Top five Startups Meet Investors At Demo Day

Tousif Alam May 30, 2016

After 4 months with the GP Accelerator program, the five startups got the opportunity to present their businesses in front of more than 100 attendees including investors and professionals on Demo Day, today at GPHOUSE. Rajeev Sethi, CEO of Grameenphone launched the event by reiterating the journey of the Grameenphone Accelerator program. Before the speeches of an introductory session titled

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Robi Ad Maker Bangladesh 2016 Arranged By NSU YES!

North South University’s Young Entrepreneur’s Society, otherwise known as NSU

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Two-Wheeler Servicing Platform LetsService Gets Angel Funding

Bangalore-based LetsService Automotive Technologies Pvt. Ltd. backed LetsService, an on-demand

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Lifestyle Etailer Fashionara and Food Delivery Startup ZuperMeal Shut Down Their Operations

Bangalore based online fashion and lifestyle store Fashionara.com has shut

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Walton Launches New Smartphone ‘Primo ZX2 Lite’

Walton has launched its latest and most stylish multifunctional android

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Snapdeal Establishes Its US Based Data Sciences Center In California

Snapdeal, Indian online marketplace, announced the establishment of its Data

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Two-Wheeler Servicing Platform LetsService Gets Angel Funding

SD Asia Desk India May 30, 2016

Bangalore-based LetsService Automotive Technologies Pvt. Ltd. backed LetsService, an on-demand marketplace and booking platform for two-wheeler servicing, has raised angel funding from QuEST Global chief operating officer Ajay Prabhu and Julia Computing Inc. co-founder Deepak Vinchhi. The funding was raised earlier this year, will be used to build technology, streamline operations and upgrade its app.

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Lifestyle Etailer Fashionara and Food Delivery Startup ZuperMeal Shut Down Their Operations

SD Asia Desk India May 30, 2016

Bangalore based online fashion and lifestyle store Fashionara.com has shut down its operations as its website and app are no longer accessible. Besides, Chef home food delivery startup ZuperMeal has closed down its operations eight months after it raised seed funding. The ZuperMeal app, when downloaded, is showing error message. The website of the firm is also not working.

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Walton Launches New Smartphone ‘Primo ZX2 Lite’

SD Asia Desk Bangladesh May 30, 2016

Walton has launched its latest and most stylish multifunctional android smartphone “Primo ZX2 Lite,” featured with Lolipop 5.1 operating system, 6-inch full HD screen, 2.5D curved glass, express fast charging technology, high performance 5020 mAh Li-polymer battery, USB Type C with ‘Express Fast Charging’ technology to charge the phone less than two hours.

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Snapdeal Establishes Its US Based Data Sciences Center In California

SD Asia Desk World May 30, 2016

Snapdeal, Indian online marketplace, announced the establishment of its Data Sciences Center in San Carlos, California. This is in line with the company’s vision to onboard top global talent to help build high-value solutions and develop a high impact growth strategy. The center will focus on big data and advanced analytics to add granular clarity to Snapdeal’s consumer-centric initiatives.

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Square Introduces Android Register API To Integrate Mobile Payments With Other Apps

SD Asia Desk World May 30, 2016

Square, the company that makes those little headphone jack credit card reader is hoping to expand itself with its latest API, which allows developers to integrate Square payments into their independent Android apps. Users will still need the Square app installed on their phone or tablet, and once the API is activated it pops out into the dedicated Square app.

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Career Café Entrepreneurs Meet Up on June 04

SD Asia Desk Bangladesh May 30, 2016

Career café-a non-profit platform for Career mentoring and entrepreneurs  is organizing a session titled Entrepreneurs Meet Up on June 04 at Eastern University campus. In the session speaker will discuss on Journey of an Entrepreneurs, Employee to Employer, Funding opportunities for Startups in Bangladesh and Digital Marketing for Entrepreneurs. More than 150 entrepreneurs will attend the meetup.  

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Ola Launches Luxury Car Line, Hitch A Ride With A Jaguar, Audi Or Mercedeas

SD Asia Desk India May 30, 2016

For the college student who has been dreaming of travelling in their favorite luxury car, Ola is making their dreams come true. It has introduced a new category of their app that can be used to hails those super called ‘Ola Lux’, a service which provides luxury cars along the lines of Jaguar, Mercedes, Audi, BMW, Toyota Camry and Fortuner.

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Update Brings ‘Tell Me’ Feature To Microsoft Word, Excel, And PowerPoint On Android

Tousif Alam World May 30, 2016

Microsoft has updated its Word, Excel, and PowerPoint apps on Android with a new feature. Dubbed Tell Me, the functionality helps you find what you’re looking for – it could be a feature of the application or any action that you want to perform.

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Myntra Relaunches Its Desktop Website

SD Asia Desk India May 30, 2016

E-commerce website Myntra, which opted for the app-only model last year has finally made a comeback with its desktop website. The Flipkart-owned company had embraced the app-only model and shut down its desktop and mobile websites in May 2015. The company has eight million monthly active users, and ships over 50,000 products daily, according to its last update.

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Uber, Ola Told To Stop Operations In Bangalore Or Else

Tousif Alam India May 30, 2016

Uber and Ola have hit another roadblock in India as the authorities in the state of Karnataka (whose capital city is Bangalore) issued a circular to them yesterday to stop running cabs until they obtain the required ‘cab aggregator’ licenses from the transport department.

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United Nations Appoints Microsoft Bangladesh Chief Sonia Bashir Kabir To Governing Body Of Technology Bank For LDCs

Tousif Alam Bangladesh May 30, 2016

The UN secretary-general has appointed Microsoft Bangladesh chief Sonia Bashir Kabir as a member of the Governing Council of the Technology Bank for LDCs. In a statement, UN chief Ban Ki-moon’s office said that the Council will provide support to the secretary-general in taking necessary steps towards the operationalization of the Technology Bank.

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10cr SIMs Verified With Biometric: Tarana

SD Asia Desk Bangladesh May 30, 2016

State minister for post and telecommunications Tarana Halim on Sunday announced the number of verified SIMs with the biometric method has crossed 10 crore mark. Cautioning about the deactivation of the unverified SIMs from the ‘zero hour’ of the 31st midnight of May, the state minister reiterated the call for completion of verification of each SIM soon.

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LINE Messaging App Crosses 500 Million Downloads On Play Store

Tousif Alam Asia May 29, 2016

The LINE communications app has hit the 500 million downloads milestone on Google Play. With this, the app has made to the list that currently includes some biggies like Dropbox, Instagram, and Skype. The app is currently mostly popular in Asian regions only – is said to have a total of 700 million users.

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Apple Opening Siri To Developers, May Copy Amazon Echo

Tousif Alam World May 29, 2016

Apple soon will allow software developers to connect their apps to its Siri digital assistant for the first time, according to a report on Tuesday. Apple also may offer a device similar to the Amazon Echo voice-controlled speaker, according to the report on The Information tech news web-site.

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Amazon Built A Tool That Puts Alexa In Your Browser

SD Asia Desk World May 29, 2016

Amazon has created a web app that lets you play with Alexa right in your browser. You can access the web app at echosim.io and it lets you ask Alexa all kinds of questions, but you have to click and hold a button on the site before you speak to it.

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German Certification Firm Plans Expansion In Bangladesh

Tousif Alam Bangladesh May 29, 2016

TUV Sud, a German testing and certification company, plans to expand operations in Bangladesh to exploit the rising business opportunities in the country, high-ups of the company said in an interview in Dhaka last week. Sourcing companies or retailers sign agreements with third parties for testing, certification and inspection and the local manufacturing or supplying companies facilitate their activities.

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Indonesia Revises Foreign Ownership Regulation For E-Commerce

SD Asia Desk Asia May 29, 2016

This week Indonesian government revised the foreign ownership regulation for e-commerce. According to the new regulation, instead of being allowed 100% ownership, foreign investors would only be allowed up to 49% control of an e-commerce company. Online marketplaces, daily deals websites, price-grabber sites, and online ad listing platforms with investment value of less than IDR100 billion falls under the category.

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India’s Tata Group Enters E-Commerce Market With Apparel, Electronics Website

SD Asia Desk India May 29, 2016

Tata Group launched an e-commerce venture on Friday, as it seeks to cash in on rising purchasing power in a market dominated by international retailers and startups backed by global tech investors. The group said it developed Tata Cliq website over a year and a half  to be a marketplace for in-house and partner companies to sell apparel and electronics.

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Apple Leak Confirms ‘All Glass’ New iPhone

Tousif Alam World May 29, 2016

Last month the world’s most accurate Apple tipster revealed the company is working on a radical ‘all glass’ new iPhone. The news was met with cynicism and excitement in equal measure, and now a major Apple supplier has confirmed it.

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Tax Returns Filing May Go Online Next Year

Tousif Alam Bangladesh May 29, 2016

Taxpayers are likely to be able to file and submit tax returns online next fiscal year — a development that is expected to relieve people of the hassles of dealing with paperwork. To put the system in place, the National Board of Revenue is expected to propose changes to the related sections of the finance bill in the upcoming budget.

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Althea Raises $3.5M To Sell Korean Beauty Products In Southeast Asia

SD Asia Desk Asia May 28, 2016

Althea, a Korea-based company that exports and sells cosmetics and beauty products to Southeast Asia, has closed a $3.5 million Series A round. This new funding round is provided by a range of investors with the aim of carrying out the market expansion, adding to the company’s 25 staff with new hires, and investing in marketing and logistics.

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Intel Buys Computer Vision Startup Itseez To Improve Navigation In Self-Driving Cars

SD Asia Desk World May 28, 2016

Intel has acquired computer vision and machine learning startup Itseez to develop better navigation for self-driving cars. Intel’s senior vice president said- Itseez will become a key ingredient for Intel’s Internet of Things Group roadmap, and will help Intel’s customers create innovative deep-learning-based applications like autonomous driving, digital security and surveillance, and industrial application.

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Facebook And Microsoft Are Building An Underwater Cable

SD Asia Desk World May 28, 2016

Facebook and Microsoft have today announced their Marea project and said the cable will help meet the growing customer demand for high speed, reliable connections for cloud and online services. Marea will feature eight fibre pairs, offer speeds of up to 160 tb/s. Construction of the cable is expected to commence in August and should be completed in October 2017.

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Terrapattern- The First Open-Access Visual Search Engine For Satellite Maps

SD Asia Desk World May 28, 2016

Terrapattern is a amazing visual search engine for satellite imagery, and somehow the first of its kind. Just clicking on a section of the map Terrapattern will show you all similar geographical features or landmarks in the area. A football field, bus station, outdoor pool — it doesn’t matter, Terrapattern can pinpoint the related image and location with surprising accuracy.

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Young Singaporean Company Bags $5m Series A, Clinches Deal With Unity

Tousif Alam Asia May 26, 2016

Singapore-based Cloud Alliance, a company that develops software systems for game developers, has raised a US$5 million series A, it announced yesterday. The funding comes from Singaporean private investment firm Aetius Capital. The young company will use the funding to develop a product called CloudMoolah, which Unity will use as a payment system, and integrate it with payment providers regionally.

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HP Launches A New Line Of Gaming Laptops, Desktops, And Accessories

SD Asia Desk World May 26, 2016

HP is getting back into the gaming world with a new line of products called Omen. The Omen series will feature laptops, desktops, and accessories targeted across different price ranges, from cheaper notebooks up to higher-end towers for serious gamers with a lot of disposable income.

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PayPal App 6.0 Will Not Be Coming To Windows Phone, Blackberry, Or Fire Phone

Tousif Alam World May 26, 2016

PayPal has announced its app will no longer work unless it’s installed on Android devices with 4.0.3 or later as well as Apple devices with iOS 9.1 or later. The new 6.0 version of the PayPal app is not going to be supported on Windows Phone, BlackBerry OS, or the Amazon Fire Phone.

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Google Launches Science Journal To Turn Phone Into A Research Lab

SD Asia Desk World May 26, 2016

Google is launching a new app that turns your phone into a powerful little research lab, called Science Journal. The app uses the sensors in your phone to measure and record data in real time, including movement, light and allow you to record that data into graphs and charts, as well as take and organize notes on your observations.

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Viu, an over-the-top video product from Vuclip, launched in Indonesia

SD Asia Desk Asia May 26, 2016

Viu, an over-the-top video product from Vuclip, announced today it has launched in Indonesia. Viu is a freemium service and is accessible for anyone with Internet service. It generates revenue via advertising as well as a premium service for users tired of ads. A premium account in Indonesia will cost IDR30,000 (US$2.21) a month after a 30-day free trial.

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Google Introduces New, Mobile-Focused AdWords Format

Tousif Alam World May 26, 2016

GOOGLE Inc’s new AdWords format will be rolled out to business owners in stages beginning July, the company announced at its Performance Summit in San Diego, which was streamed live. Its vice president of product management for AdWords, Jerry Dischler (pic above), said the rise of a mobile-first world made Google step back and rethink several fundamental things in AdWords.

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Indonesia’s First Ramadhan Online Shopping Event Launching

SD Asia Desk Asia May 26, 2016

30 e-commerce sites and marketplaces are joining forces to launch Indonesia’s first-ever Hari Belanja Online Ramadhan (Harboldan), aiming for a threefold increase in orders and transactions in the month of Ramadhan. Participating e-commerce sites will offer up to 90% discounts not only for Muslim apparel and accessories needed Ramadhan, but also for general goods such as gadgets, groceries, and others.  

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Foxconn Cuts Jobs In One Chinese Factory As Robots Take Over

SD Asia Desk China May 26, 2016

The Foxconn factory has reduced its employee strength from 110,000 to 50,000, thanks to the introduction of robots. It has tasted success in reduction of labour costs,” said the department’s head Xu Yulian. As many as 600 major companies in Kunshan have similar plans, according to a government survey.

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Fintech Investments In Asia Grew Five-Fold To $2.6b In Q1

Tousif Alam Asia May 26, 2016

According to KPMG and CB Insights report, 218 deals worth a total of US$4.9 billion were closed across the globe between January and March – more than double the US$1.9 billion that was invested into fintech startups during the previous quarter. This news was brought to you by-http://digitalbanking.co/

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BTRC Opens Call Centre For Telecom Customers

Tousif Alam Bangladesh May 26, 2016

Bangladesh Telecommunication Regulatory Commission yesterday opened its official call centre to allow customers to lodge complaints on the service quality of telecom operators. Customers can dial 2872 between 9:00am and 5:00pm to get assistance. The BTRC launched the call centre on May 17 on a trial basis. So far, it has received 164 calls.

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Google’s Internet Education Program For Rural Indian Women Now Live In 9 States

SD Asia Desk India May 26, 2016

Internet Saathi- a program launched by Google with Tata Trusts to provide education to women in rural India on the basic use and benefits of the internet is now live in 9 states. Google claims that through this program, 100,000 women have learned to use the internet and plans to reach 300,000 villages in India in the next few years.

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Robi Launches Yonder Music Service

SD Asia Desk Bangladesh May 26, 2016

US-based music service for smartphones, Yonder Music, launched in Bangladesh on Tuesday, in association with telecom operator Robi. With it, Robi aims to provide a total music experience that combines exclusive content from famous local artists with the rich libraries of local labels, along with a comprehensive collection of international major labels and independent music.

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Sensifree Raises $5m To Build Smarter Sensors For Wearable Gizmos

Tousif Alam Asia May 25, 2016

Sensifree, a startup that designs contact-free electromagnetic sensors, announced today that it has snared US$5 million in a series A funding round led by TransLink Capital. Terms of the deal were not disclosed. The new funding round adds to seed investment made in the startup by Samsung’s Catalyst Fund and brings its total funding to US$7 million.

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PapayaMobile Goes Public To Fuel M&A Plans

SD Asia Desk China May 25, 2016

PapayaMobile has launched IPO on China’s National Equities Exchange and Quotations Index. It is expecting to raise US$40 million through the issuing of common shares. For PapayaMobile, going public will provide the ammunition it needs to accelerate iM&A plans. It aims to launch several multi-million dollar acquisitions in overseas markets including US, India and Southeast Asia in the coming years.

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UberEATS Launches In Singapore, Its First Asian City

SD Asia Desk Asia May 25, 2016

UberEATS, the ride-hailing app’s food delivery service, launched today in its first Asian market. Singaporeans can now download the standalone app, and order food from about 100 restaurants. Deliveries are currently limited to Singapore’s Central Area, its main business, and commerce hub, but the company said it will expand its service coverage and menu.

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Facebook Live Can Now Stream Continuously For 24 Hours

Tousif Alam World May 25, 2016

Facebook has been working on Live video feeds for a little while now. Over the past couple of months, Facebook has launched the Facebook Live feature which notifies you when anyone on your friends list starts a live video feed. Up until recently, the maximum amount of time you were allowed to stream live video was just 90 minutes.

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