Odisha is set to become home to the Centre of Excellence for Virtual and Augmented Reality (VARCoE), on the university campus of IIT-Bhubaneswar, according to an official. The aim of the new incubation centre is to support startups and entrepreneurship in the state, specifically focused on the Virtual and Augmented Reality sector, according to Prafulla […]
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A group of investors led by Softbank Group Corp concluded a deal with Uber Technologies Inc on Thursday. The deal has made Softbank the largest shareholder in the ride hailing giant while simultaneously giving the company a much needed boost. The agreement includes a large purchase of shares by existing investors and employees of Uber. […]
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ShareChat, a Bengaluru-based social media startup, has raised a Series B funding round worth $18.2 million according to a company statement. Since its founding in 2015, the company’s social media platform has allowed users to share and post text, video, GIFs and audio. 80 per cent of Indian web traffic comes from mobile devices, with […]
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Uber Technologies announced its partnership with top Singaporean taxi operator, ComfortDelGro Corp Ltd to launch a new ride hailing service in the city-state. The two companies have joined forces to face their main regional rival in the market, Grab. UberFLASH is the first collaboration between the two firms, since an announcement was made last December […]
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Bengaluru-based CollPoll, an education startup with a platform developed for institutions such as universities, has raised and closed its pre-Series A investment round. The platform developed by the education technology startup enables connections and collaborations between students and faculty, while working to break down the barrier that exists in relation to information and educational institutions. […]
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