Faridabad-based eyewear solutions startup Lenskart is raising $231 million (Rs 1,645 crore) from SVF II Lightbulb, a Cayman Islands-based entity that appears to be an investment vehicle of Softbank Vision Fund (SVF), according to RoC filings accessed by YourStory.

With this funding, the company valuation is said to be at $1.5 billion, according to media reports.

Lenskart has already been in discussions with SoftBank Vision Fund this year to raise a funding of $350 million at a potential valuation of $1 billion and upwards.

With the funding, Lenskart expanded its business operations in Singapore and has set up a 100 percent wholly-owned subsidiary, i.e.

It also reported a loss of Rs 27.89 crore in FY19, compared to Rs 117.9 crore in 2018. | To read full story, visit https://startuparound.com/read/1576828808.5589662/[Funding-alert]-Lenskart-raises-$231M-from-SoftBank-Vision-Fund-II?ref=audio_experience

The average cost of a data breach in the country has gone up to INR 11.9 CrAfter rolling out a Google Chrome update to fix the bug which deleted app data, tech giant Google is now alerting users in India about potential data breach and phishing incidents.

The Chrome 79 update was halted midway after a bug was discovered for Android users.

Now, Google shows real-time notifications to users in India and globally, in the case of phishing or data breach.

The Indian Computer Emergency Response Team (CERT-In) has also reported an increasing number of data security breach and phishing attacks in the country.

Last month, CERT-In had released an advisory for OnePlus customers in India, where it claimed that less than 3K Indian customers were exposed in the recent security breach. | To read full story, visit https://startuparound.com/read/1576827006.5739226/Google-Chrome-Data-Breach-Alert-Sends-Indian-Users-Into-Panic?ref=audio_experience

Uber Technologies Inc will establish a $4.4 million fund to settle a federal investigation into allegations that the San Francisco company allowed a rampant culture of sexual harassment, the US Equal Employment Opportunity Commission announced on Wednesday.

A claims administrator will send notices to women who worked at Uber between January 1, 2014, and June 30, 2019.

The company has also agreed to create a system to identify serial offenders and managers who fail to respond to concerns about sexual harassment in a timely manner.

The commission initiated the investigation after a former Uber engineer wrote a widely circulated blog post exposing sexual harassment at the company, including propositions from her boss.

A few months back, the on-demand ride-sharing company Uber announced the launch of a 24x7 safety helpline in India. | To read full story, visit https://startuparound.com/read/1576825207.6230066/Uber-to-pay-$4.4M-to-end-federal-sex-harassment-probe?ref=audio_experience

Smartphone maker Oppo on Thursday said it will allocate $143 million in 2020 for supporting developers across the globe to boost its operating ecosystem.

At the OPPO Developer Conference (ODC) in Beijing, the company said: "developer support programme Gravity Plan 2.0, for which OPPO will allocate RMB 1 billion (about $143 million) in 2020, will majorly focus on Asian markets including India."

"Oppo understands India as their key market and aims to reach out to the large talent pool of innovators, developers and partners," the company said.

The development comes a day after Chinese telecom gear maker Huawei and its sub-brand Honor approached developers in India to boost its own mobile application suite Huawei Mobile Services on the lines of Google Mobile Service.

The company said that more than 120,000 developers have already joined the OPPO's platform till date. | To read full story, visit https://startuparound.com/read/1576823508.1442828/Oppo-announces-$143-M-fund-to-woo-developers-globally,-including-India?ref=audio_experience

Quantiphi, a US and India-based applied artificial intelligence and big data services company, has raised Series A investment of $20 million from Multiples Alternate Asset Management, an independent, India-focused private equity firm with $1.5 billion under management and a portfolio of 21 companies.

In a statement, the company said Multiples’ investment would fuel growth as Quantiphi builds vertical expertise, strengthens its research and development, and scales its global team to deepen its presence in the North American and European Markets.

Renuka Ramnath, Founder and CEO of Multiples, said,“We are ecstatic to back Quantiphi, who is doing cutting-edge AI work and has some of the world’s largest companies as their clients.

It had previously raised an estimated $3.5 million in angel funding last year.

Quantiphi’s Founders said,“We are elated to partner with Multiples on our journey to transform how businesses solve their toughest and most complex challenges using cutting-edge AI and big data techniques. | To read full story, visit https://startuparound.com/read/1576821605.9288406/[Funding-alert]-Global-AI-solutions-provider-Quantiphi-raises-$20M-from-Multiples-Alternate-Asset-Management?ref=audio_experience

A data scientist wanted to use the Refiner app to analyze insurance plans, which were in the form of PDF documents.

Some of these customizable apps are redactor, classifier, NLP (Natural Language Processing) Search, data extractor, and others.Further, using these apps, businesses can create their own app.

Also, it uses natural language search and sentiment analysis to get more data about a person and aid in the verification process.

He cited the example of an iPhone as he said, “Do you consider camera as competition for the iPhone?

While we haven’t explored the idea of selling in India, the Indian banks and government agencies can be potential customers for Instabase. | To read full story, visit https://startuparound.com/read/1576820550.7497537/Providing-simple-business-solutions,-this-42-people-company-is-a-Unicorn?ref=audio_experience

DreamQuark, a Paris, France-based developer of an AI platform for financial services, secured Euro 14M in funding.

The round was led by Alma Mundi joined by AG2R LA MONDIALE, NewAlpha Asset Management and Keen Venture Partners, and historical shareholder CapHorn.

The company intends to use the funds to further grow with enhanced focus on Europe, develop Brain, its software for deploying AI in production in the financial services at large-scale and increase the number of integrations with leading business solutions.

Led by Nicolas Méric, CEO and Founder, DreamQuark provides a software platform, Brain, which addresses the challenges of putting explainable AI in production at scale, with increased ease to load and process data, deploy, integrate and monitor AI models.

Brain is used at BNP Paribas, GAN Prevoyance and AG2R LA MONDIALE, Royal Bank of Scotland NATWEST, La Vaudoise, among other customers. | To read full story, visit https://startuparound.com/read/1576798211.6354787/DreamQuark-Secures-Euro-14M-in-Funding?ref=audio_experience

Like a timeless venture capital recipe, these factors will surely help the following 10 early-stage technology startups evolve into stardom at MassChallenge’s Facebook Accelerator CDMX 2019.

In this sense, the platform provides a marketplace for authentic and organic Mexican wellness products, such as geranium tea tree moisturizing serums.

This platform provides a spectrum of entertainment while also showcasing individual venues across Mexico City and even Guadalajara.

Also falling under the proptech sector is Perfilan, a digital platform trying to accelerate digital real estate sales in Mexico and across the region.

Specifically, this company provides extended 4G LTE coverage across the country, combining two of the principal networks for better service. | To read full story, visit https://startuparound.com/read/1576796407.8137891/MassChallenge-reveals-technology-startups-in-Facebook-Accelerator-CDMX?ref=audio_experience

Mainstream beer brands have been hit particularly hard by the rise of craft beer over the past decade, while big liquor brands are starting to feel the heat from craft distilleries.

We used the CB Insights database to identify 95+ brands disrupting the holiday drinks menu across 3 main categories, from traditional options taking the craft route to low- and non-alcoholic options.

With the increasingly crowded craft beer space, some brands are betting on sustainability to differentiate themselves.

Alcohol Tech startups Startups are disrupting what and how we drink, with products ranging from cannabis-infused beverages, to hangover cures, to wine subscription services.

Cannabis-infused drinks: With more states legalizing cannabis, the cannabis-infused beverages category is emerging to compete with alcoholic drinks. | To read full story, visit https://startuparound.com/read/1576794606.4979/Disrupting-The-Drinks-Menu:-95+-Beverage-Brands-Taking-On-The-Holidays?ref=audio_experience

Image by Free-Photos from PixabaySome experts assert that domestic violence is tantamount to workplace violence, since it indirectly affects the work environment.

However, making the effort in the workplace to address domestic violence is a win-win both for employees and for companies.

However, when this happens, victims of domestic violence are more likely to share their experiences with a coworker.

Offering SupportFortunately, a recent study has shown that many HR directors are knowledgeable about the threat of domestic violence and its effects on the workplace.

Offering Stability and Reliability to Victims of Domestic ViolenceNeglecting the effects of domestic violence in the workplace could expose your company to considerable financial and legal risks. | To read full story, visit https://startuparound.com/read/1576792807.3995583/Domestic-Violence-and-Its-Effects-on-the-Workplace-–-Productivity?ref=audio_experience