Asia
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Earlier this week, Indian Prime Minister Narendra Modi introduced a set of initiatives, called Startup India, designed to help the country’s fledgling tech companies and their investors. One of the first Silicon Valley venture capital firms to take advantage of Startup India is Storm Ventures, which just launched a new fund for SaaS startups in India. Read More
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If you want proof that Android is the operating system of emerging markets, look no further than Indus OS. The company, formerly known as Firstouch, is tweaking the Google-run operating system to the unique demands and cultures of India. And it’s raised $5 million in fresh funding to push on with its lofty target of reach one billion emerging market users. Read More
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Tokyo-based Sansan has raised a $16.9 million Series C to help companies store and manage information scanned from business cards. The funding, which brings Sansan’s total funding so far to $35.8 million, was led by DCM Ventures, with participation from Salesforce Ventures (the investment arm of the enterprise software company), and Nissay Capital. Read More
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Xiaomi has announced the Redmi 3, the latest version of its budget smartphone. The five-inch device, which sports a full metal body for the first time and a new diamond lattice design, goes on sale January 12 for 699 CNY, that’s around $107 and is the same price tag as its predecessor. Read More
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M won’t be the only artificial intelligence on Facebook Messenger. Facebook has given some developers access to an unannounced Chat SDK that allows them to build interactive experiences and “bots” in Messenger for shopping, booking travel, and more, sources with direct knowledge of the SDK confirm. The Chat SDK allows developers to create bots that users can send text messages… Read More
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