Ola’s Co-founder Ankit Bhatia invests in Edtech startup Winuall

Bengaluru headquartered edtech startup Winuall has raised undisclosed amount of funds from Ola’s co-founder Ankit Bhatia and Nitin Gupta – Head of Eng, Milkbasket. Clutch of angel investors also participated in the funding round but their names were not disclosed. The startup said that it will use the capital infusion for ramping up the business and…

ByGirish ShettiMay 18, 20200Comments

Not Just Startups

Ubereats-Grubhub deal bad for consumers, US Senator claims – Top Trending News

1 US senator claims Ubereats-Grubhub deal is bad for consumers Image Source: Flickr.com US senator Amy Kolbuchar on Sunday took to his Twitter account to express his displeasure on the ongoing merger talks between Ubereats and Grubhub. Kolbuchar, an influential democratic senator, claimed that a big company (Uber) cornering a small company essentially spells…

ByGirish ShettiMay 18, 20200Comments

Funding News

Jio’s Fundraising Spree Continues, mops up Rs 6,598 crore from General Atlantic

Reliance Jio on Sunday announced that it has raised INR 6,598 crore from equity investment firm General Atlantic. The fresh investment values Jio platforms at Rs 4.91 lakh crore on equity basis and Rs 5.16 lakh crore on enterprise basis. Image Credits: Flickr The Trendz Journal The latest round marks Jio’s fourth fundraising deal during the last…

ByGirish ShettiMay 17, 20200Comments

News

To Cope with COVID-19 Impact, Zomato to furlough 13% of its Staff

With nationwide lockdown severely impacting the restaurant business, it was but natural that the businesses of foodtech majors like Zomato and Swiggy will face a huge brunt. Therefore it did not come as a huge surprise to anyone when Zomato on Friday announced that it will lay off nearly 13% of its workforce. Image source: Flickr The…

ByGirish ShettiMay 15, 20200Comments

News

Paytm Payments Bank starts ‘Cash at Home’ facility for senior citizens in Delhi NCR

Paytm Payments Bank Ltd on Friday announced the launch of ‘Cash at Home’ facility for senior and differently-abled citizens. This initiative will be exclusively run in the Delhi NCR region and is specifically aimed to protect senior and differently-abled citizens from coronavirus. Image Courtesy: Paytmbank.com The newly launched service will enable them to raise cash withdrawal requests…

ByGirish ShettiMay 15, 20200Comments

News

Paytm confirms the resignation of Paytm Money’s CTO & Operations Head

A report published on a leading news portal on Wednesday had claimed that Paytm Money’s CTO Suresh Vasudevan and Operations head Beejish Pillai have put down their papers. The latest news of another high profile exit from Paytm Money has emerged almost a month after media reports claimed that Paytm Money’s CEO Pravin Jadhav has…

ByGirish ShettiMay 14, 20200Comments

Not Just Startups

Your Uber Rides are going to Change Big Time – Top Trending News

Here are the top trending news from the world of Technology 1 Starting May 18, Uber Rides are going to Change Big Time As the world braces for the post lockdown period, Uber is all set to make sweeping changes in its ride-hailing and food delivery apps. These changes will come into…

ByGirish ShettiMay 14, 20200Comments

News

Acko files Cybercrime case against two of its former employees

Acko Technology, which operates online insurance portal Acko General Insurance, has filed a cybercrime case against two of its former employees. According to Economic Times, Acko Technology has alleged these employees of stealing confidential information pertaining to their company and used the same for setting up a competing business. The complaint has been filed with…

ByGirish ShettiMay 13, 20200Comments

News

Unacademy Expands its ESOP Pool for second time this year

Image Source: Blog.unacademy.com While national lockdown has virtually eroded the businesses of all the startups, edtech startups are proving to be an exception during these tough times. They are witnessing a huge surge in their online traction as lockdown has literally shut down all educational institutes and has propelled students towards online education platforms. Facebook backed Unacademy…

ByGirish ShettiMay 12, 20200Comments

Featured Startups

Recogni’s Object Recognition System is All About Making Automated Vehicles a Reality

Company: Recogni Inc. Industry: Automated Vehicle Industry Year of incorporation: 2017 Headquarter: San Jose Funding: Raised $25 Mn in series A financing round in 2019 Co-Founders: RK Anand, Ashwini Choudhary, Eugene Feinberg, Valerie Chan, and Gilles Backhus Although fully autonomous vehicles are still treading in the realm of human imagination, the line between reality and imagination is blurring and is blurring…

ByAnkit KumarMay 11, 20200Comments

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