Digital Startups – Weekly News roundup 26th March


Detroit tech startup WaitTime partners with Jordan Avakian Group – A Chicago-based consultant group has partnered with Detroit-based WaitTime LLC, the tech startup announced Tuesday. Jordan Avakian Group, co-founded by Jeffrey Michael Jordan and Sevan Avakian, has acquired private equity in WaitTime for an undisclosed amount. WaitTime uses artificial intelligence technology to provide fans attending sporting and entertainment events with real-time wait times to improve venue efficiencies at restrooms and concessions. The service is provided at Detroit Pistons games at the Palace of Auburn Hills, Indiana Pacers games at Bankers Life Fieldhouse in Indianapolis and various other venues in and outside the United States. Tech Startup Launches Digital Freight Matching at No-Cost to Boost Logistics Productivity -HaulHound, a tech startup seeking to eliminate billions of dollars in inefficiencies in the logistics industry, is proud to launch an innovative suite of features to its free online platform and mobile app for truck drivers and shippers. The new features, including instantaneous digital freight matching, come after extensive user testing and feedback and will be unveiled at the Mid-America Trucking Show in Louisville, KY on March 23-25. 30% of trucks on the road are empty at any given time because they are unable to find a shipper with appropriate freight, a costly number for the logistics industry and consumers alike. With conventional load-listing services, truckers typically wait up to 24 hours or more to receive a response from shippers. These hours waiting are a total loss for all parties and many times force drivers to hit the road empty.

12 edtech startups teaching South Africans – Digital All Stars is a series of articles which aims to celebrate the best of South African digital. The articles, which will appear on Memeburn and Ventureburn, recognise and celebrate South Africa’s best digital entrepreneurs, business people, advertisers, and media professionals among others. The All Stars listed in the articles are compiled using a combination of our editorial team’s own knowledge, that of experts in the fields covered by each article, as well as public vote.

Why I Traveled to 47 Countries While Building a Startup –This “digital nomad” is more productive than ever and spending less money than he did at home — and having a blast.

A health system bets big on Miami’s future in health-tech – Daniel Silberman runs Miami-based startup Mediconecta, the largest telemedicine provider in Latin America. It is also eying the U.S. Hispanic marketplace. Juan Pablo Segura founded Babyscripts to provide a new way of managing pregnancy care to detect problems faster and to help the doctors do their jobs better. Dr. Narendra Kini at PEDS2040 conference. Miami Children’s Health System David Heenan’s Aces Health has created a technology platform that automates many aspects of clinical trials. The goals: Save time and money, and create better outcomes.

Ashton Kutcher, Kevin Durant help San Francisco startup raise $30M – Zenreach, a startup that aims to level the marketing and analytics playing field between small retailers and their bigger competitors, got more star investors in a new $30 million funding round. The San Francisco business led by CEO Jack Abraham said actor Ashton Kutcher and San Francisco Warriors star Kevin Durant had invested in the Series C round. Also investing in the round is Founders Fund — whose founding partner Peter Thiel joined the company’s board last year — along with Maverick Ventures, 8 VC, Bain Capital Ventures, First Round Capital and SV Angel.

India, A Top Destination For Digital GICs: Zinnov – India has now become the top R&D outsourcing destination, with 60% of new MNCs establishing their Global In-house Centres (GIC) in India in the last decade, says the recent GIC Landscape study conducted by Zinnov, a leading management consulting firm. The study titled, ‘India GIC Landscape Study 2016′, shows that GICs in India today represent a USD 23.1 Billion industry and are engaging with startups to strengthen the ecosystem. Moving away from just ‘participation’ to ‘ownership’, the study outlines the GIC India story which has been evolutionary, with the centers now becoming Value Providers & Innovation Hubs, driving global initiatives, providing meaningful cost savings with continuous productivity improvements, enabling digital transformation and converging into Centres of Excellence.

You may also be interested in prior week’s news roundup (link)

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