Sydney-based graphic design startup, Canva, has received an investment pushing them into “unicorn” status in Australia. A unicorn is a startup worth $1 billion or more, which the Australian startup was able to reach with their latest $40 million investment. “It’d be crazy not to take it,” Melanie Perkins, Co-founder of Canva said to Bloomberg. […]
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Citta.ais, an artificial intelligence startup in the healthcare sector is working toward raising finances for further development and global expansion. The Indian-Australian company is developing monitoring solutions focused on healthcare monitoring for patients. “We would like to empower millions of people with their own AI-based cardiologist on their hands available all the time,” Deep Singhania, […]
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Indian ride hailing giant Ola, announced that it is partnering with one of the top private sector banks in the country, ICICI Bank to provide customers and driver-partners with a host of integrated services. The two companies signed a Memorandum of Understanding (MoU) to finalise the deal. As per a statement released by Ola, customers […]
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The digital lending platform, Lendingkart, announced that it has raised Rs 30 crore in non-convertible debentures (NCBs) from Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden NV (FMO), a Dutch development bank, which primarily invests in the growth and frontier markets. The latest round of funding comes after the startup raised Rs 25 crore in debt from the State […]
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American ride-share company, Uber, is bringing its autorickshaw service back into the Indian market this month. The first cities to see UberAUTO will be Bengaluru and Pune. Users of the app can expect the autorickshaws to uphold the same safety features as the company’s cabs have had, according to a company spokesperson. “Autorickshaws are ubiquitous […]
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