The Tech Bulletin

Unacademy, the online platform for free education has just closed a new funding round worth $1 Million. The announcement comes around 5 months after the startup raised its angel round. The latest funding round was led by Blume Ventures, just like the last round. Other participants in the latest round are WaterBridge Ventures, Stanford Angels India, Traxcn Labs and a bunch of Angel investors including Sachin Bansal (Flipkart), Vijay Shekhar Sharma (Paytm), Kunal Shah (Freecharge), Ashish Tulsian (Posist), Sandeep Tandon, Aprameya Radhakrishnan (Taxi4Sure), Phanindra Sama (Redbus), Sumit Jain & Vikas Malpani (Commonfloor). [ 217 more words ]

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Unacademy raises $1 Million from Blume Ventures and others Unacademy, Online platform for free education, has raised $1 Million led by Blume Ventures with participation from Sachin Bansal, Vijay Shekhar Sharma, Kunal Shah and Ashish Tulsian.

Myntra, Indian eCommerce platform has acquired HRX, the fitness and sportswear brand co-owned by Bollywood superstar Hrithik Roshan and Exceed Entertainment. The deal was disclosed by a statement issued by Myntra. The financial details of the deal were not yet disclosed, however, a few sources close to the deal have quoted through economic times that Myntra has acquired around 51% stake in the brand and the deal will help the eCommerce company strengthen its private label business. [ 201 more words ]

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Myntra acquires stake in HRX by Hrithik Roshan Myntra, Indian fashion eCommerce company has acquired a majority stake in HRX, a casual apparel and lifestyle brand co-owned by Hrithik Roshan.

Making its presence felt in the automotive industry, Samsung has invested $450 Million in China based BYD Company Ltd. BYD deals in electric cars and rechargeable batteries for smart automobiles. This investment by Samsung puts it in the league of giants like Google, Apple and Tesla who have already put in a lot of money in the automobile sector to make their brand count. [ 145 more words. ]

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BYD raises $450 Million from Samsung BYD Company Ltd, China based car manufacturer has raised $450 million from Samsung to grow the battery production business.