Startup news and updates: daily roundup (November 18, 2022) – DigitalSevaa.Com (Follow us for latest Digital Marketing Trends,Tips,Products and More)

Shiprocket partners with Klub for embedded financing solutions

Revenue-based financing platform Klub partnered with ecommerce enablement platform Shiprocket, . Through this partnership, merchants on the Shiprocket platform will get access to a cohort of capital products that Klub offers, which can go up to Rs 30 crore for a tenure of up to 24 months for brands across every stage of growth.

Commenting on the partnership, Vishesh Khurana, Co-founder at Shiprocket, said,

“Our collaboration with Klub will further enhance our vision to help SMEs and MSMEs merchants and will support our new and existing seller base with flexible working capital which will not only help them with funds and customised financial options but will also increase their reliability and trust in the brand as a one-stop solution for all their operational needs.”

Sudharsan Venkatakrishnan, Vice President, Klub, said, “With Shiprocket and Klub working in tandem, our platform aims to disburse Rs 50 crore to Shiprocket merchants in the next three months. We are excited to add another marquee partnership cementing our position as the largest embedded platform for digital merchants.”

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ISRO launches Vikram-S, India’s first privately-built rocket

Flipkart expands its electric vehicles selection with new range of EVs from Okaya

Ecommerce marketplace Flipkart expanded its electric vehicles selection with the launch of Okaya range of electric vehicles on its platform.

Rakesh Krishnan, Senior Director, Two-Wheelers, Automobile, and Electronics at Flipkart, said, “We are excited to have recently launched our two-wheeler category to democratise the rapidly evolving industry. Our aim is to offer a wide selection of multi brand two-wheelers across vehicle types with a 15-day delivery promise which is a first in the industry along with a paperless and affordable purchase experience. We are excited to make available Okaya’s range of EVs as we look to fulfill the evolving EV requirements of our customers across the country.”

Anshul Gupta, Director, Okaya EV, said, “With Flipkart’s deep understanding of customer needs and their industry-best affordability programmes, we are hopeful of significantly expanding our reach among customers and bringing customer delight with a 15-day guaranteed delivery.”

Biconomy launches SDK to simplify transactions

Biconomy launched a software development kit (Biconomy SDK) to help developers build easy-to-use decentralised applications (dApps).

Biconomy SDK offers time-saving features such as reducing multi-step transactions into one-click interactions, smart contract wallets, and a gasless and chainless experience.

“Biconomy was built with the next billion Web3 users in mind and we are fulfilling this goal by meeting developer and user needs. From gasless to one-click transactions, we are making sure engaging with Web3 feels second nature and as easy as signing your name,” said Ahmed Al-Balaghi, Co-founder of Biconomy.