#news
| Breaking
‘Zypp’ A Scooter Rental And Delivery App Provide Services To People And Businesses
Industry: IoT Funding: $2.5M Investors: IANFund Headquarter: Gurugram, India Zypp is an electric scooter sharing app that is helping many people across India. Users can unlock Zypp for Rs. 5/- only, with a charging fee of Re.1/minute. It has over 500K users in India alone, and the number is going up fast. The interesting thing about Zypp…
| Breaking
Singapore Based Dental Care Startup ‘Zenyum’ Provide 3D-Printed Invisible Braces to Patients
Industry: Health Care Funding: $15.1M Investors: RTP Global Headquarter: Singapore Zenyum aims to help individuals bring back their confident smiles. The startup offers 3D-printed invisible braces to patients. You can easily get the braces sent right at your home. The 3D-printer braces are customized to suit your face orientation. Zenyum is a product developed by experienced entrepreneurs and…
| Breaking
Slovenian Startup ‘Eligma’ Create Payment Infrastructures For Accepting Instant Crypto Payments At Local And Online Stores
Industry: Blockchain Funding: $17.4M Investors: Bitcoin.com Headquarter: Slovenia Eligma is the new revolution in the blockchain and bitcoin sector. Have you ever thought about how you can use a cryptocurrency that isn’t driven by public demand? That’s where Eligma comes in. It is setting new standards for bitcoin in particular and blockchain in general. It is also the…
| Breaking
Helsinki-Based Voice Technology Startup ‘Speechly’ Create Voice Interfaces For Professional Tools & Services Using Natural Language Processing Technologies
Industry: Software and SaaS Funding: €2M Investors: Cherry Ventures Headquarter: Finland Alexa and Siri are two great voice assistants of our time. What if you want to add the same feature of voice assistance to your mobile app? That’s where Speechly comes in. It lets you leverage app APIs to create engaging experiences for customers with applications…
| Breaking
US Based Startup ‘Kindbody’ Provides The Complete Solution Of Women’s Health Including Fertility Testing, Egg Freezing And IVF
Industry: Health Care Funding: $31.3M Investors: GV Headquarter: New York, United States Kindbody is an end-to-end fertility care solution. It provides female care services from standard gynaecological care to conception, nutrition and mental wellness and more. Kindbody has revolutionized the field of medical science, helping users get expert treatment with complete ease. It offers services like intrauterine…
| Breaking
Portland Based Startup ‘STREEM’ Help Customers With The Help Of AR Through Your Camera Lens
Industry: AI Funding: $10.5M Investors: Flying Fish Partners Customer support just got easier with Streem. Customers tend to get disgruntled when they don’t get the support they expect from the company. Introducing Streem, a revolution in customer support that helps your customers pinpoint the problem through the lens of their smartphone, and your team can…
| Breaking
African Startup ‘Chipper Cash’ Provides The Borderless Way To Send And Receive Money
Industry: Transport and Travel Funding: $8.4M Investors: Deciens Capital Traveling and cash both go hand-in-hand. Now, imagine, what if you are traveling outside your country and you run out of cash? That’s where Chipper Cash service comes in handy. It helps users make instant cross-border mobile money transfers as easy as sending a text message. For now, the service…
| Breaking
Dutch Startup ‘Meatable’ Develop Cruelty-Free Technologies For Manufacturing Cultured Meat
Industry: Food and Beverages Funding: $1.6M Investors: Golden Angel Investors Meatable is an organic meat production company that produces and sells lab-grown meat in the market. The founders of the company hold the point of view that current meat production cannot meet future demands, and it is way too ‘cruel’ to kill animals for food. Meatable picks…
| Breaking
HqO A Boston-Based Startup Develop An App That Connects Landlord And Tenants
Industry: Mobile Apps Funding: $46.9M Investors: Insight Partners Headquarter: Boston, United States HqO is an app that helps landlords carve places that their tenants love. It is an onsite retail and services app that helps landlords know in real-time about the features that are not available at the premises. As a result, they can take quick action and…
| Breaking
‘Securitize’ Enables Digital Securities Which Are Easier To Own And Faster To Trade
Industry: FinTech Funding: $78.8M Investors: Stripes Headquarter: San Francisco, California, United States Securitize is a blockchain-enabled company that facilitates the capital markets by allowing traders to trade in private companies using trusted global solutions. The platform is secure and offers a high-quality experience for investors. It is integrated with multiple US-based marketplaces, so traders can trade without any fear…
| Breaking
Denmark-Based Startup ‘Luggage Hero’ Allows You To Quickly Drop Off Baggage And Pick When Convenient
Industry: Travel Funding: Undisclosed Investors: N/A Traveling? Want to store your luggage at a secure site? That’s what Luggage hero – the latest addition to the list of startup companies – does. It is a simple platform that lets you safely store your luggage at a storage point with a small charge. You can easily take a…
| Breaking
Dubai Based Cloud Kitchen Startup ‘Kitopi’ That Take Care All Operations Ensuring The Meal Is Delivered Fresh To Customers
Industry: Food and Beverages Funding: $89M Investors: VentureSouq Kitopi stands for Kitchen. Operation. Innovation. It is a state-of-the-art kitchen network that prepares and delivers food to other retail outlets. It is a managed cloud kitchen network, where a restaurant can place orders and get it delivered in quick time. It helps restaurants, food brands, eateries to focus on…
| Breaking
“Button Wallet” A Messanger Wallet That Help To Buy, Sell And Trade Cryptocurrency With A Telegram app At Ease
Industry: FinTech Funding: $600K Investors: Fulgur Ventures Do you love trading in cryptocurrency? With Button Wallet, you can buy, sell, and trade cryptocurrency with a telegram app. It is a perfect app for people who trade cryptocurrency on the go. With the app, instead of using a third-party platform to trade currencies, they can do it with the…
| Breaking
‘NutSpace’ An Education Focused Platform Offering Story-Based Lesson Plans
Industry: EdTech Funding: Undisclosed Investors: JioGenNext NutSpace aims to get children future-ready with 21st Century skills. It uses a Proprietary Inventive Thinking™ Methodology that teaches children “how to learn”. NutSpace also runs an in-classroom program that offers experiential learning to develop independent thinking skills among children. NutSpace provides content that is meticulously curated to help children improve their…
| Breaking
Meet Indian Startup Nuovopay Which Enables Device Leasing Companies & Telecom Carriers To Secure Leased Devices Against Non-Payment.
Industry: FinTech Funding: Bootstrapped Investors: N/A NuovoPay is a startup that aims to safeguard device leasing and support Haas (hardware as a service). Several finance companies and mobile phone carriers have not jumped on the bandwagon of device leasing to make mobile devices available to individuals without a credit score. This is an essential part of mobility,…
| Breaking
A New-York Based Startup ‘TapRm’ Delivers Beer At Your Door-Step
Industry: Food and Beverages Funding: $1.7M Investors: The Broe Group Getting beer in the US is no more difficult. With TapRm, a new e-commerce store, you can get your beer delivered right at your doorstep. As of now, the service of TapRM is only available in New York. The company has received approximately $1.7 million in funds for…
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Los Angeles-Based Startup ‘Mythical Games’ That Build Games With Digital Ledger Technology of Blockchain
Industry: Blockchain Funding: $35M Investors: Javelin Ventures The Mythical Games studio is setting new benchmarks for the gaming industry with its blockchain-based games. The company aims to bring game developers and content creators closer to the games they love. With a team of veteran game and platform experts, it is developing world-class products that help consumers adopt the…
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Stop Worrying About Petrol, Introducing ‘Wheels’ Which Offers Hybrid Electric Vehicles At An Affordable Price
Industry: Ecommerce Funding: $87M Investors: DBL Partners Wheels is a shared electric mobility platform that’s designed to promote smart city projects around the world. Wheels lets you rent wheels (motor pods) for a day, a month, or even a year. They will take care of the maintenance and all other expenses related to it. If the motor pod…
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Meet The US Based Startup ‘ERA Timepieces’ A New Game Changer In The World of Luxury Watches
Industry: Fashion Funding: $1.8M Investors: Crowdfunding The ERA Prometheus tourbillon watch is a game-changer in the world of luxury watches. It has raised nearly $1.1 million on Kickstarter and Indiegogo. People only bought a Tourbillon because of the delicacy watchmaking involved. Thanks to ERA Prometheus, now people have multiple options available to buy luxury watches. Using…
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A Dubai Based Startup ‘Coded Minds’ Aims to Focus on Real-World Issues And Fixing Them Using Technology And Innovation
Industry: EdTech Funding: AED10M Investors: Al Arabi Investments Coded Minds is a technology-education startup that aims to revolutionize the paradigm of tech education. Coded Minds focuses on methods. It starts with the problem and inculcates a practical, hands-on project-based curriculum. It provides education to students of all ages in the Middle East, North Africa, Asia Pacific, South Asia,…
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Licious- A One-Stop App For Meat and Sea-Food | Indian Startup
Launched in: 2015 Location: Bengaluru Sector: Consumers services Total funding: $39 Mn Key investors: Bertelsmann India Investments, Vertex Ventures, Mayfield, 3one4 Capital, Sistema, InnoVen Capital, and more Technology-powered meat, fish, and seafood products delivery startup Licious is built on the farm-to-fork business model. It owns the entire back-end cold chain, enabling it to control and maintain the quality…
| News, Quick Bytes
Food and Beverage Startup ‘Choco’ Simplifies Food Ordering System Between Restaurants And Supplier
Industry: Food and Beverages Funding: $1.7M Investors: The Broe Group Cooking a meal is a tedious process; even top chefs will endorse this. Couple this with the management of resources. It is a wholesome exercise. There is one app that’s changing the trend. Choco is an app that makes ordering and communication with your suppliers faster, simpler,…
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Swiss Startup ‘Eyeware Tech’ The Future Of Eye Wear Is Here
Industry: AI Funding: Undisclosed Investors: High Tech Grunderfords Eyeware Tech is a revolutionary startup in the camera tracking and recognition industry. It monitors a person’s gaze and ascertains the motive. The software is developed to cater to real-world issues such as security, buyer choice, human intentions, etc. It uses patent-pending computer vision algorithms to increase human-machine engagement.…
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‘Infraspeak’ a Customizable Maintenance Platform That Optimizes Maintenance Support to Airport, Malls and Hospital
Industry: IoT Funding: $5.4M Investors: TiVenture With Infraspeak, any user in an organization can directly report a technical failure to the relevant technicians quickly. The tool identifies and notifies the failures in an electrical system concerning type, location, equipment, or priority. They can mark these failures as ‘solved’ or otherwise assign them to the relevant person working…
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Cazoo, Buy Used Car Online With Free Home Delivery
Industry: Ecommerce Funding: £80M Investors: DMG Ventures Shopping for cars online? Sounds skeptical, right? Wrong! Buying a car is now as easy as it gets right at your home. UK based startup, Cazoo has made buying used cars simple. It is an inspection-cum-car selling store. It has a comprehensive 150+ point checklist that every car has to…
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San Francisco Based Startup ‘Observe.AI’ Brings The Power of Automatic Speech Recognition For Call Centers
Industry: AI Funding: $34.1M Investors: Scale Ventures Operating a call center? Need a coach for your sales and support team? Observe.AI is your go-to platform. It is an AI-powered voice assistant that can turn your contact centers into profit generation machines. How it does that? Well, Observe.AI uses multiple technologies such as machine learning, natural language processing, and a…
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Seattle Based Startup ‘Porch’ A Mobile Platform That Solves Home Repair Services
Industry: Mobile Apps Funding: $464.6K Investors: Antler Now calling your local plumber, electrician, maid, or carpenter is as simple as clicking a button – thanks to Porch – a new startup. It provides a mobile platform that users can use to call home repair services. The best part? All of these are freelancers. This means you can get…
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Radpay A Blockchain Startup Which Can Reduce Cart Abandonment by 36%
Industry: FinTech Funding: $78.8M Investors: Stripes Radpay is an online payment solution that helps customers pay faster for their purchases, resulting in reduced cart abandonments. It is one of the top blockchain startups that connects blockchain with PCI-compliant card payment and banking infrastructure. It ensures secure transactions for merchants through a combination of mobile apps, browser plugins,…
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Wardrobe, a E-commerce App Which Allows You to Buy and Sell Luxury Clothes
Industry: Fashion Funding: $1.5M Investors: Ludlow Ventures Consider Wardrobe as your fashion closet. The e-commerce app lets people borrow luxury clothes, sell used luxury clothes, and share ideas on designing custom clothes. Wardrobe is eco -friendly, convenient, and affordable. Adarsh Alphons founded wardrobe after an epiphany about just how many clothes in his own house went mostly unused.…
| Innovation, Quick Bytes
Danish Fintech Startup ‘Pleo’ Offers Smart Payment Cards For Employees
Industry: EdTech Funding: $78.8M Investors: Stripes Wouldn’t it be better if instead of getting salary transferred to your bank account – which usually takes days – you get salary instantly in your company’s ID card? You can use this card at ATMs, at service stations, at restaurants, and even at local banks. It makes life a lot…
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Education Tech Startup ‘Labster’ Introduce Virtual Reality Science Lab For College & Universities
Virtual laboratories allow STEM students to experiment in million-dollar labs at a fraction of a wet lab cost. Saving costs is one core benefit of using online resources for teaching. A virtual lab simulation includes true-to-life missions for students to complete, highlighting the connection between science and the real world. This makes virtual labs all…
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German Based Startup Airalo — The Perfect Mobile Data Solution for Travelers
Industry: Travel Funding: $1.9M Investors: Lightspeed Ventures Are you planning to travel abroad? With new startup Airalo, getting an eSIM is more affordable than ever. The Airalo SIM lets you travel to multiple destinations of your choice. It covers over 100 destinations. You can get the eSIMs at an affordable price from around the world. Airalo SIM cards…
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‘Sweetgreen’ a Startup From a Dorm Room to The ‘Starbucks of Salad’
Sweetgreen is the first-ever unicorn salad start-up, luring lunchtime lines across the country with its millennial- and Gen Z-friendly $12 salads. Now, the brand that brought the farm-to-table trend to fast-casual dining wants to be “the Starbucks of salads.” The brand was founded in 2007 after then-Georgetown students Jonathan Neman, Nicolas Jammet, and Nathaniel Ru…
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No Need To Wait For Long Queue With ‘Eatigo’ Just Book And Dine Top Restaurants
Industry: Ecommerce Funding: $25.5M Investors: Trip Advisor Eatigo claims to be the number one restaurant reservation platform in Asia. It is backed by Trip Advisor and offers dining deals and restaurant reservations in Thailand, India, Hong Kong, Malaysia, the Philippines, and Singapore. What makes it the NEXT BIG THING in the food industry is the quality of service…
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Get ‘xFarm’ to transform your agricultural processes by digital technology
Industry- IoT The agricultural business is becoming more complex due to legal requirements and product certifications. xFarm is a startup that aims to transform agricultural processes by leveraging digital technology. It provides innovative tools to support farmers and the food supply chain, stakeholders. The main focus of the organization revolves around convenience, intuitiveness, and adaptability…
| Innovation, Quick Bytes
A Swedish Digital Health Startup ‘NuvoAir’ Gives A Platform for Respiratory Health Tracking
Breathing is everything. We breathe almost 1 billion times during our lifetime. And while most of us take breathing for granted, for 1 out of every 10 people breathing can be a struggle. NuvoAir is your go-to platform for respiratory health tracking, improvement, and cure. The startup offers devices to track and monitor the respiratory…
| Innovation, Quick Bytes
Mobile Food Order Startup ‘Snackpass’ Will Kill Your Hunger As Soon You Enter In Restaurants
Why wait in line when you can order your food on your phone and pick your order when you get to the restaurant? It is even better than the ‘drive-in’ concept because you don’t have to wait for even a minute. Before Snackpass, the restaurant owners were worried about the customers not collecting their orders.…
| Innovation, Quick Bytes
Santa Monica Based ‘Verishop’ A Startup That Doesn’t Allow Third-Party Sellers to Establish Higher Degrees of Customer Trust
PUNE, Maha–(Unboxing Startups) Verishop is a lifestyle e-commerce store for your daily fashion needs. What makes Verishop stand out from the rest is the quality of the products it offers. The brand features only premium products from top brands. Verishop aims to be a go-to lifestyle shopping destination for customers who are looking for high-quality…
| Innovation, News, Quick Bytes
Oslo-based construction tech startup Spacemaker build sustainable cities using AI
Spacemaker is a great startup that aims to develop sustainable infrastructure that can help companies grow while decreasing environmental pollution. It is one of the millennium development goals of the United Nations. Infrastructure designers can get the services of Spacemaker to provide the smartest ways to maximize the value of their real-estate structure. They will…
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US Investments and Policy Into Startups To Remain Strong Under US President Joe Biden
The momentum of investments flowing into Indian startups from the US is likely to remain strong under the leadership of president-elect Joe Biden, several investors and industry watchers expect and confess in the media on Saturday. These expectations come at a time when deep-pocketed technology companies such as Amazon, Google, Walmart and Facebook, and several…
| Innovation, Quick Bytes
The Story Of Self Drive Car Rentals Startup Drivezy
Drivezy offers peer-to-peer bike and car-sharing services in India. Drivezy’s vehicle sharing marketplace is a strategic and efficient alternative to outright vehicle purchases for consumers. Drivezy’s marketplace allows individual vehicle owners to list their idle cars, motorcycles, and scooters and turn them into profit-generating assets by renting the vehicles to customers at a fraction of…
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Meet Lucyd Lyte, The Prescription Bluetooth Smart glasses with voice-controlled social Media
Lucyd Lyte aims to be a revolution in smart eyewear by being the first Bluetooth frame that can be worn all day, every day, by prescription glasses wearers. Lucyd’s mission of providing natural, useful technology upgrades to ergonomic eyewear. Lucyd Lyte is a new entry into the world of wearables, as a smart glass that…
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Apeel Sciences Startup: Working its Way to Reduce World Hunger
Apeel Sciences develops plant-derived shelf life extension technology for fresh produce that improves quality and reduces food waste. Apeel Sciences develops plant-derived shelf life extension technology to reduce food waste. As a major producer and consumer of agricultural products, China faces a serious food waste problem as it turns towards sustainable urbanization and industrialization. The…
| Innovation, News, Quick Bytes
No Credit Score? Say Hello to New York Fintech Startup’Petal’
Forget credit scores: Petal determines whether you’re eligible for a credit card using factors like your income and bank statements. Geared toward younger people who haven’t yet established a solid line of credit, the company doesn’t charge fees–including for missed payments–and offers cash-back rewards. Instead of focusing on credit scores, Petal looks at an applicant’s financial behavior.…
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5G Startup Movandi Has A Technology That Can Boost mmWave Signals
Millimeter wave (mmWave) spectrum will likely play a key role in the 5G offerings from wireless operators around the globe. In the U.S., Verizon is one of the biggest proponents of the mmWave spectrum. The company has already deployed its nonstandardized fixed 5G service, called 5G Home, in four markets in the U.S. and is…
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No More Food Wastage, San Francisco Startup Afresh is Using Algorithms to Prevent Food From Ending up in Landfills
U.S. retailers throw out $18 billion worth of spoiled food every year, which is bad for both the bottom line and the environment. San Francisco startup Afresh creates software that uses algorithms and artificial intelligence to help stores optimize their fresh food inventories and cut back on waste. Founded in 2016, the company says it…
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Solidia: A Environmental Cure for the Construction Industry
When it comes to climate change, cement production is a major culprit, accounting for about 7 percent of the world’s greenhouse gas emissions. New Jersey-based Solidia uses a patented process to address this problem, replacing limestone with a synthetic material that requires lower temperatures and less energy than traditional methods. The cement absorbs CO2 as it hardens, all of which amounts…
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US Based Startup ‘Fetch Robotics’ Has Created Robots That Actually Work Like Humans
Fetch has created both a picking robot and a freight one. While the “Fetch” can grab items off shelves, a warehouse doesn’t need to go all-in on robots to take advantage of their efficiency. The new “Freight” robot acts more like a trained dog, steadfastly sticking to either a human or another robot’s side. A…
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Digital Lending Startup Better.com Only Make Money Via Interest
New York City-based Better.com is trying to upend the antiquated mortgage application process by bringing it online. The company doesn’t charge fees or commissions and instead makes its money only via interest. And whereas traditional mortgage applications can take weeks, getting pre-approved on Better.com takes just a few minutes thanks to a largely automated process. The company, which lent…
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India’s Aerospace Startup ‘Skyroot Aerospace’ Unveils 3D Printed Rocket Engine
Indian aerospace startup Skyroot Aerospace recently unveiled its Dhawan-1 Rocket Engine on the 100th birthday anniversary of Indian rocket scientist for which it’s named – Dr.Satish Dhawan. According to the company, the Dhawan-1 is notable in that it’s completely 3D printed, runs solely on cryogenic propellants, and was manufactured in India. The Dhawan-1 will power…
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Singapore Startup ‘EcoWorth Tech’ Developed A Sponge that Can Absorb Impurities From Water
Singapore-based startup EcoWorth Tech has developed a technology for the sustainable treatment of wastewater. It provides a breakthrough solution for removing and recuperating organic contaminants from Industrial and Oil & Gas wastewater. The technology integrates seamlessly into the latest water remediation processes in a highly cost-efficient manner. Additionally, EcoWorth Tech uses biomass waste to produce…
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Hyderabad Based Startup StanPlus Brings Medical Support and Ambulance Within 15 Mins
StanPlus focuses on supporting the patient in emergency and non-emergency situations, helping them reach the hospital, care center, or home. They operate across all segments, from simple vehicles for patients with limited mobility to fully equipped Advanced Life Support (ASL) vehicles to handle all types of emergencies and medical air transportation. With a fleet of…
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Sea6 Energy, An Indian Startup Who Successfully Made Biofuel From Algae
We all know all cars generally run on fuel, and with the rise of continuous demand, fuel is dangerous. Therefore, Sea6 Energy has a unique idea: grow algae on seawater and use the resulting algal biomass to produce biomass. Their plans presently include making renewable chemicals and food additives using algae. Sea6 also created novel…
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No Credit Card? No Problem. Indian Startup “Kaarva” Allows To Access Money From Your Salary
The startup operates a flexible salary platform, which is not a salary advance but gives employees control to access a part of their earned salaries on their own whenever they need, helping middle and lower-income people with any daily expenses or emergencies. If you don’t have money, the Bengaluru startup says that the credit card…
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Delhi-Based Startup Junkart Helps You Sell Your Scrap
If you want to sell your household scrap, what you generally do? The majority of the audiences will say they wait for the “Kabadiwala” scrap collector to come. The traditional setup of a collector roaming in the streets and shouting for junk is well-known and understood. Also, it has remained the same for so many…
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Indian Wearable Tech Start-up LECHAL Launched World’s First Interactive Footwear With Haptic Feedback
Lechal is the world's first company to launch a haptic footwear; the startup has received 10,000 orders in the first three months after the official launch.
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Indian Startup Aloe E-cell Discovered The World’s First Eco-Friendly Batteries
Aloe vera, a natural moisturizer and herbal panacea for diseases, can also generate electricity and power batteries.
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Biotech startup Priothera launches with $35.4 million Series A funding to develop treatments for patients suffering from leukemia
Priothera announced it has closed $35.4 million in Series A funding led by Fountain Healthcare Partners
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French Fintech Startup Lydia partners with Tink to enhance open banking options
Fintech startup Lydia goes to work with monetary API startup Tink for its open banking options in its app. Lydia began as a peer-to-peer fee app and now has 4 million customers in Europe. Lydia’s vision has evolved to become a financial super app that lets you control your bank accounts and access various financial services. In France, you can…
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Logistics startup unicorn Lalamove unveils foray into the US
Lalamove, an on-demand logistics service active in China, Southeast Asia, and Latin America, has officially entered the U.S. seven years after launch. As the COVID-19 pandemic keeps millions of Americans home, Hong Kong-based Lalamove believes it can seize the growing demand for delivery services in the country. It makes its debut in the Dallas Fort-Worth area, a major hub for…
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Pizza-making robot startup Picnic raises $3M as pandemic puts spotlight on food automation
Seattle startup Picnic raised an additional $3 million from existing investors as it gears up for a commercial rollout of its pizza-making robot.
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Seattle, biotechnology startup HDT Bio raises $3M to support development of COVID-19 vaccine
Seattle-based biotech company HDT Bio enabling global access to immunotherapies for oncology and infectious disease, closed its seed financing round, totalling ~$3M.
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Seattle based startup Cardiac Dimensions raises $17.5M for heart-valve repair device
Cardiac Dimensions in the development of innovative, minimally invasive treatments for functional mitral regurgitation (FMR) in patients with heart failure, closed a $17.5m Series C financing.
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Intelligent Knowledge Base Startup Golden Raises $14.5Million
The startup also announced the funding that it had landed a $1 million contract with the U.S. Air Force to help fight COVID-19 with information and knowledge derived from fragmented public sources
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E-Scooter Startup Neuron Mobility Raises US$12Million in Extended Series A Round
According to intelligence platform VentureCap Insights, Neuron is valued at $47.2 million, after raising US$18.4 million via the issue of new shares between late February and early March.
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AI Drug R&D Startup XtalPi Lands Massive $319M SoftBank-Led Round C To Continue Its High-Tech Drug Discovery
XtalPi, an American-Chinese biotech firm that focuses on AI-assisted drug discovery, has raised a $319 million round C from a slate of enthusiastic investors led by SoftBank’s Vision Fund.
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Seattle Based Biotech startup Immusoft Raised $4.5Million
Established in 2009, Immusoft develops immune cell technology that uses blood cells from a patient to create therapeutic proteins targeted to treat diseases.
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Seattle-based fintech startup Attunely raises $9M in funding to use machine learning to maximize revenue recovery
The global machine learning market is expected to grow from $1.41 Billion in 2017 to $8.81 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 44.1%
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Payment Solution Startup SpotOn Raises $60Million Series C To Support SMB Growth
SpotOn Transact, a software and payments company for small and medium-sized businesses, secured $60 million in Series C funding just six months after announcing its $50 million Series B investment.
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Miami-Based Startup Papa Secures $18M Series B To Connect Older Adults With Companions
Now Papa has raised $18 million for its Series B round led by Comcast Ventures.
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Air taxi startup Volocopter teams up with Schenker to deploy heavy-lift drones
The remote-controlled drone can lift a load of up to 200 kilograms (440 lb) and has a range of 40 kilometers (25 miles), making it ideal for jobs such as delivering medicines to a hospital or dropping off components at a factory.
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US President Donald Trump Approves Tiktok Deal with Oracle and Walmart
Oracle and Walmart said they were together investing to acquire 20% of the newly formed TikTok Global business.
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Seattle-area cybersecurity startup Polyverse raises $16M
The startup recently signed a partnership with SUSE, the world’s largest independent open-source software company.
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Seattle startup Wrench acquires Lemon Squad to boost its vehicle-inspection services
Mobile car repair startup Wrench is diving deeper into services that go beyond vehicle maintenance
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Spacetech startups are ready to take off in India
Indian companies can spend less both in terms of manufacturing and operating costs as compared to US companies, the country has an enormous talent pool of engineers, and the VC ecosystem is warming up.
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Bengaluru Based Startup QShala Raised ₹ 2.7 Crore From Zerodha-Backed Rainmatter
Over 14 startups have raised funding since March 2020, as online education sees a massive boom in India.
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Ratan Tata-Backed Fuel-Delivery Startup Repos Energy Registers 150 Startups
Pune-based energy distribution company Repos Energy has registered over 150 fuel startups in less than a month.
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General Motors Takes $2B Stake in Electric Truck Startup Nikola
General Motors announced its second major electric vehicle partnership in less than a week on Tuesday, this time a $2 billion deal with startup Nikola. GM will take an 11% ownership stake in the Phoenix company and will engineer and build Nikola’s Badger hydrogen fuel cell and electric pickup truck. The Badger is expected to…
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VR enabled startup, Proxgy launches its virtual commerce platform in India
Proxgy is a visual commerce product that lets users experience almost everything just by sitting on their sofa.
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Cricket Expert Harsha Bhogle Invests in Sports Gaming Startup Akhada
Cricket commentator and expert Harsha Bhogle has invested an undisclosed amount in gaming startup Fantasy Akhada, and will be the brand’s face for the next two years, the company said on Friday.
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SoftBank Group eyes partners to bid for TikTok’s assets in India
SoftBank Group is exploring assembling a group of bidders for TikTok’s India assets and has been actively looking for local partners, according to people familiar with the matter.
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Fintech startup CRED is official partner for IPL 2020, says BCCI
Cred, a digital community of creditworthy individuals, merchants and institutions, on Wednesday announced that it has become the official partner of the Indian Premier League (IPL) 2020.
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Health Care Startup PicnicHealth Raises $25M for its Patient Health Record Management Service
PicnicHealth, the startup that’s looking to give patients a way to manage their care in one place and pharmaceutical companies access to patient records for real-world data, has just raised $25 million in financing to grow its business. Founded in 2016 by a former international development worker and Crohn’s Disease patient, Noga Leviner, PicnicHealth’s initial…
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Consumer Electronics Indian Startup boAt Raises ₹25 Cr Debt Funding From InnoVen Capital
Consumer electronics startup boAt, through its parent company, Imagine Marketing Pvt Ltd, has raised ₹25 Cr in debt from venture debt and specialty lending firm InnoVen Capital. Founded by Aman Gupta, a chartered accountant, and Sameer Mehta, a former executive director at Kores (India) Ltd in 2016, boAt has over the years expanded its product…
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Chan Zuckerberg Fund Backs Mumbai Based Startup Eruditus
Facebook founder and CEO Mark Zuckerberg and wife Priscilla Chan’s philanthropic organisation, the Chan Zuckerberg Initiative, has invested in education technology startup Eruditus, its second capital infusion into an Indian firm. People close to the development told ET that the funding is part of Eruditus’ ongoing Series D round that will see the company raising around $100…
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Flowercycling Startup Raises ₹10 Cr. in Pre-Series A Round Funding
Phool.co, an IIT Kanpur backed biomaterial startup, has raised about ₹10 crores in a pre-series A funding round led by Ian Fund and San Francisco-based Draper Richards Kaplan Foundation. Founded by engineering graduates Ankit Agarwal and Prateek Kumar in July 2017, Phool.co is a startup focused on the circular economy which converts the floral waste…
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Bio-technology startup StemoniX agrees to merger with public pharma company
StemoniX will receive about 78% of Cancer Genetics' 2.31 million outstanding shares, making it the majority owner of the company. At Cancer Genetics's press timeshare price of around $7, the transaction will be worth $12.6 million to StemoniX.
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Austin’s Fox Robotics raises a $9M Series A for its robotic forklifts
The latest round brings its total funding to date to $ 13 million, with the support of previous investors Eniac, Famiglia, SignalFire, Congruent, AME and Joe.
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Mindtree Founders To Start $120 Mn Fund For Early Stage Startups in India
MindTree has decided to start it's own $120 Mn fund to invest in tech startups.
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Indian Startup Launches E-store for COVID-19 Essentials
Commenting on the app launch, Atul Kapoor, Founder, sense.bio said, "Now since the unlock is happening across the nation and people are resuming work now it's the time to take extra safety measures with protecting themselves and boosting their immunity. We have made sure of the quality of products and are made in India."
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Maruti Suzuki ties up with IIM-Bangalore to incubate mobility startups
The country's largest carmaker Maruti Suzuki India said it has joined hands with the startup hub and incubation center at the Indian Institute of Management, Bangalore (IIMB) to spearhead innovations in the mobility space.
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India’s First Earth Observation Startup Pixxel Raises $5 million
Bengaluru-based startup Pixxel is getting ready to launch its first Earth-imaging satellite later this year, with a scheduled mission aboard a Soyuz rocket. The roughly one-and-a-half-year-old company is moving quickly, and today it’s announcing a $5 million seed funding round to help it accelerate even more. Indian venture capital firms, Lightspeed India Partners, Blume…
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Bengaluru based startup DrinkPrime raises ₹21 crores led by Omidyar Network India
Subscription-based water purifier startup DrinkPrime on Tuesday raised ₹21 crores ($3 million) in a Pre-Series A round from Omidyar Network India and Sequoia Surge. The money will help the startup strengthen its team and invest in its growth plans to reach 1 million households in the next 3 years. “We are currently operating in Bangalore and…
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Oyo’s Ritesh Agarwal joins Venture Catalysts to promote entrepreneurship across India
In a bid to support India’s growing startup ecosystem, Ritesh Agarwal, founder, and CEO of Oyo Rooms will work as an advisor and mentor with Mumbai-based incubator Venture Catalysts (VCats). Agarwal will work with Dr. Apoorv Sharma, founder of VCats to promote entrepreneurship across the country’s tier 1, 2, and 3 cities and help India…
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Sequoia leads $5m funding in Indian education loan startup
The fresh capital will be used to expand the company’s presence in towns and improve its collection efficiency and lending cycle management, Eduvanz said in a statement.
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Startup Company Coda, Valued Above $600M, Now Hopes to Compete With Google’s G-Suite
Coda is one of the newer entrants in the workplace productivity known as “the future of work,” which includes companies ranging from video-conferencing platform Skype to Microsoft’s Office 365.
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India’s first undersea optical fibre cable introduced in Andaman and Nicobar Islands
The Submarine optical fibre cable project came into being when PM Modi began the development of the 2,312-Kilometers long submarine optical fibre cable project connecting Chennai - Andaman and Nicobar Islands
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AIA Rope Regional Partnership with Health Tech Startup Holmusk
Through this, its customers and AIA Vitality members can gain access to personal health coaching services based on their specific needs via Holmusk's network of nutritionists and dietitians.
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Billionaire Yuri Milner Nears Funding in Indian Startup Byju’s
The amount would make Byju’s India’s second-most valuable startup after Alibaba Group Holding-backed financial payments brand, Paytm.
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Government to Fund 112 Agritech Startups says Union Minister
Emphasizing on increasing private investment in agriculture, Tomar said his vision is to attract the youth to agriculture and rejuvenate the sector. He also stressed the need to make agriculture competitive, provide handholding to agriculture-based activities, and adopt new technology at the earliest to boost productivity.
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Chinese AI Company Files $1.4 billion Lawsuit Against Apple
In a statement, Apple said that its Siri does not contain features included in the Xiao-i patent, which the iPhone maker argues relates to games and instant messaging.
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Microsoft in Talks to Acquire Chinese App TikTok
"A deal could be completed by Monday, according to people familiar with the matter, and the talks involve representatives from Microsoft, Bytedance, and the White House. Talks are fluid, and a deal may not come together," The Wall Street Journal reported.
| Innovation, Startups
Startup Company Air.Co Awarded By NASA After Path-breaking Invention
We are going to talk about a New York startup Air.Co and they make Vodka.They extract CO2 from the air and mix it with water to make a vodka.
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FSD Pharma Announces to Surrender Health Canada Licenses for Subsidiary FV Pharma Inc.
FSD Pharma has instigated the process of liquidating all FV Pharma assets, including the sale of the Company’s cannabis production facility in Cobourg, Ontario.
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Google Unveils Model Card Toolkit
Google released a model card toolkit, a set of toolset designed to facilitate AI model transparency reporting for developers, regulators, and downstream users.
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Google Extends Work From Home Policy Till Summer 2021
Google CEO Sundar Pichai wrote, “To give employees the ability to plan ahead, we are extending our global voluntary work from home option through June 30, 2021, for roles that don’t need to be in the office.”
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Alibaba Group: Gurugram Court Summoned Jack Ma on Ex-employee Complaint
In more than 200 pages of court filings former employee Parmar included clippings of some posts showcased on the UC News app that he alleged were false.
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EDF-Jinko Power Company wins Major Solar Project Deal in UAE
EDF said the Abu Dhabi solar photovoltaic plant would have a capacity of 2 GW, which would make it the largest single-project solar plant in the world, generating the equivalent electricity to power more than 160,000 households each year.
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Verizon, IBM Collaborate on 5G IoT Solutions
Both companies aim to combine 5G with edge computing to create a “cognitive automation” Artificial Intelligence framework. The platform will recognize natural language and allow autonomous decision making in various scenarios.
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Microsoft Eyeing to Slash 1000 Jobs
A report from Business Insider had stated that Microsoft is slashing around 1,000 jobs across its businesses this week.
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IQVIA Appoints Executive Vice President and CFO
“I am excited to continue serving the company as we navigate through the COVID-19 situation, execute the strategy that we first envisioned at the time of the merger, and drive towards the achievement of our Vision 22 goals,” said Mr. Bruehlman.
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Flipkart Acquire Walmart, Launches Walmart Wholesale
“Today marks the next big step as Walmart India’s pioneering cash-and-carry legacy meets Flipkart’s culture of innovation in the launch of Flipkart Wholesale. By leveraging each other’s strengths and unique expertise, this combined team will break new ground in their shared mission to help Indian businesses grow and succeed. We look forward to a bright future for Flipkart Wholesale,” said Judith McKenna, President, and CEO of Walmart International.
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B’town Couple Launch Plant-based Meat Venture
“We want to Imagine Meats to be the choice for anybody seeking the taste of meat, without the guilt of environmental and public health impacts – just as it will be for our own family,” said Genelia Deshmukh, founder of Imagine Meats.
Startup Of The Week – NutSpace
Everything we do, we do to brighten the future of our children by making them creative, innovative and better human beings. We shape the future of our children by using simple theme-based stories that are easy to understand, encourage reflection, impart knowledge and drive curiosity. We design story-based courses for children, parents and teachers. Currently, we are focusing on creating content for children (and their parents/teachers) of 0-8 years.