ShapeShift a cryptocurrency exchange platform that converts between blockchain-based tokens, has raised $10.4 million in a series A round led by Earlybird Venture Capital, with participation from Lakestar, FundersClub, Blockchain Capital, Pantera Capital, and Access Venture Partners. Founded out of Switzerland in 2014, ShapeShift is a simple concept — it allows any person or non-person (such as a trading bot)…
The showstopper on the power-packed inaugural evening of The Economic Times Global Business Summit was a mystic who's popular for his pragmatic views on modern-day problems. An entire hall of corporate honchos listened in rapt attention as Sadhguru Jaggi Vasudev doled out advice on the role corporates must take on. In his 30 -minute address, Sadhguru called on business leaders…
Economists are betting that India has seen the back of the impact of its unprecedented cash ban, prompting foreigners to pour in investment that’s crucial to help bridge a widening current account deficit. Deutsche Bank AG estimates that foreign direct investment touched $37.4 billion April-January, on track to exceed the previous fiscal year’s about $45 billion, with signs of recovery…
For over a decade, the information technology sector has been the largest contributor in white collar jobs in the country. But that's all set to change. With a sluggish global economy and the looming threat of automation, the pace of job creation is already beginning to slow down in India’s $143 billion information technology that employs around 37 lakh people.…
With the recent elections and the declaration of the new government for various areas, people have this question in mind- What does this particular government hold in its first for the youngsters of the nation? We have these brilliant brains out here who just need the right thrust and the right push to be aligned in the position where india…
It has been a constant effort of Eustan Ventures to enlighten young entrepreneurs. We will talk of something related to terms- value creation and valuation. No doubt, today’s business tycoons have started presenting and perceiving both these terms as one. But they are not the same. There are different meanings and comprehension associated with these words. Today some entrepreneurs have…
Foreign investors are excited about India as structural reforms and investments are giving overall growth a leg-up, Union Minister Jayant Sinha said on Monday. Emphasising that demonetisation has led to a “dramatic improvement” in the country’s economic landscape, he said the move has helped in strengthening banks as well as improving the overall economy. “Foreign investors are seeing that cash…
Blockchain IoT startup Filament has raised nearly $9.5m in new funding, according to a filing submitted to the SEC late last year. The documents indicate that the Nevada-based company has raised $9,477,226 so far – a move that comes less than two years after finalizing a $5m Series A round with backing from groups like Bullpen Capital, Verizon Ventures and…
The entrepreneurs face an extreme money situation while launching a startup. Where can we save money and where can we avoid spending it, these are major mind boggling questions for a startup. Well, people reading this and going through this very situation can very well relate to this. All a growing startup needs is a cheap and efficient aid that…