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Flipkart To Launch Its Own Smartphone – Capture+

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Flipkart To Launch Its Own Smartphone Capture+,Startup Stories,Business News Updates 2017,Technology Latest News and Updates,Flipkart Capture+ Smartphone,Smartphone Capture+ Release Date,Flipkart Billion Capture+ on November 15,Flipkart Billion Capture Plus Smartphone,Flipkart Capture+ Mobile Price and Specifications,Capture+ Phone Features

Flipkart, India’s largest ecommerce platform, is all set to launch its own smartphone Capture+ in November this year. The phone will be produced under its ‘Made For India’ private label arm ‘Billion,’ headed by Group Chairman, Sachin Bansal.

Priced at Rs. 10,999 for the 32 GB model and at Rs. 12,999 for the 64 GB model, the smartphone will be available on the ecommerce platform from 15 November, 2017. According to the Billion Category Head Hrishikesh Thite, the phone has been designed, engineered, manufactured and tested in India.

Capture+ will pack a dual camera with super night mode for capturing pictures in low light and Bokeh effect. Along with a 13 megapixel dual rear camera with dual tone flash and an 8 megapixel front camera, the phone will also support turbocharging with a 3,500mAh battery.  Powered by a Qualcomm SD625 octa core processor with a 4GB RAM, Capture+ will run on stock Android Nougat and will come with unlimited cloud storage and a full HD display. Designed and manufactured by Smartron, Flipkart has tied up with close to 130 service centers across 125 cities across India for its launch. 

Speaking about the new smartphone, Flipkart co founder and Executive Chairman, Sachin Bansal said, “Billion aims to make high quality everyday products accessible to all Indians who are today limited by choice and budget when it comes to world class quality. By making these products in India, we will create an impact on both the manufacturing ecosystem in the country and the skills of young workers. Doing this in the fast growing, high tech segments like smartphones will magnify this impact on the nation.” Bansal further added, more products across categories such as large appliances will also be launched under the Billion brand over the coming months.

Flipkart is the exclusive launch partner of smartphone brands such as Xiaomi, Samsung, Vivo and Oppo. According to the research firm RedSeer Consulting, India is the second largest market for smartphones across the world and Flipkart owns 70% market share of the online smartphones market in India. Currently, the overall smartphone sale accounts for more than 50% of all the ecommerce sale in India.

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Deep-Tech Startup EndureAir Raises INR 25 Crore from IAN Alpha Fund to Boost Drone Innovation

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EndureAir, a deep-tech drone startup specializing in UAV (Unmanned Aerial Vehicles) and aerial robotics solutions, has successfully raised INR 25 crore in a funding round led by IAN Alpha Fund, with participation from IAN Angel Fund. The fresh capital infusion will enable EndureAir to enhance its advanced drone technologies for defense applications, broaden its reach in enterprise markets, and accelerate the development of next-generation high-altitude logistics and aerial robotics platforms.

Founded in 2018 by Dr. Abhishek, a professor of Aerospace Engineering at IIT Kanpur, along with his former students Rama Krishna and Chirag Jain, EndureAir stands out in India’s indigenous UAV sector by developing both hardware and software in-house. Backed by over 15 years of rotorcraft research and holding eight patents in flight dynamics and autonomous systems, the company has rapidly established itself as a pioneer in the deep-tech drone ecosystem.

EndureAir’s flagship drone platforms, including the Sabal heavy-lift UAV family inducted by the Indian Army’s Eastern Command and the Vibhram drone supporting Telangana’s Medicine from the Sky program, are deployed in critical operations. The startup also collaborates with Bharat Electronics Limited for co-developing high-altitude drones and works with Bhutan’s Druk Holding & Investments on remote logistics missions. With this funding, EndureAir aims to position India as a global leader in UAV innovation, advancing resilient domestic drone systems for defense and enterprise applications.

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Venture Catalysts Raises Rs 150 Crore to Boost Multi-Stage VC Platform and AI Capabilities

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Venture Catalysts, a leading Mumbai-based venture capital platform, has secured Rs 150 crore (around $18 million) through a strategic mix of primary and secondary transactions. This fresh round of funding resulted in a company valuation of approximately $200 million and drew participation from high-profile investors such as Ashish Kacholia, the Shah Rukh Khan family office, Aishwarya Rai, as well as several established capital market veterans and renowned business houses. The move not only demonstrates strong investor confidence but also positions Venture Catalysts at the forefront of India’s rapidly evolving startup landscape.

The infusion of capital is earmarked to accelerate key initiatives, including expanding Venture Catalysts’ leadership team, launching new investment funds, and exploring advanced technology solutions with an emphasis on AI-enabled due diligence and reporting tools. Additionally, the firm aims to strengthen its footprint across major Indian startup hubs and grow its suite of Category II alternative investment funds, harnessing this growth to support a new wave of promising startups and founders within the ecosystem.

Since its inception in 2016, Venture Catalysts has evolved from an angel network to a multi-fund powerhouse, managing over $500 million in assets and deploying nearly $200 million across more than 400 startups, including industry leaders like BharatPe, Renee Cosmetics, and InsuranceDekho. This latest funding round reinforces Venture Catalysts’ pivotal role in nurturing and scaling some of India’s most innovative startups, catalyzing growth throughout the country’s thriving entrepreneurial sector.

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U.S. AI Startup Anthropic Expands Global Ban to Tackle Chinese Tech Influence

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U.S. AI leader Anthropic has expanded its restrictions on Chinese entities, taking a firm stance against access to its advanced AI models—including the renowned Claude chatbot—by any company or subsidiary more than 50% owned, directly or indirectly, by Chinese organizations. This updated AI policy is designed to block loopholes that previously allowed access to powerful AI tools via overseas affiliates, joint ventures, or cloud providers, reinforcing Anthropic’s commitment to responsible technology governance and the protection of sensitive data.

Driven by rising national security and regulatory concerns, Anthropic’s move highlights potential risks involving companies subject to Chinese jurisdiction, which could be compelled to cooperate with state intelligence and share critical information. The sweeping policy marks the first public, formal ban by a major U.S. AI company based on entity ownership and control, rather than only geographic boundaries, ultimately intensifying scrutiny on AI exports and global tech supply chains.

While the immediate business impact is expected to be modest, experts consider this a landmark decision that may set industry-wide precedents, prompting other U.S. tech giants to reevaluate their own AI export and usage policies. This development not only heightens the U.S.–China tech rivalry but also shapes the future landscape of AI governance, data security, and international compliance in a rapidly evolving digital world.

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