09 Nov 2019

1. Fret no more. Flying taxis may soon help you beat traffic congestion German developer Lilium has announced that their prototype flying taxi has achieved speeds in excess of 100 km/h. This has given the startup confidence to expand its production capacity ahead of the planned commercial launch in…

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08 Nov 2019

1. Tech Mahindra and Israeli startup Atidot collaborate on AI-based insurance solution Through this partnership, the companies will provide a platform to increase profitability for insurance companies by predicting customer behavior, lapse patterns and improve their cross-sell as well as upsell capabilities. The solution will bring new benefits to…

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10 Oct 2019

1. Eye on India, Inventus Cap closes third fund at Rs 369 crore The latest investment vehicle has been backed by a mix of institutional investors, such as Small Industries Development Bank of India, family offices and technology entrepreneurs. Prior to setting up Inventus-III, Inventus Capital Partners had primarily…

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25 Sep 2019

1. Reliance-backed Haptik acquires conversational commerce platform Buzzo.ai Buzzo.ai joins Reliance Jio-backed Haptik to address the $80 billion voice commerce market for enterprises globally Haptik will also leverage Buzzo.ai’s platform to power multilingual experiences for the next 500 million Indians that come online to shop. Source: ET 2. WeWork’s Adam…

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24 Sep 2019

1. Indian-origin entrepreneur’s startup leads London fintech boom Among fintech investment deals on a global level, London has taken top spot in 2019, with a total of 114 deals, overtaking New York in second place (101). London also attracts a wider international variety of investors than other European hubs,…

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20 Sep 2019

1. Airbnb to go public in 2020 Airbnb Inc. is finally going public. The online accommodation marketplace said today it expects to become a publicly-traded company during 2020. The press release was made pursuant to securities law and gave no details about the exact timing of the IPO or its…

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18 Sep 2019

1. Tech companies launch ‘Hyderabad Fintech Forum’ Hyderabad Fintech Forum (HFF), a platform for the exchange of ideas on technology in BFSI (Banking, Financial Services, and Insurance) space to enable and strengthen the start-up ecosystem and make unicorns from the city, was launched here on Tuesday. Principal secretary to…

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03 Sep 2019

1.E-TAILERS LOOK TO BEAT SLOWDOWN BLUES RIDING ON FESTIVE HIGHS Flipkart will kick off the season sale by holding its flagship sale event Big-Billion Days from September 29 to October 2. Last year, e-commerce sales grew by 33% during the annual festive sale events, totaling up to $2-2.3 billion,…

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27 Aug 2019

1. Cred closes $120m round as valuation jumps to $450m Freecharge founder Kunal Shah, who launched Cred as his second venture, has positioned the company as a platform for all forms of credit card bill payments. Fintech startup Cred has closed a $120 million funding round, led by existing…

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21 Aug 2019

1. Internet can solve problems that have never been solved before: Vidit Aatrey, Founder, Meesho Once people figure out the right model outside metros, the opportunity is so massive that you will have larger businesses from there than those in metros, says the entrepreneur. “Taking Meesho’s example, we solve…

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