Archive by Author

Blue Apron’s IPO isn’t going particularly well

7 Jul

By Mudit Mohilay, The Tech Portal

2017 was supposed to be the year of Tech IPOs. It all started with Snap Inc which went off to a roaring start before floundering. And now, another company which had recently listed itself on the market seems to be performing under expectations. Yes, we are talking about Blue Apron. After opening at well below its expected price of $15 to $17, the company has yet to give any profit to its investors. (more…)

China’s Ofo nabs over $700Mn from Alibaba, Didi Chuxing and others

7 Jul

By Kajal Joshi, The Tech Portal

Putting a full stop to the insistent rumors that had been flooding the interwebs over the last few weeks, Chinese bike rental ofo, has raked in $700 million in Series E round of financing. The round, led by Alibaba Group, Hony Capital and CITIC Private Equity with participation from current investors Didi Chuxing and DST Global. (more…)

10 Quick Tips about Slots

7 Jul

By Kajal Joshi, The Tech Portal

Are you a slots machine enthusiast? Here are superb tips on how to win big on your favorite slot machine. Slots are among the most popular casino games in the world because of their incredible ability of making punters rich within split seconds. A single spin can earn you a great fortune in this amazing game. The game is also quite simple and does not require any expertise because even the beginners win big. (more…)

Facebook now has over 2 Billion monthly active users

6 Jul

By Mudit Mohilay, The Tech Portal

Facebook has finally arrived at an milestone the likes of which has never been achieved in the world. The company has announced that it has reached 2 Billion monthly active users. This also makes it the largest human community on the face of earth. (more…)

Cyber security firm Trend Micro announces $100 million venture fund

6 Jul

By Jeet Suthar,  The Tech Portal

Cyber security firm Trend Micro has become the latest corporate to jump into the startup investment world. The company has announced a $100 million corporate fund on June 28. It is looking at opportunities in the internet-of-things (IoT) space. (more…)

According to Adobe, Amazon’s Echo Dot is the most selling voice speaker

6 Jul

By Mudit Mohilay, The Tech Portal

According to Adobe, Echo Dot has become the most selling smart speaker. The Amazon product seems to have surpassed its competitors in a surge of sales that has left it right at the top. Interestingly, Google’s Home product was the hottest selling product in the niche until late last year however, the Echo dot managed to usurp it and become the top selling intelligent speaker this year. (more…)

Andy Rubin’s Playground Ventures is raising another $15 million round

4 Jul

By Mudit Mohilay, The Tech Portal

Android Inventor Andy Rubin’s VC firm Playground Ventures is raising another $15 million as part of its mission to back promising startups in areas like  artificial intelligence and new generations of hardware. The firm has filed a form D with the Securities and Exchange Commission, which stipulates that it is raising a new tranche of $15 million. (more…)

Fitpass receives $1 million from Abhinav Bindra’s Shooting Star

4 Jul

By Jeet Suthar, The Tech Portal

Fitpass, a New Delhi-based startup which provides access to gyms and fitness studios, has raised $1 million in a new funding round, led by Shooting Star and Franchise India Brands. (more…)

Amazon’s Echo speakers with Alexa to be in India soon

3 Jul

By Ashvita Anand, The Tech Portal

According to two sources who are in the know, Amazon’s famous smart speaker Echo, powered by Amazon’s voice assistant Alexa will be released in India by the end of this year. And yes, you will no longer have to switch the language to English to use it! (more…)

Want to advertise in VR? Google’s Area 120 has you covered

3 Jul

By Mudit Mohilay, The Tech Portal

Google made a significant portion of its money advertising. And now, the company is attempting to ensure that its core business keeps pace with the rapidly changing times. Towards the same, it has announced a brand new product that brings with it, the concept of advertising in VR. (more…)