nathan. Odense-based Cardlay has developed a management platform for payment cards and expenses that’s targeted at commercial banks. The […]

  • Social analytics firm Talkwalker acquired by Marlin Equity Partners
    by Jonathan Keane on 2018-01-11 at 14:28Talkwalker, a Luxembourgish AI and analytics company, has been acquired by Marlin Equity Partners, a private equity firm from California. No figures were disclosed. The company’s founders and management will continue in their roles to grow the company with the aid of Marlin. Talkwalker’s AI software is used by brands to analyse and collect data […] The post Social analytics […]

  • OurCrowd launches Cognitiv, a new $100 million investment fund
    by Jonathan Keane on 2018-01-11 at 14:00Equity crowdfunding platform OurCrowd has launched a $100 million fund called Cognitiv to invest in AI, deep learning, IoT, robotics, and digital manufacturing startups. The Israeli fund is led by partners Avi Reichental (former CEO of 3D Systems), Eduardo Shoval, and Yori Nelken. Shoval and Nelken previously led the OurCrowd First fund. Cognitiv focus is […] The post OurCrowd launches […]

  • French SaaS startup Sellsy raises €7 million to expand internationally
    by Jonathan Keane on 2018-01-11 at 13:07French sales management software company Sellsy has raised €7 million from services firm SofiOuest to begin internationalising. The new funds will first be used to bolster the company’s position in France (where it currently has around 3,200 customers using its SaaS product) before expanding internationally. It is considering opening its first office outside of France, […] The […]

  • Last chance to apply for the Fit 4 Start programme in Luxembourg
    by Jonathan Keane on 2018-01-11 at 12:36Applications are open for the Fit 4 Start startup programme in Luxembourg, which provides assistance and mentorship to young tech companies. The post Last chance to apply for the Fit 4 Start programme in Luxembourg appeared first on Tech.eu. […]

  • Belgian marketing platform Qualifio raises €3 million Series A round
    by Jonathan Keane on 2018-01-11 at 10:31Marketing tech startup Qualifio has announced a Series A round of €3 million from Volta Ventures and Société Régionale d’Investissement de Wallonie (SRIW), the investment arm of the Walloon Region government in Belgium. The SaaS-based interactive marketing and data collection platform is used for creating marketing content and analysing the data it generates. Its […]

  • Portugal’s Unbabel raises $23 million for its AI translation tool
    by Jonathan Keane on 2018-01-11 at 08:00Translation tool Unbabel has raised $23 million from several investors including Scale Venture Partners, Microsoft Ventures, Salesforce Ventures, Samsung NEXT, Notion Capital, Caixa Capital, and Funders Club. Unbabel was founded in Portugal and is now based in San Francisco after it graduated from Y Combinator. The company develops software using AI for analysing and translating […] The […]

  • what3words announces backing from Daimler and integration with Mercedes-Benz
    by Jonathan Keane on 2018-01-10 at 12:29what3words, the London-based digital mapping startup, has announced that it has secured investment from automotive giant Daimler, which is taking a 10% stake. No other figures were disclosed. what3words is an alternative geocoding service that has divided the world into 57 trillion squares of three metres, and attributed three words to each square using its […] The post what3words […]

  • Sweden’s Luminar Ventures announces €50 million fund to back early stage startups
    by Jonathan Keane on 2018-01-10 at 11:30Luminar Ventures has launched a new 500 million SEK (€50 million) seed fund to back Swedish tech companies. The newly-launched Stockholm-based VC firm has been cofounded by angel investors Magnus Bergman, an early backer in Truecaller, and Jacob Key, who has invested in more than 20 companies. The fund will invest in large seed rounds […] The post Sweden’s Luminar Ventures […]

  • UK fintech platform Goji gets backing from AXA and Anthemis
    by Jonathan Keane on 2018-01-10 at 00:01Goji, a platform for direct lending investment products, has announced a Series A funding round from AXA Strategic Ventures, the insurance firm’s investment arm, and Anthemis; however no figures for the investment were disclosed. The London-based company will invest the “multi-million pound” funding in further product development, such as in its Diversified P2P Lending Bond, […]

StartupJuncture

  • DFFRNT Media raises funding from media mogul John de Mol
    by Samir Saberi on 2018-01-10 at 11:06Amsterdam-based startup DFFRNT Media has raised a minority stake investment from Talpa Network, the one-stop shop of media billionaire John de Mol. Marketing and e-commerce business TCC Global also chipped in. Financial details about the transaction have not been disclosed. DFFRNT Media was founded in 2016 by media veterans Taco Ketelaar, Bas Verhart and the […] The post DFFRNT Media […]

  • Dutch Startup News: CES, €442 million and badass female tech founders
    by Samir Saberi on 2018-01-08 at 10:44What happens in the startup scene in The Netherlands right now? Find out in another Dutch startup news update! News & Updates 53 Dutch startups preset at CES This week the tech world will come together at the CES to showcase the latest new products and technologies the best of the best in the world […] The post Dutch Startup News: CES, €442 million and badass female tech […]

  • Dutch Funding Overview 2017: €442 million in total
    by Sabine de Witte on 2017-12-29 at 14:382017 was a year with many surprising investments, even a few amounts that we haven’t seen before in the Dutch startup eco-system. Our economy is certainly doing better and startups can now seed from the education and support given over the years. Startups mean innovation, change. The total amount of investments in the Dutch startup […] The post Dutch Funding Overview 2017: €442 […]

  • Journalism’s savior startup Blendle aims to raise millions in 2018
    by Samir Saberi on 2017-12-28 at 13:20The ‘Spotify for News’ and startup darling of late, Blendle is in need of new cash. The Dutch financial times, Het Financiele Dagblad (FD), reports (in Dutch) about the company’s financial position based on an analysis of the annual report that Blendle deposited last week. In a response to the article the company’s co-founder and CEO […] The post […]

  • How to contact a venture capitalist – guestpost
    by Guestblog on 2017-12-27 at 09:01Does it matter how I contact a venture capitalist? Yes, it does! It matters a lot. Venture capitalists (VCs) such as Volta Ventures, Peak Capital, Henq, Newion and a dozen others, typically receive numerous pitch decks every week and must make choices on which they spend their time. As a startup, you can direct this process by […] The post How to contact a venture capitalist […]

  • IoT startup Triggi raises €1.1M from Talpa media exec Pim Schmitz 
    by Samir Saberi on 2017-12-22 at 12:11The team behind the Dutch ‘Nest’ smart thermostate ‘Toon’ has raised 1.1. million euro from a group of investors for their IoT startup Triggi. Pim Schmitz, the CEO of Talpa, the media company of billionaire John de Mol, is the most prominent investor in the startup. The founders, Arjen Noorbergen and Tom Meijeraan, and existing investors also […] The post […]

  • Medtech startup Health Value Creation raises €2 million 
    by Samir Saberi on 2017-12-22 at 08:01Maastricht-based medtech startup Health Value Creation that develops surgical devices for minimal invasive surgeries in the stomach (laparoscopic) and bowel has raised 2 million euro in a Series-A round led by Chemelot Ventures. Limburg Business Development Fund (LBDF) and existing shareholder Inkef Capital also participated in the round.  The capital raised will be used to […] The […]

  • Call for input: Annual Funding Overview 2017
    by Sabine de Witte on 2017-12-20 at 15:14At StartupJuncture we aim to bring you funding and startup news and insights. In this way we hope to contribute to a thriving startup ecosystem and promote the great things happening here internationally.  We can’t do this without the help of our partners: startups, investors, fellow-journalists, accelerators, corporate companies and public organisations such StartupDelta and […]

  • Influencer network Join raises 1 million euro investment
    by Sabine de Witte on 2017-12-19 at 18:05The influencer-marketingplatform Join aims to conquer the European market with their series-A. The platform was founded in 2017 by Paolo Martorino and Edwin Knip, the capital injection was made by Airbridge Equity Partners only. Match brands and influencers via AI At the moment the platform matches marketeers with influencers based on their interests and media […] The post Influencer […]

  • Smart Tags developer TicTag raises €300K in seed-round 
    by Samir Saberi on 2017-12-19 at 13:43Arnhem based startup TicTag raises €300.000 in a seed-round from a group of informal investors, HighTechXL and Greven Investments. The informal investors include Kees van der Geer, Aart Jan Schouten and Martijn de Vrij. The capital raised will be used to further the development of the Smart Tag, currently a unique stamp that activities a unique action when […] The post […]

Inc42

  • Cab Aggregator Ola Acquired Foodpanda India For As Little As $4.4 Mn
    by Sukanya Mukherjee on 2018-01-12 at 07:00Homegrown cab aggregator Ola acquired Foodpanda India from Germany-based Delivery Hero Group for as little as $4.4 Mn (INR 28 Cr). As per its filings with the Ministry of Corporate Affairs, Ola parent ANI Technologies issued preference shares worth $4.4 Mn to buy 100% stake in Pisces eServices, the Indian company that operates Foodpanda. The […] The post Cab Aggregator Ola Acquired […]

  • Paytm Parent One97 Cuts Losses By 40% In FY2017 On Account Of Restructuring
    by Shweta Modgil on 2018-01-12 at 05:29One97 Communication, the parent company of Paytm has managed to reduce its losses by over 40% after the restructuring exercise wherein it separated its online retail from its payments business in 2016. As per ROC filings, the exercise may have helped it reduce losses to $141.47 Mn (INR 900 Cr) in financial year 2016-17 from […] The post Paytm Parent One97 Cuts Losses By 40% In FY2017 On […]

  • Reliance Jio To Launch Its Own Cryptocurrency JioCoin
    by Suprita Anupam on 2018-01-12 at 04:45After Burger King, Kodak, Telegram, and Bank of England, India’s fourth-largest telecom giant Reliance Jio, a wholly-owned subsidiary of Mukesh Ambani led Reliance Group, is now set to launch its own cryptocurrency dubbed as JioCoin. Akash Ambani, the elder son of Mukesh Ambani is leading a 50-member team, working on blockchain technology for the JioCoin project, […] The post […]

  • Embassy Group Fuels $15.6 Mn In Coworking Space WeWork India
    by Suprita Anupam on 2018-01-11 at 15:07Real estate giant Embassy Group has fueled another $15.6 Mn in its coworking space JV WeWork India. 10 Mn compulsorily convertible Series B debentures with a face value of $1.6 (INR 100) each, will be allotted to Embassy Group, according to the latest MCA filing by WeWork India. WeWork India is a joint venture of New […] The post Embassy Group Fuels $15.6 Mn In Coworking Space WeWork […]

  • Startups Come Together To Form India’s First Association Of P2P Lending Platforms
    by Sukanya Mukherjee on 2018-01-11 at 13:17Just over three months after the RBI released the official guidelines for non-banking financial companies (NBFCs) engaged in P2P lending, the country’s peer-to-peer lending platforms have come together to form the Association of P2P Lending Platforms. The first-of-its-kind association will act as a representative for its members as well as the country’s P2P lending industry. […]

  • Healthtech Startup HealthAssure To Invest $15 Mn Over The Next Three Years
    by Sukanya Mukherjee on 2018-01-11 at 12:15HealthAssure, a seven-year old heathtech startup providing access to primary care to insurers and corporates across 1,000 cities, has announced plans to invest $15 Mn over the next three years. The investment will be geared towards strengthening its primary care network and tech capabilities, in order to ensure better access to affordable healthcare in the […] The post Healthtech Startup […]

  • Election Commission To Further Push Digital Tools In Poll Bound Karnataka
    by Gaurav Agrawal on 2018-01-11 at 11:49The Election Commission of India has tightened its sleeves to push the “Digital India” agenda by introducing a slew of measures in the upcoming state elections of Karnataka this year. Reportedly, the commission is going to make use of Voter Verified Paper Audit Trial aka VVPAT machines, a digital security net, and a ‘Digital Atlas’, […] The post Election Commission […]

  • Electric Vehicles This Week: Tata Power Unveils Two EV Charging Stations In Mumbai
    by Sukanya Mukherjee on 2018-01-11 at 10:26The Indian electric vehicles market has much to rejoice this week. On the one hand, the first batch of the government’s EV tender is scheduled to be delivered in Delhi next week. On the other, French automobile manufacturer Renault is gearing up to launch Electric Kwid in China, followed by India. Why is it important, […] The post Electric Vehicles This Week: Tata Power Unveils Two […]

  • CBA Capital Makes First Close Of Early Stage VC Startup Fund At $15.6 Mn
    by Meha Agarwal on 2018-01-11 at 07:27Bengaluru-based education-focused VC fund CBA Capital has raised $15.6 Mn (INR 100 Cr) towards the first close of its fund, Education Catalyst Fund or ECF. The VC fund will focus on backing startups at Pre-Series A, Series A, B and C equity rounds. ECF’s mission is to support 15 entrepreneurs dedicated to providing solutions for […] The post CBA Capital Makes First Close Of Early […]

  • Amazon Patni JV Appario Retail Raises $18.8 Mn Funding From Parent Frontizo
    by Sukanya Mukherjee on 2018-01-11 at 06:42Appario Retail, the seller entity formed under the joint venture between Amazon and Patni Group, has raised $18.8 Mn (INR 120 Cr) funding from parent Frontizo Business Services. The development comes less than a month after the Delhi-based company received a capital infusion of $15.69 Mn (INR 100 Cr) from its parent entity. Prior to […] The post Amazon Patni JV Appario Retail Raises $18.8 […]

  • Cab Aggregator Ola Looks To Set Up Operations In Australia And New Zealand
    by Sukanya Mukherjee on 2018-01-11 at 06:00Home-bred cab aggregator Ola is reportedly looking to set up operations in Australia and New Zealand. The move is aimed at accelerating growth, while also furthering investor Didi Chuxing’s plans to capture the globe ride-hailing market. In line with its expansion goals, Ola has already set up teams in Dhaka, Bangladesh and Colombo, Sri Lanka. […] The post Cab Aggregator Ola Looks To […]

  • Warren Buffett Predicts A Bad Ending For Cryptocurrencies And Bitcoins
    by Shweta Modgil on 2018-01-11 at 05:41“I get into enough trouble with things I think I know something about. Why in the world should I take a long or short position in something I don’t know anything about,” told billionaire investor Warren Buffett to CNBC when questioned about Bitcoins and cryptocurrencies. The Oracle of Omaha dismissed the craze over Bitcoins and […] The post Warren Buffett Predicts A Bad […]

TechCrunch

  • Alexa will have her own opinions on beer, TV shows and more
    by Sarah Perez on 2018-01-12 at 16:44 Alexa is starting to think for herself. The personal assistant that’s built into Amazon devices like Echo smart speakers and Fire TV may better distinguish itself from competitors like Google Assistant in the future by offering up not just facts or recommendations, but by having her own opinions on things that weren’t explicitly added to her programming. This will come into […]

  • Original Content podcast: Looking into the dark future of Netflix’s ‘Black Mirror’
    by Anthony Ha,Jordan Crook on 2018-01-12 at 16:42 Netflix has delivered another six glimpses into Black Mirror‘s often-bleak view of technology and humanity. On the latest episode of TechCrunch’s Original Content podcast, one of your regular hosts, Anthony Ha, is joined by Jordan Crook to discuss the fourth season of the science fiction anthology series. While we liked it — in fact, we both thought it might be […]

  • Equity podcast: 2017’s top tech acquisitions and what’s in store for 2018
    by Alex Wilhelm on 2018-01-12 at 14:01 Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This week we took a look back at the year’s M&A market, which brought some big wins and some low lights. Equity this week was Katie Roof, Alex Wilhelm, and Jamie Leigh, a partner at Cooley, who joined us to go over the year’s receipts. […]

  • New bill bans US government agencies using contractors with Huawei or ZTE tech
    by Jon Russell on 2018-01-12 at 10:33 There’s more misery ahead for Huawei, which just saw AT&T pull out of a deal to carry its first smartphone, and fellow Chinese tech firm ZTE. The duo are well known for their growing smartphone businesses worldwide, but it is their more established telecom networking and equipment units that are again under fire in Washington. A new bill introduced to Congress proposes a […]

  • GM and Cruise reveal their fourth-generation, steering wheel-free Cruise AV
    by Darrell Etherington on 2018-01-12 at 05:01 GM and Cruise are making progress on their plan to deploy autonomous vehicles on roads for the public: Today, it’s showing off its fourth-generation Cruise Autonomous Vehicle (AV), which comes just a few short months after it first revealed its third-generation vehicle. The fourth generation car is production-ready, according to GM’s Dan Ammann, who discussed the new vehicle on […]

  • Snapchat’s big redesign bashed in 83% of user reviews
    by Josh Constine on 2018-01-12 at 04:38 Confusingly jamming Stories in between private messages has sparked backlash amongst the first users of Snapchat’s sweeping redesign. In the few countries including the U.K., Australia, and Canada where the redesign is widely available, 83 percent of App Store reviews (1,941) for the update are negative with one or two stars, according to data provided to TechCrunch by mobile […]

  • Source: Verizon to sharpen content strategy with OTT video service, IoT platform
    by Ingrid Lunden,Sarah Perez on 2018-01-12 at 04:23 At CES, the big consumer electronics show underway this week in Las Vegas (when the lights are working), TechCrunch has learned that Verizon is working away on a couple of new services that will see the carrier once again trying to grow its business beyond basic broadband and mobile connectivity, as it gears up to compete with the likes of Amazon and other tech companies, as well as […]

  • Nuheara’s voice amplifying earbuds offer customizable hearing profiles
    by Brian Heater on 2018-01-12 at 02:19 Nuheara’s new IQBuds Boost headphones exist in a a strange sort of in-between spot. Like the rest of the company’s line, they’re clearly one of countless devices looking to compete in the crowded world of bluetooth earbuds. Like the standard IQBuds before them, however, they’re also designed to boost hearing. But the Boosts are an attempt to be even more, […]

  • This ring lets you bend musical notes on a keyboard with a wave of your hand
    by Greg Kumparak on 2018-01-12 at 01:56 We saw a small mountain of cool stuff at CES this week, but this one is still on my mind a few days later. It’s a ring you wear while playing a MIDI keyboard. By wavering your hand or sliding your fingers up the keys, you can change the vibrato or intensity of your notes. It’s an effect perhaps best demonstrated on video: Read Mor […]

  • Blocks hopes to court enterprise customers with its modular smartwatch
    by Brian Heater on 2018-01-12 at 01:48 As we noted earlier this week, the mere fact that Blocks was able to bring its modular smartwatch system to market feels like a minor miracle. The company appears to have not taken the easy route in any respect. It could have launched an Android Wear device, but instead opted to skin a scaled down version of stock Android. And then there’s the modules — the company […]

  • Mercedes-Benz’s new MBUX in-car assistant and smart UI rocks
    by Darrell Etherington on 2018-01-12 at 01:35 It’s rare that I pay much attention to automaker infotainment and multimedia system updates at CES – usually there’s too much going on with autonomy, electrification and mobility services to give it much thought. This year, however, Mercedes-Benz had one of the most interesting announcements at the show with its new MBUX smart multimedia system and in-car voice […]

  • Sensel is shopping around its Morph trackpad tech for use in other devices
    by Brian Heater on 2018-01-12 at 00:56 It took two years, but Sensel finally managed to start shipping the Morph to backers. The company apparently ran into every potential pitfall for a brand new hardware manufacturer, including a microscopic design flaw that forced it to scrap an entire run, resulting in around $60,000 in costs. That’s not an insignificant number for a startup — even one that’s managed to […]

Fortune

VentureBeat

  • GM unveils autonomous vehicle with no steering wheel or pedals, plans for 2019 launch
    by Paul Sawers on 2018-01-12 at 10:17General Motors (GM) has revealed that it’s on track to put its first self-driving car on roads by 2019. Today, the company revealed the fourth generation of its electric driverless vehicle, the Cruise AV, will have no manual controls such as pedals or a steering wheel. Though many companies are already testing driverless cars on&nbs […]

  • U.S. House passes bill to renew NSA warrantless internet surveillance
    by Reuters on 2018-01-12 at 05:54(Reuters) — The U.S. House of Representatives on Thursday passed a bill to renew the National Security Agency’s warrantless internet surveillance program, overcoming objections from privacy advocates and confusion prompted by morning tweets from President Donald Trump that initially questioned the spying tool. The legislation, which passed 256-164 and split party lines, is the […]

  • Microsoft releases new Windows 10 preview with localization, Edge, shell, settings, and input improvements
    by Emil Protalinski on 2018-01-12 at 04:02Microsoft today released a new Windows 10 preview for PCs with localization, Edge, shell, settings, and input improvements, among other additions. This build is part of the RS4 branch, which represents the next Windows 10 update the company has yet to announce (but we already know a little about). Windows 10 is a service, meaning&nbs […]

  • Zuckerberg: Facebook engagement will likely decline after News Feed changes that show more posts by friends
    by Khari Johnson on 2018-01-12 at 03:22Facebook users can expect to see more posts from their friends and family in their News Feeds in the coming months, the company announced today. Posts that generate high levels of engagement will also be featured higher in the News Feed. Businesses and organizations with Facebook Pages may experience a decline in pageviews and engagement&nbs […]

  • AI Weekly: AI assistant success is defined by each tech giant’s business strategy
    by Khari Johnson on 2018-01-12 at 02:15Unless you live under a rock, you probably saw headlines this week about a war between Google Assistant and Amazon’s Alexa at the Consumer Electronics Show (CES) in Las Vegas. So what’s the takeaway? Alexa in personal computers and AR glasses may be a bit surprising, but the CES 2018 theme seemed to be the&nbs […]

  • PC Gaming Weekly: In modders we trust
    by Jason Wilson on 2018-01-12 at 02:12When Civilization VI debuted in October 2016, I played it, and I enjoyed it. And then I stopped playing a few weeks after launch. This was earliest I’d ever abandoned a Civ game, the build-your-empire franchise that first debuted in 1991. For nearly 27 years and over 40 million games sold, the six games in&nbs […]

  • Esports is driving the South Korean PC gaming market to new heights
    by Rivi Bloch on 2018-01-12 at 00:30GUEST: In South Korea, gaming is big business. Nearly everywhere you turn, you see an ad for a game—from subway stations to billboards to television. According to a recent report, the country’s online gaming sector has grown by almost 15 percent, reaching 83 billion won, or $76.2 million, as of 2016. Traditionally, games developed in Korea&nbs […]

  • The future of AI as a creative marketing tool
    by Niko Nelissen, Blendr.io on 2018-01-12 at 00:10GUEST: AI attracts a lot of attention from many different industries, and marketing is no exception. There are a lot of discussions going on about how AI can help companies make their marketing efforts more efficient. When speaking about AI in marketing, the focus is usually on how AI can effectively process big data to make predictions,&nbs […]

  • Rave-shooter Space Invaders Extreme hits Steam on series’ 40th birthday
    by Jason Wilson on 2018-01-11 at 23:07Space Invaders is one of the most important games in the industry’s history. It debuted in 1978, and it’s turning 40. And Taito, the company that made the landmark game so many years ago, is releasing Degica Games’ 2008 Space Invaders Extreme on Steam in February. Extreme came out on the Nintendo DS and the&nbs […]

  • Gartner and IDC agree: HP shipped the most PCs in 2017
    by Emil Protalinski on 2018-01-11 at 22:32The PC market is still declining, according to research firm Gartner, while IDC found that Q4 2017 actually saw positive growth and that 2017 was the most stable year the market has seen since 2011. But both agreed on the makeup of the top three computer makers: HP won 2017, followed closely by Lenovo, and&nbs […]

  • PlayerUnknown’s Battlegrounds Xbox has sold 3 million copies in a month
    by Jeff Grubb on 2018-01-11 at 22:26Xbox One didn’t have a traditional blockbuster exclusive at the end of last year, but I’m having a difficult time seeing how that matters when the one game it did publish just surpassed 3 million copies sold since December 12. PlayerUnknown’s Battlegrounds continues its reign as a sales behemoth and as a smart move for&nbs […]

  • 6 Alexa optimization tips for new users
    by Cosette Jarrett on 2018-01-11 at 22:10There’s a lot of buzz about smart speakers at the moment, and for once the hype is well-deserved. These handy AIs can streamline everyday tasks and increase efficiency using the most natural interface known to humankind: voice. Despite the advanced capabilities these devices have to offer, it’s possible that if you were the lucky recipient&nbs […]

Reuters

  • Rents boost U.S. core CPI; retail sales rise solidly
    on 2018-01-12 at 16:47WASHINGTON (Reuters) – Underlying U.S. consumer prices recorded their largest increase in 11 months in December on gains in the cost of rental accommodations and healthcare, bolstering expectations that inflation will accelerate this year. […]

  • Wall Street higher as consumer and bank stocks gain
    on 2018-01-12 at 16:40(Reuters) – Wall Street’s main indexes were higher on Friday as strong December retail sales data drove gains in consumer stocks and bank results pushed up the financial sector. […]

  • U.S. agency probing 2018 VW Tiguan for seat belt issue: statement
    on 2018-01-12 at 16:32WASHINGTON (Reuters) – The U.S. National Highway Traffic Safety Administration said Friday it has opened a preliminary investigation into whether seat belts on new 2018 Volkswagen Tiguan sport utility vehicles could fail during a crash. […]

  • JPMorgan says tax changes will spur more profits after quarterly beat
    on 2018-01-12 at 16:31(Reuters) – JPMorgan Chase & Co beat Wall Street’s fourth-quarter earnings expectations on Friday and said tax law changes will help future profits by not only reducing the amount it pays the federal government but also by stimulating more business. […]

  • Federal Reserve fines five banks to wrap up mortgage servicing charges
    on 2018-01-12 at 16:25WASHINGTON (Reuters) – The Federal Reserve fined five large U.S. banks a combined $35.1 million to settle cases of mortgage servicing flaws dating back to 2011. […]

  • Mnuchin sees $1 trillion revenue growth from U.S. tax overhaul
    on 2018-01-12 at 15:22WASHINGTON (Reuters) – U.S. Treasury Secretary Steven Mnuchin said on Friday he believed the Republican tax cuts will ultimately become revenue neutral over 10 years due to higher growth, but the Treasury will likely ask Congress for more money to implement the plan. […]

  • Wells Fargo adds $3.25 billion to consumer legal bill in fourth quarter
    on 2018-01-12 at 14:36(Reuters) – Wells Fargo & Co set aside $3.25 billion in the fourth quarter to cover legal expenses related to probes into its mortgage and sales practices, but its 2018 cost outlook met analyst expectations as the bank tries to rebound from the scandal in its consumer banking business. […]

  • Canada welcomes Trump suggestion of NAFTA deadline extension
    on 2018-01-12 at 14:32LONDON, Ontario (Reuters) – Canada welcomes the suggestion by U.S. President Donald Trump that the deadline for concluding talks to modernize NAFTA could be extended beyond the end of March, Foreign Minister Chrystia Freeland told reporters on Friday. […]

  • Chinese bitcoin miners eye sites in energy-rich Canada
    on 2018-01-12 at 14:16MONTREAL/SHANGHAI (Reuters) – China’s Bitmain Technologies is eyeing bitcoin mining sites in Quebec, a company spokesman told Reuters, as expectations of a potential Chinese crackdown on cryptocurrency mining make the energy-rich Canadian province an attractive alternative. […]

  • Explainer: Investors to scour outlooks for U.S. companies’ tax cut plans
    on 2018-01-12 at 06:11NEW YORK (Reuters) – Corporate results for 2017’s final quarter will start pouring in next week and are expected to be laden with one-time charges as U.S. companies begin to cope with tax code changes, including a one-time tax on trillions of dollars in profits held overseas. […]

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