Category: Technology
SaaS firm Wingify to expand presence in APAC and Latin America
[ad_1] Software-as-a-service (SaaS) firm Wingify is looking to expand its presence across Asia Pacific and Latin America. The company has been witnessing strong demand from South Asian markets like Indonesia, Singapore and Thailand. The firm is the maker of VWO, the global experimentation platform. With technology adoption in SEA amplifying, VWO’s revenue from the region ...
chatgpt plus: OpenAI launches ChatGPT Plus subscriptions in India at $20 per month
[ad_1] OpenAI has launched ChatGPT Plus, a paid and improved version of the popular AI chatbot ChatGPT, in India. ChatGPT aims to improve the artificial intelligence ( AI) experience for users during rush hours, the company said. The Microsoft-backed AI research lab had launched ChatGPT Plus in February this year, but it was only available ...
Namma Yatri: Auto app Namma Yatri looks to crowd build its offerings
[ad_1] The builder of the auto rickshaw booking mobile application Namma Yatri is seeking public participation to help it match the service and user experience offered by tech companies like Ola, Uber and Rapido. Juspay Technologies is seeking participation from coders, policymakers and other stakeholders to better the product it has developed for Bengaluru’s Auto ...
Zouk funding: D2C brand Zouk raises $3 million led by Stellaris Venture Partners
[ad_1] Direct-to-commerce (D2C) fashion brand Zouk said it has raised $3 million led by Stellaris Venture Partners and saw participation from Sharrp Ventures, JJ Family Office, Deutsche Bank India CEO Dilip Khandelwal, Atomberg founder Manoj Meena and founders of Sugar Cosmetics Vineeta Singh and Kaushik Mukherjee. Zouk operates in the bags, wallets and footwear categories ...
rajeev chandrasekhar: Indian startups have deposits worth $1 billion in SVB: MoS IT Rajeev Chandrasekhar
[ad_1] Indian startups had deposits worth $1 billion in the beleaguered California-based Silicon Valley Bank, MoS IT Rajeev Chandrasekhar informed while addressing a Twitter Spaces session, on Thursday. “I had empirically and anecdotally calculated that there was more than a billion dollars of startup capital as deposits – according to some this is a conservative ...
amazon: Amazon slams $265 million tax order as it seeks to get EU appeal thrown out
[ad_1] An EU decision ordering Amazon to pay about 250 million euros ($265 million) in back taxes to Luxembourg relies on “atmospherics” and is without merit, the company said on Thursday, as it sought to convince Europe’s top court to throw out an appeal by EU regulators. The European Commission in its 2017 decision said ...
stripe funding: Stripe nearly halves valuation to $50 billion following $6.5 billion raise
[ad_1] Digital payments processor Stripe, which raised $6.5 billion from venture capital giants Andreessen Horowitz, Peter Thiel’s Founders Fund, General Catalyst and others, said on Wednesday it was valued at $50 billion in its latest funding round, with its valuation nearly halved from its previous fundraising, amid a tough economic environment. New investors such as ...
SVB Financial Group: SVB Financial explores bankruptcy as option for asset sales
[ad_1] SVB Financial Group, the company whose former subsidiary Silicon Valley Bank was taken over by U.S. banking regulators last week, is exploring seeking bankruptcy protection as one option for selling assets that include its investment bank and venture capital business, people familiar with the matter said. SVB said on Monday it was considering strategic ...
AI funding: ‘Let 1,000 flowers bloom’: AI funding frenzy escalates
[ad_1] When four leading artificial intelligence researchers left Google this year to create a startup called Mobius AI, they weren’t sure what their product might be – just that it would involve AI technology that could generate its own photos and videos. Within about a week, two of Silicon Valley’s top venture capital firms, Andreessen ...