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Flying taxi startup Blade is helping Silicon Valley CEOs bypass traffic

One year after a $38 million Series B valued on-demand aviation startup Blade at $140 million, the company has begun taxiing the Bay Area’s elite. As part of a new pilot program, Blade has given 200 people in San Francisco and Silicon Valley exclusive access to its mobile app, allowing them to book helicopters, private jets and even seaplanes at a moments notice for $200 per seat, at least. Blade, backed by Lerer Hippeau, Airbus, former Google CEO Eric Schmidt and others, currently flies pass...
Tags: Startups, Transportation, Venture Capital, Airbus, American-Airlines, BLADE, California, Carsharing, Ceo, Commuting, Eric Schmidt, Executive, Google, India, Los Angeles, Mumbai


AgileCraft’s Exit, $45M for Ojo Labs, Intel Grants & More TX Tech

Let’s catch up with the latest innovation news in Texas.—Georgetown, TX-based AgileCraft was acquired by Australia-based Atlassian (NASDAQ: TEAM), the team collaboration and productivity software maker, for $166 million. AgileCraft makes planning software that helps executives build and manage how the company’s projects develop. It’s focused more on leaders in a business than engineering and IT staff, and it helps them map out product strategy, spot bottlenecks and risks, and get a feel for the...
Tags: National blog main, National top stories, Texas, Texas blog main, Texas top stories, AgileCraft, AI, Artificial Intelligence, AT&T, Atlassian, ATX Seed Ventures, ATX Venture Partners, Austin, Australia, Brad Bentz, Canada


PUBG Mobile is testing a 6-hour per day limit in India

Tencent’s popular battle royale game PlayerUnknown’s Battlegrounds (PUBG) is under fire in India after reportedly causing deaths in multiple instances. Some Indian cities have banned the game for a certain period, and several people are asking the government to outlaw it. In a corrective step, the makers seem to be testing a 6-hour per day restriction on mobile. As spotted by SportsKeeda, the app is sending a health reminder to players after 6-hours, on the mobile version. If the player logs in ...
Tags: Gaming, India


WeChat Pay to reportedly take on Google Pay and Paytm in India later this year

Chinese tech giant Tencent is looking to enter India‘s payment market with a UPI-based (Unified Payments Interface) WeChat Pay app, according to Entrackr. The report notes Tencent execs met with the National Payment Corporation of India (NPCI) three weeks ago to discuss obtaining a license, with plans to launch the service in May or June. In the already saturated UPI payments market in India, WeChat Pay will compete against BHIM, PhonePe, Paytm, and Google Pay. According to NCPI’s website, month...
Tags: Apps, India, Money


How to watch the Indian Premier League 2019 cricket tournament online

The 12th edition of arguably one of the biggest cricket tournaments of the world – the Indian Premier League (IPL) – is kicking off tomorrow. Last year, more than 200 million people streamed the tournament online through Hotstar, an India-based streaming service owned by Star TV Network. As the Chennai Superkings are set to take on Royal Challengers Bangalore tomorrow, we thought you might find our guide on how to stream the IPL online handy. If you live in India, you can tune into Hostar’s site...
Tags: Apps, India


Netflix’ $4 mobile-only subscriptions could bolster its growth in India

In a bid to grow its audience in India, Netflix is trialing cheaper subscriptions that allow access to its streaming video service only on mobile devices, reports The Economic Times. The plan, which costs Rs. 250 ($3.65) a month, comes in at half the price of Netflix‘ cheapest standard plan for users in the country. That could make a lot of sense for the streaming giant, which brought its service to India in 2016, and was soon followed by Amazon’s Prime Video. It’s keen to grow its audience by 1...
Tags: Asia, India


CDPQ buys 27 pct of Hilco Trading

La Caisse de dépôt et placement du Québec said March 21 that it acquired a minority, 27 percent, of Hilco Trading LLC. Financial terms weren’t announced. Hilco, of Chicago, is a diversified financial services company. PRESS RELEASE MONTRÉAL and CHICAGO, March 21, 2019 /PRNewswire/ – La Caisse de dépôt et placement du Québec (“CDPQ”) has acquired a minority stake in Hilco Trading, LLC (d/b/a “Hilco Global”), an independent financial services company. Following the transaction, CDPQ will own 27% o...
Tags: Facebook, India, US, Trends, Chicago, Canada, New Delhi, Quebec, JEFFREY, Northbrook Illinois, PE Deals, Hilco, CDPQ, Quebec CDPQ, Stephane Etroy Executive, Hilco Global


This is the best (and simplest) world map of religions

At a glance, this map shows both the size and distribution of world religions.See how religions mix at both national and regional level.There's one country in the Americas without a Christian majority – which? China and India are huge religious outliers A picture says more than a thousand words, and that goes for this world map as well. This map conveys not just the size but also the distribution of world religions, at both a global and national level. Strictly speaking it's an infographic rath...
Tags: Africa, Asia, Atheism, Buddhism, China, Christianity, Europe, Faith, India, Islam, Middle east, Religion, United states, Map


Strong rupee pushes India rice prices to seven-month high, dampening exports

Rice export prices in India rose to their highest level in more than seven months as the rupee appreciated, denting demand, while trading companies in Vietnam increased domestic buying to fulfil new overseas deals.
Tags: Money, India, businessNews, Vietnam


Subsidiary of debt-laden IL&FS misses payment due to "insufficient funds"

India's IL&FS Transportation Networks Ltd said in a filing on Thursday that it missed some 209 mln rupees ($3 million) in principal and interest payments due on March 18 because of "insufficient funds."
Tags: Money, India, businessNews, IL FS Transportation Networks Ltd


KKR raising first Asia real estate fund, targeting $1.5 billion: Reuters

HONG KONG (Reuters) – Global investment powerhouse KKR & Co Inc is raising its first Asia-focused real estate fund, targeting $1.5 billion as it looks to deepen its real estate portfolio in the region, said people with knowledge of the matter. The New York-headquartered private equity firm is moving toward first-close of the fund late in the second quarter, the people said, declining to be named as the information is confidential. The firm itself will commit about $250 million in capital, and po...
Tags: Asia, Hong Kong, New York, India, Trends, Asia Pacific, Funds, Goldman Sachs, Seoul, KKR, Reuters, Reuters Global, Blackstone Group, CLSA, Gangnam, Pattar


Reliance sends fuel from India, Europe to Venezuela to sidestep U.S. sanctions

Reliance Industries is selling fuels to Venezuela from India and Europe to sidestep sanctions that bar U.S.-based companies from dealing with state-run PDVSA, according to trading sources and Refinitiv Eikon data.
Tags: Europe, Money, India, businessNews, Venezuela, Reliance Industries, PDVSA, India Europe, Refinitiv Eikon


Reliance selling fuels from India to Venezuela to avoid U.S. sanctions

India's Reliance Industries, operator of the world's biggest refining complex, has turned to selling fuels to Venezuela from India and Europe to circumvent sanctions that bar U.S.-based companies from dealing with state-run PDVSA, according to trading sources and Refinitiv Eikon data.
Tags: Europe, Money, India, businessNews, Venezuela, Reliance Industries, PDVSA, Refinitiv Eikon


I wanted to fold Huawei’s foldable phone but they wouldn’t let me

After reading and writing pieces about foldable phones for months, I finally got to try Huawei‘s extravagant Mate X foldable phone. I used the phone for a couple of minutes at the company’s briefing in India, and it was a very cool experience. However, there was one catch: I didn’t get to actually fold it. As my colleague Matt has mentioned in his story, the Mate X looks incredible – both in it’s folded and unfolded avatars. In my couple of minutes with the phone, I felt the phone’s build is qui...
Tags: Startups, Mobile, India, Huawei, Matt, Plugged


Investors snap up India's Embassy Office Parks REIT in $690 million IPO

Embassy Office Parks REIT's 47.50 billion rupee ($690.31 million) initial public offering, the first by a real estate investment trust in India, was oversubscribed on the last day of sale on Wednesday.
Tags: Money, India, businessNews, Embassy Office Parks


India's state-run MSTC $33 million IPO subscribed 1.5 times after sale extension

Indian e-commerce firm MSTC Ltd's initial public offering to raise as much as 2.26 billon rupees ($32.86 million) was subscribed 1.5 times, after the company extended the share sale until Wednesday and cut the lower end of the price band.
Tags: Money, India, businessNews, MSTC, MSTC Ltd


Nirav Modi arrested in London on India's request

Fugitive billionaire jeweller Nirav Modi had been arrested in London on behalf of the Indian authorities, British police said on Wednesday, prompting Prakash Javadekar to declare that "all looters will be brought back".
Tags: London, Money, India, businessNews, Prakash Javadekar, Nirav Modi


India's Embassy Office Parks REIT $690 million IPO subscribed over two times

Blackstone-backed Embassy Office Parks REIT's 47.50 billion rupee ($689.85 million) initial public offering, the first by a real estate investment trust in India, was subscribed more than two times by 1030 GMT on the last day of sale on Wednesday.
Tags: Money, India, businessNews, Blackstone, Embassy Office Parks


A finger in too many pies – India’s draft ecommerce policy barely scrapes the surface of any of the issues it raises

By Divij Joshi The Draft National E-Commerce Policy is an ambitious document – in the course of 42 pages, it aims to guide not only the future of India’s e-commerce sector, but the entirety of its digital economy. Unfortunately, this ambition is also its downfall – the policy’s articulation of... ...
Tags: Travel, Ecommerce, News, Internet, Government, India, Policy, MeitY, Divij Joshi


Pine Labs acquires Amazon-backed Qwikcilver for $110 million

Pine Labs, a merchant platform based in Singapore, announced on Tuesday that it has acquired Bengaluru-based gift card solutions provider Qwikcilver – which counts Amazon among its investors – for $110 million (approx Rs758 crore). It claims to manage an annualised gross transaction... ...
Tags: Travel, Amazon, Mobile, Ecommerce, News, Internet, Singapore, India, E-commerce, Mergers & Acquisitions, Digital Payments, Qwikcilver, Pine Labs, Mergers And Acquisition


SpiceJet in talks to lease some of Jet Airway's grounded planes: source

India's SpiceJet Ltd could benefit from cash-strapped Jet Airways being forced to ground planes, and the low-cost carrier is in talks with lessors to lease some of those aircraft, a person with direct knowledge of the matter told Reuters.
Tags: Money, India, businessNews, Jet Airways, SpiceJet, SpiceJet Ltd


Desi Innovations: Not just jugaad, but these innovators are solving for themselves [Collection]

India is a land of innovation and while tech companies are still looking at West (and China) for inspiration, the innovators back home are solving for themselves. And in the process, they are creating some amazing products. We respect and bat for these innovators. In no particular order, here goes a collection which will inspire you to push more! The post Desi Innovations: Not just jugaad, but these innovators are solving for themselves [Collection] appeared first on NextBigWhat.
Tags: Business, China, India, Tech, West


“Indian farmers are not anti-tech.” #AIBoss [Interview With Shailendra Tiwari, Fasal]

We, at NextBigWhat, are attempting to drive forward the conversation around Artificial Intelligence in India beyond headlines that scream for attention but don’t offer much, buzzwords that make your head buzz after a while, and countless utopian tales that vie for your eyes only to leave you with a scratching head and a lingering itch to actually get to the meat of the matter. In this spirit, the #AIBoss series intends to educate, inform and elevate our readers understanding of the subject a...
Tags: Facebook, Business, India, Css, SaaS, Mailchimp, Agritech, Koramangala, NextBigWhat, Karnataka Maharashtra, Indian Facebook, Bharat Market, Shailendra Tiwari Fasal, Shailendra Tiwari, Fasal, Shailendra


From farms to slums, Indian women on sharp end of jobs crisis

A few years ago, in this sweltering corner of western India, the horizon was dotted with hunched, barefoot women swinging sickles all day to cut wheat for the spring harvest.
Tags: Money, India, businessNews


China Authorizes Building Four New Nuclear Reactors and India Commits to Six

China announced plans to invest 81.2 billion yuan (US$12 billion) in four new nuclear reactors for the first time since 2016. CNNP’s reactors are planned in Zhangzhou city, Fujian province, while CGN... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Tags: China, India, US, Innovation, Zhangzhou city Fujian province


Augmented Reality Lets Retailers Deliver Best Experience to Customers

By Tuhin Bhatt A Timberland store used AR to get users to try apparel without even stepping into a store. This took augmented reality to a new level and is expected to help increase footfalls to the store. The use case of AR in retail is increasing, with innovation taking the technology to spectacular results. These disruptions which are now the differentiators will slowly become the standards of tomorrow. Retailers who embrace the latest technologies now are certainly the ones who will remain c...
Tags: Business, UK, India, Sales & Marketing, Right Now, Tuhin, Tuhin Bhatt, Intelivita, AR Development


Indian-Omani group strikes $3.85 billion deal to build Sri Lanka oil refinery

India's Accord Group and Oman's Ministry of Oil and Gas have signed a $3.85 billion deal to build an oil refinery in Sri Lanka, the biggest single pledge of foreign direct investment ever made in the country.
Tags: Money, India, businessNews, Sri Lanka, Accord Group, Oman s Ministry of Oil


Only 3 Percent of US Retail Sales Completed Via Mobile Wallet

A new infographic from Expert Market has mapped out mobile wallet usage in 36 countries around the world. In the US, only 3% of retail sales were completed through a mobile wallet. The global penetration rate of this technology is still very low topping at 6%, except for one country. The one outlier in this report is China, which has a staggering 36% of the population using mobile wallet. This is nine times the global average of 4%. As consumers move away from cash, businesses have to implement...
Tags: Europe, UK, Australia, France, China, India, US, Sales, Spain, Canada, Netherlands, Brazil, Uae, Crossfield, Technology Trends, Americas Argentina


Mindtree management rejects L&T's hostile takeover bid

India's Mindtree on Tuesday rejected conglomerate Larsen & Toubro's hostile takeover bid, saying L&T's plan to acquire a controlling stake will not create value for the IT services firm or its shareholders.
Tags: Money, India, businessNews, Larsen Toubro, Mindtree


A Waymo engineer reveals how the self-driving car company develops its robot brains (GOOGL)

Shilpa Gulati leads Waymo's Behavior Prediction team. The India-born engineer works on perfecting Waymo's robot brains. Her inspiration was reading Isaac Asimov's legendary robot stories when she was 12 years old. Editor's note: Business Insider has been talking with Waymo employees from different parts of the company to learn more about their work. What we discovered were some of the coolest jobs at Alphabet, Waymo's parent company. This is the latest profile in the series. To read the other...
Tags: Apple, Google, Facebook, India, US, Trends, Nasa, Silicon Valley, Jupiter, Bosch, Phoenix, University of Texas Austin, Isaac Asimov, Asimov, Gulati, GOOGL



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