Startup


Microsoft announced that it has acquired Lobe, an AI startup that helps developers make deep-learning models without coding. Lobe, a platform that can understand hand gestures, read handwriting, and hear music, will continue to develop as a standalone service. Lobe was founded in 2015 by Mike Matas, Adam Menges, and Markus […]

Microsoft buys AI startup Lobe


On this blog, we routinely look at two ends of the spectrum, startup success stories and review of failed startups. An interesting article in the New York Times reviews startups that are generating ‘mega-round’ investments; essentially large-scale fund raising of more than $100 million. The article in NYT – 100 […]

For a Start-Up, 100 Million Was Once Big Money. Now, ...


A while ago, we blogged a detailed writeup – What is the Amazon’s franchise program? How do I become a Franchisee? Amazon has been pushing forward on the program by extending its Delivery Service. In June, Amazon announced that it was rolling out its Delivery Service Partner program  to increase its package delivery […]

Amazon extends franchise model by ordering 20,000 Mercedes-Benz



Roundup of news and ideas from the world of startups – Week ending 2nd Sept 2018 News you can use Google, Xiaomi in talks to invest in two-year-old startup – Search engine giant Google and smartphone maker Xiaomi are among investors lining up for two-year-old startup Where Is My Train, an […]

Startup news roundup – Week ending 9th Sept 2018


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The once-hot startup, Theranos, that was trying to revolutionize bood-testing industry in the US is finally shutting down. Theranos’ solution was once heralded as a revolutionary new way to conduct a blood test to detect myriad diseases  with a single finger prick. According to a letter sent to shareholders, the […]

RIP Theranos – Embattled Blood-Testing Startup to Shut Down


Roundup of news and ideas from the world of startups – Week ending 2nd Sept 2018 News you can use Google, Xiaomi in talks to invest in two-year-old startup – Search engine giant Google and smartphone maker Xiaomi are among investors lining up for two-year-old startup Where Is My Train, […]

Startup news roundup – Week ending 2 Sept 2018



A 5-month-old package holding and delivery service, The New Post, abruptly closed down, leaving its customers in a lurch. Its general manager Sean Khokhar confirmed on Sunday that they had closed “due to staffing issues and a lack of funding. The platform we were working on didn’t come out to […]

Last mile delivery startup, The New Post shuts down


Venture Catalysts announced a pre-Series A investment in Playtoome, a live entertainment solutions platform. According to media accounts, angel investors including Arihant Patni, Bhaskar Raju Konduru, CTO at Housejoy, Goverdhan Singh Jamwal, chairman of Kunwar Viyogi Memorial Trust and Akhileshwaran Krishnan, Group CFO at Apollo Hospitals participated in the funding […]

Playtoome, a live entertainment solutions platform attracts VC funding


A Nigerian mobile recharge and payment solutions startup, Zoto, has reportedly shut down. Zoto’s problems appear to have started in May 2018. That was the time when users began to complain in social media about their inability to transact on the app. Confirming the shutdown, Oshone Emmanuel Ikazoboh, the co-founder […]

Nigerian Fintech Startup ZOTO shuts down



Roundup of news and ideas from the world of startups – Week ending 26 Aug 2018 News you can use Submit your application to TechCrunch Startup Battlefield Africa 2018 – If there’s one thing we learned hosting last year’s Startup Battlefield in Kenya, it’s that the tech startup scene across Africa […]

Startup news roundup – Week ending 26 Aug 2018