You are currently viewing Startup news and updates: Daily roundup (February 19, 2024)

Startup news and updates: Daily roundup (February 19, 2024)


Funding news

Kanlet raises $400,000 in pre-seed funding round

AI sales-driven platform Kanlet has raised $400,000 in a pre-series funding round led by Suvan Ventures. The funds will be used towards product development, sales and marketing, as well as talent acquisition, the company said in a statement.

“In two years, we believe that relationships, intent, personalisation, and automation at scale will be a regular part of how companies go to market and we want to enable this outcome,” said Satish Patil, Founder of Kanlet.

Crib invests $1M in Crib Plus to bolster housing market

Proptech firm Crib will be investing about $1 million into the development of Crib Plus—a new version of its app that will cater to the needs of large-scale student housing and co-living brands. Crib currently has about 1,000 landlords that use its services, the company said in a statement.

“We realised that the enterprise customer managing over 1,000+ tenants have a more comprehensive expectation from their property management tool like Detailed Financial Reporting, Business Analytics, sophisticated workflows like Asset Management, Visitor/Parcel Management, Expense Management along with personalised customisations &andintegrations. We are building Crib Plus to satisfy these,” said Shaifali Jain, Co-founder and CPO, Crib.

Other news

Misinformation, Combat Alliance partners with Meta to curb AI-generated misinformation

The Misinformation Combat Alliance (MCA) and Meta are working on launching a dedicated fact-checking helpline on WhatsApp to combat deepfake videos which may deceive people on matters of public importance and help people connect with verified and credible information, the companies said in a statement.

Through this helpline, users will be able to flag deepfakes by sending them to a WhatsApp chatbot which will offer multilingual support in English, Hindi, Tamil, and Telugu, the companies added.

(This copy will be updated with the latest news throughout the day.)


Edited by Kanishk Singh



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