Bibit 65m Capital In Dubai Tech Crunch Bibit 65m Capital, the venture capital arm of Dubai-based technology firm Bibit, has announced a new seed funding round of $3 million (Dh11.5 million) in addition to its previous investment of $6 million. The latest round was led by Harendra Singh, co-founder and managing director of South Asia-based private equity firm Sambaaaj Ventures, and will be used for product development, expansion and acquisitions in the digital media and artificial intelligence sectors. The investment is also backed by venture capital firms Benchmark and Data Collective. Bibit 65m Capital was launched in January 2016 with an aim to invest in early-stage technology companies across four sectors: digital media, artificial intelligence, enterprise software, and Fintech.
Bibit 65m Capital Indiashutechcrunch
Bibit Capital is one of the latest venture funds to enter the Indian startup ecosystem. Started by Sanjay Jain, Bibit Capital is a venture capital firm focussing on investments in early-stage companies operating in India.
Jain has a strong track record of investing in technology startups across various verticals including gaming, the internet of things (IoT), artificial intelligence (AI), and big data. He also has significant experience working with companies such as Apple, Microsoft, and Amazon.
Bibit Capital’s investment focus will be on digital products and services, which make up the fastest-growing segment of the Indian economy. Jain believes that there is tremendous potential for growth in this sector, and he is excited to invest in some of India’s leading companies.
The fund has announced its first few investments including One97 Communications Limited (OSL), an Amitabh Bachchan-backed eCommerce company; Paytm Mall Limited (PYPL), India’s largest online b2b marketplace; and InMobi Solutions Pvt Ltd., an AI-enabled marketing solutions provider.
What is Bibit 65m?
Bibit 65m is a wireless Bluetooth speaker that comes with a sleeve case. It has a dimension of 4.5″L x 2.8″W x 0.9″H and weighs only 1.2 ounces. The speaker supports Bluetooth 4.2, NFC, and A2DP/AVRCP profiles for wirelessly streaming music from your phone or tablet to the speaker without any cables. It also has an auxiliary input for connecting other audio sources like an MP3 player or laptop, so you can enjoy multimedia content hands-free without taking the entire device with you wherever you go.
The Bibit 65m is available in black and silver color options and starts at just $39.99 on Amazon.
How Bibit 65m works
Bibit 65m is the world’s most advanced mHealth watch which tracks heart rate, steps taken, and sleep. It also has a built-in weight tracker and a stopwatch to help keep you on track during your workouts or activity sessions.
Bibit 65m connects wirelessly to your smartphone (iOS or Android) for real-time tracking of your health data. You can view your stats on the watch’s display or via the Bibit app on your smartphone.
The Bibit 65m comes with an in-built pedometer that records how many steps you have taken and how much distance you have walked. This data can be synced with your personal account on the Bibit app to give you an overview of your overall fitness regime.
Sleep stats are automatically gathered by the watch using its built-in sensors and relayed to the Bibit app. This information can be used to help improve sleep quality, figure out when you are most likely to suffer from sleep deprivation, and identify any patterns in your sleep habits.
Why Bibit 65m is a valuable investment
Bibit 65m is a valuable investment as it offers Cloud-based tracking and asset management, which is impossible with traditional methods. Bibit 65m also provides real-time alerts to stakeholders in case of theft or loss, making it an efficient and reliable security solution.
The Bibit 65M Capital IndieShutechCrunch is a great option if you’re looking for a durable, stylish pair of shoes that will also provide good arch support. The shoes are also made from materials that are environmentally friendly, so you can feel good about what you’re buying and how your money is being spent.