Top VC deals: Chinese AI robots land $150 million; a high school esports league picks up a major league backer

Top VC deals: Chinese AI robots land $150 million; a high school esports league picks up a major league backer

Autodesk Autodesk president and CEO Andrew Anagnost. Autodesk this week agreed to buy construction software company PlanGrid for $875 million. The San Francisco-based start-up previously raised $69 million in funding from investors including YCombinator, Sequoia Capital and Tenaya Capital. PlanGrid enables real-time construction tracking for contractors and and architects. Autodesk “makes software for people who make things.” Start-ups Beijing-based robotics company Geek+ completed a $150 million Series B round from backers including Warburg Pincus, Volcanics Venture and Vertex Ventures. The company develops artificial intelligence and robotics technology for supply chain…

Read More

BBAU VC and registrar summoned by Scheduled Caste Commission for irregularity in hiring

BBAU VC and registrar summoned by Scheduled Caste Commission for irregularity in hiring

Lucknow: The National Commission for Scheduled Castes (NCSC) has summoned Babasaheb Bhimrao Ambedkar University vice chancellor RC Sobti and registrar Sunita Chandra on Thursday to explain allegations of irregular recruitments in the university and ‘unfair’ treatment of students, teachers and employees belonging to the Scheduled Caste (SC) category. Chairman NCSC, Prof RS Katheria, will seek explanations from the two university authorities for the alleged irregularities in appointments and non-implementation of the roster policy on campus. Allegations have also been made that unfair practices were adopted for screening of candidates. The NCSC…

Read More