About Author
Pankaj Singh
Endowed with a post graduate degree in management and finance, Pankaj Singh has been a part of the online content domain for quite a while. Having worked previously as a U.K. insurance underwriter for two years, he now writes articles for fractovia.org and other online portals. He can be contacted at- [email protected] | https://twitter.com/PankajSingh2605
Contribution by Pankaj Singh
PDLT looking to build a new Hyperscale data center in the Philippines
PLDT Inc. is reportedly planning to develop an additional 100MW of data center capacity through its industry-leading ICT arm ePLDT, starting with a new hyperscale and a purpose-built facility in Sta. Rosa, Laguna, the Philippines. VITRO Sta. Rosa, ePLDT VITRO's 11th data center, will be built... Read More
Redpanda secures USD 50 Million in Series B funding round led by GV
Redpanda Data has reportedly raised USD 50 million in a Series B fundraising, led by GV, with participation from Lightspeed Venture Partners (LSVP) and Haystack Venture Capital. For those unaware, Redpanda is a modern streaming platform that provides developers with a simple, quick, reliable, and... Read More
Chinese authorities impose new regulations on food delivery platforms
Chinese authorities have recently ordered food delivery platforms to reduce service fees levied on restaurants to lower the operational expenses of food & beverage companies. This news sent dining and delivery giant, Meituan’s stock spiraling down by 15% on Friday, wiping out nearly USD... Read More
NxtGen eyes data center expansion in India with USD 174 Mn investment
NxtGen Datacenter and Cloud Technologies is reportedly planning to invest around USD 174 million to establish 236 edge centers and 10 additional data centers in India. The company is currently in the process of securing USD 100 million in funding by the end of the first quarter. The cloud storage... Read More
Byju’s to invest USD 200 Mn in offline tuition centers over 18 months
India’s Ed-tech unicorn Byju’s is reportedly planning to invest approximately USD 200 million towards establishing offline tuition centers which will provide education to students from grades 4 to 10 over the next 18 months. Byju’s has been eyeing the offline space for a while, ... Read More
Singapore’s Appboxo raises USD 7 Million in a Series A funding round
Singapore-based app-making platform Appboxo recently announced to have raised USD 7 million in a Series A funding round that was led by RTP Global. The investment round also saw participation from existing investors 500 Southeast Asia, and Antler; angel investors Kayvon Deldar, and Huey Lin; along w... Read More
Rolls-Royce planning to launch a small fully electric aircraft by 2025
Rolls- Royce’s aerospace division is reportedly working on a fully electric aircraft that is likely to launch within three to five years. Confirming the news, Rolls-Royce Director Rob Watson claimed that the first commercial deployment of P-Volt, which will have a power output of 600-kilowa... Read More
Glance raises $200 Mn from Jio Platforms; partners with Reliance Retail
Glance, InMobi's AI-powered lock-screen platform, announced on Monday that it has reached an agreement with Reliance Industries' Jio Platforms Limited to raise USD 200 million in its Series D fundraising round. The start-up has also formed a partnership with Reliance Retail to provide Gla... Read More
Jio and SES partner to provide low-cost broadband services in India
Jio Platforms Ltd. and satellite-based content connectivity solutions provider SES have recently announced a joint venture coined Jio Space Technology Ltd., to deliver high performance, affordable, and scalable satellite-based broadband services in India. SES and JPL will have 49% and 51% stakes in ... Read More
Reddit launches a web version of its live audio product Reddit talk
Reddit is reportedly expanding its live audio conversation product, Reddit Talk by introducing additional features aimed at increasing engagement, following the launch of its Clubhouse clone in April last year. The new features include web compatibility, recordings of previous sessions, live comment... Read More