My Startup World Staff

AI startup SenseTime raises $600m

China based AI startup, SenseTime today announced that it has successfully raised US$600 million in its Series C round of funding by an investment group lead by Alibaba Group other participants such as Temasek and Suning.

6 Steps in Taking Over an Existing Business

For many business owners, especially entrepreneurs, an exit strategy is often a medium-to-long term goal in place from inception of the business. However, the tendency to focus on day-to-day operations can mean critical elements of maximising exit value are overlooked. Nathan Banks, Managing Partner at Banks Legal, a UAE-based law firm operating in the region since 2009, explains some key consider...

Pawame got powered up by $2 million

Off-grid solar start-up, Pawame (pronounced “power me”) got charged up by $2 million as the company was able to raise funds from Gulf-based investors to expand its operations in Kenya and other African countries. The startup has been seeking to reach remote areas of the continent with solar energy after having already connected 20,000 people. Now with money in its coffers, the firm aims to electri...

Growing Need of Cybersecurity in the Startup Economy

Sunil Gupta, the president and chief operating officer for Paladion explains that management of cybersecurity is a complex issue that demands immediate attention from startups Over 3 billion people in the world use the Internet almost every day, sharing information such as financial details, account numbers, password, credit card information, and any personal data over the digital medium. This mea...

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