Startups

Latvian Lab Developing Technology to Help Earth Dodge Asteroids

Agence France-Presse | Wednesday December 2, 2020

A team of scientists at Riga Technical University is working on technology that could one day stop asteroids from smashing into Earth. The high-precision timers being built by hand in the lab of Latvian startup Eventech are currently being used to track satellites.

Net Pix Shorts Digital Media Becomes 7th Company To Get Listed On BSE Startups

Business | Edited by Nikita Prasad | Wednesday December 2, 2020

The Net Pix Shorts Digital Media Limited came out with an initial public offering (IPO) of 900,000 equity shares of Rs.10/ each for cash at a price of Rs. 30/ per equity share as the offer price, aggregating to Rs. 270 lakh.

Oyo Chief, Ritesh Aggarwal, Who Is 27, Explains Recovery Plans

India News | Saritha Rai, Bloomberg | Tuesday December 1, 2020

Ritesh Agarwal, founder and chief executive officer of Oyo Hotels, told employees the Indian startup is making progress in recovering from the coronavirus fallout and has about $1 billion to fund operations until an initial public offering.

Facebook, Google, More Tech Giants to Face Digital Tax in Canada in 2022

Reuters | Tuesday December 1, 2020

Canada plans to impose a tax on corporations providing digital services from 2022 that will stay in place until major nations come up with a coordinated approach on taxation.

Facebook Buys Online Customer Service Startup Kustomer

Agence France-Presse | Tuesday December 1, 2020

Facebook announced it is buying Kustomer, a startup specialising in helping businesses interact with customers online.

How Indian Tech Startup Khatabook Found Opportunity in Ledgers and Accounts

Tasneem Akolawala | Wednesday November 25, 2020

With startup culture thriving in India and the need for ‘going local’ becoming increasingly popular, we take a look at all the hottest tech startups grabbing headlines in the country. Gadgets 360 talks to Khatabook co-founder Ravish Naresh to know of the company’s history, growth, and future plans. We also talk to experts to understand what t...

Kerala: SkEdu App For School Students To Be Launched On November 22

Education | Reported by Press Trust of India | Sunday November 22, 2020

SkEdu is a one-of-its-kind application that blends technological innovations with emotions for the mental well- being of the students, a Kerala Startup Mission (KSUM) release said on Saturday.

How Airbnb CEO Brian Chesky Succumbed to an IPO He Resisted

Reuters | Monday November 23, 2020

Airbnb CEO Brian Chesky resisted calls from his investors for years to follow the lead of other Silicon Valley unicorns and take the home rental startup public, as he pursued his dream of turning it into a one-stop shop for leisure and travel. He is now pressing ahead with a stock market debut just as the COVID-19 pandemic hits its peak.

Rivian CEO Eyes Smaller Electric Vehicles For China, Europe

Reuters | Thursday November 19, 2020

Electric vehicle startup Rivian, which is backed by Amazon and Ford Motor Co, on Wednesday said it plans to follow up its first two products, a full-size pickup and SUV, with smaller models targeted at China and Europe where it may eventually build some vehicles.

Former Yahoo CEO Marissa Mayer Makes Comeback With Sunshine Contacts App

Agence France-Presse | Thursday November 19, 2020

Former Yahoo chief executive Marissa Mayer began her comeback to the tech scene with the launch of new mobile app Sunshine Contacts aimed at helping people organise their contacts.

IIT Hyderabad Startup PURE EV To Launch ‘Etrance Neo’ Electric Scooter

Education | Edited by Bishal Kalita | Tuesday November 17, 2020

PURE EV: The new model Etrance Neo can accelerate from zero to 40 kmph in five seconds and its 2,500 watt-hours (Wh) battery gives the vehicle a range of 120 km for a single charge.

Maruti Suzuki Invites Start-Ups To Participate In the 5th Edition Of Its MAIL Initiative

Edited By Seshan Vijayraghvan | Tuesday November 17, 2020

Maruti Suzuki India has announced opening entries for the fifth round of its Mobility & Automobile Innovation Lab (MAIL) initiative. The company is inviting start-ups to participate in this innovative programme, which will give them an opportunity to work on technology and solutions that can be applied in real-world business scenarios.

Startups Seek High-Tech Solutions For Massive Food Waste

Business | Reuters | Thursday November 12, 2020

Entrepreneurs are selling farmers apps to connect them to big buyers nationwide and using artificial intelligence to improve the rickety supply chains that lose one-fourth of India's produce to wastage.

Microsoft to Invest in Ant Group-Backed Indonesian Startup Bukalapak

Gadgets 360 Staff With Inputs From Reuters | Tuesday November 3, 2020

Microsoft said on Tuesday it has linked up with Ant Group-backed Indonesian startup Bukalapak and will invest in the e-commerce platform.

WeWork To Revisit IPO Plans Only When Profitable: CEO Sandeep Mathrani

Business | Saritha Rai, Bloomberg | Friday October 30, 2020

Last week, Fitch Ratings lowered WeWork's credit rating and warned the once high-flying startup could default on its obligations.