Amazon One lets customers use their palm to make payments at select stores

The Seattle-based company says the service is highly secure, and uses algorithms and hardware to create a person’s unique palm signature. (Subscribe to our Today’s Cache newsletter for a quick snapshot of top 5 tech stories. Click here to subscribe for free.) Amazon has introduced a new biometric system that will allow people to use … Read more

We asked 13 founders who raised nearly $200 million during COVID-19 for their tips on wooing investors in a crisis

Remote fundraising has become common for startups as the coronavirus pandemic continues to restrict the ability to travel and take meetings in person. Usually, founders and executives pitch prospective investors for funding at swanky city offices before an investment committee makes a decision. Subsequently, there is a lengthy due diligence process, technical and market questions, … Read more

Byju’s onboards new investors, valuation now at $11.1 bn

Online education startup Byju’s on Tuesday said BlackRock, Sands Capital and Alkeon Capital have joined as new investors, as part of the ongoing $500-million fundraising round. Earlier this month, Byju’s raised funds from a group of investors, including private equity firm Silver Lake Partners along with existing investors General Atlantic, Owl Ventures and Tiger Global … Read more

Lightspeed Venture Partners forays into Southeast Asian markets

Choosing Singapore as its regional headquarter for the market, this news comes just months after the venture capital firm announced raising over $4 billion across four different global funds to support early and growth stage startups. Lightspeed said that it is deploying capital in the Southeast Asian market, from these global funds. In India, Lightspeed … Read more

Alibaba puts fresh investment plans in India on hold

China’s tech giant Alibaba Group is unlikely to sign fresh deals in Indian companies in the coming months amid higher scrutiny on Chinese investments amid tension between the two nations, said a person familiar with the development. Alibaba is among other Chinese investors who have pulled the brakes on new investments in Indian startups after … Read more

US stocks will continue to outperform their global peers, but don’t expect a sustained value comeback, JPMorgan says

In a note published on Sunday, JPMorgan reiterated its view that growth stocks, led by technology, will continue to outperform their value peers. The continued outperformance of growth stocks relative to value stocks has been consistent with US stocks outperforming international stocks, JPMorgan said.   Growth stocks are poised to continue outperforming value stocks, as … Read more