TrueCar acquires Digital Motors to improve its online marketplace

TrueCar acquires Digital Motors to improve its online marketplace

TrueCar, an automotive pricing and information website for buying and selling new and used vehicles, has recently announced the acquisition of automotive retail and FinTech platform Digital Motors Corp. The aim of this acquisition is to foster TrueCar’s plan to offer a robust digital car buying and selling experience with its TrueCar+ marketplace.

Mike Darrow, President and CEO of TrueCar, said that their firm is continuously working to create an asset-light marketplace where potential customers have easy and transparent access to a national vehicle stock and their dealers can efficiently interact with the national consumers.

Bexs Pay collabs with Nupay to boost cross border e-commerce payments

Bexs Pay collabs with Nupay to boost cross border e-commerce payments

International payment service provider, Bexs Pay is partnering with NuPay, a next gen neo banking platform, to facilitate e-commerce payment intermediation.

With this acquisition, Nubank users will be able to process debit payments or pay in up to 24 no-cost EMI (Equated Monthly Installment) from Nubank app, without signing any contract and providing their bank details. This will allow buyers to make purchases immediately.

Sources cite that Nubank customers will be able to access the new payment solution which could be of great help to Brazilian shoppers as stats from NielsenIQ Ebit indicate that 68% of the Brazilian customers bough

Adtech startup Veridooh bags $5Mn to expand internationally

Adtech startup Veridooh bags $5Mn to expand internationally

Veridooh, an Adtech startup based in Australia, has recently raised $5 million in series A funding which will be utilized to expand its customer reach internationally. The funding is the first capital raised by the company and the funding round was headed by EVP, wherein the partner Dan Szekely headed the deal.

Szekely will partner with the Veridooh board along with Veridooh’s cofounders Jeremy Yang and Mo Moubayed.

The oversubscribed funding round included Jelix Venture, an Australian and New Zealand investment firm that funds young technology companies to accelerate growth, as well as Aconex cofounders Rob Phillpott and Leig

Supercell to invest $60Mn in Trailmix to supercharge its growth

Supercell to invest $60Mn in Trailmix to supercharge its growth

Supercell, a Finland-based game company, has recently acquired a major share in Trailmix, the creator of Love and Pies mobile game, and has hinted plans to invest $60 million to expand its growth.

The move is part of a strategic investment by Supercell that aims to generate billions from famous games such as Clash Royale, Boom Beach, Clash of Clans, Hay Day, and Brawl Stars.

Carolin Krenzer, CEO and Co-founder of Trailmix, said that their company has been working with Supercell for a very long time and they are happy with this partnership. Love and Pies have been doing great over the last few months; therefore, the partnership is a

Robot orders surge by 40% as employers tackle labour shortage

Robot orders surge by 40% as employers tackle labour shortage

As employers across the world are looking for ways to meet demand in light of ongoing labour shortage, many are now turning to automated technology and robots as an alternate solution.

Shift towards automation is becoming a promising way for firms that are struggling to meet the demand in the current market scenario.

In fact, according to the Association for Advancing Automation, orders for robots have increased by 40% in the first quarter of 2022 and were said to be up by 21% overall in 2021, directing the industry to a projected value of $1.6 billion.

David A. Zapico, Chief Executive Officer

Google to integrate note taking app Cursive with Chromebooks

Google to integrate note taking app Cursive with Chromebooks

Tech giant Google has recently announced a new update for Chromebooks, Chrome OS 102 with new features. With this recent update, the company is integrating its note-taking app Cursive to all Chromebooks that will work with a stylus.

The Cursive application allows the user to conveniently take pictures, edit, and organize handwritten notes on the Chromebook. In addition, users can also sketch drawings or paste pictures with their notes. Further, the user can bifurcate notes into custom notebooks for several projects and can quickly make a PDF of notes and send it to other apps.

In the upcoming months, Google will also integrate featu

ArcelorMittal unveils XCarb™ Accelerator Programme for tech startups

ArcelorMittal unveils XCarb™ Accelerator Programme for tech startups

ArcelorMittal S.A. has reportedly unveiled XCarb™ Accelerator Programme to support pathbreaking tech startups and expedite the decarbonization of the steel industry.

Tech startups around the world will be able to submit applications to compete for funding from the company’s XCarb™ Innovation Fund which intends to invest more than USD 100 million yearly in such breakthrough technologies.

It will offer access to the expertise and advice of ArcelorMittal in research and development, innovation, business mentorship, and technology commercialization.

Aligning with ArcelorMittal&rsq

PaaS company Laminar nabs $5.1Mn in funding to scale global footprint

PaaS company Laminar nabs $5.1Mn in funding to scale global footprint

Laminar Global, an enterprise-grade video streaming solution provider, has recently secured $5.1 million in the seed funding round as it plans to scale its business and global footprint. The funding round – headed by Garuda Ventures, Sampson Acquisitions, Artha India Ventures, and Cloudcap – comes at a time when there is a rapid adoption of cloud-based software solutions among media houses. 

 

Laminar CEO, Narendra Nag said that this investment will help the company to scale its business and expand its global reach. At present, Laminar has a presence in Atlanta, London, Singapore, Toronto, New Delhi, and Dubai

HCL partners with Unleash to develop solutions to conserve aquatic ecosystem

HCL partners with Unleash to develop solutions to conserve aquatic ecosystem

Tech giant, HCL has recently partnered with Unleash, an innovative program to achieve UN Sustainable Development Goals, to employ youth to develop innovative helpful solutions in order to achieve aquatic ecosystem conservation.

These solutions will tackle challenges from source (glaciers and mountains) to sink (seas and oceans) and their links to terrestrial ecosystems.

According to a credible source, both the entities will join hands to establish a year of youth-led innovations. Precisely, the collaboration will allow youth to create and launch solutions that will facilitate SDG 15 i.e., life on land and SDG 14 i.e., life underwate