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.
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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.
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.
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.
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.
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.
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.