Connect with us

Latest News

Father Of Latest Android Phone, Essential Has Already Raised $300 Million.

Published

on

android, andy rubin, essential, google, sam shead, andy rubin about essential phone, father of android, essential smartphone, essential phone, startupstories, startup stories india, startup stories, andy rubin raises $300M for his palo alto smartphone startup, father of android raises $300M for his latest essential smartphone

The creator of one of the leading operating systems in the smartphone market, Andy Rubin has reportedly raised $300 million for his latest venture the Essential Phone. Launched only on 30th May this year, this Series B financing round valued the phone maker at $900 million to $1 billion according to Equidate, a firm that offers up valuations of private startups.

Also Read: FATHER OF ANDROID ANDY RUBIN SET TO RELEASE ESSENTIAL SMARTPHONE

Reportedly, Andy Rubin is looking to use this financing to break further into the consumer electronics segment. While the paperwork on the investment was filed late last month regarding the new investments, Bloomberg reported that the financial backers were not disclosed. Japan-based SoftBank initially had plans to invest $100 million in Essential but later decided to walk away because of its existing relationship with Apple.

This was the second major funding round for Essential Phone, the first being a $30 million raise last year by Redpoint Ventures and Andy Rubin’s own firm Playground Global. The first round also saw participation from Altimeter Capital, China-based Tencent Holdings, and Foxconn Technology group.

Rubin has also unveiled plans for two future products a high-end smartphone and a home speaker. The smartphone and speaker are likely to compete against Amazon’s Echo, Google Home and the newly revealed HomePod by Apple.

Essential PH-1 smartphone will cost $ 749 with the 360-degree camera, 128 GB of internal storage, 4 GB RAM and a Qualcomm Snapdragon 835 processor packed in a hefty 5.7-inch screen.

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest News

From Space to Earth: Sunita Williams’ Inspiring Journey and Homecoming Celebration

Published

on

StartupStories - Sunita

Sunita Williams, the celebrated Indian-American astronaut, recently returned to Earth after an extended nine-month mission aboard the International Space Station (ISS). Initially scheduled for just eight days, her mission was prolonged due to technical issues with the Boeing Starliner spacecraft, which rendered it unsafe for their return.

On March 19, 2025, Williams and fellow astronaut Butch Wilmore safely splashed down off the Florida coast. 

 

Their homecoming was celebrated in Jhulasan village, Gujarat, where special prayers and rituals were held to honor her safe return. Family members expressed their joy and gratitude, emphasizing her strong ties to her ancestral home.

Upon her return, Williams received accolades from Indian officials, including a letter from Prime Minister Narendra Modi, who expressed pride in her achievements and resilience. He highlighted the inspiration she provides to future generations of scientists.

 

While her return marks a moment of celebration, it also signals the start of new challenges. After spending 286 days in space, Williams will undergo a 45-day rehabilitation period to readjust to life on Earth and regain physical strength.

Sunita Williams’ journey serves as an inspiration not only for India but for aspiring scientists worldwide, showcasing the significant contributions of Indian-origin individuals in global space exploration.

Continue Reading

Latest News

Unilever Introduces Innovative Color-Changing ‘Smart Label’ for Dove

Published

on

Unilever Introduces Innovative Color-Changing 'Smart Label' for Dove

Unilever has launched a new innovation in personal care with the introduction of a color-changing “smart label” for its Dove Shower Sensor Deep Moisture Body Wash. This limited-edition product, available exclusively in Canada, integrates advanced packaging technology to promote healthier skin habits.

How It Works

The smart label activates when exposed to water temperatures above 41°C, displaying a “VERY HOT” warning. This feature encourages users to lower their shower temperature, helping to preserve the skin’s natural moisture—especially crucial during Canada’s cold winter months1.

A Step Towards Smarter Personal Care

This innovation reflects Unilever’s dedication to combining technology with personal care. Divya Singh, head of personal care at Unilever Canada, highlighted the product’s role in fostering better skin health through intuitive reminders. Singh stated that the sensor supports hydration and empowers consumers to maintain healthier habits confidently1.

Broader Implications

The smart label is part of a larger trend in packaging innovation, offering functionality beyond traditional use. Such advancements not only enhance user experience but also align with Unilever’s commitment to sustainability and digital transformation13.

This launch underscores Unilever’s focus on enhancing everyday products with technology while promoting skin health and environmental consciousness.

Continue Reading

Latest News

Quick Commerce Set to Boost HUL’s Revenue

Published

on

StartupStories

Unilever’s CEO, Fernando Fernandez, is optimistic about quick commerce’s growth in India, predicting it will significantly boost Hindustan Unilever Ltd’s (HUL) revenue. Currently, quick commerce accounts for about 2% of HUL’s revenue, but Fernandez expects this to rise to 10-15% within the next three to four years.

Why Quick Commerce?

India’s unique demographic, with affluent and economically active households living in close proximity, makes quick commerce a logical and profitable channel. The margin mix in quick commerce is also favorable for improving profitability12.

Market Trends

Quick commerce is rapidly expanding in India, with its contribution to ecommerce sales doubling annually. Major players like Blinkit, Swiggy Instamart, and Zepto are driving this growth, driven by consumer preference for convenience over discounts13.

Future Outlook

Fernandez’s strategy aligns with Unilever’s goal to transform its business and meet evolving consumer preferences. Leveraging quick commerce will be key to enhancing HUL’s revenue in India, a crucial market for Unilever

Continue Reading
Advertisement

Recent Posts

Advertisement