Wednesday, 1 September 2021

Equinix completes acquisition of GPX Global India, appoints Manoj Paul as MD

Equinix had in August last year announced the $161-million, all-cash deal to mark its entry into India’s data centre market, which is growing at about 15% and expected to reach $2 billion by 2025.

from Tech-Economic Times https://ift.tt/3yGKq0u

Indian startups go vocal on app store policies again

In what is regarded as a global first, South Korea’s Parliament approved a legislation banning technology platforms, including Google and Apple, from forcing developers and companies to only use their proprietary billing systems.

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India is fast becoming the global ransomware capital, says NPCI CEO

Dominance of a few players may not be in the best interest and there is a need to raise competition, says Dilip Asbe.

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Startup dreams take wing as India sees one seed round a day

The unprecedented rush of risk capital has led to more than 240 seed rounds with total disclosed investments of $284 million so far in 2021, according to data from specialist staffing firm Xpheno, shared exclusively with ET.

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EV infra startup Revos bags $4 million in funding

The company will use the capital to deploy EV chargers across the country and strengthen its technology team, its founders told ET. It plans to expand its network to one million chargers in the next three years.

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Dezerv Investments raises $7 million in maiden institutional funding

Dezerv Investments, a wealth management startup, will use the funding from Elevation Capital and Matrix Partners India to build its platform, expand the team and meet regulatory requirements, cofounder Sandeep Jethwani says.

from Tech-Economic Times https://ift.tt/3kODN7l

Why mental health startups haven't yet taken off in India

Despite the magnitude of the problem, risk money has largely eluded mental health startups in India, a sector that receives limited public money. According to data sourced from industry tracker Traxcn, Indian startups in the sector raised $20 million combined between 2016 -2020.

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HPBOSE 10th Result 2022 LIVE Updates: Himachal Board HP 10th result today at 11, check details here

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