News

ZestMoney gets $50 mn from BNPL provider Zip

This Fintech Startup Bags $50M In Series C Led by Australian Company Zip Co

Bengaluru-based fintech startup ZestMoney has raised $50 Mn in its Series C round. The fresh round of investment was led by an Australian stock exchange-listed firm Zip Co Limited. ZestMoney, in a statement, revealed that this is part of a larger Series C fundraise, which will see participation from existing investors. As part of the…
LG Electronics, Acquired Israel's Cybersecurity Platform Startup

Strategic Move By LG Electronics, Acquired Israel’s Cybersecurity Platform Startup

LG Electronics strengthened its component business for vehicle hardware and software by acquiring Israel’s cybersecurity platform developer Cybellum in a deal that would reach about $110 million. The home appliance maker regards cybersecurity as an important element in next-generation vehicles, evolving into complex systems connected with numerous components. LG Electronics said it had signed a…
Byju's is paying about $200 million to acquire the coding platform

This Ten-Year-Old Startup Makes the 9th Acquisition of This Year

<iframe src=”https://anchor.fm/suprotik-sinha/embed/episodes/News-of-the-day–Byjus–UnboxingStartups-Podcasts-e17nr30″ height=”auto” width=”100%” frameborder=”0″ scrolling=”no”></iframe> Online education giant Byju’s is paying about $200 million to acquire the coding platform Tynker, people familiar with the matter said, as India’s most valuable startup accelerates its expansion ahead of an initial public offering expected next year. Byju’s is paying for the purchase in cash and stock, the…
Shutterstock had acquired PicMonkey

New York-Based Stock Photography Startup Acquires PicMonkey

 Shutterstock had acquired PicMonkey, a Seattle, WA-based online graphic design and image editing platform. Spectrum Equity was the seller in the deal. The transaction, which consists of $110m of cash paid at closing, is expected to contribute approximately 3% to Shutterstock’s annual revenues and add more than 200,000 new subscribers. The deal builds upon…
Tiger Global-led Investment

Tiger Global-led Investment Makes This Startup India’s Fastest Unicorn

Two years old startup Supporting millions of blue-collar and gray-colored workers in India Learning new skills and finding a job has become the youngest company to join the coveted unicorn position in the world’s second-largest internet market. Apna has announced that it had raised $ 100 million in a round led by Tiger Global. The…

This 2 Trillion Dollar Company Co-founder Announces Aerospace Startup ‘Privateer’

Apple co-founder Steve Wozniak has just announced his new project: creating his own aerospace startup called Privateer Space. Although he did not clearly spell out his goals, there is speculation it could compete with Elon Musk’s SpaceX, Jeff Bezos’ Blue Origin, and Richard Branson’s Virgin Galactic. Woz’s aerospace company will be co-founded by Alex Fielding, founder…
ola Electric Scooter

Book this Company Electric Scooter at $6

Ola Electric has begun accepting bookings or reservations for its upcoming scooter at approximately $6 or ₹499. The booking amount is fully refundable It will be made at a new factory in Tamil Nadu The scooter features all-LED lighting The bookings for the upcoming electric scooter are being taken online, and the company has said…
ford motor company news in India

What Went Wrong With Ford Motors in India?

 Key Points Ford Motor Co. decided to shut down its operations in India. The assembly plants in Gujarat and manufacturing plants in Tamil Nadu will be closed by the end of 2021 and Q2 of 2022, respectively. Ford is the second American car manufacturer after General Motors to leave India. Potential reasons behind Ford’s…
Solar Startup

This Solar Startup Born in a Garage is Beating China in Affordable Solar Panel

Australia-based SunDrive has made a materials breakthrough that promises to increase the efficiency and lower the cost of solar panels.
TripWire

This Company’s CEO Steps Down After Supporting Texas Abortion Law

According to The New York Times, the Texas law deputizes private citizens to sue anyone who performs an abortion or “aids and abets” a procedure.
Recursion

This Company is Using AI & Machine Learning to Decode Rare Diseases

Recursion is a clinical-stage biotechnology company decoding biology by integrating technological innovations across biology, chemistry, automation, data science, and engineering to improve patients' lives and industrialize drug discovery radically.
Electric Scooters 

Frustrated with the Oil Price Rise? Get These Electric Scooters 

President Biden sets a goal of 50 percent electric vehicle sales by 2030. The White House released a statement and said that it was aiming for half of all new vehicles sold by 2030 to be electrically powered.
Indian Investors

Interested in Trading? Open Zero Balance Demat Account with this Company

Groww is an investment platform that offers a new way of investing money with stockbroking and direct mutual funds.
Health Wallet

Have You Invested in Health Wallet? This Company is Offering a Wallet for Medical Expenses

CarePay has developed a health benefit wallet that operates on a mobile phone. Participants can save, receive and spend money, but the funds can only be used to pay for healthcare.
Joby

Stuck in traffic? Don’t Worry this Company Will Take You to Your Destination

Joby, founded in 2009, is the first eVTOL company to participate in NASA’s Advanced Air Mobility (AAM) National Campaign.
Aerospace Company

Want to Travel to the Space? This Aerospace Company Will Do it For You

Blue Origin is an American aerospace manufacturer and spaceflight company headquartered in Kent, Washington. Blue Origin has a host of projects in the pipeline for Bezos to get stuck into.
BabySparks

BabySparks is a Developer of Tools and Programs to Help Parents Engage their Babies and Toddlers in the Critical Areas of Early Development

BabySparks is a platform where it guides parents and helps grow your child through activities from your baby to the early development of your baby.
Signal

Signal is an Encrypted Communications Application for Android and iOS that Focuses on Advancing Secure Communications

Signal is easy to use. Using the app, users can communicate instantly while avoiding SMS fees, create groups so that they can chat in real-time with all their friends at once,
Workstream

Workstream is an Automated Hiring Platform for Companies Employing Hourly Workers

Workstream reduces the time and resources needed for the hiring process and sharply raises the conversion rate of the applicant to employee.
Tokinomo

Meet the Robot that Re-invented In-store Promotions

Tokinomo campaigns are different because they promote sales through engagement rather than price cutting. In fact, some Tokinomo clients even increase their prices during the campaign and still see sales increases of over 100%.

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Startup Of The Week – Corefactors

Corefactors has seen struggles in maintaining leads for a business, tracking the team’s progress, and accessing reports in a conventional excel sheet. While all of this led to the inefficiency of the business functioning, it also added the difficulty of juggling between various platforms. Intending to shove away the roadblocks in the way of business sales, marketing, and communication, Corefactors understood the gap. That’s how Teleduce emerged into the business as an “ Integrated CRM to empower marketing, sales, and support teams with inbuilt cloud telephony.”