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FutureTech

WeWork India revenue up 33% at Rs 800 crore in 2021

WeWork India’s revenue increased by 33% to over Rs 800 crore this year and is expected to grow further in 2022 due to increased demand for its flexible workspaces, according to a company official. In an interview with PTI, WeWork India Chief Executive Officer (CEO) Karan Virwani outlined his vision for the company to become a “one-stop shop” for all workspace requirements. In response to the growing demand for flexibility, he stated that the company would expand its portfolio by one million square feet, with a capacity of approximately 20,000…

Healthtech startup Pristyn Care turns unicorn, raises $96 million in Series E

Pristyn Care, a healthtech startup, has raised $96 million in Series E funding at a valuation of $1.four billion, making it a cutting-edge unicorn. This round was led by Sequoia Capital, Tiger Global, Winter Capital, Epiq Capital, Hummingbird Ventures, and Trifecta Capital, in addition to angel investors Kunal Shah, Deepinder Goyal, Abhiraj Singh Bhal, and Varun Alagh. It will use the capital to enhance its services by implementing cutting-edge surgical technologies, expanding into new disorder categories, strengthening and modernising associate-health centre infrastructure, educating its surgeons, and similarly growing its product…

Khatabook to double its employee base

Khatabook, a leading fintech startup, announced on Thursday that it intends to double its employee base in the coming year. The company stated that in 2022, it will continue to strengthen its talent pool by accelerating hiring across engineering, design, product, and data teams. “We are hiring for building and scaling a quality tech platform for India`s MSME. So far, the tech teams have done exceptionally well in successfully deploying Offline support, Compute analytics on large data on the user device, Clean Architecture, advanced AI-enabled risk models, and more,” Gaurav…

Technology professional appointed as TANSIM CEO

The Tamil Nadu government has appointed Thiru Sivarajah Ramanathan as the Chief Executive Officer of TANSIM, also known as Startup TN, marking the mission’s first professional appointment. TANSIM (Tamil Nadu Startup and Innovation Mission) works to transform the state into an innovation-driven economy. TANSIM’s mission is to be a driving force for startups and to create a strong, viable, and vibrant start-up ecosystem that creates jobs and economic growth. “In order to have a dedicated and experienced professional at the helm of affairs in TANSIM, the Government of Tamil Nadu…

This Agritech startup aims to empower farmers with comprehensive solutions

Bharat Krushi Seva is a startup based in Pune that works with farmers from all over India. The startup is committed to digitising the agriculture industry through IOT implementation. They are a leading IT company in the agricultural field, offering an online platform for farmers to choose new technology. Bharat Krushi Seva employs a skilled and certified team of Domain Experts, Agriculture & Agribusiness Consultants, IT Professionals, and Marketing Specialists with extensive experience in their respective fields. Sharayu Lande (Founder and CEO) and Hemant Dhole Patil (Co-founder and COO) come…

WHATSAPP SCAM DOING ROUNDS CAN STEAL YOUR FINANCIAL DATA

Phishing attacks are not unusual on WhatsApp but during the festive season, scammers get more active. One such phishing link is doing the rounds, which lures users with gifts but can rob a person of his personal and financial data if you link on it. It has been reported that the link with Rediroff.ru can infect not only iOS and Android smartphones, but also Windows PCs. The scam has reportedly affected a large number of users on WhatsApp. According to CNBC, the cyber attackers first send a link with the…

Motozite raises undisclosed amount from We Founder Circle

Motozite, based in Gurugram, was founded in 2021 and has raised an undisclosed amount of funding from We Founder Circle. The company is constructing an integrated digital ecosystem to provide luxury car buyers and sellers with a one-stop solution. The startup is attempting to address the current issues of a broken customer journey and the efforts made by a customer to find the right car. Abhinav Verma and Rahul Tiwari, the co-founders, have over 30 years of combined experience in the automotive and management consulting industries. Considering Fund Raising “We…

OneCard raised $75 million in a new funding round

OneCard, a mobile-first credit card company, has raised $75 million in a new round led by existing investor QED Fund. In 2021, the Pune-based company raised $35 million in two tranches in its Series B round led by Sequoia and QED Fund. According to regulatory filings, OneCard’s parent company, FPL Technologies, has approved the allotment of 238 equity shares and 3,26,663 Series C preference shares at an issue price of Rs 17,285.3 per share in order to raise Rs 565.05 crore or $75 million. QED Fund led the round with…

Flipkart to acquire ANS commerce : report says

Flipkart, the world’s largest e-commerce company, has diversified its ecosystem this year with the acquisitions of online travel agency Cleartrip and e-pharmacy marketplace Sastasundar. The Walmart-owned company is on the verge of making another acquisition. According to three people familiar with the matter, Flipkart is in talks to acquire full-stack e-commerce enabler ANS Commerce. ANS Commerce is a full-stack e-commerce enabler that assists brands in selling their products online. It provides brand store technology, marketing, management, warehousing, and fulfilment services. The Gurugram-based startup, founded by Amit Monga, Vibhor Sahare, Sushant…

Fintech startup MetaMap raised INR 530 Cr in series B funding

MetaMap (formerly Mati), a US-based fintech startup, announced on Tuesday that it has raised Rs 530 crore in Series B funding led by Tribe Capital, with participation from Craft Ventures, Alameda Research (FTX), Titan Capital, and prominent angel investors. The new capital brings the company’s total funding to Rs 630 crore, and it will be used to invest in product development and further its international expansion as it pursues its mission of enabling billions of people to gain access to online services and experience upward mobility. The world continues to…