AI_startup

Indian AI startups continue to march ahead as Racetrack raises $5 million

AI startup Racetrack raises $5 million. Barely days after Artificial Intelligence (AI) startup Antworks raised $15 mn, another AI startup has joined the fundraising list. This time it is Bengaluru based startup Racetrack, which has raised $5 million from clutch of high net-worth individuals (HNIs). However, names of these investors have not been disclosed. Racetrack uses the…

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Freshworks_funding

Freshworks’ inspiring Journey: From unassuming Chennai apartment to Unicorn club

Freshworks’ becomes latest entrant in the unicorn club. On Tuesday afternoon Chennai based startup Freshworks (previously known as Freshdesk) achieved an important milestone, but the milestone though was cheered by all it did not evoke any big surprises among the industry people. After all, Freshworks elevation to the coveted unicorn club was a forgone conclusion. The…

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Fintech_MSME

How Fintech startups become messiah of the MSME sector?

Today MSME sector is increasingly looking towards Fintech startups to solve their credit problem. For several decades MSME (Micro, Small and Medium Enterprises) cut out a very sorry picture.  While banking sector’s unapologetic apathy towards MSME’s credit needs was partly unjustifiable, what was really worse was financial community turning a complete blind eye to MSME’s magnanimous…

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Digit-Insurance

Bengaluru based insurance startup Digit Insurance raises $44 Mn from Fairfax

Digit Insurance raises $44 Mn from Fairfax. Insurance startup Digit Insurance has secured $44 Mn (INR 302.6 Cr) from existing investor Fairfax Holdings. This is a second funding round for the Bengaluru headquartered startup. FairFax has also invested $1 Mn in Digit’s parent company Digit Infoworks, taking the total fundraising amount to $45 Mn. Following the latest…

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Smart-contracts

Smart Contracts: Technology that has Potential to bring Unprecedented Revolution

Smart Contracts holds several advantages over traditional contracts. With debate over the potential of blockchain technology continuing to rage, there is another technology closely associated with blockchain that is equally generating great excitement amongst the tech community. This technology is called ‘smart contract.’ If you happen to be a blockchain fan or regularly perform crytopcurrency transactions…

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