Fintech business Tortoise has acquired an unknown sum of money from Lizzie Chapman, co-founder, and CEO of ZestMoney, and Sriharsha Majety, co-founder and CEO of Swiggy. What is a Tortoise? Tortoise is a platform with a mission to encourage users to save for purchases and has raised an undisclosed amount of funds in a mentors’ round. Co-founder of ZestMoney Lizzie Chapman expressed her delight at supporting a startup that is deriving from the ZestMoney clan. I send my best wishes to Nikhil and the Tortoise team as they pursue a complementary strategy to Zest to help Indians live more affordably.…
Author: Almas Saad
Grimes has said that Zuckerberg may not be qualified to lead the Metaverse because he doesn’t understand art or culture. She said that he is too focused on money and that he doesn’t understand the importance of art and culture. What is Metaverse? In the Metaverse, a potential future internet, users can communicate with digital things and one another in a virtual environment. Meta CEO Mark Zuckerberg has been outspoken about his interest in building this Metaverse, and he’s even said that he wants Facebook to be the platform for it. The Metaverse is a virtual universe in which people…
In today’s rapidly changing business landscape, nimble startups are often the ones that succeed while larger companies flounder. This is because startups are usually built around a new technology or business model that allows them to be more agile and adaptable to change. One such startup that is making waves in the business world is Vuram, a hyper-automation services company that is set to make a big hiring push this year. With over 500 new openings, the company is looking to hire techies with a passion for business and IT. What is Vuram? Vuram is a hyper-automation services company that…
Food tech giants, Zomato have stopped accepting new Zomato Pro members and Zomato Pro renewals as it adjusts its loyalty programs. The company had already discontinued the more expensive Zomato Pro Plus version and changed the conditions of its RBL Bank co-branded credit card. “Thank you for participating in the Zomato Pro program,” Zomato writes in an email to subscribers attempting to renew their expiring Pro memberships. “The membership cannot be renewed while we develop a new and improved experience for you. To keep up with the newest offerings, please visit the Zomato app” added further on the email. The…
Apple plans to begin manufacturing the new iPhone 14 in India around two months after it is initially made available from China, bridging the gap in production between the two countries. Reportedly, Apple will start producing the forthcoming iPhone 14 series in India. The Apple analyst at the time also claimed that the action had an emphasis on how Apple was preparing to diminish its reliance on China and that it saw India as a crucial growth area. Make In India initiative India has become a manufacturing hotspot because of Prime Minister Narendra Modi’s campaign slogan, “Make in India.” The…
Sunstone, an Edtech startup with a focus on higher education, has raised $35 million in a series C investment round, which was headed by WestBridge Capital and included participation from current investor Alteria Capital. In less than a year, the company has undergone a second round of fundraising. The startup’s Series C investment round was led by WestBridge Capital, according to Sunstone’s founders on Friday. Alteria Capital contributed to the funding as well, bringing its total raise so far to around $68 million. About Sunstone Sunstone, founded in 2019 by Ashish Munjal and Piyush Nangru, offers a hybrid learning approach…
The Charger Daytona SRT, dubbed “the future of electrified muscle” by Dodge, was presented on Wednesday, an electric performance coupe aimed to carry the torch further from the outgoing Charger and Challenger. The Banshee 800-volt electrical architecture will power the Daytona SRT. There are no powertrain specifications available, but Dodge believes it will outperform a Hellcat. Dodge has long promised the fans an all-electric muscle vehicle concept, and it’s now finally arriving in the form of the Charger Daytona SRT. The all-electric muscle car concept was unveiled at M1 Concourse in Pontiac, Michigan, on its third day of the three-day…
According to the story, which cited sources familiar with the recent discussions, the company has resumed the ongoing discussions with other renowned entertainment companies about the potential participation from these companies in the platform, which it is being internally referred to as a “channel store.” The platform has been in development for the last 18 months and if the sources are to be believed the platform could be ready this fall. Given that YouTube TV already has these features and functions for HBO, AMC+, Showtime, and many other channels, that is an unexpectedly long development period. According to the Wall…
Walt Disney Co has surpassed Netflix Inc with 221 million streaming subscribers. The company also revealed that it will raise prices to watch Disney+ or Hulu without commercials. To draw in new consumers, Disney will also start offering an ad-supported version on December 8 for $7.99 a month. The cost for the edition without ads remains the same, according to the company. However, depending on the plan, Hulu’s monthly fee will increase by $1 to $2 in December. The media behemoth will start to offer a new option that includes ads for the current price and will raise the monthly…
The pre-Series A round of funding for the gaming platform Lysto totalled over $12 million. With the current fundraising, Lysto has so far raised a total of $15 million in funding to date. More than $12 Mn has been raised for Lysto’s Pre-Collection A funding round, which provides gamers with digital credentials. Lysto will use the funding to build out its tech platform, scale business improvement initiatives, and create tools for issuing digital credentials. In its pre-Series, A financing, the gaming platform Lysto raised more than $12 million. Institutional investors and investors in the gaming and cryptocurrency industries, including Square…