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Father Of Android Andy Rubin Set To Release Essential Smartphone

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Computer programmer, engineer, entrepreneur, and venture capitalist Andy Rubin, is all set to launch his latest project the Essential Smartphone.

Scheduled to be launched on May 30th, 2017 this is the most anticipated Android device and is expected to compete against the likes of Apple iPhone 8, Google Pixel and the Samsung Galaxy S8.

News about the Essential Phone was first leaked in January and back in March Rubin revealed that he was indeed working on a phone. In his tweet, he even unveiled a bit of the phone which looked to have a virtually borderless display. 

 

On May 25th, Essential created its official Twitter account and promised a big reveal on 30th May. They even posted a picture with the silhouette of the device which seemed to have some sort of an add-on accessory. Experts debate this add-on may be used to take 360-degree photos or for VR/AR.
Rumors are also going around that the phone may have a 5.5-inch display and feature a powerful processor along with 4 GB of RAM and 16 GB native storage.

 

Andy Rubin was the Senior Vice President of mobile and digital content at Google before he quit in 2014. He then launched Playground Global, an incubator for hardware startups.

Whether this new smartphone that resembles Xiomi MI Mix will create a dent in the market is yet to be seen!

Keep watching this space for more information.

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Dunzo Gets Breather as NCLT Rejects Insolvency Petition from Invoice Discounters

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Dunzo

The National Company Law Tribunal (NCLT) Bengaluru bench has dismissed an insolvency plea filed against quick commerce startup Dunzo by its invoice discounters, declaring the petition “not maintainable” after several postponements. This decision offers temporary relief to Dunzo, which has been facing multiple insolvency petitions from various creditors, including Velvin Packaging Solutions and Betterplace Safety Solutions, over unpaid dues.

The invoice discounters alleged that Dunzo had paid only 50% of the required amounts, though the exact sum was not disclosed. Despite ongoing settlement talks, no resolution was reached, and the tribunal noted Dunzo’s delays in responding to creditor petitions. Dunzo continues to grapple with severe liquidity issues, delayed payments, and significant losses—reporting a ₹1,801.8 crore loss in FY23 and owing approximately ₹11.4 crore to major vendors like Google India and Facebook India.

While this NCLT ruling provides Dunzo some breathing room, the company still faces ongoing financial and operational challenges as it works to resolve its outstanding liabilities.

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How a Golden Retriever Became the Heart and Soul of a Hyderabad Startup’s Workplace

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Golden Retriever in workplace

Hyderabad-based startup Harvesting Robotics has won hearts online by appointing a golden retriever named Denver as its Chief Happiness Officer (CHO). Denver, introduced by co-founder Rahul Arepaka in a viral LinkedIn post, has quickly become the star of the office, spreading joy and boosting morale among employees. The company is now officially pet-friendly, a move Arepaka calls their “best decision.”

Denver’s new role has sparked widespread attention, with thousands liking and commenting on the announcement. Many see Denver’s presence as more than just a cute story—it highlights a growing trend of pet-friendly workplaces that prioritize employee well-being and happiness. As companies increasingly focus on holistic wellness, Denver’s appointment shows that sometimes, a wagging tail is the best way to brighten the workday.

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Info Edge Shareholders Approve ₹1,000 Crore Investment in New Venture Fund

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Info Edge

Info Edge (India) Ltd shareholders have overwhelmingly approved an investment of up to ₹1,000 crore in the company’s third venture capital fund, Info Edge Ventures Fund III. The proposal received near-unanimous backing, with 99.9995% of valid votes in favor out of 1,274 participants.

Smartweb Internet Services Ltd, a wholly owned Info Edge subsidiary, will act as sponsor and investment manager for the new fund. This move strengthens Info Edge’s commitment to backing early-stage startups and expanding its footprint in India’s venture capital landscape.

Info Edge has a strong track record as an early investor in leading Indian startups like Zomato and PB Fintech, with combined holdings in these firms valued at ₹31,500 crore ($3.7 billion) as of March 31, 2025.

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