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Indian Ed-tech Firm IMAX Program Wins $13.5m Funding

February 13, 2018

IMAX Program, a Bengaluru-based personal education startup, has won $13.5 million from the Michael and Susan Dell Foundation to expand its customer base throughout India. The company, which currently serves over 800…

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Amazon Announces Increases in Prime Deliveries

January 2, 2018

Amazon has announced that its Prime service saw more uptake than ever before in 2017. The company, whose chief Jeff Bezos this year became the world’s richest person, will still not reveal…

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Jalisco’s Tech Boom: “The New US Government is Helping Mexico”

June 28, 2017

Read the daily news and you’d be forgiven for thinking US-Mexico relations are at a nadir. When it comes to some sectors, however, that isn’t the case. Jalisco State, on Mexico’s Pacific…

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Yesss! How Axel and Boris Aren’t Your Average German Tech Investors

June 23, 2017

According to Axel and Boris’ LinkedIn account (they share one), they are based in Berlin, Copenhagen, Liechtenstein, Stockholm and Monterrey. Neither are they merely entrepreneurs, but ‘visionaries’, keen to inject their particular…

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Kalanick’s Dramatic Uber Departure: Too Little, Too Late

June 21, 2017

First, a disclaimer: losing a parent is a horrendous and painful ordeal. We at Red Herring do not want to lose sight of the grief and loss Travis Kalanick must still be feeling,…

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Indian MedTech Firm Medinfi Closes Angel Round

March 30, 2017

Indian medical tech startup Medinfi has raised its seventh round of funding, worth $50,000. The firm, based in the country’s tech capital of Bangalore, will use the injection to grow its user…

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Bitcoin’s Fortunes Surge, then Plunge, in More Madness for the Cryptocurrency

March 8, 2017

Last Friday bitcoin’s value rose above gold for the first time, enthralling headline writers across the tech press. Its price of $1,290, compared to gold’s $1,228, led some to laud the arrival…

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YOYO’s PopSlide to Pounce on Mobile’s Next Billion

November 30, 2016

by Anam Alpenia Smartphone purchases in the developing world are rocketing. In southeast Asia, where YOYO Holdings, an innovative mobile advertising firm has set up shop, the market is growing 65% year…

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Denave’s Snehashish Bhattacharjee: “India is Conducive for Scale, Not Global Growth”

October 11, 2016

Snehashish Bhattacharjee is a decorated veteran of India’s tech scene. He began working at Wipro (which was the Software arm of Wipro – now part of Wipro Limited) before moving to Microsoft India in…

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Helper4U Is a Matchmaker for India’s Giant Semi- and Unskilled Workforce

October 3, 2016

Around two years ago, when Meenakshi Gupta Jain was founding what would become Helper4U with her husband, Punit, she received a phone call. A young woman, from a village outside Mumbai, said…

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Saudi Startup Foodics Gets $20m Cash Injection

Saudi Arabian firm Foodics, which has created an all-in-one restaurant

The Exit Report

Israel’s YL Ventures Sells Axonius Stake for $270m, Just a Week After Unicorn Valuation

Israeli venture capital fund YL Ventures has sold its stake in compatriot

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