LetsVenture, an early stage platform for investors and founders has established a new program called Women Founders Network (WFN) for women entrepreneurs in India to help build and run disruptive startups. The announcement follows the firm’s launch of the Women Investor Network (WIN) in 2021, which saw over 100 women from various backgrounds participate in the last year, including entrepreneurship, finance, marketing, engineering, finance, and more. “LetsVenture plans to onboard about 1000 women founders and investors on the platform in the next one year’s time through this initiative,” the release said. “Last…
Read MoreBlog
Edtech startup Infinity Learn acquires Don’t Memorise
Infinity Learn, the edtech startup of the Sri Chaitanya group, has purchased Don’t Memorise, a concept-based multilingual content platform, for an unknown sum. Don’t Memorise, which was founded in 2014, focuses on the K-10 market, specifically grades 6 to 10, and develops math and scientific material in English, Hindi, Marathi, and Bengali. Mumbai-based Don’t Memorise claims to have 2.6 million YouTube subscribers and over 250 million views. “While the organic growth continues to be strong for Infinity Learn, inorganic routes including acquisitions, is another pillar for growth and expansion. This…
Read MoreWomen entrepreneurs leading India’s billion dollar startups
Four of the 44 Indian startups that became unicorns last year were run by women. Although the number appears modest at first glance, it is significantly greater than the two companies that made the list in 2020. To make matters even better, in the first two months of 2022, four female-led businesses have already joined the unicorn club. Mamaearth by Ghazal Alagh, Hasura by Rajoshi Ghosh, LEAD School by Smita Seorah, and Pristyn Care by Dr Garima Sawhney are among the names on the list. In startup jargon, a unicorn…
Read MoreB2B logistics tech platform Oorjaa raises Rs 9 crore led by Inflection Point Ventures
Oorjaa, a technology-enabled platform for the Intra-City logistics industry, announced today that it has raised Rs 9 crore in a pre-Series A fundraising round headed by Inflection Point Ventures in a business-to-business (B2B) logistics company. According to the statement, a number of high-net-worth individuals (HNIs) participated in the round, both personally and through Vinners’ angel investment platform. Sandeep Patil, Prashant Mohite, and Yogesh Parab launched Oorjaa in November 2019. “Our experience of interacting with IPV has been very fulfilling with complete handholding during the entire process. Their quality of diligence…
Read MoreAI-driven beauty startup CureSkin raises $5M to grow its technology platform
CureSkin, a Bengaluru-based artificial intelligence-driven beauty and personal care company, has raised $5 million in a fresh round of funding to extend its technological platform by expanding its customer base and expanding into adjacent categories. Sharrp Ventures, SenseAI, and other previous investors joined JSW Ventures in leading the new series A investment. CureSkin’s platform, which was founded in 2017 by two ex-Google workers Guna Kakulapati and Rama Rajanna, as well as doctor Charu Sharma, uses AI technology to accurately diagnose users’ skin ailments and offer a customised treatment kit and…
Read MoreGoogle reaches new deal with French newspapers on licensing rights
Google and a trade group representing almost 300 French newspapers have achieved a new agreement on content publishing rights, the two parties announced on Thursday. According to a joint statement, the agreement indicated that negotiations on how much to pay publications for utilising their material in Google search results, which began in September, were successful. In January, Google and the French publishers’ lobby announced that they had reached an agreement on a copyright framework that would allow the US internet giant to pay news publishers for online content, paving the…
Read MoreGovernment’s WhatsApp chatbot to become a one-stop-destination to access official documents
The government’s WhatsApp chatbot, which was launched last year to schedule vaccination appointments and get inoculation certificates, will now serve as a one-stop destination for a range of official documents. Citizens will be able to download their driver’s licence, income tax certificate, or PAN card instantly via WhatsApp. According to officials, the pilot project has already been put out for testing. The WhatsApp chatbot interface will provide access to documents stored on a citizen’s DigiLocker. The name of the MyGov Corona Helpdesk has been changed to MyGov Helpdesk to reflect…
Read MoreTaqanal Energy raises Rs 9.50 crore in a pre-series round
Taqanal Energy, a provider of cloud-connected smart modular battery energy storage solutions for the electric vehicle market, has announced a pre-series round of funding of Rs 9.50 crore. JITO Angel Network, KITVEN, Lets Venture, and Wellingdon Advisors are among the investors. The company’s mission is to break down barriers to EV adoption and speed up the switch to electric vehicles. Taqanal Energy’s Intelligent Energy Storage Management System is enabling the transition from fossil fuels and internal combustion engines to electric automobiles. The power of embedded intelligence in the battery is…
Read MoreIndia is in the crosshairs of cyber-attacks
India is dealing with sophisticated cyber problems as a result of growing digital adoption across industries, which has resulted in higher digital traffic. According to a recent cyber threat report published by Sectrio, the cyber security division of IT services firm Subex, India will face cyber attacks in 2021 not only on its critical infrastructure and digital financial systems, but also on the numerous small businesses that have gone online since the Covid-induced lockdowns. India is also progressively defending itself against state-sponsored malware attacks such as Chinese Double Dragon (APT…
Read MoreWhatsApp is working on group polls feature
WhatsApp is said to be working on a number of new features, including message reactions and a new community page. According to WaBetaInfo, the messaging platform is considering introducing a group polling tool for its customers. In India, WhatsApp is widely utilised, therefore this would be a beneficial addition. Platforms such as Telegram and Twitter already allow users to create polls that allow them to vote on a specific issue and see the results immediately. According to the referenced source, WhatsApp will allow users to create polls by typing in…
Read More