WiFi technology startup, Unium, sells to Nokia for use in the company’s new service

Seattle-based Unium, which works with WiFi technology, has been purchased by major Finnish communications company, Nokia. Previously called OpenRoute and then CocoCommunication, Unium began working with its technology for the Department of Defence. The startup works on a form of WiFi technology called mesh networking technology, which allows for more seamless expansion of network as […]

Read More

Mumbai-based energy startup, Gegadyne Energy, raises funding from Mumbai Angels Network

Mumbai-based startup, Gegadyne Energy Labs Pvt Ltd, announced that it has raised funding from the Mumbai Angels Network. However, the amount raised is yet to be disclosed.  The startup intends to use the funds raised to further develop its indigenously built battery technology in addition to carrying out tests for commercial applications. According to a […]

Read More

European savings deposit startup, Raisin, launches UK platform

Berlin-based fintech startup, Raisin, has launched a UK website for its savings deposit platform which allows users to access interest rates for savings deposit accounts across Europe. The startup was initially set up to work with the banking regulation throughout the EU, allowing consumers to compare rates throughout the continent in order to make the […]

Read More

Largest national incubator, T-Hub, to provide new approach and platform to startups

T-Hub, the startup incubator located in Hyderabad, which was launched in partnership with the Telangana state government, has announced the release of a new approach to assist startups in scaling up operations. Since its launch in 2015, T-Hub has been working to assist and provide startups and entrepreneurs with access to investors, mentorship, workspaces and […]

Read More

Online file storage unicorn, Dropbox files for IPO of $500 million

Cloud file storage company, Dropbox, has reportedly filed paperwork to raise $500 million in an initial public offering. Prior to this, the company had been privately valued at $10 billion. Dropbox is part of a broader group popularly known as “unicorns”, a term used to refer to startups which are valued at more than $1 […]

Read More