Ed-tech platform, CollegeDekho, announced that it has raised $2 million in its third round of funding. The round saw participation from ManCapital, GirnarSoft and other investors. According to a statement released by the startup, the funds raised will be utilised to strengthen its technology, expand its collaborations with international colleges and increase its marketing activities […]
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Delhi–based microlending startup, Cash Suvidha announced that it has raised $ 2.5 million (approximately Rs 16 crore) in debt financing. According to a statement released by the company, it raised $1.5 million via a private placement of non-convertible debentures and the remaining $ 1 million from two financial institutions, whose names remain undisclosed. “This capital […]
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Intellegens, a startup that has been incorporated with the University of Cambridge, has formed its first partnership for the use of the startup’s technology. The new artificial intelligence technology, Alchemite, employs machine learning to provide a new way of analysing matrices and databases for companies. “Alchemite is the first in a series of application specific […]
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Indian ride-hailing company Ola announced that it has signed a Memorandum of Understanding (MoU) with the Government of Assam to pilot test an app-based river taxi service in the financial hub of the Northeast, Guwahati. The MoU was signed at the Global Investors Summit: Advantage Assam, which currently on going in Guwahati and was in […]
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Jordan-based mobile game startup, Tamatem, has received funds worth $2.5 million in its Series A round. Founded in 2013, the company localises video games, specifically marketing to countries with a large Arabic speaking population, a market which does not receive much attention. Less than one percent of gaming apps are available in Arabic, Tamatem’s Co-founder […]
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