Cloud-based media SaaS company Amagi has raised about $105 million (Rs 875 crore) in a mix of primary and secondary funding from private equity firm General Atlantic. According to the company’s latest filing with the Registrar of Companies (RoC), its board has passed a special resolution to issue 3,35,854 Series F compulsory convertible preference shares… Continue reading India: SaaS unicorn Amagi bags $105m in fresh funding from General AtlanticAmagi turned unicorn after raising $95 million in a funding round led by Ac…
Category: Tech News
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India may let Chinese electronics firms enter via JVs with local companies, says report
The Indian government is open to letting Chinese companies enter the country’s high-tech electronics sector should they set up manufacturing plants in partnerships with local companies, the Economic Times newspaper reported on Wednesday, citing officials. A joint venture (JV) proposal could be cleared if the Indian partner holds a majority stake and controls the board, according to the report, although it said no conditions have… Continue reading India may let Chinese electronics firms enter via JVs with local companies, says report
Tencent, China Unicom gain nod to set up ‘mixed ownership’ company
Chinese tech giant Tencent Holdings and state-owned telecommunications firm China Unicom have received regulatory approval to set up a so-called “mixed ownership” company, a public document showed on Wednesday. China has been accelerating its push for mixed-ownership reforms in an effort to boost the competitiveness of state firms. It was not immediately clear what the planned company would do. Shares in China Unicom surged 10% in Shanghai, forcing a temporary suspension of trade. Trade… Continue reading Tencent, China Unicom gain nod to set up ‘mixed ownership’ company
Canva-backer Blackbird raises Australia’s biggest VC fund at $640m
Australian venture capital firm Blackbird announced that it raised A$1 billion (about $640 million) for a new fund that will invest in general companies in Australia and New Zealand. The venture investor, which counts Canva and robotics firm Zoox in its portfolio, said the fifth fund is Australia’s largest fund to date and doubles the… Continue reading Canva-backer Blackbird raises Australia’s biggest VC fund at $640m
India Digest: Lotus Herbals picks up 20% in Yogic Secrets; Roha Dyechem buys Saraf Foods
Lotus Herbals Pvt Ltd has bought a 20% stake in nutraceutical products startup Yogic Secrets Healthcare. Separately, Roha Dyechem, a manufacturer of synthetic and natural colours, has acquired Saraf Foods Ltd, a freeze-dried agricultural product company. Lotus Herbals invests in Yogic Secrets Lotus Herbals Pvt Ltd said it has bought a 20% stake in nutraceutical… Continue reading India Digest: Lotus Herbals picks up 20% in Yogic Secrets; Roha Dyechem buys Saraf Foods
Clean Technica: Does The Chevy Bolt Have “Huge Sales” Now?002351
CNN Business recently published an article titled “The Chevy Bolt’s huge sales prove America is craving a cheap electric car.” It caught my attention since I track auto sales, and especially electric vehicle sales, very closely. The Bolt’s 3rd quarter sales in the US were 14,709, which put it third in the EV market, only… Continue reading Clean Technica: Does The Chevy Bolt Have “Huge Sales” Now?002351
Clean Technica: 3 Years & 80,000 Miles With My Tesla Model 3 — Battery Degradation, Maintenance Costs, Etc.002350
We were totally excited on October 22, 2019 when we drove our Tesla Model 3 Long Range away from the Tesla Salt Lake City Delivery Center. We’ve just passed our 3 year anniversary! Our odometer as I write this reads 80,821 miles. I wanted to determine how much battery degradation had occurred over that time… Continue reading Clean Technica: 3 Years & 80,000 Miles With My Tesla Model 3 — Battery Degradation, Maintenance Costs, Etc.002350
Cleantechnica: Top 5 Automakers For Electric Vehicle Sales Globally 002349
Let’s look at electric vehicle registrations by OEM — for now, full electrics (BEVs) plus plugin hybrids (PHEVs). At the end of Q2, BYD was leading with 15.4% share, but now it is up 1.9 percentage points, to 17.3%, increasing its advantage over Tesla to 4% market share. Comparing with the month of August, BYD… Continue reading Cleantechnica: Top 5 Automakers For Electric Vehicle Sales Globally 002349
Rolex Deepsea Challenge 2022: the Deepest Diver You Can Buy
Rolex describes its new release, the Deepsea Challenge, as “a watch that defies the limits.” That means the limits of depth and atmospheric pressure in addition to engineering, since the Deepsea Challenge is designed to be able to function up to 11,000 meters—almost 7 miles—underwater. But you’d be forgiven for concluding it means the depths… Continue reading Rolex Deepsea Challenge 2022: the Deepest Diver You Can Buy
Elon Musk wants to make Twitter’s edit button free for everyone, report says
Twitter may soon charge users $8 a month for verification, but Elon Musk reportedly plans to give all users a long-requested feature for free: the edit button. According to Platformer’s Casey Newton, the move is in the works alongside the more sweeping changes to Twitter Blue that Musk previewed Tuesday. For now, Twitter’s edit button is… Continue reading Elon Musk wants to make Twitter’s edit button free for everyone, report says