Used two-wheelers marketplace CredR plans to invest $15M next fiscal to expand operations

CredR, an omni-channel platform for buying and selling used two-wheelers, on Tuesday said it plans to invest $15 million (around Rs 110 crore) in the upcoming financial year to expand…

Continue ReadingUsed two-wheelers marketplace CredR plans to invest $15M next fiscal to expand operations

[Funding alert] Insurtech platform Turtlemint closes $46M Series D round with funds from Jungle Ventures

Mumbai-based online insurance platform Turtlemint on Tuesday said it has raised a fresh round of growth financing from Singapore-based Jungle Ventures, bringing its Series D fundraise to $46 million. The funds will…

Continue Reading[Funding alert] Insurtech platform Turtlemint closes $46M Series D round with funds from Jungle Ventures

[Funding alert] Gurugram logistics startup Ecom Express raises $20M from CDC Group

CDC Group — the UK Government’s development finance institution and impact investor in South Asia and Africa — on Tuesday announced it has invested $20 million in Ecom Express —…

Continue Reading[Funding alert] Gurugram logistics startup Ecom Express raises $20M from CDC Group

[Funding Alert] Nazara-backed NODWIN Gaming raises Rs 164 Cr from PUBG developer Krafton

NODWIN Gaming, a subsidiary of Nazara Technologies, has raised Rs 164 crore (approximately $22.5 million) from Krafton, the South Korean developer of PUBG.NODWIN Gaming plans to utilise these to accelerate…

Continue Reading[Funding Alert] Nazara-backed NODWIN Gaming raises Rs 164 Cr from PUBG developer Krafton

Fintech startup Intellect launches AI-powered Aadhaar processing solution

Chennai-based financial technology company Intellect Design Arena on Monday announced the launch of Magic Aadhaar, an artificial intelligence (AI)-powered Aadhaar processing solution for companies.The AI solution used to identify, extract,…

Continue ReadingFintech startup Intellect launches AI-powered Aadhaar processing solution

10,113 companies voluntarily shuttered operations during April 2020-February 2021

Over 10,000 companies were shut down voluntarily in the country from April 2020 till February this year, also a period when the coronavirus pandemic and subsequent lockdowns had significantly disrupted…

Continue Reading10,113 companies voluntarily shuttered operations during April 2020-February 2021

OnePlus to invest $150M on camera development, inks partnership with Hasselblad

Premium smartphone maker OnePlus on Monday said it plans to invest more than $150 million over the next three years to further build its mobile imaging capabilities to enhance the…

Continue ReadingOnePlus to invest $150M on camera development, inks partnership with Hasselblad