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RPA Startup Automation Anywhere Gets $300 Million From SoftBank Vision Fund

Automation Anywhere, a Robotic Process Automation startup, announced that they have raised $300 million from the SoftBank Vision Fund. The funding is subject to regulatory approvals and satisfaction of other customary closing conditions and is an expansion to the company’s…

India’s Friendly Robot Mitra Not Only Greets VIPs On The Stage, But Also Parties Like A Rockstar

Mitra, an indigenous robot developed by Bengaluru-based start-up, walked up to welcome Indian Prime Minister Narendra Modi and Ivanka Trump, First Daughter and advisor to the President of the United States Donald Trump, at the Global Entrepreneurship Summit (GES) opening…

Ola Raises $1.1B In Funding; To Make Investments In AI and ML

Ola, Uber’s biggest rival in India, has raised $1.1 billion from China’s Tencent Holdings Ltd and existing investor SoftBank Group Corp. of Japan. The Bengaluru-based ride-hailing company, which has raised around $4 billion since its founding in 2010, is also…

Softbank’s Pepper The Robot Priest To Perform Buddhist Funeral Rites

SoftBank’s Pepper, a humanoid robot, will chant sutras in a computerised voice while tapping a drum, providing a cheaper alternative to a human Buddhist priest for funerals. The robot was on display on Wednesday at a funeral industry fair, the…

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