$300 Archive

Coolpad Receives $300 Million in Funding, Looks to Strengthen Position in India

After bidding goodbye to its financially-troubled Chinese partner LeEco, smartphone maker Coolpad on Thursday announced it has received a fresh investment of $300 million (roughly Rs. 1,900 crores). With this fresh funding from Power Sun Ventures, a family trust, the Shenzhen-based Coolpad plans to expand its capabilities in Artificial Intelligence (AI),

Essential Raises $300 Million From Amazon, Others; Will Announce Smartphone Release Date Next Week

Essential Products, the smartphone startup founded by a co-creator of the Android mobile operating system, has raised $300 million (roughly Rs. 1,921 crores) in new funding and signed up retailers to sell its first device, it said on Wednesday. The $699 phone, with a titanium and ceramic