It means the modern innovators and startups don’t have time, luxury of patience to battle the challenges in the market.

These initiatives help Dubai Chamber in making appropriate interventions which makes Dubai a fertile ground of startup culture.

Then you also have accelerators and incubators among other benefits,” reveals Omar Khan.

Dubai Chamber which has been spearheading the startup revolution along with other stakeholders has developed a full network around the world to this effect.

“If you come to Dubai, you’ve the opportunity to expand to Africa, East Africa where Dubai Chamber has offices. | To read full story, visit https://startuparound.com/read/1582885806.4713194/DUBAI'S-SHIFT-TOWARDS-AN-INNOVATION-AND-START-UP-ECONOMY?ref=audio_experience

Voda.ai, a Boston, MA-based provider of artificial intelligence powered “Virtual Pipe Condition Assessment” Solution to predict water main failures for utilities worldwide, raised a second funding round of undisclosed amount.

The round was led by Innospark Ventures with participation from Massachusetts Clean Energy Center (MassCEC).

The company intends to use the funds to continue to expand operations, its business reach across the water industry globally and increase its product innovation efforts.

Led by CEO George Demosthenous provides utilities worldwide with AI powered solutions to proactively manage their aging water main pipes against water loss, breaks, and premature pipe replacements.

FinSMEs28/02/2020 | To read full story, visit https://startuparound.com/read/1582884011.8507514/Voda.ai-Raises-Second-Funding-Round?ref=audio_experience

In an interim order on Thursday (February 27), the Karnataka High Court stayed the Competition Commission of India’s (CCI) investigation into Flipkart.

Further, the company said that “the CCI order was perverse (and) passed without any application of mind”.

Earlier, Amazon had moved to the Karnataka High Court seeking a stay on the CCI’s investigation.

Reports also surfaced that CCI failed to find any evidence proving that Amazon and Flipkart had exclusive deals with smartphone manufacturers.

22 and 23 (of the CCI order) that there ‘appears’ to be an exclusive partnership between smartphone manufacturers and ecommerce platforms. | To read full story, visit https://startuparound.com/read/1582882205.9200728/Karnataka-HC-Grants-Interim-Stay-In-CCI-Investigation-Against-Flipkart?ref=audio_experience

Now, Reddit CEO Steve Huffman has called out TikTok for being “fundamentally parasitic”.

Several governments and private companies have come forward, claiming that TikTok has been collecting users data.

Last year in February, the US government claimed that TikTok had been illegally collected personal information from the Children.

But the US is not the only country claiming that China can snoop on the data collected by TikTok.

The department also threatened to ban the app if TikTok did not send appropriate responses. | To read full story, visit https://startuparound.com/read/1582880404.918719/TikTok-Is-More-Sneaky-Than-You-Think:-Reddit-CEO?ref=audio_experience

To address this problem, Udaan took a drastic call and put in place a strategy where they would not have any Product Manager.

Instead, the company has engineers who deal with a problem end to end, creating products to solve India’s issues.

Staying leanThe third, and perhaps the more interesting strategic decision that Udaan took was to “stay lean”.

“One of the contentious decisions I made was not to have managers,” Amod said.

Udaan took several bold leaps (tech choices and cultural decisions) to maximise productivity and solve core issues. | To read full story, visit https://startuparound.com/read/1582878605.476607/Future-of-Work-2020:-5-key-insights-from-Amod-Malviya-on-how-Udaan-stays-lean-and-drives-impact?ref=audio_experience

At Garage Society, she will be responsible for establishing strategic partnerships, handling sales and initiating new value-add services for members.

She joins Garage Society from WeWork, and has also worked with Zomato, KPMG and NowFloats in the past.Goyal has over 12 years of experience in managing business operations and meeting strategic growth objectives.

He will be overseeing the management operations including accounts, business operations, facility management, IT, procurement, project management and overall human resources at Garage Society.

Currently operating in Hong Kong, India, Singapore, Thailand, Cambodia and the Philippines, it has been growing its footprint across southeast Asia.

In India, Garage Society started its operations in February 2019 with their first workspace in Cyber City, Gurugram. | To read full story, visit https://startuparound.com/read/1582876805.6969802/Garage-Society-India-strengthens-leadership-team?ref=audio_experience

Kolla is a familiar name in the tech startup and business ecosystem in India.

For the last eight years, he has been helming the research firm Convergence Catalyst, which covers mobility, telecom, AI and IoT.

When his daughter showed interest in badminton, Kolla rushed to explore options, only to realize that the centuries old sports could use some deep tech.

Sensate TechnologiesKolla founded Sensate Technologies last year and has hired many industry experts and data scientists from Stanford, MIT, and India’s IIT.

Sensate is building solutions on deep technologies such as AI, ML, advanced analytics, IoT, robotics and blockchain. | To read full story, visit https://startuparound.com/read/1582875008.18965/Indian-research-firm-Convergence-Catalyst-is-ready-for-its-second-act-–-TechCrunch?ref=audio_experience

Merely 1 year after that, OYO founder Ritesh Agarwal has joined the billionaire club of the country.

According to Hurun Global Rich List 2020, OYO founder Agarwal is the world’s second-youngest billionaire.

At the age of 24, his wealth was estimated at $1.1 Bn (INR 7,800 Cr) in the Hurun Global Rich List 2020.

Ritesh Agarwal is the second youngest billionaire after model and entrepreneur Kylie Jenner, who amassed $1.1 Bn at the age of 22.

OYO’s India operations earned INR 3749.13 Cr in FY19 with expenses of INR 4204.6 Cr leading to a loss of INR 455.5 Cr. | To read full story, visit https://startuparound.com/read/1582873207.1582832/OYO-Founder-Ritesh-Agarwal-Is-Second-Youngest-To-Join-The-Billionaires’-Club?ref=audio_experience

Facebook on Thursday cancelled its annual F8 developers conference, the biggest annual event for the US tech giant, over fears about the possible spread of the novel coronavirus.

Mark ZuckerbergFace-to-face interaction at the conference center in San Jose will be replaced with presentations streamed online.

F8 sessions and demonstrations usually span its "family" of offerings including the main social network, Instagram, Messenger, WhatsApp and virtual reality unit Oculus.

The World Health Organisation declared on Thursday that the new coronavirus epidemic was at a "decisive point" as countries across the globe battled to contain the deadly outbreak.

Both Facebook and Microsoft said on Thursday they were withdrawing from the Game Developers Conference in San Francisco set for March. | To read full story, visit https://startuparound.com/read/1582871405.7779126/Facebook-cancels-annual-F8-developer-conference-amid-coronavirus-concerns?ref=audio_experience

In yet another blow for the Chinese ecommerce major, a Bengaluru-based customer has filed a police complaint against the company for allegedly selling fake products on the platform.

According to a report in Bangalore Mirror, Ravi Mahadev has alleged that sellers on Club Factory delivered duplicate products to him.

The Fake Goods Case Against Club FactoryMahadev, on January 15, had ordered a pair of Nike shoes, Oakley sunglasses and Indulekha hair oil from Club Factory for INR 3103.

The Bengaluru police also noted that Club Factory receives around 1.5 Lakh to 2 Lakh orders per day.

In the recent past, numerous complaints have been filed against Club Factory for selling fake products on the platform. | To read full story, visit https://startuparound.com/read/1582869604.657165/Police-Knocks-On-Club-Factory’s-Door-Again-For-Selling-Fake-Products?ref=audio_experience