Less than six months before its 21st birthday, the Apple iPod will be phased out. Apple, based in Cupertino, announced on Tuesday that the iPod touch, the last of its iPod devices, will be retired and sold “while supplies last.” The iPod touch was the only one standing after Apple ceased sales of the iPod … Read more
Deepinder Goyal, co-founder and CEO of online food aggregator and delivery platform Zomato, has announced that he will donate the whole revenues from the vesting of some of his employee stock option plans (ESOPs) to the Zomato Future Foundation (ZFF). Goyal received some ESOPs before Zomato went public last year, and some of them vested … Read more
Jellysmack, a worldwide digital media and content creator firm sponsored by SoftBank, has launched its creator programme in India. According to a key official at the company, the company will launch its India operations with 21 content creators in Hindi and English, helping them diversify their portfolio across major platforms like Facebook, Snapchat, and YouTube … Read more
RapiPay, a fintech firm, announced on Tuesday that it had raised $15 million to develop NYE, a super app for new-age digital banking. Varun Jaipuria (RJ Corp), DLF Family Office, Rahul Gautam (Sheela Foam), and Rohan Kumar led the fundraising round (DS Group). RapiPay claims to be India’s only digital banking company with a physical … Read more
FedEx Corp. (NYSE: FDX) and Microsoft Corp. (Nasdaq: MSFT) announced the next solution as part of their multiyear collaboration to transform commerce, supply chains and logistics. FedEx and Microsoft will bring together FedEx network intelligence with capabilities from Microsoft Dynamics 365 to introduce a cross-platform “logistics as a service” for retailers, merchants and brands. The companies … Read more
Zuper has raised $13 million in Series A funding for its productivity suite for intelligent field service management and customer engagement. FUSE led the investment, which included Sequoia Capital India, Prime Venture Partners, and HubSpot Ventures. Since its inception, the Seattle-based firm, which provides technology to help manage field service teams, has raised more than … Read more
L&T Technology Services Limited, a leading global pure-play engineering services company, announced that it has been awarded a deal worth USD45 million from a U.S. based automotive Tier 1 company, to be its strategic engineering partner and provide engineering services for its Electric Vehicle (EV) product portfolio. Under the terms of the 5-year agreement, LTTS … Read more
Steadview Capital, Tiger Global, and Dragoneer Investment Group led a $75 million Series D round of funding for wealth management platform INDmoney. INDMoney, which launched in 2019, offers users to keep track of their finances on a single platform and invest in a variety of financial instruments including as mutual funds, fixed deposits, equities, and … Read more
Rooter, a game streaming and e-sports platform, announced on Wednesday that it has raised $25 million (Rs 185 crore) in a Series A fundraising round headed by Lightbox, March Gaming, and Duane Park Ventures. Piyush Kumar and Dipesh Agarwal founded Rooter in 2016. The startup claims to engage fans with user-generated live audio and video … Read more
Sandeep Nailwal, Co-founder of blockchain scalability platform Polygon, raised undisclosed Pre-seed funding for Bliv.Club, a Non-fungible Token (NFT) derivative firm, the company stated in a statement. The company was created in 2021 by Vikas Singh, Abhishek Kumar Gupta, and Mohammed Sirajuddin. Commenting on the investment Vikas Singh, Co-Founder Bliv.Clu said “Our core objective at Bliv … Read more
Bambrew, India’s largest one-stop innovative packaging solution provider as an alternative to single-use plastic, has raised pre-Series-A funding. Blue Ashva Capital and Supack Industries led a $2.35 million investment round. Mumbai Angels and other renowned angel investors took part in the round. The current influx of capital will be used to establish India’s first tech-enabled … Read more
Coinsbit India has just announced to slash all withdrawal and deposit fees across all INR transactions on their platform from 25th December to 15th January. Coinsbit India has just announced to slash all withdrawal and deposit fees across all INR transactions on their platform from 25th December to 15th January. Coinsbit India decided to have … Read more
Verandah, a Mumbai-based line of conscientious luxury resort and swimwear, has raised $1.1 million in a seed fundraising round (about Rs. 8 crores INR). Mike Novogratz (CEO, Galaxy Investment Partners), Neeraj Arora (former CBO, WhatsApp), Lydia Jett (Partner, SoftBank Vision Fund), PDS Venture (PDS Multinational Fashions’ venture tech portfolio), and other prominent financial community members … Read more
Serial entrepreneur Aditya Vuchi, who recently exited his previous company MediaMint in a Rs. 566 Cr. deal, today announced that he has raised seed funding for his latest venture. His newest startup, Doosra, is focused on solving one of the most complex and pressing problems globally – privacy. The round was led by Omidyar Network … Read more
Privoro, a next-gen mobile security hardware company, today announced a $30 million Series B funding led by an affiliate of Tracker Capital Management, LLC (“Tracker Capital”). The round will be used to help the company continue to scale its team, products, and operations to meet demand for its unique hardware-backed mobile device protections. Privoro’s SafeCase™, … Read more
TendedBar, the industry’s first automated bar service, today announced a $5 million Series A funding round that will continue the company’s growth into 2022 and will see TendedBar launch numerous national concert, entertainment and sports partnerships to provide fans exciting access to automation with less time waiting in lines, safer access to drinks and an … Read more
