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Grofers rebrands as Blinkit

The rebranding indicates its focus on quick commerce space.  The rebranding comes months after the Albinder Dhindsa-led company launched an initiative to deliver groceries in 10 minutes Grofers, an online grocery startup, has changed its name to Blinkit to emphasize its focus on India’s fast-growing quick commerce market. “We learnt a lot as Grofers, and all our learnings, our team, and our infrastructure is being repurposed to pivot to something with staggering product-market fit — quick commerce, the company said in a blogpost Monday. “Today, we are surging ahead as…

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Kapil Dev invested in Harmonizer India’s AI & ML focused technology solutions

Dev has been investing in the startups’ space since 2015. His bets include grocer peopleeasy.com, Samco Ventures, online market network Wizcounsel. Former cricketer Kapil Dev has invested an unknown amount in power sector-focused technology business Harmonizer India. The former pacer and World Cup-winning captain would be holding an undisclosed stake in the company’s artificial intelligence, machine learning and internet of things (IoT)-focused energy saving solutions technology, as per a statement. According to sources, Dev has been investing in startups since 2015, and his investments include grocer peopleeasy.com, Samco Ventures, online…

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Roku and Google reach a long term deal for YouTube and YouTube TV

The companies reached the agreement just days before their previous deal covering YouTube on Roku was set to expire on Dec. 9. Roku has previously said it does not earn any kind of revenue from the YouTube app. Roku and Google have sealed the deal, announcing a multiyear extension for both the YouTube and YouTube TV apps on the Roku streaming platform. The agreement was reached just days before their previous deal covering YouTube on Roku was set to expire on December 9. Roku’s distribution agreement with YouTube TV expired in…

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Whatsapp yet again receives a new update

WhatsApp is rolling out a new security update that better syncs the WhatsApp chat between a user’s mobile application and other linked devices like a laptop. WhatsApp has introduced three options for the disappearing messages feature; 24 hours, 7 days, or 90 days. Users were reportedly experiencing chat synchronisation issues when using whatsapp on multiple devices. According to reports, the bug causes incorrectly synced chats between the various linked devices. WhatsApp, the world’s most popular messaging app, is now rolling out a security fix for the issue, which resolves the…

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Delhivery acquires US based transition robotics

This deal will help Delhivery strengthen its capabilities in a wide range of applications Delhivery claims to have successfully fulfilled over one billion shipments since inception  IPO-bound Delhivery has acquired Transition Robotics Inc, a California-based company focused on developing unmanned aerial system platforms. This agreement will assist Delhivery in strengthening its capabilities in a variety of applications such as aerial photography, remote sensing, inspection, and surveys. Transition Robotics, founded in 2011 in Santa Cruz, has focused on bringing vertical-takeoff unmanned aerial systems with advanced flight capabilities to market. It has…

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Stanford and Google together Creates Time Crystals With Quantum Computers

There is a massive international effort going to develop a computer that can use quantum physics to do computations of unparalleled complexity. While there are still major technological barriers to overcome in order to build such a quantum computer, today’s early prototypes are capable of incredible feats. For instance, consider the formation of a new phase of matter known as a “time crystal.” A time crystal, like a crystal’s structure in space, repeats in time and, more crucially, does so eternally and without any further energy input – similar to…

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Customer analytics startup MoEngage raised $30 Mn in a new funding round

MoEngage helps companies measure customer engagement and analyse metrics Its customers include Future Retail, Byju’s, Sharechat, Dominos Pizza MoEngage, a customer analytics startup, announced on December 7 that it had raised $30 million in funding led by Steadview Capital, its valuation to around $500 million in six months. Despite the fact that MoEngage’s valuation has more than doubled, the company has declined to comment on the matter. Existing investors include Multiples Alternate Asset Management, Eight Roads Ventures, F-Prime Capital, and Matrix Partners India. MoEngage, which was founded in 2014, helps…

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Edtech major Byju’s announced the acquisition of GeoGebra

Edtech company Byju’s acquired Austria-headquartered GeoGebra. GeoGebra will continue to operate as an independent unit within the Byju’s Edtech major Byju’s announced the acquisition of Austria-based GeoGebra on Wednesday. According to people briefed on the matter, the acquisition will be a cash-and-stock transaction worth around $100 million. Byju’s made no comment on the size of the deal. “This acquisition complements Byju’s overall product strategy and integrates GeoGebra’s capabilities to enable the creation of new product offerings and learning formats to its existing mathematics portfolio,” the company said in a statement….

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A new report reveals $275 Mn worth deal between Apple CEO Tim Cook and china

Apple’s Cook signed a deal worth $275 billion in 2016 with the Chinese government. The deal involved investment in tech companies, startups, projects, and more. Apple CEO Tim Cook signed a $275 billion deal with the Chinese government in 2016 as per a new report. Cook met with Chinese government officials in an attempt to ease regulatory actions that were due to be implemented at the time, and he assured the investment. The agreement aimed to boost China’s economy while also increasing the workforce’s technological skill sets. The Information (via…

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Paytm partners with AWS to provide its startup toolkit to entrepreneurs

Paytm startup toolkit offers solutions in the domain of payments, payouts, banking and distribution Paytm, India’s leading digital ecosystem for consumers and merchants, has teamed with Amazon Web Services (AWS) to provide its startup toolkit to startups onboarded on AWS Activate, a scheme that gives free tools, resources, and more to help startups get started on AWS efficiently. Paytm will provide payment, distribution, and growth options to entrepreneurs in India participating in the AWS Activate initiative. The Paytm startup toolkit is a one-stop shop for solutions in the areas of…

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