BP Ventures on Tuesday said it has invested $9 million in its Series A funding round in Gurugram-based electric intercity bus platform Zingbus. The venture capital arm of British oil and gas giant BP said the startup will use the new investment to scale its operations and grow its team. Founded in 2019, Zingbus operates … Read more
CRED has open source Propeller, its real-time communication platform designed to optimize communication between mobile apps and backend services. “We initially built Propeller to optimize the UPI payment flow, where every millisecond matters,” said Swami Sitharaman at CRED. “Traditional polling approaches mean we either overwhelm our servers with requests or keep users waiting unnecessarily.” Propeller … Read more
FAAD Capital, a Gurgaon-based angel fund, has launched an investor network in Dubai aimed at promoting global support and investment in Indian startups through engagement with non-resident Indians and local investors. The Dubai launch is in line with the strategy of establishing regional hubs locally and globally. Initially focusing on quarterly networking and investor meetings, … Read more
If there’s one thing Elon Musk does exceptionally well — aside from building rockets and electric cars — it’s shaking up industries. After transforming social media with X (formerly Twitter), Musk is now setting his sights on the email market. In his signature cryptic style, Musk hinted at the recent development “XMail”A potential competitor to … Read more
IIT Madras is back with another effective networking event this time for startup enthusiasts Delhi NCR. After the great success of the meeting Mumbai, Pune and ChennaiIt will be in grand event 21 December in WeWork HQ27 Gurugram. The event promises a unique platform Startups, investors, venture capitalists, and advisors Connect, collaborate, and grow within … Read more
Non-banking financial company iFinance has filed draft documents with market regulator Sebi to raise Rs 1,450 crore through its initial public offer (IPO). The Gurugram-based NBFC’s proposed IPO is a combination of a fresh issue of shares worth Rs 885 crore and an offer for sale (OFS) of Rs 565 crore by corporate and individual … Read more
Fund News Mili raises $2M seed round led by Chiratae and BoldCap Mili, an AI meeting assistant for wealth management firms, has raised $2M in seed funding led by Chiratae and BoldCap, with participation from Sparrow Capital, SFMG Wealth Advisors, Gregg Fisher, and Better Capital. The funding will accelerate product development, increase customization, expand integration, … Read more
India’s third-largest food delivery app Magicpin on Tuesday said it has launched its 15-minute food delivery service MagicNOW after successful pilots in Delhi and Bengaluru. While Zepto Cafe, Swiss and other contenders in the 10-15 minute food delivery space are operating their operations through their dark store network, Magicpin has partnered with brands like Chaayos, … Read more
Warmup Ventures on Tuesday said it has launched its second fund, Warmup Fund II, a SEBI-registered Category 2 AIF, with a corpus of Rs 300 crore. Backed by late-stage founders and second-generation entrepreneurs, WarmUp Ventures plans to invest Rs 5-7 crore in 25-30 early-stage startups across sectors, with a significant provision for follow-on rounds. The … Read more
Instagram allows you to keep in touch with friends, family and new people, but sometimes you want to control who can send you messages. Whether you’re looking to reduce unwanted chats, keep your inbox private or focus on messages from close contacts, Instagram offers tools to manage it. This guide will walk you through the … Read more