Donald Trump’s own social media platform TRUTH will be launched in Feb 21st 2022

Former US President Donald Trump is set to launch his own social media platform, Truth Social, on February 21. After being found guilty of inciting violence against the Capitol Hill building, Trump was barred from using any social media platform. Trump will reconnect with his fans on his own social media platform after a hiatus from social media. The Truth Social app is already available on the App Store. The Trump Media & Technology Group (TMTGTruth )’s Social is similar to Twitter. According to the app’s demo photos, the app…

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AI powered fitness app Fitelo aims to increase revenue to 250 cr in 3 years.

Fitelo, a fitness technology app, hopes to increase its revenue to Rs 250 crore in three years as consumers increasingly use technology for their health and wellness needs. The platform has grown exponentially in the last two years, serving 15,000 clients with a team of 65 people. Fitelo claims that its content reaches five million people monthly and that it aims to become the world’s largest weight loss app this year. “In the next five years, we envision Fitelo to be the one-stop solution for people planning to embrace the…

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Whatsapp working on a new feature : all you need to know

WhatsApp is working on displaying photos in message notifications so that users can see the profile image of a contact next to the message, which is currently not possible on iOS or Android. Initially, this feature will be available only to iOS Beta testers who are running iOS 15 and have updated WhatsApp to version 2.22.1.1. WhatsApp has released the first update to its platform in 2022, which is a visual feature. WhatsApp, the instant messaging app, has been testing in its beta version for iOS mobiles that when you…

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Geniemode raised $7 million in a new funding round led by Edge Ventures

Geniemode, a global B2B cross-border e-commerce company, has raised $7 million (approximately Rs 52 crore) in funding led by Info Edge Ventures. This new funding comes just four months after the company received a $2.25 million seed round. According to the company, the new capital will be used to scale the company’s tech platform, expand geographically, increase its design capability, and expand the platform’s buyer and vendor base. The company is a rapidly expanding B2B e-commerce startup, with buyers in the United States, Latin America, the United Kingdom, the European…

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Startups have created 6.5 lakh jobs till now : says Anurag Jain

Anurag Jain, Secretary of the Department for Promotion of Industry and Internal Trade (DPIIT), stated on January 6 that government-registered startups have created up to 6.5 lakh jobs in the country. Since 2016, when the flagship digital initiative was launched, the DPIIT has recognised over 60,000 startups, making India the world’s third-largest startup ecosystem. “The figure comes to 11 jobs per startup. The startup revolution is transforming our country from a nation of job seekers to job givers,” said Jain. The government had earlier based the number of jobs created…

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India Quotient invests in former partner’s hair care startup Zemé Fresh

India Quotient, along with the founders of social network ShareChat and online fashion brand FabAlley, has invested in hair care startup Zemé Fresh, which was founded by Prerna Bhutani, a former partner of the venture capital firm. Zemé (pronounced zay-may) sells shampoos and conditioners that are “made from herbs and fresh kitchen ingredients – not extracts – without any artificial chemicals or preservatives,” according to the company’s website. The company’s products must be refrigerated, just like fresh produce. Bhutani did not reveal the amount raised, but stated that the funds…

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RIL Digital Health invests in health tech startup Karkinos Healthcare

Reliance Digital Health has invested in the onology-focused managed healthcare platform Karkinos Healthcare for an undisclosed amount, according to a statement released by company Other major angel investors in the start-up, which is backed by Ratan Tata personally and the Tata Group, include Venu Srinivasan, Kris Gopalakrishnan, Ronnie Screwvala, Vijay Shekar Sharma, and Bhavish Agarwal. Rakuten Medical, a global clinical stage biotechnology firm based in San Diego, California, also has a minority stake in it. The Tata Group recently invested Rs 110 crore in this technology-driven oncology-focused managed healthcare platform,…

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Groyyo raises $4.6M led by Alpha Wave Incubation

Groyyo, a B2B manufacturing startup, announced on Monday that it has raised $4.6 million in a seed round led by Alpha Wave Incubation (AWI). Groyyo, which was founded in July 2021, has been working with MSMEs throughout South Asia. Within six months of its inception, the company claimed to have empowered more than 200 manufacturers across South Asia by maximising their potential. The latest funding, it added, will help it build teams across key manufacturing clusters in South Asia, as well as expand its presence in the United States and…

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Dunzo  raises $240 mn in  RIL  arm-led round

Reliance Industries Ltd’s retail arm has acquired a 25.8 percent stake in Google-backed hyperlocal delivery startup Dunzo, extending billionaire Mukesh Ambani’s presence in the fast-growing grocery delivery market. Reliance Retail has made a $200 million investment in Dunzo as part of a $240 million funding round in the Bengaluru-based company. Existing investors Lightbox, Lightrock, 3L Capital, and Alteria Capital joined the round as well. In a statement issued on Thursday, Dunzo stated that it intends to use the new capital to accelerate instant delivery of essentials from a network of…

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