4th January 2021,
- Alibaba Group Founder Jack Ma Suspected To be Missing From 2 Months.
Alibaba Group founder Jack Ma, who has been under China government's scrutiny since the abrupt suspension of Ant's blockbuster $37 billion initial public offering (IPO) in Shanghai and Hong Kong has not been seen in public for more than two months. In Fact Jack Ma did not even shown up for the final episode of his own talent show, Africa's Business Heroes in November and an Alibaba executive had taken his place at the show.Alibaba and rivals such as Tencent Holdings are facing increasing pressure from regulators after amassing hundreds of millions of users and gaining influence over almost every aspect of daily life in China.
- FAU-G Game To Launch On 26th of January 2021.
Four months after unveiling the made-in-India alternative to PUBG, FAU-G (Fearless and United Guards) has announced that the game will be launched on January 26. Bollywood actor Akshay Kumar and nCore Games, the creator of the multiplayer action mobile game, took to Twitter to unveil the launch date.
Here is the Tweet of The Superstar Akshay Kumar:
- Snapdragon 480 Is The First 4-Series 5G Chipset From Qualcomm.
The Qualcomm Snapdragon 480 5G Mobile platform takes a huge leap forward in mobile connectivity for the 4-series. The Snapdragon X51 5G Modem-RF System supports multiple 5G spectrums, modes, and frequencies—at lightning-fast speeds. And with support for 2x2 Wi-Fi (dual antenna) and advanced features more users than ever before have access to widespread, robust connections—both at home and on-the-go.
This platform is a true milestone, packed with groundbreaking 4-series achievements including triple ISP capture, AI-based echo cancellation, Qualcomm Quick Charge 4+ Technology, and it also supports 120 fps displays. These 4-series allows high-graphic gaming performance, live chatting, sharing, and more—at a level of quality never before seen in this tier.- FinTech Startup Company CRED Raised $81 Million In Series C.
Credit card bill payment platform CRED has raised $81 million in Series C round of funding. The round was led by existing investors DST Global along with Sequoia Capital, Ribbit Capital, Tiger Global, and General Catalyst. Apart from this, Sofina, Coatue and Satyan Gajwani of Times Internet also participated in this round of funding that has brought Cred’s valuation up to $806 million.The investment comes at the heels of Cred’s last round of funding. So far the fintech startup has raised a total of $228 in four rounds of funding.
- Edtech Company UpGrad Doubled Students Base To Over 1 Million Since April.
The pandemic that has ravaged most of the economy, including regular education, has turned out to be a huge blessing for edtech platform Upgrad, as its customer base has more than doubled to 1 million since the lockdown. Between its incorporation in 2015 and March 2020, around 5 lakh professionals took learning and upskilling programmes on Upgrad's platform. However, the number of students have been increasing since April, with Upgrad crossing the one million students mark by December, Co-founder and Managing Director Mayank Kumar said. The company's revenue rate has been doubling quarter on quarter, and is on course to close the current year with over Rs. 1,200 crore revenue. The company's revenue stood at Rs. 230 crore in FY20. - AgriTech Startup Otipy Has Announced To Raise $10 Million In 2021
Social e-commerce platform for fresh produce Otipy on Monday said it is planning to raise $10 million this year to expand its presence in the country. To empower more resellers and further build its business across India, Otipy is in active discussions to raise $10 million in 2021, the company said in a statement. Otipy has already raised $2 million in 2020 from Inflection Point (IP) Ventures and the Smile Group.
Otipy Founder Varun Khurana said that in the last 8-9 months, they had built a robust platform in the fresh produce category supporting over 2,500 women and stores such as resellers and they are witnessing a phenomenal response from the customers in Delhi NCR. And they have plans to further expand this market in other cities as well.
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