After the debacle that preceded the initial public offering of Facebook Inc in 2012, when the company’s stock changed hands at wildly varying prices and with little oversight, the market in secondary trading in shares of hot startups has made a strong comeback.
Continue reading Better rules, long IPO wait mean secondary market boom for ‘unicorns’
President elect Donald Trump is pro-business and anti-red tape. But what if your business is red tape?
Continue reading “Regtech” startups see more business in Trump era
Lisk, the decentralized blockchain application platform based in Berlin, said on Wednesday it has opened its financial records to the public in the interest of transparency and to demonstrate to its thousands of investors its intent to make its project work.
Continue reading Berlin blockchain start-up opens financial books to public
US-based cloud infrastructure provider DigitalOcean on Thursday announced “Hatch”, a global incubator programme that offers startups access to its Cloud for a year, providing free technical training, mentorship, priority support and a community to connect with other startups, accelerators and investors.
Continue reading DigitalOcean launches ‘Hatch’ to nurture startups
In a move to help Indian startups launch, market and distribute their products to millions of Amazon customers across the country and globally through a dedicated store, Amazon India on Monday launched its much anticipated global programme – Amazon Launchpad in India.
Continue reading ‘Amazon Launchpad’ to support Indian startups launched
Ride-hailing app Careem has closed the first part of a $500 million funding round backed by investors including Japan’s Rakuten Inc and Saudi Telecom Co (STC), the Dubai-based company said in a statement on Monday.
Continue reading Ride hailing app Careem closes first part of $500m funding round
Car rental aggregator firm Ola on Monday announced plans to invest Rs 100 crore towards skill development in India and empower 100,000 driver-partners in the next three years.
Continue reading Ola to invest Rs 100 cr to skill 100,000 drivers in India
Airbnb Inc is looking to raise an additional $153 million as an extension of a recent funding round, boosting its coffers as the company pushes forward with global expansion.
As India embraces a cashless economy, there has been a sudden spurt in new mobile wallet companies — but most of these start-ups are setting up digital shops without knowing the cyber risks involved, a top executive from US-based cyber security firm FireEye has emphasised. Continue reading Digital payment start-ups unaware of high security risks
A wave of start-ups is emerging in famously risk-averse Japan as cash-rich corporations increasingly delegate the task of keeping pace with technologies such as artificial intelligence and robotics to smaller, nimbler businesses.
Continue reading New start-up wave challenges Japan’s aversion to risk
