Innovation in Food and Agriculture Fund managed by Sathguru Catalyser Advisors invested about $4 million in early-stage life sciences company, Telluris Biotech India.

Venu Polineni, Founder, Telluris Biotech India, said,“We are excited to propel our growth to markets with investment from Innovation in Food and Agriculture Fund.

For reducing crop losses, Telluris Biotech India has developed integrated pest management strategies with products majorly targeting the root-knot nematode, Meloidogyne incognita.

Innovation in Food and Agriculture Fund is an India focussed investment fund sponsored by Sathguru Management Consultants.

The fund invests in innovation-driven growth ventures that have the potentials to transform the farm produce and market-ready food products. | To read full story, visit https://startuparound.com/read/1574418606.809942/[Funding-alert]-Sathguru-Catalyser-Advisors-to-invest-$4-M-in-Telluris-Biotech-India?ref=audio_experience

Atomico’s latest report on the European tech scene found that there are now 99 unicorns on the continent and there has been a surge in purpose-driven businesses.

Ireland is ranked in eighth place when it comes to the countries with the highest number of purpose-driven European tech companies.

The report said: “Looking on a relative basis, it’s clear that some countries are much more overweight towards purpose-driven tech companies when benchmarked against their overall share of all European tech companies.

“Sweden, for example, is home to nearly 10pc of purpose-driven tech companies, but accounts for only 4.3pc of all European tech companies.”Overall, Dublin is home to 2.8pc of Europe’s tech start-ups, but the city also hosts 1.5pc of the continent’s purpose-driven tech companies.

In the fintech space alone, European companies have raised $25bn since 2015, and it is area that has continually risen since 2015. | To read full story, visit https://startuparound.com/read/1574416808.110503/How-Ireland-fared-in-Atomico’s-latest-report-on-European-start-ups?ref=audio_experience

When you’re in the market for a new credit card, figuring out what card is right for you can quickly become challenging.

But a new fintech company has entered the Canadian market, simplifying the choice for consumers – Brim Financial.

Brim has created a hyper-personalized credit card that offers every user the card they’ve been looking for.

Why not give customers everything they want in one credit card rather than forcing them to cherry-pick rewards?

The card allows credit card users to earn unlimited, unrestricted rewards that can be redeemed anywhere that MasterCard is accepted. | To read full story, visit https://startuparound.com/read/1574415006.085162/Customer-Centric-Credit-Is-Changing-The-Fintech-Landscape-In-Canada?ref=audio_experience

If we don’t have a pickup truck we can’t solve it.

To solve sustainable energy, we have to have a pickup truck,” he said.

The Trump administration is moving to roll back those standards, but electric trucks are a hedge if California prevails.

Demand for full-size electric pickup trucks in the near term may not be huge, however.

The Tesla truck is not part of that estimate. | To read full story, visit https://startuparound.com/read/1574413205.8838675/Tesla-unveils-electric-pickup-truck-with-angular-design-and-armored-glass?ref=audio_experience

Automation Anywhere, a provider of robotic process automation, on Friday said it had raised $290 million (Rs 2,080 crore) in funding, led by Salesforce Ventures.

"The new capital will help Automation Anywhere accelerate its vision to empower customers to automate end-to-end business processes, bridging the gap between the front and back offices with an artificial intelligence-powered intelligent automation platform," it added.

In addition, the funding will advance the company's focus on improving human-to-bot collaboration through attended automation, it said.

Robotic process automation (RPA) technology refers to the use of software robots (bots) to automate business processes that are currently managed manually by human workers.

This new funding reinforces the promise of the RPA category and empowers our customers to achieve greater business agility and increased efficiencies by automating end-to-end business processes," he added. | To read full story, visit https://startuparound.com/read/1574411405.5005717/[Funding-alert]-Automation-Anywhere-raises-$290M-led-by-Salesforce-Ventures?ref=audio_experience

The Tesla CEO unveiled the company’s Cybertruck, an electric passenger vehicle, at the Tesla Design Studio, next to SpaceX headquarters in Los Angeles on Friday.

Elon took a moment and tweeted saying, “Tesla Cybertruck (pressurised edition) will be the official truck of Mars”.

The electric truck comes in three variants - self-driving, autopark, and trailer docking; the base variant price starts at $39,900.

The Cybertruck designThe electric truck has a six-seater capacity, and has the same dimensions as other pickup trucks in the US.

“The user can adjust the suspension accordingly depending on the weight on the truck,” Elon said. | To read full story, visit https://startuparound.com/read/1574409604.6775146/Tesla-CEO-Elon-Musk-unveils-Cybertruck,-says-pressurised-version-will-be-the-official-Mars-truck?ref=audio_experience

If your answer to any of these questions is ‘yes’, then the Visa Everywhere Initiative (VEI) is the perfect platform for you to showcase these disruptive solutions for real fintech challenges.

The programme now aims to foster a culture of innovation with the Indian fintech community by inviting fintech startups to provide innovative solutions for real-world challenges in the fintech industry.

In addition to this, the winner of the Visa Everywhere Initiative will win an additional Rs.

Application timeline for VEI India 2020The programme in India combines four stages of events – Outreach, Mentorship, Pitch Days and Finale.

They will be invited for the grand finale of the Visa Everywhere Initiative to be held in the first week of March 2020 in Mumbai. | To read full story, visit https://startuparound.com/read/1574407805.8768861/With-the-Visa-Everywhere-Initiative-(VEI),-Indian-fintech-companies-can-win-up-to-Rs-35,00,000-and-shape-the-future-of-commerce?ref=audio_experience

This move comes with the Japanese giant’s aim to tap the booming content market in the South Asian nations and is currently carrying out due diligence before making an offer, stated the report.

This includes making a bid for the stake or a merger of its Indian business with Network18’s entertainment channels.

Sony is also a rising player in the OTT market with SonyLIV, which is focussing on non-conventional sports content in the Indian market.

Amidst this increasing competition, this move of Sony is seen as an attempt to capture the Indian market.

According to an ASSOCHAM-PwC joint study, the Indian OTT market will be amongst the top 10 markets globally by 2020, with an overall size standing at $823 Mn. | To read full story, visit https://startuparound.com/read/1574404205.7324119/Sony-Might-Acquire-Stake-In-Mukesh-Network18?ref=audio_experience

Pixxel founders Awais Ahmed and Kshitij KhandelwalWhat are the odds that two 20-year-olds would set up a space tech company from India?

“Pixxel is manufacturing and monitoring nano-satellites that are not more than the size of a shoe-box (weight close to 16kg).

This will bring down the cost to only 1/5th or sometimes even 1/10th of that of existing players in the industry.

Eventually they met in BITS Pilani, became friends and were also part of a team called ‘Hyperloop India’.

The technology developed by them will be used to map out resources on the moon, Mars and the asteroid belt. | To read full story, visit https://startuparound.com/read/1574402406.0237486/These-22-year-old-space-tech-enthusiasts-have-their-eyes-on-the-moon?ref=audio_experience

It may be counterintuitive, but it is best not to be the smartest person in the room.

Many people say that if a business leader believes they are the smartest person in the room, they should find a different room.

Philippe Warnery, a beauty industry expert from London, explains the reasons why business leaders should not be the smartest person in the room.

When you have a highly intelligent person on your staff, be sure to give them enough space to be creative.

Don’t Be the Smartest Person in the RoomPhilippe Warnery encourages all business leaders to search for the best minds in their field. | To read full story, visit https://startuparound.com/read/1574400605.3408706/The-Startup-Magazine-Philippe-Warnery-Explains-Why-You-Should-Never-Be-the-Smartest-Person-in-the-Room?ref=audio_experience