With $3M fresh capital from IFC, pi Ventures bets big on AI companies
Indian venture fund pi Ventures has raised $3 million from International Finance Corporation (IFC), a part of the World Bank Group. The amount will...
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...
New Zoho Connect merges social and integrated productivity tools
Enterprise software company, Zoho, has launched a new version of its team collaboration software, Zoho Connect. According to the company, the user interface has...
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...
6 Indian startups among 9 from SEA to join Google Launchpad Accelerator
Six Indian tech startups have been picked up by the Google Launchpad Accelerator program to be a part of its fourth batch. The program...
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...
Alibaba’s logistics arm Cainiao to develop 1M smart vans, invest $7.3B
Chinese ecommerce giant Alibaba Group’s logistic arm, Cainiao Network Technology has announced a partnership with two of the largest Chinese automotive companies SAIC Motor...