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    Microsoft Co-founder Paul Allen dies at the age of 65

    Technologist, entrepreneur, investor, and philanthropist Paul Allen dies in Seattle from complications related to non-Hodgkin's lymphoma two weeks after he said he was being treated for the disease. Paul Allen, the Co-founder of Microsoft, died at the age of 65 from complications related to non-Hodgkin's lymphoma. Allen had battled the disease in 2009 and earlier this month...

    • an hour ago
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    These startups deliver fresh fish and meat to your doorstep

    Visiting the local market to buy meat or fish always turns messy. You might not like the smell, or you might not have the time. Sometimes, the meat or fish may also be a day or two old, and kept in cold-storages. A lot of foodies who like their meat fresh and juicy do not prefer the packed frozen meat. And let's not even talk of the added preservatives! But, India is a...

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    IAMAI forms Blockchain Committee to facilitate job creation

    The Internet and Mobile Association of India (IAMAI) on Monday announced that it has formed a Blockchain committee as a part of its efforts to facilitate job creation for the new economy in the country. The mandate of this group is to identify opportunities and challenges for Blockchain, while working with government, industry, and startups to help the overall ecosystem. In a statement,...

    • 18 hrs ago
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    Paytm earmarks Rs 200 crore and 10,000-member team to push UPI usage

    Paytm, which claims more than 33 percent market share in UPI payments, is attempting to position Paytm UPI as India's leading payments solution. In a statement on Monday, Indian payments major Paytm said it had invested Rs 200 crore in a new festive marketing campaign to increase awareness around its convenience and enable more users to adopt Paytm UPI for instant money...

    • 20 hrs ago
  • News

    OYO announces entry into UAE; plans to create over 4000 jobs by end of 2019

    Leading Indian hospitality chainOYO Hotels on Monday announced the launch of its operations in the United Arab Emirates. The properties will be operated under models of manchise, and leased with full - inventory control similar to other markets like India and China. These hotels are aimed at providing affordable and trusted living options for travellers from GCC...

    • 20 hrs ago
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    myGate secures Rs 65 Cr in fresh funding; to expand operations to 10 cities

    Bengaluru-based security management solution for gated premises myGate on Monday announced it has raised Rs 65 crore in Series A funding led by existing investor Prime Venture Partners. The company said other investors in the round included friends and family keen to invest in the startup. The news comes almost 10 months after myGate announced it had raised Rs 16 crore...

    • 21 hrs ago
  • News

    Google India revenues jump 29 percent, profits rise 33 percent

    Advertising contributes a huge 69 percent to Google's turnover with Google Search ads continuing to be the go-to place for digital advertisers in India. That Google takes India seriously is well established by now. The search giant believes its "next billion users" will come out of fast-growing emerging markets, especially India, which houses the second largest...

    • 24 hrs ago
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    TiE Seattle's Z5Catalyst set to screen and invest in B2B startups

    TiE Seattle board nominates Gowri Shankar and Shirish Nadkarni to screen top Seattle-based B2B startups, which will be funded by Z5 Capital. The Indus Entrepreneurs (TiE) network, which has over 40 chapters worldwide and was founded in the Valley in 1992 to support startups from India, has gone beyond its angel investing mode. The Seattle Chapter of the network has set up the Z5...

    • yesterday
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    Valley VC Chamath Palihapitiya calls startup economy a 'Ponzi scheme'

    Chamath Palihapitiya has done it again. The founder of Social Capital, one of Silicon Valley's hottest VC firms, described the startup ecosystem as an "enormous multivariate kind of Ponzi scheme" at the Launch Scale conference in San Franscisco. According to a report published by CNBC, he said, "I will not be a part of the charade anymore...At some point,...

    • 3 days ago
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    Alibaba-backed UCWeb denies rumours of acquisition by Paytm

    Alibaba Group owned Internet company UCWeb, which runs web browser UC Browser, in a statement, denied discussions with Paytm for an acquisition of UCWeb's India business. Earlier on Friday, news broke that Indian digital payments giant Paytm is reportedly in talks to acquire the India business of the Alibaba-owned Chinese mobile internet company. Denying these rumours, UCWeb...

    • 4 days ago