Indico Capital Partners, the Lisbon, Portugal based VC, has launched a €25 million ‘Opportunity Fund’, with the help of previous LPs, to invest up to an additional €5 million in the most promising four or five companies from its first fund. Indico says this would double the maximum investment per startup from €5-10 million. Indico…
Monthly Archives: November 2022
Unified Payments Interface — commonly known as UPI — has become the most popular mobile payment route for P2P and merchant payments in India, and now Google’s stepping up with an updated UPI functionality to meet demand. Google Play has enabled users in the South Asian country to make subscription-based purchases using UPI. On Tuesday,…
The International Finance Corporation (IFC) has today launched a $225 million platform to back early-stage startups in Africa, Middle East, Central Asia, and Pakistan. The IFC, a member of the World Bank, will through the platform make equity and “equity-like” investments in tech startups to “grow them into scalable ventures that can attract mainstream equity…
The ink is not yet dry on Amazon’s $4 billion acquisition of OneMedical, but in the meantime, the online services giant is making one more move into telehealth, and into medical services overall, on its own steam. The company today is taking the wraps off of Amazon Clinic, which Amazon describes as a virtual health…
I’ve been a lover of books for as long as I can remember. Junie B. Jones was my icon in kindergarten, helping me develop both my vocabulary and my backsass. Even still, my book collection is expansive and my greatest ambition is to one day have an entire library with one of those sliding ladders…
SOPA Images / Contributor / Getty Images Shopee laid off around 100 employees on Monday, adding up to around 7,000 jobs cut in the last six months, per Bloomberg. Affected roles include those in HR, recruitment, training, and employee relationship management. The company’s share prices have plummeted around 87% from its 2021 peak. Ecommerce giant…
Citadel founder and CEO Ken Griffin said the Fed needs to conquer inflation before changing course on its monetary policy. Ryan Muir/The New York Times/Getty Images The Fed needs to stay on the course with its monetary policy, Citadel founder and CEO Ken Griffin said. Griffin said the Fed should not veer from its path…
Opera’s fondness for building social networks into its browser now extends to what’s arguably the hottest platform at the moment. The company has updated its desktop browser with quick access to TikTok through the sidebar. You’re ultimately accessing the web version anyone can use, of course, but this is still helpful if you want to…
If you’re on the lookout for a portable Bluetooth speaker, the Ultimate Ears Wonderboom 3 is a top choice and now available at an all-time low price. You can grab one in four colors at Amazon for $70, for a savings of $30 (30 percent) off of the regular $100 price tag. Buy Ultimate Ears…
There may not be as much choice as smartphones when it comes to tablets, but there are still a number of decisions to be made. If you are reading this, it’s likely you have already decided on Apple, and you are now trying to figure out what size iPad is the right one for you…