Category: Technology

Amazon has confirmed its acquisition of Middle-East’s Souq.com

  • by NewsPR
  • 1 day ago
Amazon has confirmed its acquisition of Souq.com. The acquisition was first rumored last week in a deal purported to be valued at somewhere in the neighborhood of $650 million. However, questions were later raised regarding the credibility of these reports and whether the acquisition was actually happening. Amazon confirmed the news today through a post […]

Samsung is bringing the Note 7 device back, in a refurbished form

  • by NewsPR
  • 1 day ago
Samsung has announced that it is bringing a refurbished version of the Note 7 device back . The announcement comes after the company first issued a massive recall notice wherein it got customers to turn in the millions of Note 7 devices they had purchased earlier. This follows after protests from environmental groups which raised […]

Cocoon, the UK-based smart home security startup, rakes in £2.46m

  • by NewsPR
  • 1 day ago
Smart home security system provider Cocoon has managed to raise £2.46 million in equity crowdfunding on Crowdcube, with its campaign drawing support from 1117 investors, eventually reaching a $15 million valuation. First launching on crowdfunding site Indiegogo in November 2014, Cocoon went on to raise $250,000 (approximately £198,000), also raking in £2.69 million in strategic […]

Elon Musk’s Neuralink wants to augment your brain using direct cortical interfaces

  • by NewsPR
  • 1 day ago
The thing with Elon Musk, is that he is not one to sit still. The visionary entrepreneur had two big breaks in his life, when he created and sold companies for $20 million and $180 million respectively. He could have put the money in bank of course, and have lived out on a private Island […]

Andy Rubin, the man who created Android, teases first look of his own phone

  • by NewsPR
  • 1 day ago
Now this is going to be exciting. This is the point where the creator, is developing a hardware for his own creation, and if there’s anything that has to be perfect, it has to be this. We are talking about Andy Rubin folks, the man who co-created Android, and is now a part — and […]

Alibaba expands its presence to Bengaluru, signs deal with co-working space provider CoWrks

  • by NewsPR
  • 1 day ago
Alibaba is further deepening its push into India by setting up offices in the Silicon Valley of the country — Bengaluru. According to the sources aware of developments, the Chinese e-commerce giant has signed an agreement with co-working community venture CoWrks to rent 30 dedicated seats or private studios. It is the second office for […]

Capillary Technologies acquires minority stake in CRM solution provider Exclusife

  • by NewsPR
  • 1 day ago
Capillary Technologies, the provider of customer relationship management (CRM) software and marketing analytics for retailers, has acquired a minority stake in Exclusife by investing an undisclosed amount in the startup. Exclusife is a CRM-based startup that targets small and medium retailers in India. It was founded in 2013 by Anand Krushnan and Manish Mehta. The […]

Greenko Energy Holdings raises $155Mn from GIC and ADIA to develop new sustainable energy projects

  • by NewsPR
  • 1 day ago
Greenko Energy Holdings, which has created a sustainable platform to take advantage of evolving energy market dynamics, has announced that it has raised $155 million in its latest funding round. The investment comes from existing investors Singapore’s sovereign wealth fund GIC and Abu Dhabi Investment Authority (ADIA). The investment deal is said to be one […]

Nokia 150 feature phone is now available in India for ₹2059

  • by NewsPR
  • 1 day ago
After launching the phone in December last year, Nokia has now finally made its first two device available in India as a part of its re-entry in the market — the Nokia 150. The feature phone will be available in two models — Nokia 150 and 150 Dual, with a starting price of Rs 2,059. […]

Fin-tech startup Perpule scores $650k to further simplify the checkout process at retail stores

  • by NewsPR
  • 1 day ago
Perpule, a fin-tech startup which provides self-checkout and omni-channel solutions, has today raised $650,000 in a funding round from Kstart Capital — a sister firm of Kalaari Capital. This was first reported by ETTech. Along with Kstart, the fundraising round also saw participation from venture fund Venture Highway and Raghunandan G, co-founder of TaxiForSure. Commenting […]
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