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SoftBank pumps in $100M in Brazilian ride-sharing company 99

Brazilian ride-hailing app 99 has raised $100 million from Japanese multinational SoftBank, which has also invested previously in Chinese ride sharing firm Didi Chuxing....

Microsoft to acquire Israeli cybersecurity firm Hexadite for $100M

Tech giant Microsoft has agreed to acquire artificial intelligence cybersecurity firm Hexadite for $100 million, according to a Reuters report. Hexadite’s headquarters are based...

Post raising $123M, fintech firm ItzCash sets early investors free

Indian digital payments company, ItzCash has bagged $123 million from Ebix, a supplier of On-Demand software and E-commerce services. The latter reportedly acquired an...

Smartsheet gets closer to ‘unicorn’ status, bags $52M in Series F

Smartsheet, a SaaS platform for managing and automating collaborative work, has raised $52 million in Series F funding, led by existing investor Insight Venture...

Autonomous drone tech startup Echodyne draws Bill Gates’ attention

American business magnate Bill Gates has invested in a US startup Echodyne that raised $29 million in a Series B financing round led by...

Y3 Technologies’ new partnership to promote China’s One Belt, One Road Initiative

Y3 Technologies, a Singapore-based supply chain and omni-channel solutions provider, has partnered Shandong e-Hualu Information Technology, to enhance its regional connectivity and enable seamless...

Capgemini to host business automation consulting from new Chennai office

French multinational IT consulting company Capgemini has announced the launch of its digitally-enabled Industrialized Management Services Center (iMSC) in Chennai (India). The new iMSC...

Transforming your app’s traffic into gold

The global app economy continues to grow, with App Annie predicting it to double in size by 2020, to $101 billion. Growth is accelerating,...