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Qualcomm buys chip design startup Nuvia for $1.4 bn

Chip maker Qualcomm has acquired Nuvia, formed in 2019 by three former Apple engineers including one of Indian origin, for a whopping $1.4 billion...

Indian tech startup base saw nearly 10% growth in 2020: Nasscom

With over 1,600 tech start-ups and a record number of 12 additional unicorns added in 2020 — the highest ever in a single calendar...

Samsung to support 21 local startups at CES 2021

Samsung Electronics said on Wednesday that it will support 21 homegrown startups’ participation in the world’s largest tech expo CES 2021 next week as...

T-Hub 2.0 gearing up to open as largest incubation centre

After a delay of more than a year, second phase of T-Hub, India’s largest technology incubator, is set to become operational in the next...

CRED raises $81mn, initiates ESOP buyback worth Rs 9cr

A members-only credit card management and bill payments platform CRED on Monday said it has raised $81 million in its Series C round, which...

Google, Mithril Capital infuse $145mn in Roposo owner Glance

Glance, a subsidiary of InMobi Group and owner of video-sharing social media platform Roposo, on Tuesday announced it has closed a $145 million investment...

Pine Labs raises fresh funding, valuation exceeds $2 billion

Merchant commerce platform Pine Labs on Monday announced it has raised a fresh round of funding from Lone Pine Capital, taking its valuation at...

Brainly raises $80mn in Series D round led by Learn Capital

Online learning platform for students and parents Brainly on Thursday said it has concluded its Series D funding round with a fresh influx of...

Edtech startup upGrad buys recruitment firm Rekrut India

Homegrown online higher education company upGrad on Tuesday said it has acquired Mumbai-based recruitment and staffing solutions company Rekrut India, for an undisclosed amount. upGrad...

Edtech startup Kyt raises Rs 18cr to scale extracurricular learning

Edtech platform Kyt on Monday said it has received $2.5 million (approximately Rs 18.4 crore) in a funding round led by Sequoia Capital Indias...

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Manthan and RichRelevance Complete Merger, Form A New Martech AI Company – ‘Algonomy’

Manthan Software and RichRelevance, the global leader in experience personalization have completed their merger to form a new, rebranded Martech AI company Algonomy, which...

MeitY, AWS join hand to establish a Quantum Computing Applications Lab

The Ministry of Electronics and Information Technology (MeitY) in India will establish a Quantum Computing Applications Lab in the country, in collaboration with AWS,...

Optoma doubles its market share in Home Projector 

Optoma Corporation has announced that its market share in India doubled in 2020. Optoma has held the leading position throughout the year and its...