Signal now allows up to 40 people to participate in a group video conference. Despite the increased number of call participants, the messaging app says that the platform assures that all communication is end-to-end encrypted. Signal said it uses “Selective Forwarding” technology, which allows calls to be routed through servers that transfer the call’s contents to other participants without sacrificing privacy. It’s presently being rolled out to Signal’s Android and iOS versions. “We launched group calls using a modified version of one of them, but shortly found that even with…
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Fintech startup Uni closes $70 Mn Series A round
Fintech startup Uni has raised $70 million in a Series A round led by General Catalyst, making it one of the largest Series A investments in the country. Eight Roads Ventures, Elevation Capital, Arbor Ventures, and current investors Lightspeed and Accel also participated in the round. In October of last year, the Bengaluru-based startup raised $18.5 million in its first investment round, led by Lightspeed Ventures India and Accel Partners India. The company has raised $88.5 million to date. According to Uni, the funds will be used to expand the team,…
Read MoreGupshup introduced Whatsapp based commerce solution
Gupshup, a conversational messaging startup, has launched a WhatsApp-based commerce solution that allows businesses to construct a digital “storefront” on the platform. Conversational journeys can be enabled at every point of the buying process, including pre-purchase, purchase, and post-purchase. “As one of the earliest Solution Provider partners of WhatsApp, we have already helped thousands of businesses across the world go live on WhatsApp Business. Our knowledgeable sales and solutions teams, along with a network of global partners, help businesses accelerate their digital transformation,” explained Ravi Sundararajan, COO, Gupshup. “We are…
Read MorePublishing house Meta’s instagram handle vanishes from the platform mysteriously
Mark Zuckerberg’s social networking app, Facebook, had a one-of-a-kind name when he started it. However, Zuckerberg’s choice to bring Meta into the picture this time proved to be problematic for companies with the same name. After Facebook unveiled its new identity, a small time Instagram publisher with the moniker Meta unexpectedly vanished from the platform. Quartz was the first to report on the incident. An Instagram account with the same name existed long before Facebook changed its name to Meta. The account belongs to the same-named small-time magazine, which primarily…
Read MoreGoogle chrome is to enhance user shopping experience with a new feature
Google Chrome is getting a slew of new features that will make online shopping more enjoyable. Users may now use the browser to keep track of the things they’ve been eyeing. Google Chrome will now notify users when the prices of things they want drop. The feature is already being rolled out to users in the United States. Only Android users will be able to use the feature. The capability will be available to iOS users in the coming weeks, according to Google. The new “Track Prices” tool will notify…
Read More2 lakh jobs generated by Indian start-ups in 2021 : Govt says
Indian start-ups recognised by the Department for Promotion of Industry and Internal Trade (DPIIT) have created 1,92,427 jobs so far in 2021, the most in four years as per Union government. In the last four years, about six lakh jobs have been created, according to the report. The number of jobs created by “DPIIT-recognized startups” in 2018 was 93,527, an increase compared to the previous year. According to official data, job creation increased from 1,42,646 in 2019 to 1,69,724 in 2020, despite the pandemic outbreak. As of December 8, DPIIT-recognized…
Read MoreStartup events accelerate the overall growth of the startup ecosystem
Kerala Start-up Mission selected nine startups for funding at a two-day event targeted at increasing core female engagement in various businesses. The Kerala Startup Mission (KSUM) announced a grant of Rs five lakh each to Beena P S (OmicsGenLifeSciences), Sonia Mohandas (Waterchips Techno Solutions), Mariyam Vidhu Vijayan (Crink), Sunitha Faizal (Celebees Technologies), Nimisha J Vadakkan (Acemoney), Nisary Mahesh (Hubwords), Ashwathy Venugopal (Avasar (Nanograph). Dr Usha Titus, IAS, CMD of the Additional Skill Acquisition Program, inaugurated the hybrid meet on Wednesday (retd). “Women should not wait for concessions; instead they must…
Read MoreINDIAN SaaS startups making it big
Several bulge-bracket Software-as-a-Service (SaaS) agreements are expected to close in the coming months as risk investors continue to encourage Indian cross-border enterprises that are developing solutions that attract international clients. Chargebee, which has offices in both India and the United States, is in talks to raise new financing at a valuation of $3-3.5 billion, more than double its previous valuation. Chargebee, which helps firms with billing, subscription, and revenue management, is expected to be backed by existing investors Tiger Global and Sequoia Capital. San Francisco-based healthcare SaaS Company, Innovaccer is…
Read MoreAlphalogic Techsys will be the first company to move from the BSE Startup Platform to the BSE Mainboard.
Alphalogic Techsys Limited, a Pune-based boutique software consulting firm, is slated to become the first startup to move from the BSE Startup Platform to the BSE Mainboard. The date of the listing is set on December 16, 2021. In September 2019, Alphalogic Techsys became the first startup to list on the BSE Startup Platform. In August 2019, Alphalogic Techsys Ltd held an initial public offering (ipo) to attract capital. Alphalogic Techsys’ stock has returned 212 percent to investors since its initial public offering in September 2019. On Tuesday, the shares…
Read MoreFormer Twitter India head to leave the company and start his own EdTech startup
Former twitter India head manish maheswari to launch Edtech startup Maheswari announced in a series of tweets that he is leaving twitter Manish Maheshwari, the former head of Twitter India who moved to a bigger role at the company’s headquarters in the United States (US) amid the political backlash over account removals earlier this year, confirmed on Tuesday that he is leaving the microblogging platform – now led by new CEO Parag Agrawal – to start his own education technology company. Maheshwari said in a series of tweets that he…
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