The Chennai-based optical retail chain, Specsmakers Opticians has raised $ 10 million (approximately Rs 64 crore), in a funding round led by Eight Roads Ventures India. The funding round saw participation from existing investor Atma Ram Family Office and other individual investors. However, Fulcrum Ventures, an early investor of the startup, has reportedly made a […]
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MIT Enterprise Forum Saudi Arabia’s annual startup competition has attracted 2536 applications for 2018, thereby showing a growth of 14 per cent in comparison to last year’s numbers. The MITEF Saudi Start up Competition was started in 2015, with the aim to promote and enrich entrepreneurship in the Kingdom as well as celebrating and supporting […]
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Online fashion retailer, Myntra, is employing technologies like data mining and artificial intelligence in order to enable designers come up with patterns and styles which will boost sales for the garment makers. The technology has already been tested by the Flipkart-owned company on two of its in-house brands, namely, Moda Rapido and Here and Now. […]
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Out of 241 applications from startups and student teams around Kerala, 31 were selected to receive funding at Kerala’s ‘Idea Day.’ The 8th Grand Idea Day was held by the Kerala Startup Mission (KSUM). The idea day was set up to find and help fund startups, ideas and technology solutions in a variety of sectors […]
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Chinese smartphone maker, Xiaomi Inc has reportedly told bankers that it will blow past its annual revenue targets by as much as 18 per cent, sources familiar to the matter have stated. This comes after the company has faced sluggish sales in recent years which lead to a business overhaul. Xiaomi, which has recently been […]
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