India: Talent engagement platform Sense raises $16m led by Avataar Ventures

Artificial Intelligence-based talent platform, Sense, on Thursday said it has raised $16 million as part of its Series C funding round, led by Avataar Ventures. Existing investors Accel and Google Ventures also participated in the round. Along with the fund raise, Sense has roped in former InMobi executive Sanjay Dharmani as managing director for its… Continue reading India: Talent engagement platform Sense raises $16m led by Avataar Ventures

Baidu and BAIC Group’s ARCFOX Brand Collaborate to Launch Apollo Moon Robotaxis, Plan Mass Production at Affordable Costs

Apollo Moon has a projected operating cycle of over five years and is slated to revolutionize the transportation sector by providing dependable long-term robotaxi ride-hailing services. In stark contrast to the high production price of an average autonomous vehicle in the industry – which typically fetches over RMB 1.5 million per unit – Apollo Moon is therefore… Continue reading Baidu and BAIC Group’s ARCFOX Brand Collaborate to Launch Apollo Moon Robotaxis, Plan Mass Production at Affordable Costs

Autoliv leading the way and sets ambitious climate targets

STOCKHOLM, June 17, 2021 /PRNewswire/ — Autoliv, Inc. (NYSE: ALV) (SSE: ALIVsdb), the worldwide leader in automotive safety systems, today announced its plan to become carbon neutral in its own operations by 2030 and aims for net-zero emissions across its supply chain by 2040. Autoliv is also committing to the Science Based Targets initiative. “Autoliv’s… Continue reading Autoliv leading the way and sets ambitious climate targets

Waymo announces another $2.5 billion in funding from latest investment round

Autonomous rideshare startup Waymo has announced an additional $2.5 billion investment round of funding. Waymo plans to use the additional funding, led by parent company Alphabet Inc., to hire more staff and advance its self-driving technology toward more paid rides. Waymo was launched in 2009 by Google’s parent company Alphabet, Inc., as a self-driving car project.… Continue reading Waymo announces another $2.5 billion in funding from latest investment round

Asia Digest: Pak B2B marketplace Jugnu’s parent, S Korea’s Barogo raise funds

Pakistani software firm Saleflo and South Korean delivery platform operator Barogo have raised funding. Pakistan-based Jugnu parent Saleflo raises $3.2m Pakistani software firm Saleflo, the parent company of B2B marketplace Jugnu, has raised PKR 518 million ($3.2 million) from Systems Limited, a Lahore-based outsourced technology and business process services provider, KrAsia reported. Founded in 2015,… Continue reading Asia Digest: Pak B2B marketplace Jugnu’s parent, S Korea’s Barogo raise funds

@GM: GM Will Boost EV and AV Investments to $35 Billion Through 2025 June 16, 2021

GM will pull ahead construction of two new Ultium battery cell plants in the U.S., in addition to plants in Ohio and Tennessee now being built Growth investments enabled by GM’s strong underlying business, including record EBIT-adjusted in the last three quarters; GM increases first-half 2021 guidance DETROIT – General Motors Co. (NYSE: GM) announced… Continue reading @GM: GM Will Boost EV and AV Investments to $35 Billion Through 2025 June 16, 2021

The Future of Travel Is Human

On the other hand, a trusted travel advisor can save the average do-it-yourselfer not only time but money while offering peace of mind. And, since travel advisors are human beings and not algorithms, clients can benefit from the personalized attention. They may even enjoy a few pleasant surprises now and then, from an upgrade to… Continue reading The Future of Travel Is Human

Smart enforcement app for trucks launched to reduce logistics costs: ComMin

By using the integrated smart solution, data related to goods being carried on a truck would be fetched from the existing Goods and Services Tax Network (GSTN) and VAHAN databases and this data would be available to enforcement officers on the road in advance for approaching trucks. The government on Wednesday said it has launched… Continue reading Smart enforcement app for trucks launched to reduce logistics costs: ComMin

Hyundai Motor Group Chairman Euisun Chung Visits U.S. to Review Future Mobility Strategies

SEOUL, South Korea, June 16, 2021 /PRNewswire/ — Hyundai Motor Group Chairman Euisun Chung is visiting the U.S. to review the Group’s strategies for future mobility and the direction of technological development. Chairman Chung has met executives and engineers of Motional Inc., the Group’s autonomous driving joint venture (JV), in Boston, Mass., as well as… Continue reading Hyundai Motor Group Chairman Euisun Chung Visits U.S. to Review Future Mobility Strategies

Indian software testing firm BrowserStack raises $200m, joins unicorn club …

Cloud-based software testing platform BrowserStack said on Wednesday it raised $200 million in a funding round that valued the company at $4 billion, joining the unicorn club for startups. The funding round was led by San Francisco-based technology investment firm BOND, which has backed companies like Airbnb Inc, DoorDash, and Facebook Inc, and included venture capital firms… Continue reading Indian software testing firm BrowserStack raises $200m, joins unicorn club …