India loses contact with spacecraft during historic moon landing attempt – gpgmail

[ad_1] India’s attempt to become the first nation to soft land a robotic spacecraft at the moon’s South Pole, an unexplored region, has ended in failure, the space agency said Saturday. Less than two miles above the lunar surface, the Vikram lander (named after Vikram Sarabhai, the father of India’s space program) lost communications with […]

Xiaomi has shipped 100 million smartphones in India – gpgmail

[ad_1] Xiaomi said on Friday it has shipped over 100 million smartphones in India, its most important market, since beginning operations in the nation five years ago. The company cited figures from research firm IDC in its claim. The Chinese giant, which has held the top smartphone vendor position in India for eight straight quarters […]

Teaching ethics in computer science the right way with Georgia Tech’s Charles Isbell – gpgmail

[ad_1] The new fall semester is upon us, and at elite private colleges and universities, it’s hard to find a trendier major than Computer Science. It’s also becoming more common for such institutions to prioritize integrating ethics into their CS studies, so students don’t just learn about how to build software, but whether or not […]

Why Walmart’s Flipkart is betting heavily on Hindi – gpgmail

[ad_1] To win India’s next 200 million internet users, e-commerce giant Flipkart wants to speak their language Flipkart, the largest e-commerce platform in India, said Tuesday it has concluded the roll-out of a range of features to its shopping app in what is its biggest update in recent years. Chief among these new features is […]

Accion Venture Lab launches $23M inclusive fintech startup fund – gpgmail

[ad_1] Accion Venture Lab—the seed-stage investment arm of non-profit Accion—has raised $23 million for a new inclusive fintech startup fund. The Accion Venture Lab Limited Partnership, as its called, will make seed-stage investments in inclusive fintech startups, defined as ventures that “that leverage technology to increase the reach, quality, and affordability of financial services for […]

Goldman backs Kobo360, Rwanda commits to EVs, Interswitch IPO update – gpgmail

[ad_1] Nigerian freight logistics startup Kobo360 raised a $20 million Series A round led by Goldman Sachs and $10 million in working capital financing from Nigerian commercial banks. The company — with an Uber-like app that connects truckers and companies to delivery services — will use the funds to upgrade its platform and expand to 10 new countries beyond […]

Urbvan raises $9 million for its private shuttle service in Mexico – gpgmail

[ad_1] As cities in emerging markets grapple with increasingly traffic-clogged and dangerous streets, Urbvan, a startup providing private, high-end transportation shuttles in Mexico, has raised $9 million in a new round of financing. Co-founded by Joao Matos Albino and Renato Picard, Urbvan is taking the reins from startups like the now-defunct Chariot and tailoring the […]

India liberalizes foreign investment rules in a win for Apple – gpgmail

[ad_1] India has further liberalized its foreign direct investment (FDI) rules for many sectors, opening new avenues for global investors and giants such as Apple as Asia’s third-largest economy attempts to jump-start its years-low economic growth. New Delhi said Wednesday evening that it is easing sourcing norms for single-brand retailers like Apple. As part of […]

India’s 9-month-old CRED raises $120M to help people improve their financial behavior – gpgmail

[ad_1] Many Silicon Valley companies and fintech startups in India today share a common mission: They all want to bring their financial services to the next billion users. Dozens of fintech startups that we have spoken to in recent months have told us that they all want to address much of India, one of the […]

India exempts startups from long-standing ‘angel tax’ – gpgmail

[ad_1] India today addressed a long-standing challenge that has been affecting the country’s booming startup ecosystem. As part of a raft of measures to boost overall economic growth from a five-year low, Finance Minister Nirmala Sitharaman said New Delhi is exempting startups from Section 56(2) — a provision more popularly known as an “angel tax” in the […]