Synopsis The company said it will use the capital for building its team, product development, marketing, and assisting doctors in setting up their digital clinic. Health tech startup Eka.Care has raised $4.5 million from investors such as 3one4Capital , Eximius Ventures, Speciale Invest and several angel investors. The company said it will use the capital for building its team, product development, marketing, and assisting doctors in setting up their digital clinic. Angel investors who participated in the round include MakeMyTrip founder Deep Kalra, INDMoney founder Ashish Kashyap, MakeMyTrip cofounder Rajesh Magow, Cred founder Kunal Shah, 314e Corporation founder Abhishek Begerhotta, Udaan cofounder Sujeet Kumar, Unacademy cofounder Gaurav Munjal, Razorpay cofounder Shashank Kumar, redBus founder Phanindra Sama, redBus CEO Prakash Sangam, Terra.do founder Anshuman Bapna, Tracxn CEO Abhishek Goyal, Haptik CEO Aakrit Vaish, and Arjun Seth, managing director of Pearl … [Read more...] about Health-tech startup Eka.Care raises $4.5 million in funding
According to a recently published survey, the majority of Americans are worried that the U.S. government won’t do enough to regulate big tech companies. A survey conducted by Axios and SurveyMonkey has revealed that the majority of Americans are worried about the growing power of large tech companies and the government’s failure to regulate them. According to the poll, in just the past three months concern over government inaction to regulate tech companies rose by 15 percentage points. This represents a large shift in the public perception of Silicon Valley in a short period of time, which may be partly due to the increased reliance on tech in people everyday lives. According to the Axios-SurveyMonkey poll from November, shortly after representatives of Facebook, Google, and Twitter testified before Congress about their role in the 2016 presidential elections, approximately four in 10 Americans were worried that the government would fail to adequately regulate tech … [Read more...] about Report: American Public in Favor of Big Tech Regulation
SINGAPORE (Reuters) - The first listing of a multibillion-dollar Southeast Asian tech company in Indonesia on Friday will set the benchmark for IPO hopefuls in a region where global investors are chasing fast growing e-commerce markets. PT Bukalapak.com Tbk, a 11-year-old e-commerce company backed by Ant Group, Singapore sovereign fund GIC and local media and tech conglomerate Emtek, makes its market debut after raising $1.5 billion in Indonesia's biggest ever initial public offering (IPO). The first listing of a venture-backed company in a country crowded with founder-led startups, has fuelled a frenzy among institutional and retail investors scrambling to get a piece of the IPO in a market that has seen few large flotations. "I'm expecting to get some capital gain for the listing since it will get a lot of buy ratings," said Andry Taneli, a retail investor, who cited Bukalapak's size among local tech firms and its anticipated strong liquidity versus peers. The IPO comes … [Read more...] about Indonesian blockbuster IPO to set tone for Southeast Asia tech sector
Historically, periods of great technological advancement have also delivered correspondingly significant GDP growth. Over this decade, we’ll experience more technological progress than in the past 100 years put together, innovator Peter Diamandis wrote in his 2019 book, as a potent mix of technological advances reshapes a wide range of industries. Massively enhanced computer power, as processors become ever faster and cheaper, is making technology increasingly capable. Simultaneously, some technologies are converging (think artificial intelligence and robotics), while our access to technology is also expanding. These trends are propelling startling breakthroughs, delivering astonishing new product and service functionalities, and providing an irresistible foundation for the reinvention of companies, industries, and markets. As part of the drive to create the Thailand 4.0 economy, tech sectors feature prominently among the Thai government’s areas of focus aimed at boosting … [Read more...] about Embracing Thailand’s top tech trends
Startup ecosystem enabler T-Hub and HCL Technologies have announced a collaboration to explore emerging technologies like Quantum Computing and DeepTech. As part of the collaboration, T-Hub will connect HCL’s Open Innovation Program eSTiP with select startups. “This partnership will enable HCL to leverage T-Hub’s innovation expertise and ecosystem of start-ups, corporates and investors to accelerate its open innovation initiatives,” T-Hub said in a release. Additionally, HCL will look to curate solutions of the startups for its clients and for focused programme statements, while gaining access to T-Hub’s events and demo days. T-Hub CEO Ravi Narayan said, “with this partnership, we are focusing on aiding HCL in its vision of strengthening the approach of creating value for its customers and partners through some disruptive startups, whereas also providing our startups with growth opportunities.” “Our partnership with T-Hub cements our ecosystem innovation journey with additional … [Read more...] about T-Hub, HCL to collaborate on Quantum Computing and Deep Tech.