UPI

India Aims to Onboard 300 Million New Users to UPI Payments Platform

21 hours ago

In a bold move to enhance its digital payment infrastructure, the Government of India has set an ambitious target of enrolling an additional 300 million new users on its Unified Payments Interface (UPI) by the year 2025. This initiative is expected to revolutionize the way millions of Indians engage with electronic transactions, further promoting a cashless economy.

Match Group Responds to Activist Claims with Strong Refutation

10 days ago

Match Group, the parent company of popular dating platforms including Tinder and OkCupid, has recently issued a forceful rebuttal against claims made by activist investors regarding its governance and strategic direction. The discord primarily revolves around the nomination of certain board members, which the company describes as misrepresentative and misleading.

Labour Pledges Game-Changing Reforms for UK's Defense Procurement to Boost Startups

18 days ago

The UK Labour Party has recently announced ambitious plans aimed at revitalizing the defense procurement process, particularly to benefit innovative startups. The proposed reforms come in response to growing concerns about the effectiveness of the current system, which critics argue stifles competition and innovation.

Cherry Ventures Secures $500 Million Fund to Target Europe’s Next Trillion-Dollar Company

2 months ago

In a bold move set to shake up the European venture capital landscape, Cherry Ventures has announced the closing of a substantial $500 million fund. This latest financial backing aims to support and invest in high-potential startups across Europe, with a particular focus on identifying and nurturing the region's next trillion-dollar enterprise.

Saudi Aramco's Venture Arm Invests in $30 Million Funding Round for Local Startup

3 months ago

In a significant move to bolster its investment portfolio and support regional startups, Saudi Aramco's venture capital arm has joined a $30 million funding round for a promising Saudi-based technology startup. This investment marks a key development not only for Aramco but also for the burgeoning tech ecosystem in Saudi Arabia.

Innovative Startup Launches Affordable Smart Bassinet to Compete with Snoo

3 months ago

In a significant development within the infant sleep technology market, a new startup has unveiled its groundbreaking smart bassinet aimed at providing a more budget-friendly alternative to the high-priced Snoo, which retails for $1,700. This innovative bassinet is designed to offer parents advanced features that enhance both safety and comfort for their newborns without breaking the bank.

Innovative Startups Tackle the Growing Threat of Wildfires with High-Tech Solutions

4 months ago

As wildfires become an increasingly devastating challenge across the globe, a wave of startups is stepping up to develop pioneering technologies aimed at combating these relentless blazes. The escalating frequency and intensity of wildfires, exacerbated by climate change and human activity, have prompted a diverse array of innovative approaches to tackle this urgent issue.

Klarna CEO Boosts Investment in AI Startup Physical Intelligence

4 months ago

In a significant move that underscores the growing intersection of finance and artificial intelligence, Klarna's CEO Sebastian Siemiatkowski has decided to increase his investment in the AI firm Physical Intelligence. This decision comes as part of a larger trend where tech leaders are recognizing the transformative potential of AI technologies in various sectors, including retail and finance.

Ethan Kurzweil Launches New Venture Capital Firm: Chemistry VC Aims to Revolutionize Startups

4 months ago

Ethan Kurzweil, a well-known venture capitalist, has taken a significant step in his career by establishing a new venture capital firm called Chemistry VC. This exciting development aims to foster innovation and cultivate startup growth in a rapidly changing economic landscape. By leveraging his extensive experience and network, Kurzweil seeks to fund and support companies at the forefront of technological advancements.

Earlybird Digital East Rebrands as BEK Ventures and Announces $250 Million Fund

5 months ago

In a significant development in the venture capital landscape, Earlybird Digital East has officially rebranded itself as BEK Ventures. This transition comes alongside the announcement of a new fund that has successfully raised $250 million, indicating a robust commitment to supporting technology startups in Eastern Europe and beyond.