Yubi acquires retail credit analytics company FinFort
Yubi, a unified credit platform, has acquired a 100% stake in FinFort Infotech LLP, a digital credit analytics company for the retail segment. This move will aid Yubi in further solidifying its position as a key player in the credit industry while expanding its product suite and enhancing its capabilities.
Through this acquisition, FinFort will collaborate with Yubi’s subsidiary, Corpository, a SaaS-based credit analytics platform, which provides access to a wide range of public information sources, including MCA, court records, and tribunals.
The acquisition also brings on board Gaurav Kumar, Founder and CEO of Yubi, and Aniket Shah, CEO of Corpository, as designated partners of FinFort Infotech LLP. Their extensive experience in the credit and investment space will contribute to FinFort’s commitment to delivering innovative solutions to its clients.
Ampverse and DMI Finance form joint venture to unleash the power of esports in India
Gaming ecosystem Ampverse and DMI Finance, the non-banking financial company of the DMI Group, have formed a joint venture to co-develop esports intellectual properties (IPs), as well as data-driven, tech-enabled products and services for gamers.
Through this partnership, Ampverse will bring its expertise in gaming communities and IP, tech-enabled marketing solutions, and DMI Finance will leverage its prominent position in the digital consumer, MSME finance, and asset management across India.
According to a report by Maple Capital Advisors, the Indian esports market is projected to grow to $1.1 billion by 2025. As such, the joint venture between Ampverse and DMI Finance is expected to create a dynamic and engaging gaming experience for players and fans across the country.
IT Madras and WayCool Foods come together to bring regenerative agriculture tech stack to farmers
WayCool Foods, a food and agri-tech platform, has joined hands with IIT Madras (IITM) to expand the offerings for farmers under IITM’s RASA (Regenerative Agriculture Sustainable Architecture) tech stack.
Through this partnership, WayCool Foods will use its deep knowledge and on-ground expertise to further enhance the agri-stack by providing innovative agri-focused solutions for seeding and expansion of the RASA stack, along with providing its domain knowledge of the agri supply chain–from soil to sale and further strengthen the design and structuring of the agri-stack.
The MoU will help the farmers by guiding them toward a sustainable model of agriculture.
IIT Madras developed and built The RASA Tech Stack in 2022. The tech stack will aid the farmers in monitoring and fine-tuning the entire farm-to-kitchen cycle, including pre-cultivation, cultivation, harvest, storage/shipment, marketing, and payment.
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