Author: News Desk
https://youtu.be/MXJxau3Agsg Finsall’s fundingFinsall, an insurance-focused fintech platform, has raised Rs 12 crore in a pre-series A-round. The funding was organised from its existing backers, comprising Unicorn India Ventures and SEA Fund. The funding meet was organised under the fund of funds scheme of the KSUM.Multi-lender platformFinsall serves as software that facilitates the easy payment of insurance premiums in instalments. It has built a multi-lender platform for banks and NBFCs to enable lending at affordable scales. The firm is incubated under Kerala Startup Mission.
Reno 7 seriesOPPO has successfully conducted a 5G standalone and non-standalone network trial in collaboration with Reliance Jio. The ultra-fast and low-latency 5G trial on Reno7 Series was successfully concluded in a demo set-up.The results showcased lag-free 4K video streams, super-fast uploads and downloads, the company said in a statement.”Technology such as 5G is altering how the world communicates today and tests like these will further consolidate our efforts in the industry and provide the best value proposition for our customers,” Tasleem Arif, Vice President, India R&D Head, OPPO India, said in a statement.The 5G connected Reno7 device was able…
https://youtu.be/i9EJ4gV0dD4 Pioneer of Venture Capitalism in IndiaVani Kola is a popular Indian Venture Capitalist and an entrepreneur. She is the founder and CEO of Kalaari Capital, a venture capital firm based in Bangalore, India. Kalaari Capital is India’s leading investor in early-stage businesses, who take care of the entrepreneurs under them throughout every aspect of growth and lead them to success.Vani- The mother of Venture CapitalismVani Kola, also known as the mother of venture capitalism in India, is widely appreciated for guiding budding entrepreneurs and her focus is mainly on technology companies in India. Vani raised approximately $650 million and holds…
https://youtu.be/imaNS18fxVQ Plant-based meat brandBlue Tribe is a homegrown plant-based meat brand. Its products are made with pea, soyabean, lentils, grains, and other protein-dense ingredients. The firm sells plant-based chicken momos, nuggets, and sausages, among other products. It has onboarded Anushka Sharma and Virat Kohli as investors and brand ambassadors. Celebrity investorsThe brand has rolled out a video featuring the new brand ambassadors talking about their association. “Our products will taste, look, feel and cook exactly like meat,” Sandeep Singh, co-founder, Blue Tribe, said.“We hope that more people would like to help the planet and the life on it,” Anushka Sharma said.
https://youtu.be/cbn6OsiDXng India has the third largest number of unicorns in the worldIndia is third behind, the US and ChinaIt is estimated that there are currently 86 unicorns in IndiaDPIIT has approved more than 61,400 startups in the countryThe number of new approved startups will reach 14,000 by 2021-22In 2016 it was 733. Before 2014, there were only 500 startups in the countryDelhi has become the startup capital of India beating BengaluruIn 2021, at least one new startup was started in 555 districtsIn 2016-17, at least one new startup was founded only in 121 districts
No underlying value Reserve Bank of India Governor Shaktikanta Das has said that cryptocurrencies have no underlying value and are a threat to financial stability. “Investors in cryptocurrency should keep in mind that they are investing at their own risk. They should also keep in mind that the cryptocurrency has no underlying, not even a tulip,” the Reserve Bank of India chief said. He was referring to the Dutch tulip bulb market bubble in the 17th century. Das’s comments come days after the Indian government removed uncertainty about the legal status of crypto trading. In the union budget speech on…
Start own plant in india Union Roads and Highways Minister Nitin Gadkari has said that Tesla is welcome in India but manufacturing in China and selling in India is “not a digestible concept”. He said there has been an interaction with the India head of Tesla recently to convince them to set up their own plant here given the country is a huge market. The senior BJP leader was speaking in an interview with CNN News 18 channel. Many states had openly invited Tesla to open its manufacturing unit after Elon Musk’s tweet last month about Tesla facing problems in…
GoodFellows, a unique firmThis is the age of startups. There are various technology and service startups in the country. But GoodFellows, a startup that is a little different in this range. Goodfellows is a companionship company. Goodfellows is a unique non-profit start-up that holds the umbrella for friendships between generations. Although loneliness can be felt at any age, the loneliness and psychological problems faced by a large section of the elderly in the country need to be specially assessed. Good fellows are coping with this loneliness.Shantanu Naidu, Ratan Tata’s Business Assistant and Founder of Goodfellows, says his entrepreneurial journey began…
https://youtu.be/gpIYbXvsrZo Metaverse bandwagonSouth Korean gaming company Krafton is known for games such as PUBG Mobile and Battlegrounds Mobile India. It has jumped on to the Metaverse bandwagon with a virtual human modelling business. It will focus on building realistic virtual avatars that will be used inside games.Digital avatar of humansThe firm will leverage hyperrealism character production technology to create digital avatars of humans. It will also tap into artificial intelligence, text-to-speech, speech-to-text, and voice-to-face options. Krafton CEO CH Kim had said the firm will actively leverage new technologies.This will offer unique experiences to gamers and creators.
https://youtu.be/ZcqYv_0WhkI Gurugram-based Mom and Baby Care brand What about starting a venture to find suitable products for your children? That is exactly the story of Malika Datt Sadani and Mohit Sadaani, the business couple behind “The Moms Co” brand. The MBA graduates zeroed in on the idea of “The Moms Co” after realizing that their child’s skin problems needed natural and chemical-free products. The Moms Co is a mom and baby care brand that was founded in 2016. It is based in Gurugram. In 2010, Malika, who was three months pregnant, moved to London with her husband Mohit. After returning to India in 2012 with their one-year-old baby, she couldn’t…