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Food Tech Startup Swiggy joins unicorn club, raises US$210 million from DST Global, Naspers
Food delivery continues to dominate the flow of big capital and investors in India’s startup ecosystem with Swiggy being the latest to enter the unicorn league. The food delivery startup has successfully raised US$210 million in its latest round of funding from Russian billionaire Yuri Milner’s DST Global and existing backer Naspers. DST Global is […]
From dot-com to apps, startups are changing the way we do things
Once upon a time, there was the dot-com boom where just adding that one punctuation and three letters can send stock prices up, on average 74 percent. It’s not an exaggeration. In January 1999, a company that had yet to turn a profit or does any business called MIS International adopted a new name – […]
How Facial Recognition Works Today
Imagine an assistant. One who understands your happiness, anger, sorrow, and laughter. One who knows what you want to watch based on your feelings even before you figure out what your feelings are. This is the ideation of Gong Yu and iQiyi – to create a technology that provides personalized content and entertainment. How? AI […]
Xiaomi is winning the electric scooter startups war in San Francisco
Much like the bicycle-trend in China where millions of people in cities across Asia use rental bicycles for short-distance travel, the United States is now in the middle of an scooter-sharing boom. You won’t believe it. But electric scooters are taking over San Francisco. Made available to rent using phone apps, electric scooters are taking […]
Keeping Media all Online, and Moving Online Retail Offline
Is Internet killing retail? Summit Media, a publisher in the Philippines is stopping its line of printed magazine as it shifts its titles online. That is starting from today, Summit Media, the publisher of popular magazine titles in the Philippines will no longer be producing print editions of magazines in its network and is going […]