Monday, August 2, 2021

Unacademy raises $440 million in fresh funding at $3.44 billion valuation

Online learning platform Unacademy announced it has raised $440 million in a funding round led by Temasek, with super pro-rata participation from General Atlantic, Tiger Global, and Softbank Vision Fund. https://ift.tt/3rV3o1J

Financial regulators urgently need to get a grip on 'Big Tech': BIS

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IT Minister Said to Meet Social Media Representatives After Twitter Standoff

The recently appointed Union IT Minister Ashwini Vaishnaw is likely to meet representatives of social media firms this month, sources said on Monday. This comes amid social media giant Twitter's... https://ift.tt/3lu6g4i

Redmi Note 10 JE With Qualcomm Snapdragon 480 SoC Launched

Redmi Note 10 JE has launched in Japan as a tweaked version of the Redmi Note 10 5G and Redmi Note 10T 5G. It is exclusive to the Japanese market and is powered by a Qualcomm Snapdragon SoC instead of... https://ift.tt/3A0c0qz

Infinix Smart 5A With Dual Rear Cameras, Selfie Flash Launched in India

Infinix Smart 5A was launched in India on Monday. The new Infinix phone comes with Android 11 (Go edition) out-of-the-box and carries features such as dual rear cameras and a waterdrop-style notch. https://ift.tt/3CgpPn1

Snoop, which uses open banking and analytics to help customers manage their money, raises £15M Series A at a post-money valuation of £47M (Dan Taylor/Tech.eu)

Dan Taylor / Tech.eu:
Snoop, which uses open banking and analytics to help customers manage their money, raises £15M Series A at a post-money valuation of £47M  —  Money management app Snoop has raised £15 million in a few funding round, giving the business a post-money valuation of £47 million.



YouTube trials Premium Lite subscription for €6.99/month, offering ad-free viewing across all major platforms, currently available in Europe (Jon Porter/The Verge)

Jon Porter / The Verge:
YouTube trials Premium Lite subscription for €6.99/month, offering ad-free viewing across all major platforms, currently available in Europe  —  Currently being piloted in parts of Europe  —  Google is piloting a more affordable premium subscription tier for YouTube …



Nozomi Networks, which aims to shield critical infrastructure from cyberattacks, raises $100M Series D led by Triangle Peak Partners as it prepares for an IPO (Carly Page/TechCrunch)

Carly Page / TechCrunch:
Nozomi Networks, which aims to shield critical infrastructure from cyberattacks, raises $100M Series D led by Triangle Peak Partners as it prepares for an IPO  —  Nozomi Networks, an industry cybersecurity startup that aims to shield critical infrastructure from cyberattacks, has raised $100 million in pre-IPO funding.



Realme Dizo Watch, Noise ColorFit Pro 3 Assist launched under Rs 4,000: Price and features comparison with new smartwatches from Redmi and Boat

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Ericsson gets 5G radio contracts in China, Nokia disappoints: Sources

Nokia, which was expected to take away Ericsson's market share in China, did not receive any share, according to a tender document published by the Chinese companies. https://ift.tt/2Vf0k4v

Realme to start export of India-made smartphones to Nepal from Q3

Realme Vice President and India and Europe Chief Executive Officer Madhav Sheth will spearhead the brand's presence and business operations in Nepal while continuing to lead the India and Europe growth story for the company, a statement said. https://ift.tt/3ihrz7m

Amazon Great Freedom Festival Brings Big Discounts on Electronics: Details

Amazon Great Freedom Festival sale has been announced and it will kick off from August 5. The five-day sale will bring up to 40 percent off on mobiles and accessories, up to 60 percent off on... https://ift.tt/3rPrfQc

Non-VC funds invested in a record 42% of tech startup funding deals in Q2 2021; H1 '21 US startup funding was $150B, with FY 2021 on pace to double 2020's total (Heather Somerville/Wall Street Journal)

Heather Somerville / Wall Street Journal:
Non-VC funds invested in a record 42% of tech startup funding deals in Q2 2021; H1 '21 US startup funding was $150B, with FY 2021 on pace to double 2020's total  —  Hedge, mutual and pension funds are investing heavily, leading to higher valuations and more leverage for company founders



Estonian ride hailing startup Bolt, formerly known as Taxify, raises $713M at a ~$4.75B valuation, led by Sequoia, Tekne, and Ghisallo (Ryan Browne/CNBC)

Ryan Browne / CNBC:
Estonian ride hailing startup Bolt, formerly known as Taxify, raises $713M at a ~$4.75B valuation, led by Sequoia, Tekne, and Ghisallo  —  - Estonian ride-hailing start-up Bolt has raised $713 million in fresh funding to push into the rapidly-growing online grocery delivery industry.



Tecno Pova 2 with 7,000mAh Battery Launched in India: All Details

Tecno Pova 2 has been launched in India. The smartphone sports a 7.000mAh battery with 18W Flash Charge fast charging. It runs Android 11-based HiOS and features a 6.95-inch full-HD+ (1,080x2,460... https://ift.tt/3C7dZev

Finland, Canada, the US, and other countries are testing tech for passport-free travel, including facial recognition and a "digital travel credential" (Matt Burgess/Wired)

Matt Burgess / Wired : Finland, Canada, the US, and other countries are testing tech for passport-free travel, including facial recogniti...