Times of Startups

Howells has initiated legal proceedings against Newport City to retrieve a hard disk containing 8000 Bitcoins. His wife, Halfina Eddy-Evans said that she disposed of the hard drive at a landfill in Newport, Wales after his husband told her to do so. Howells has initiated a legal case against the Newport City Council for $495 Millions. #howells #bitcoin #Newport

SoftBank’s CEO Masayoshi Son have urged the founders of his portfolio startups in India to focus on artificial intelligence (AI) with a 10-year perspective and Startups with a short term perspective are bound to fail. #news #India #startup #founders #softbank

Venture capital firm Stellaris Venture Partners, which has backed companies, like Mamaearth, Whatfix and Kiwi among others, has marked the final close of its third India-focused fund at $300 Mn

Honda Motorcycle & Scooter India (HMSI) today ushered into the next era of mobility with the introduction of ‘ACTIVA e:’ and ‘QC1’ in the electric vehicle segment. The unveiling of the iconic Activa brand in an all-new electrified avatar along with the QC1 marks a pivotal moment in the brand’s commitment to sustainable mobility in India. The debut of HMSI’s first- ever EVs took place in Bengaluru, Karnataka. Bookings for the same will begin on January 1, 2025, and deliveries will commence from February 2025 onwards.

Founder and CEO of Zomato, Deepinder Goyal will not take his salary of INR 3.5 Cr till 2026. He is not taking his salary from 2021 and will continue to do so till 2026. However, he is entitled to various variable pays subject to the board's approval.

Ola Electric plans to cut its workforce by about 500. The move will impact employees from a number of departments. The plan is to improve operational efficiency by reducing redundancies in order to turn profitable. #news #Olaelectric #workforce #employees #firing #restructuring

Chaaat.io to Release Bookingz, a Booking Personal Assistant to Streamline Appointment Scheduling

Shenzhen based startup Shanmu has unveiled a compact health-tracking device called S1 that can be fixed inside a toilet bowl to analyze urine samples. It uses digital microfluidic chipsets to measure kidney and liver markers, hydration levels, and signs of inflammation giving results to its App within 10 minutes. .

KOJO , a leader in sports, live experiences and entertainment, has expanded its PR offering through a strategic new partnership with renowned public relations consultancy O’Rourke PR (OPR). Rebecca O'Rourke

LogicMonitor , a SaaS-based hybrid observability platform powered by AI, has closed $800 million of new equity and strategic financing.