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Go-Jek Acquires Another Indian Startup

Tousif Alam September 27, 2016

Indonesia’s on-demand services unicorn Go-Jek has bought another Bangalore-based tech company Pianta, a healthcare startup founded last year by former Ola and Flipkart executives Swaminathan Seetharaman, Ganesh Subramanian, and Nitin Agarwal. Pianta facilitates discovery and appointment booking with healthcare providers who do home visits.

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ICT

Government To Help Creative IT Ideas

State Minister for Information Communication Zunaid Ahmed Palak has said

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Bikroy’s Managing Director Meets GP Accelerator Team

For any organization office culture is very is one of

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Amazon Invests $17M In Indian Marketplace Before Festive Season

Amazon has freshly invested around US$17 million in its Indian

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Singaporean Startup BandLab Buys 49% Stake In Rolling Stone

The company behind iconic music magazine Rolling Stone, Wenner Media, has sold

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Singaporean Startup Latize Raised $1.5 Million

Singapore-based Latize has raised funding worth US$1.5 million. The funding

News

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Go-Jek Acquires Another Indian Startup

Tousif Alam Asia September 27, 2016

Indonesia’s on-demand services unicorn Go-Jek has bought another Bangalore-based tech company Pianta, a healthcare startup founded last year by former Ola and Flipkart executives Swaminathan Seetharaman, Ganesh Subramanian, and Nitin Agarwal. Pianta facilitates discovery and appointment booking with healthcare providers who do home visits.

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ICT

Government To Help Creative IT Ideas

Tousif Alam Bangladesh September 27, 2016

State Minister for Information Communication Zunaid Ahmed Palak has said that the government is keen to extend support to any IT-driven idea. “Come up with creative ideas, we are ready to help”, he told a gathering of about 300 representatives of various organizations that are already working or willing to work in the field of digital marketing in Bangladesh.

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Amazon Invests $17M In Indian Marketplace Before Festive Season

Nahid Farzana India September 26, 2016

Amazon has freshly invested around US$17 million in its Indian marketplace ahead of the festive season, which starts around October and culminates in Diwali. To prepare for the festival season against the local rival Flipkart- the investment will help. The money went to Amazon Wholesale, the company’s subsidiary that works as a distributor for vendors listed on Amazon India.

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Singaporean Startup BandLab Buys 49% Stake In Rolling Stone

Nahid Farzana Asia September 26, 2016

The company behind iconic music magazine Rolling Stone, Wenner Media, has sold its 49% share to a startup from Singapore in a bid to grow its international reach. Music startup BandLab bought the stake, although the price paid was not disclosed. BandLab said it will focus on expanding Rolling Stone’s business in new markets and propelling the brand’s global evolution.

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Singaporean Startup Latize Raised $1.5 Million

Nahid Farzana Asia September 26, 2016

Singapore-based Latize has raised funding worth US$1.5 million. The funding comes from the Tembusu ICT Fund 1, Singaporean private equity firm Tembusu Partners’ early-stage software company-oriented fund. The round is joined by existing investors ACP Venture Capital and Spring Seeds Capital. The funding will help Latize scale its services to more countries and enhance its product.

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Samsung Galaxy C9 Appears On Geekbench With Snapdragon 652 SoC

Tousif Alam World September 26, 2016

The Samsung Galaxy C9 has now appeared on Geekbench, revealing some of its key specs. The listing reveals that the device is powered by Snapdragon 652 chipset, has 6GB RAM, and is powered by Android 6.0.1 Marshmallow.

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Didi Chuxing Aims To Make Bike-Sharing A Thing

Nahid Farzana China September 26, 2016

China’s top ride-hailing startup, Didi Chuxing is now planning to take a look at two wheels after already successfully covering cars, taxis, and commuter buses. Didi announced that it has invested tens of millions of US dollars in a Chinese bike-sharing startup called OFO. Soon they are expected to come up with a bike sharing app.

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GDILab Raised Undisclosed Investment To Help SMEs And Startups

Nahid Farzana Asia September 26, 2016

Indonesian social media analytics firm GDILab announced that it has received an undisclosed amount of funding from Andy Zain, Director of Founders Institute (Jakarta) and Managing Director of Kejora Ventures. The company will use the new funding to help SMEs and startups gear themselves up for the ASEAN Economic Community with the use of research and data.

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Google Introducing Ways To Connect Display And TV Ads To Store Visits

Nahid Farzana World September 26, 2016

Google on Monday will introduce ways to connect display and TV ads to store visits. Google will extend its Brand Lift service, which lets marketers know how YouTube campaigns affect traditional brand metrics such as awareness and purchase intent, to TV campaigns. The company will also introduce “location extensions” and store visits measurement for the Google Display Network.

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Singapore’s Startup Refash Raises Seed Funding

Tousif Alam Asia September 26, 2016

Pre-owned clothes resale website Refash has raised a US$294,000 seed round. The funding round was led by Singapore’s Tri5 Ventures and joined by Malaysia-based Tinkbig Ventures and an angel investor who was not named.Singapore-based Refash is a place for people to “recycle” unwanted clothes.

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Malaysia Startup VMO Raised Funding To Make Things Easier

Nahid Farzana Asia September 26, 2016

VMO Rocks, Malaysian venue-booking startup has recently raised an undisclosed amount of funding from Rhombus Food. They will use the investment to upgrade and expand their coverage in the Klang Valley and extend services to other major cities. This will further allow them to help venue owners promote their space, connect them with the right clients, and grow their revenue.

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Robi-Airtel Merger Will Complete In A Month

Tousif Alam Bangladesh September 26, 2016

Robi and Airtel will wrap up their entire merger process by October 23, said a senior official of Robi yesterday. Robi has to complete the merger within one month of receiving the Supreme Court order, the official said.Since October 21 is a Friday, Robi will get an additional two days.

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Dutch Bangla Bank Mobile Banking Rebranding Itself To Rocket

Nahid Farzana Bangladesh September 26, 2016

Dutch Bangla Mobile Banking, the second largest mobile banking service in the country, has made an announcement to re-brand itself to Rocket. The company will focus more on growing its agent network which trails bKash by a good margin.  The company will invest heavily in growing its agent network and users with the rebranding effort.

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Snapchat’s Video Glasses Are Real And Cost $130

Nahid Farzana World September 25, 2016

Snapchat first-step into hardware will be a pair of glasses called “Spectacles” and will go on sale this fall for $129.99 by the newly rebranded Snap Inc. The glasses will only come in one size, but will be available in three colors- black, teal and coral. The camera will use a 115-degree lens and the videos will be circular.

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Uber Will launch Taxi Service In Dhaka Within Weeks

Nahid Farzana Bangladesh, Uncategorized September 25, 2016

There is a great news for the Dhaka commuters. Uber, the global taxi service company, is all set to hit the Dhaka roads within weeks. With Uber taxis plying around, Dhaka’s commuting experience will change forever. The service will help ease the traffic situation in Dhaka.

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Google Home And Chromecast Ultra Will Reportedly Cost $129 And $69

Tousif Alam World September 25, 2016

Android Police reports that Google will sell the Home assistant for $129, which is priced competitively lower than the Amazon Echo, which currently retails for $179. Although, Amazon’s Echo Dot 2nd gen is coming next month and only costs $50. The only caveat is that it needs an external speaker for playing music.

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OneDrive For Android Lets You Create Office Files

Tousif Alam World September 25, 2016

Microsoft recently pushed out an update to OneDrive’s iOS client, bringing the ability to create Word, Excel, and PowerPoint files from within the app. Well, the app’s Android client now offers the same feature as well. The feature is included a new update that has started hitting OneDrive for Android.

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Dual Camera Setup For The New Xiaomi 5S

Nahid Farzana World September 25, 2016

The Xiaomi Mi 5s is highly anticipated in the market and there are rumors about its features. Xiaomi’s recent teaser shows the dual-camera setup and it’s assumed to be the new 5s. The device is presumed to come with Android 6.0.1 pre-installed, featuring MIUI 8 running on top. This model supports 6GB of RAM and 256GB of flash-memory.

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Huawei To Start Manufacturing Smartphones In India From October

Nahid Farzana India September 25, 2016

Huawei will start manufacturing smartphones in India from next month. The manufacturing will start from the first week of October at the Flex manufacturing plant in Chennai.  The plant will have the capacity to make three million units by the end of 2017. It is expected to strengthen the after sales services in India with over 200 service centers.

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Messaging App Telegram Adds Selfie Masks, DIY GIFs

Nahid Farzana World September 25, 2016

Messaging app Telegram has added new features in its in-app photo-editor that includes an option for users to customize selfies by adding cartoon masks to align on their faces. Also, the update now lets users create custom GIFs to send in their chats by recording a video and then tapping a new mute-button to turn it into a looping GIF.

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Google and Salesforce Interested In Acquiring Twitter

Nahid Farzana World September 25, 2016

Twitter executives are in talks with multiple tech companies over a complete buyout after being in a continuous loss for quite some time. CNBC reports that the companies most interested in acquiring Twitter are Alphabet and Salesforce. News of Twitter’s potential sale was met with positive response from investors.

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Snap Inc.: Snapchat ‘s New Name

Tousif Alam World September 25, 2016

Snapchat hs changed its name from Snapchat Inc. to just Snap Inc. The reason behind this is that when the company was launched, Snapchat was its only product but now that they are branching out it makes sense to change the name to something else.

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CloudCherry Raises $6M From Vertex Ventures, Cisco Investments & IDG Ventures India

Nahid Farzana India September 25, 2016

Customer Analytics Technologies Inc., owner of SaaS-based Customer Experience Management platform CloudCherry has raised their Series A Funding of $6M from Vertex Ventures, Cisco Investments and IDG Ventures India. This new fund will be used for CloudCherry’s global expansion, with a strong focus on the US, South East Asia and the Middle East.

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BTCL, Teletalk Dues Remain Unpaid

Tousif Alam Bangladesh September 25, 2016

The telecom regulator has failed to realise Tk 3,440.19 crore in dues from two state-owned companies BTCL and Teletalk despite several reminders. As of June, Bangladesh Telecommuni-cations Company Ltd (BTCL) owes Tk 1,830.10 crore and Teletalk Tk 1,610.09 crore to the regulator.  

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bKash Pays Tk139cr To Mobile Operators

Tousif Alam Bangladesh September 25, 2016

Bangladesh’s leading Mobile Financial Service (MFS) bKash has paid mobile operators around Tk139 crore as network fee in last three years. Industry insiders said most MFS (Mobile Financial Service) providers share 7% of their revenue with the mobile operators for accessing USSD channels under a revenue-sharing model agreed by all stakeholders.

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GE Healthcare To Invest Around $50 Million To Set UP Its ‘Five.Eight’ Accelerator

Nahid Farzana Asia September 25, 2016

GE Healthcare has made an announcement to invest around $50 million in global startups. It has created a dedicated fund of $50 million, which is aimed at funding health care start-ups in developing countries. The company has also launched its first healthcare accelerator named as ‘five.eight’. The accelerator is dedicated to make healthcare affordable in emerging markets.

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BTRC Seeks Police Support To Track Illegally Registered SIMs

Nahid Farzana Bangladesh September 24, 2016

The telecom regulator has recently urged law enforcement agencies to help it find out illegally registered SIMs and take legal actions against the culprits who are selling such mobile connections. BTRC also requested police to give the details of the illegally registered SIMs. The regulator plans to fine the mobile operators $50 for each illegal SIM, officials said.  

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Bangalore-Based Startup Hashtaag Raises US$1M

Nahid Farzana India September 24, 2016

Hashtaag, a startup that builds native mobile apps and products, has secured US$1 million from a group of unnamed angels. The startup will use the investments for talent-acquisition, product R&D and geographic-expansion. It aims to reach 100 plus employees by the end of 2016 in India. With offices in Chennai, Mumbai and San-Francisco, the startup also looks to expand globally.

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Robotic Automation Companies GreyOrange Is expanding Into New Verticals

Nahid Farzana Asia September 24, 2016

GreyOrange, one of the world’s leading robotic automation companies, is moving beyond serving e-commerce markets and towards verticals including medicine and automotives. The company is expected to expand into mainland China and the Middle-East. The startup has offices in India, Hong Kong, Japan, and Singapore. GreyOrange is also updating one of its flagship products, The Butler, which automates inventory management.

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Apple Acquires Its First Indian Startup

Nahid Farzana World September 24, 2016

Apple has bought Tuplejump, a Hyderabad-based startup that uses artificial intelligence to understand and manage big data. The acquisition happened in June. Tuplejump will be the first Indian startup that Apple has bought. This is going to be Apple’s third acquisition this year.

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Gadgetwood Bagged US$6M Funding To Get Your Gadgets Repaired On Demand

Nahid Farzana India September 22, 2016

Gadgetwood, an on-demand repair service and refurbishment company in Delhi, has secured approximately US$6 million from Carpediem Capital and its investors. This round of funding will be utilised towards geographical expansion, creating a nationwide network for servicing mobile devices and selling refurbished products. They also intend to establish a presence in 10cities across the country over the next year.

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TeamLease Acquired NichePro Tech For Rs 29.5 Cr

Nahid Farzana India September 22, 2016

TeamLease Services Limited, one of India’s largest staffing companies, has announced the signing of a definitive agreement to acquire NichePro Technologies Private Limited (“NichePro”). The transaction remains subject to customary closing conditions and regulatory approvals. TeamLease will acquire NichePro for an enterprise value of up to Rs. 29.5 crores through its wholly owned subsidiary, TeamLease Staffing Services Private Limited.

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Zuckerberg And Chan Wants To Tackle All Disease By The End of The Century

Nahid Farzana World September 22, 2016

Mark Zuckerberg and his wife Priscilla Chan have pledged $3bn to fund medical research over the next decade. At a press conference in San Francisco, they said their ultimate goal was to “cure, prevent or manage all diseases by the end of the century”. The funds will be distributed by the Chan Zuckerberg Initiative, which they created in December 2015.

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Google Allo Released For Android And iOS!

Nahid Farzana World September 22, 2016

Google finally released its new smart-messaging application dubbed “Allo” on Wednesday. Allo offers a much richer texting experience than Hangouts or even Google Messenger, with support for things like stickers, the ability to change font sizes, scribble on photos and more. Allo can also serve as an assistant, though, allowing you to make dinner reservations, search through Google and more

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Yahoo View Brings Hulu’s Free Programming To Mobile

Nahid Farzana World September 22, 2016

Yahoo View, the company’s recently launched gambit to go after cord cutters by offering free video content from Hulu, is now available on mobile. Yahoo has just debuted an iOS version of the mobile TV service, which will soon be followed by launches on Android and the mobile web, the company says.

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Xiaomi Launches Wi-Fi Enabled Mi Air Purifier In India

Nahid Farzana India September 22, 2016

Xiaomi today launched the Mi Purifier 2 in India, the first product from its range of Mi Ecosystem devices to be launched in the country. It connects to Wi-Fi and can be controlled from anywhere using Mi Home app. The app will give you real time air quality reading and also tell you when it’s time to change the filters.

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Equity Crowdfunding Platform OurCrowd Just Raised US$72M

Nahid Farzana Asia September 22, 2016

Equity crowdfunding platform OurCrowd, which is a partner of Singapore’s United Overseas Bank (UOB), today announced that it has raised a US$72 million in Series C round of funding from various parties, including “financial institutions, family offices, and private investors from five continents.” The company plans to use the funding to expand its global team and develop the platform.

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Citycell Must Pay Tk 318cr By Oct 19 To Save Licence

Tousif Alam Bangladesh September 22, 2016

Citycell has to pay Tk 318.42 crore of its dues to the regulator by October 19 to secure its licence, according to a certified order of the Supreme Court that was made public yesterday.And a month later, the operator will have to pay its remaining dues of Tk 159.21 crore.  

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Chinese Home Service Robot Startup ROOBO Raises US$100M

Nahid Farzana China September 22, 2016

China-based home service robot startup ROOBO has raised US$100 million in a round led by Shenzhen-listed Chinese software firm iFlyTek Co; other undisclosed investors also participated in the round. The two companies also entered into a strategic partnership that will see the two-year-old startup integrate iFlyTek’s intelligent speech and language recognition technology into its robots.

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Mobile Lock-Screen Ads Startup Cashtree Gets US$4M Series A

Nahid Farzana Asia September 21, 2016

Mobile lock-screen advertising service Cashtree today announced that it has raised US$4million in Series A round funding, led by Korea Investment Partner and K Cube Ventures. The company plans to use the investment to develop its services and expand market. They have acquired 4.7million users and is on its way to achieving 5million target by the end of 2016.

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