Tag Archives: Funding

B-Secur gets £3.5m funding for identity security technology

B-Secure’s chief executive, Alan Foreman, believes next-generation ECG authentication technology is crucial to fighting cyber attacks. A Belfast company that uses a human heartbeat pattern to securely identify an individual has attracted a major funding injection totalling £3.5 million (€3.92 million). B-Secur, which has developed patented biometric technology, sealed the early-stage funding boost from a syndicate of investors which included Accelerated Digital Ventures (ADV) and Kernel ... Read More »

House Committee Considers Education Spending Bill That Trims Trump’s Cuts, Drops Funding for Private Choice

House lawmakers are set to consider an education budget that makes some cuts to the Education Department, though much smaller than what the Trump administration put forth, and does not include sweeping funding the president wanted for new private school choice programs. President Trump had proposed cutting the agency’s overall budget by about $9 billion and adding $1 billion in ... Read More »

Looking for Funding? Here are Some Resources for Women Entrepreneurs

The number of women-owned businesses has risen dramatically in recent years, a healthy sign for those who value greater diversity in the nation’s economy. Between 2002 and 2012, the number of women-owned firms increased at a rate 2½ times the national average (52 percent vs. 20 percent) and employment at women-owned firms grew at a rate 4½ times that of ... Read More »

Getting the Right Funding Can be Daunting – But There is Hope

Vendedy is the first social network designed to connect global travelers to street markets. Founded by Forbes30Under30 Entrepreneur Christine Souffrant Ntim, the small business’s goal is to digitize the $10 trillion dollar street market economy and make it accessible to anyone and everyone. But when Ntim started out, she had an incredibly difficult time getting the funding she needed. Watch ... Read More »

Paytm ‘Is as Indian as Maruti’, CEO Vijay Shekhar Sharma Says on Chinese Funding

Paytm ‘Is as Indian as Maruti’, CEO Vijay Shekhar Sharma Says on Chinese Funding HIGHLIGHTS Alibaba pumped in $680 million into Paytm’s parent One97 last year Chinese investors are looking to raise their stake to 70 percent in Paytm Paytm Bank will not engage in a rate war with rivals like Airtel Facing criticism over significant Chinese ownership, Paytm Founder ... Read More »

Mobile Privacy Pioneer Silent Circle Raises $50 Million in Funding

Silent Circle, a Geneva-based pioneer in securing mobile communications, said on Friday it has raised $50 million in a Series C financing round led by Santander Bank as it looks to reinvent itself as an enterprise-focused business. The firm, which was founded by well-known cryptologists in 2011, said it plans to use the funds to expand development of software products ... Read More »

Hike Messenger Raises $175 Million in Funding From Tencent, Foxconn, Others

HIGHLIGHTS Hike Messenger announced funding of $175 million Hike Messenger is now valued at close to $1.4 billion The funding round was led by Tencent and Foxconn Hike Messenger, started as a joint venture between Bharti Enterprises and SoftBank, just announced its Series D funding round of $175 million (approximately Rs. 1,170 crores) at a valuation of $1.4 billion (approximately ... Read More »

India Funding Roundup: An IoT Hardware Startup, Mobile Tutoring Platform, and More

Our latest funding roundup compiles early and late stage investments in India’s startup ecosystem, covering investments in robotics, healthcare, e-commerce, budget hotel accommodations, and is notable for two huge funding events in the EdTech and grocery delivery space. Smartron India IoT startup Smartron India announced Tuesday that it had received an undisclosed sum of funding from cricketer Sachin Tendulkar, who ... Read More »

India Preparing Projects Worth $2-3 Billion For Funding By AIIB: Arun Jaitley

Finance Minister Arun Jaitley made the offer to set up AIIB branch in India while addressing the Board of Governors Session of the Annual General Meeting (AGM) of the bank headquartered in Beijing. BEIJING:  India is preparing a basket of projects worth USD 2-3 billion for funding by the Asian Infrastructure Investment Bank (AIIB) in several areas like urban development ... Read More »

Snapchat Reportedly Raises $175 Million in Latest Funding Round

Snapchat has raised $175 million (roughly Rs. 1,177 crores) in fresh funding from Fidelity Investments and other investors, according to a source familiar with the matter. The investment is an extension of Snapchat’s Series F financing round, which the company began raising last year, the person told Reuters. Snapchat, which makes a free app for sending messages and videos that ... Read More »