Category: Tech News

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Indian car service startup myTVS raises $50m funding from Exor …

myTVS, an online garage aggregator for automotive repair and maintenance services, has raised about $50 million (Rs 375 crore) from a fund managed by Exor, the holding company of Italy’s Agnelli family. myTVS will use the funds to scale up its online-to-offline business model, establish a pan India platform and build its cloud-based digital infrastructure… Continue reading Indian car service startup myTVS raises $50m funding from Exor …

[Updated] Sea Group’s second quarter losses widen by 10% on higher marketing, R&D spends

Singapore-based e-commerce and gaming giant Sea Ltd. on Tuesday reported a net loss of $434 million for the second quarter of this year, widening its loss by 10.2% from $394 million a year ago as spending on sales and marketing, and R&D rose significantly. The NYSE-listed company booked revenues of $2.28 billion, up 159% from… Continue reading [Updated] Sea Group’s second quarter losses widen by 10% on higher marketing, R&D spends

Meet the self-driving brains inside Volkswagen and Ford

Today I’m talking to Bryan Salesky, the co-founder and CEO of Argo AI, a startup that’s trying to build the tech stack for self-driving cars. Argo was founded in 2016, but there’s some solid foundations there: Bryan and his team were veterans of Google’s and Uber’s self-driving groups, and they have major investments from Ford… Continue reading Meet the self-driving brains inside Volkswagen and Ford

Scooter sharing has finally come to NYC — is the city ready?

New York City is a scooter-free metropolis no longer. On Tuesday, August 17th, three companies — Bird, Lime, and VeoRide — deposited 1,000 scooters each in the East Bronx, officially kicking off a pilot project to see how battery-powered two-wheelers fare on the mean streets of New York. To be sure, New Yorkers have been… Continue reading Scooter sharing has finally come to NYC — is the city ready?

India: Wearable startup Ultrahuman raises $17.5m from Alpha Wave, Steadview, others

Metabolic fitness startup, Ultrahuman, on Tuesday said it has raised $17.5 million as a part of its Series B funding from Alpha Wave Incubation (AWI), Steadview Capital, Nexus Venture Partners, Blume Ventures and Utsav Somani’s iSeed fund. Marquee founders and angel investors who also participated include Tiger Global’s Scott Schleifer, Nexus Venture Partners’ Sandeep Singhal,… Continue reading India: Wearable startup Ultrahuman raises $17.5m from Alpha Wave, Steadview, others

Philippines’ electric grid operator files for IPO to raise up to $571.4m

Philippines’ Synergy Grid & Development Phils. Inc, majority owner of the country’s electricity grid operator, has applied for an initial public offering (IPO), the corporate regulator said in a statement on Tuesday. Synergy Grid is planning to sell as many as 1.154 billion shares, including the over-allotment option, at 15 to 25 pesos ($0.30 to $0.49) each, allowing the IPO to raise… Continue reading Philippines’ electric grid operator files for IPO to raise up to $571.4m

GIC acquires over 5% in event management firm Eventbrite

Singapore sovereign wealth fund GIC has acquired a 5.05% stake in US-based event management and ticketing website Eventbrite, a filing with the Securities and Exchange Commission showed. As part of the transaction, GIC picked up a total of about 3.81 million shares. Around 3.74 million of those shares have sole voting power, while 75,000 of… Continue reading GIC acquires over 5% in event management firm Eventbrite

Astro teams up with Timbuk2 to build the ultimate gamer bags

As someone who regularly attends conventions like PAX, I know the importance of a good bag for your gaming gear. You need something that can snugly hold your Nintendo Switch, controllers and headsets while also making room for all their cables and plugs. I’ve tried various solutions over the years but nothing’s ever really hit… Continue reading Astro teams up with Timbuk2 to build the ultimate gamer bags

Activision drops ‘Call of Duty: Vanguard’ teaser ahead of official reveal

Images for the next Call of Duty game have recently surfaced online, giving us a glimpse of what to expect for the future of the franchise. Now, Activision has released a teaser trailer for the upcoming installment called Call of Duty: Vanguard, featuring elements clearly indicating that the game is set during World War II.… Continue reading Activision drops ‘Call of Duty: Vanguard’ teaser ahead of official reveal