Google India Says Artificial Intelligence Alone Can Add $500 Billion To The Economy
Google India has said artificial intelligence alone could add $500 billion to the economy, and assist in a better forecast of floods and accurate diagnosis of diseases. And as per a top official, the company has also committed $10 billion for expanding India’s digital footprint. At the ‘ABP Infocom – […]
Wealthtech Startup Fisdom Raises $7M Funding Led By PayU
Wealthtech startup Fisdom has raised $7 million in a fresh round of funding led by PayU. Existing investors – Quona Capital and Saama Capital, also participated in the funding round. As per the startup, it will use the funding for new product development and customer acquisition. Fisdom will also look […]
Netcore Solutions Acquires Product Experience Platform ‘Hansel.io’
Hansel.io, a real-time, no code, product experience (PX) platform, has been acquired by Netcore Solutions in a cash and stock deal, making it the third acquisition by Netcore Solutions in the last 18 months. Netcore Solutions is a pioneer in intelligent customer engagement and communications. As per a statement released […]
Online Insurance Aggregator ‘PolicyBazaar’ All Set To Raise At Least $50 Million
PolicyBazaar, an online insurance aggregator, is all set to receive an investment in the range of $50-100 Mn from Alpha Wave Incubation (AWI). Alpha Wave Incubation is an early-stage fund anchored by Abu Dhabi’s state entity ADQ and managed by Falcon Edge Capital, which is a New York-based venture capital […]
Co-Living Startup ‘Stanza Living’ Raises Rs 44 Cr From Alteria Capital
Stanza Living, a co-living startup, has raised INR 44 Cr ($5.9 Mn) in a mix of debt and preference shares from Alteria Capital India Fund-I. Started by Anindya Dutta and Sandeep Dalmia in 2017, Stanza Living is a Delhi-headquartered tech-enabled co-living concept for students and working professionals. As per the […]
Mumbai Based Fintech ‘Eduvanz’ Acquires Edtech Startup ‘Klarity’
Mumbai-based fintech non-banking finance company (NBFC) Eduvanz has acquired edtech startup Klarity. Backed by Sequoia and Unitus Ventures, Eduvanz enables students to Study Now, Pay Later at 0% interest rates. On the other hand, Klarity is an online one-on-one platform that connects students with professionals in their area of interest […]
Mumbai Based Online Insurance Platform Turtlemint Raises $30 Million Funding
Turtlemint, a Mumbai-based online insurance platform, has raised $30 million (Rs 225 crore) in a new funding round led by GGV Capital. Existing investors, including Sequoia Capital India, Nexus Venture Partners, Dream Incubator, Blume Ventures, and Trifecta Capital, participated in the round. The round also saw the participation of some […]
Flipkart Group Acquires Bengaluru Based AR Startup ‘Scapic’
The Flipkart Group has acquired Bengaluru-based AR startup – Scapic. As part of the deal, Scapic’s team will be joining Flipkart, and with this acquisition, Flipkart aims to enhance its shopping experience capabilities. As per the press statement shared by Flipkart, the team will work towards accelerating the company’s efforts […]
Social Media Platform ‘ShareChat’ Opens New Tech Centre ‘ShareChat Labs’ In Silicon Valley
Homegrown social media platform ShareChat has opened a centre of excellence called ShareChat Labs in Palo Alto, California, which is one of the leading technology hubs of the world. ShareChat Labs will focus on technology research in areas such as camera technology, video encoding, ML/AI and deep learning. The social […]
SaaS Startup ‘inFeedo’ Raises $3.2 Million Led By Bling Capital
inFeedo, a SaaS-based analytics startup, has raised $3.2 million in an oversubscribed round after Y Combinator’s Demo Day that took place in August this year. The funding round was led by Bling Capital and its founder Benjamin Ling. Benjamin Ling, previously a general partner at Khosla Ventures and had executive […]