Tiger Global backs Indian crypto startup Coinswitch Kuber at over $500M valuation

Coinswitch Kuber, a startup that allows young users in India to invest in cryptocurrencies, said on Thursday it has raised $25 million in a new financing round as it looks to expand its reach in India, the world’s second largest internet market and also the place where the future of private cryptocurrencies remains uncertain for now. Tiger Global financed the entire Series B funding round of Coinswitch Kuber and valued the three-year-old Indian startup at over $500 million. The announcement of Series B comes just three months after Coinswitch closed its $15 million Series A round from Ribbit Capital, Sequoia Capital India, and Kunal Shah. The Bangalore-based startup has raised $41.5… Read More

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Tesla’s solar panels will soon only be sold in bundles with Powerwall

Tesla’s solar roof. | Image: Tesla Tesla’s solar products will soon only be sold together with the company’s Powerwall battery, CEO Elon Musk announced on Twitter. Integrating them into a single product will making installations easier and home backup more seamless during outages, according to Musk. The change will affect both Tesla’s Solar Panels (which sit on top of an existing roof), and Solar Roof (which replaces a home’s existing roof slats). The new policy was announced just hours after Musk responded to a tweet from Ark Investment Management’s director of research Brett Winton, who had complained that his Tesla solar panels hadn’t generated any electricity since installation because he… Read More

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SmartNews’ COVID-19 vaccine alert reaches 1M users in Japan a week after launching

SmartNews’ Vaccine Alert and Map features for its Japanese app SmartNews announced today that its tools to help Japanese users find nearby COVID-19 vaccine bookings have reached more than one million users just a week after launching. The news discovery unicorn decided to create Vaccine Alert and Map features for its Japanese app because many people there are frustrated by the speed of vaccine rollouts. In the United States, where vaccinations are going much faster, SmartNews just released a feature that lets people find appointments by zip code today. The company has more than 20 million monthly active users combined in Japan and the United States. News discovery app SmartNews… Read More

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SmartNews’ COVID-19 vaccine alert reaches 1M users in Japan a week after launching

SmartNews’ Vaccine Alert and Map features for its Japanese app SmartNews announced today that its tools to help Japanese users find nearby COVID-19 vaccine bookings have reached more than one million users just a week after launching. The news discovery unicorn decided to create Vaccine Alert and Map features for its Japanese app because many people there are frustrated by the speed of vaccine rollouts. In the United States, where vaccinations are going much faster, SmartNews just released a feature that lets people find appointments by zip code today. The company has more than 20 million monthly active users combined in Japan and the United States. News discovery app SmartNews… Read More

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Dubai wants 25% of all journeys in the city to be ‘driverless’ by 2030

This article was originally published by Christopher Carey on Cities Today, the leading news platform on urban mobility and innovation, reaching an international audience of city leaders. For the latest updates follow Cities Today on Twitter, Facebook, LinkedIn, Instagram, and YouTube, or sign up for Cities Today News. Autonomous vehicle company Cruise will launch its first international robotaxi service in Dubai, with plans to have up to 4,000 vehicles in operation by 2030. The  firm, which is backed by General Motors, will roll out taxi services in 2023, and establish a new Dubai-based company to handle the deployment. The city… This story continues at The Next Web …read more Source::… Read More

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Bux, a European Robinhood, raises $80M to expand its neo-broker platform

A new wave of apps have democratized the concept of investing, bringing the concept of trading stocks and currencies to a wider pool of users who can use these platforms to make incremental, or much larger, bets in the hopes of growing their money at a time when interest rates are low. In the latest development, Bux — a startup form Amsterdam that lets people invest in shares and exchange-traded funds (ETFs) without paying commissions (its pricing is based on flat €1 fees for certain services, no fees for others) — has picked up some investment of its own, a $80 million round that it. Alongside this, the company is… Read More

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