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Smartphone brand <keyword id="215177" type="COMPANY" weightage="20" keywordseo="Vivo">Vivo</keyword> on Monday announced the launch of <keyword id="11821277" type="UNKNOWN" weightage="20" keywordseo="y53s">Y53s</keyword> with <keyword id="11821276" type="UNKNOWN" weightage="20" keywordseo="64mp-rear-camera">64MP rear camera</keyword> and a <keyword id="47137" type="ORGANIZATION" weightage="20" keywordseo="5">5</keyword>,000mAh battery for Rs 19,490 in <keyword id="3658" type="COUNTRY" weightage="20" keywordseo="India">India</keyword>. Available in two colours -- Deep Sea Blue and Fantastic Rainbow -- the device can be purchased across online platforms and partner retail stores from August 9. The 8GB+128GB storage (expandable upto 1TB) device offers 3GB extended <keyword id="17786" type="TECHNOLOGY" weightage="20" keywordseo="ram">RAM</keyword> where users can download their favourite apps and run them all seamlessly. "With this launch, we continue to add new devices to our portfolio across various price points to meet our customer's expectations and provide them with unmatched immersive and premium experience," said Nipun Marya, <keyword id="11820986" type="UNKNOWN" weightage="20" keywordseo="director-brand-strategy">Director- Brand Strategy</keyword>, <keyword id="2829414" type="PERSON" weightage="20" keywordseo="Vivo-India">Vivo India</keyword>. Y53s sports 16.71cm (6.58-inch) FHD+ display, a 64MP triple camera along with powerful 5000mAh battery. It also offers 18W fast charging capabilities. The triple rear camera setup provides enhanced picture capabilities and is supported by a wide range of features that include Super Night Camera, Eye Auto Focus, Ultra Stable video and more. The smartphone is powered by <keyword id="8710360" type="UNKNOWN" weightage="20" keywordseo="MediaTek-Helio-G80">MediaTek Helio G80</keyword> processor and comes with the latest FunTouch OS 11.1 along with other innovative features. The company claims that Y53s last more than 14.3 hours of online HD movie streaming and 7.05 hours of resource-intensive gameplay. SEE ALSO <a href="https://www.businessinsider.in/tech/news/google-is-now-using-chrome-as-another-security-layer-for-account-sign-ins/articleshow/84975356.cms">Google is now using Chrome as an added security layer for account sign-ins</a> <a href="https://www.businessinsider.in/stock-market/news/how-to-check-allotment-status-of-glenmark-life-sciences-ipo/articleshow/84978486.cms">Glenmark Life Sciences IPO: How to check allotment status, listing date and more</a> <a href="https://www.businessinsider.in/business/startups/news/freshtohome-and-bluestone-backer-iron-pillar-is-planning-to-bring-assets-worth-1-billion-under-management/articleshow/85161486.cms">FreshtoHome and BlueStone-backer Iron Pillar is planning to bring assets worth $1 billion under management</a>

Vivo launched its Y53s with 64MP rear camera in India on Monday

<ul><li><keyword id="10938100" type="PERSON" weightage="20" keywordseo="exxaro-tiles">Exxaro Tiles</keyword> is likely to announce its share allotment status for its IPO on Wednesday.</li><li>The issue size of vitrified tiles’ maker was subscribed 22.68 times on the third and final day of issue.</li><li>The company’s IPO received bids for 25.96 crore shares as against 1.14 crore shares on offer.</li><li>Check out the latest news and updates on <a href="https://www.businessinsider.in/">Business Insider</a>.</li></ul>The allotment status of the public issue of Exxaro Tiles is likely to be announced on Wednesday, August 11. The company is looking to raise ₹161 crore, with a price band of ₹118-120 per share. It will use the proceeds for borrowing and funding its working capital requirements besides utilising it for general corporate purposes. Exxaro Tiles is engaged in manufacturing and marketing activities of vitrified tiles. The company manufactures double charge vitrified tiles and glazed vitrified tiles made from ceramic materials — clay, quartz and feldspar. The company’s product portfolio consists of more than 1000 different designs of tiles in six sizes. The IPO was open for subscription from August 4 to August 6. The issue received bids for 25.96 crore shares as against 1.14 crore shares on offer. The issue was subscribed 22.68 times. Here is how to check Exxaro Tiles’ IPO allotment status on stock exchange website: <ul><li>Go to the <a href="https://www.bseindia.com/investors/appli_check.aspx">BSE website</a> or NSE website<a href="https://www1.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp"> here</a>.</li><li>On BSE, Select 'Equity' and then from the dropdown, select 'Exxaro Tiles’.</li><li>Now, enter your application number and PAN.</li><li>Click on 'Search'.</li><li>Please note the details will only be available once the shares are allotted.</li></ul>You can also visit the registrar website (Link Intime India) to check your application <ul><li>Visit the registrar's website <a href="https://linkintime.co.in/MIPO/Ipoallotment.html">here</a>.</li><li>Click on 'Select company' and click on ‘Exxaro Tiles ’.</li><li>Once the company is selected, you will have to enter either your PAN detail, the application number, or the client ID.</li><li>Enter the captcha and click ’submit’.</li></ul>Once you hit 'submit', the status of your application will appear on the screen. Please ensure the details that you provide are correct. It will show the number of shares you subscribed to and the number of shares allotted to you. SEE ALSO <a href="https://www.businessinsider.in/business/startups/news/oyo-takes-first-step-towards-a-1-2-billion-ipo/articleshow/85176310.cms">OYO takes first step towards a $1.2 billion IPO, reportedly appoints 3 investment banks</a> <a href="https://www.businessinsider.in/business/startups/news/investment-firm-iron-pillar-is-planning-to-bring-assets-worth-1-billion-under-management-aum/articleshow/85161486.cms">FreshtoHome and BlueStone-backer Iron Pillar is planning to bring assets worth $1 billion under management</a> <a href="https://www.businessinsider.in/business/telecom/news/vodafone-idea-and-airtel-shares-fall-as-sc-rejects-agr-dues-re-computation-appeal/articleshow/84668288.cms">Vodafone Idea sinks nearly 10% and Airtel tumbles a bit after India’s Supreme Court denies a discount on past dues</a>

Exxaro Tiles IPO: How to check allotment status, listing date and more

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<div class="KonaFilter image-container display-table"><div><div class="image"></div></div></div><ul class="summary-list"><li>Swedish investment firm EQT Ventures employs a proprietary AI and big data tool to identify hot startups to invest in as it looks to stay ahead of the pack in Europe.</li><li>The fund's data-driven efforts have seen four of its last 10 investments come through its "Motherbrain" technology.</li><li>EQT says investors which don't become data-driven risk being left behind in the future. </li><li><a href="https://www.businessinsider.com/prime?module=article&amp;area=summary">Click here for more BI Prime stories</a>.</li></ul>Investors across all asset classes are are always looking for a cutting edge over the competition but the pace of change has been markedly slower in venture capital than in other sectors.That may be changing as the industry looks to adopt algorithmic and data-driven investing as standard, with Sweden's EQT Ventures set up deliberately for that purpose.EQT Ventures is a relatively new fund within the Stockholm-based private equity group EQT which covers traditional sectors in credit, public equities, and infrastructure. One of the firm's cofounders, EQT Ventures partner Lars Jörnow, estimates that four of the fund's last 10 investments have come through Motherbrain, its propriety AI platform.Motherbrain, <a href="https://www.businessinsider.com/eqt-ventures-partner-reveals-why-ai-is-the-future-of-venture-capital-2018-8?r=US&amp;IR=T">referred to as a she with her own email address at the fund</a>, has scanned more than 10 million startups, and is an essential part of the operations of EQT as the VC firm looks to compete with larger funds."We're in a competitive situation where founders have the choice of many funds which is hard to quantify so we think long term, 15-20 years from now, if you're not data-driven you won't be around anymore," Jornow told Business Insider in an interview at Web Summit in Lisbon.The platform is built out of a variety of data sources including website traffic, app store downloads, valuation data, fundraising news, financial data, and investor information alongside other inputs from members of the EQT Ventures team.Some of the recent investments made through Motherbrain include Amazon Go competitor <a href="https://techcrunch.com/2019/07/25/standard-cognition-lands-35m-at-535m-valuation-to-battle-amazon-go/">Standard Cognition</a>, augmented reality gaming studio WarDucks, college student career network Handshake, and remote desktop company AnyDesk.<div class="KonaFilter image-container display-table"><div><div class="image"></div></div></div>The example of AnyDesk is cited by Jörnow as proof of Motherbrain's value to the fund. The company, which raised a €6.5 million ($7.8 million) Series A last May, is based in Stuttgart and seemed to have been passed over by Berlin's VC scene but its activity was picked up by Motherbrain, leading to EQT Ventures' investment.The firm's first investment through Motherbrain was Danish employee data startup Peakon in 2017.Unsurprisingly, the fund is bullish on Motherbrain's future uses. Jörnow predicts that some 90% of the firms investment decisions will come through Motherbrain in the next five years.<h3>Unicorn hunting and breaking tradition</h3>Motherbrain's applications are breaking the mold in the world of venture capital where personal connections and stereotypes of an "old boys' network" can still apply. However, EQT Venture's operating partner for analytics, Henrik Landgren says that EQT will soon do away with many traditional data sources. "We don't need to see pitch decks, even great ones, or pitches from our close friends because we already have the data on these companies."The platform would have successfully picked out a number of - undisclosed - unicorns in the market with its current configurations, EQT claimed. Landgren indicated that the fund is constantly adding sources to Motherbrain and that as much time is spent analyzing and learning from existing data sets as looking for new ones.His data team is now six people out of a total at 15 across the EQT firm which has more than $45 billion in AUM, of which its venture arm is approximately $650 million emphasising its focus on data.Not everyone is convinced by the move to big data in venture, though. Last year multiple people left <a href="https://www.businessinsider.com/social-capital-founding-partner-ted-maidenberg-is-joining-arjun-sethis-new-vc-firm-2018-7?r=US&amp;IR=T">Silicon Valley fund Social Capital after it announced a move towards more data-driven decision making</a>.But the trend is becoming more common. Notably GV (formerly Google Ventures), Correlation Ventures, Fly Ventures, and of course the aforementioned Social Capital pioneered "CaaS" - capital-as-a-service, in imitation of software-as-a-service.Notably, as big data and analytics transform other market sectors it seems EQT have made this pursuit one of its central pillars across its portfolio. Earlier this year it was reported that the fund would let Motherbrain loose on its buyout fund which could significantly improve deal flow information and report making within the private equity group, <a href="https://www.bloomberg.com/news/articles/2019-06-26/eqt-s-motherbrain-ready-to-take-on-46-billion-in-buyout-funds">per a Bloomberg report</a>.There is still plenty to iron out. "We haven't even started," Landgren added. "It's a no-brainer that you would use tech to invest in tech companies so we will improve our algorithms. Soon all funds will be talking about using data."

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