You are currently viewing Startup news and updates: Daily roundup (May 20, 2024)

Startup news and updates: Daily roundup (May 20, 2024)


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Zeeve RaaS Partners with Memento for the Launch of their zkSync Layer2 Hyperchain

Zeeve RaaS has partnered with Memento as their preferred Rollups-as-a-Service provider for the new L2 Hyperchain, aiming to enhance institutional finance and welcome the Memento community to the Zeeve RaaS ecosystem.

Memento is launching a new Hyperchain to provide a secure, customised, and controlled blockchain environment for institutional players. Hyperchain uses zkSync’s advanced ZK technology and recursive proofs to address scalability issues, enabling trustless Layer2 chains for low-cost, scalable payments, bridging the gap between traditional finance and blockchain-based future.

<figure class="image embed" contenteditable="false" data-id="545012" data-url="https://images.yourstory.com/cs/2/6c7d986093a511ec98ee9fbd8fa414a8/ZeeveXmementoZeeveXEtherspot1-1716186655774.png" data-alt="Zeeve RaaS Partners with Memento" data-caption="

Zeeve RaaS X Memento

” align=”center”>Zeeve RaaS Partners with Memento

Zeeve RaaS X Memento

Zeeve RaaS will assist Memento in deploying and managing their Layer2 Hyperchain, powered by zkSync ZK Stack, from a testnet to the mainnet, providing a comprehensive suite of tools and integrations for streamlined deployment, management, and user onboarding, as an infrastructure partner.

Om Logistics Launches RapidShyp

Om Logistics, a B2B logistics company, is launching RapidShyp, a Direct-to-Consumer (D2C) shipping venture, leveraging its three-decade-long expertise to redefine shipping industry standards.

RapidShyp, a shipping aggregator with extensive experience across the supply chain, aims to revolutionise D2C shipping by offering efficiency, reliability, and customer satisfaction, leveraging Om Logistics’ expertise.

It offers advanced, cost-effective shipping solutions for eCommerce sellers, catering to businesses of all sizes and stages of growth. It integrates advanced technology, logistics capabilities, and industry-leading expertise to optimise shipping operations and improve customer satisfaction.

ION Exchange introduces QubeHealth-Pay to revolutionise employee healthcare benefits

ION Exchange Ltd, a water and environment management solution company with 3,000 employees, has introduced a unique healthcare benefit for its employees.

The partnership will offer exclusive access to QubeHealth-Pay, a healthcare payments app that provides instant cashback on medical bill payments, reducing the financial burden of healthcare expenses for employees and their dependents.

It will also offers employees a healthcare credit facility equivalent to their group health insurance coverage amount, providing a financial buffer to pay non-cashless bills at hospitals that don’t offer cashless payment facilities. This credit facility is extended to employees and their family members at zero interest or fees, and the employee can repay the non-cashless bills at no cost once their health insurance claim reimbursement is processed.


Edited by Affirunisa Kankudti



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