Priyanka | Pixr8 News

28Mar By PriyankaNo Comments

FUNDING

Fintech Startup Raises $2 million Pre series A Funding

SmartCoin, a Bengaluru based Fintech startup raises $2 million funding in pre-Series A round from a top Chinese VC fund and Accion Venture Lab. An existing investment group Unicorn India Ventures also participated in the round, along with ISME ACE, a leading fintech accelerator. This funding round will use to expand the team and operation with an aim to cover a much larger customer base. SmartCoin is a mobile app based lending platform, capable of assessing the risk profile of a prospective borrower in real time, using data science and machine learning algorithms. "With this round, we expect to grow the momentum and further scale 10X over the next six to twelve months. Having specialists as investors, who are passionate about micro-lending, on board will only help us cover more g...

27Mar By PriyankaNo Comments

INDIA

These Tweets Reveal How “India’s Two Leading Parties” Data Can be Easily Hack

CleverTap, a five-year-old US-based startup founded by three Indians is facing the heat after a pseudonymous researcher alleged that Indian PM Modi's Namo app was disclosing private information like name, email, mobile number, device information, and location, to servers controlled by the firm without the user's consent. The hacker & researcher known as Elliot Alderson on twitter, in a series of tweets, pointed the privacy lapses in the NaMO App and alleged that mobile marketing platform CleverTap was the beneficiary of the data transfer. Tweet 1- 1/ In this request, the @narendramodi's #Android #application sends silently and without the user's consent, his IP address and a unique identifier of his phone. This personal data is sent to the website https://t.co/XTWhe9kc5T whic...

22Mar By PriyankaNo Comments

BUSINESS

Top Trending Business ideas in 2018

We are living in a time where emerging technology; Internet and Social Networking have created a land of abundant opportunities. Starting a new business today is lot more flexible and does not require enormous capital or high valued investment as it used to a few decades ago. Thanks to the power of technology and internet combined that has not only contributed significantly in changing the business landscape but has also created a scope for aspiring entrepreneurs to identify their “calling” and turn it into a business venture. Through companies like TrustRadius, it is becoming easier for businesses to interact with their audience/clients. Everyone has an opinion and what better way to voice it than through a review on the internet. Technology is always advancing, so businesses should us...

20Mar By PriyankaNo Comments

FUNDING

Bewakoof.com Raises Fresh 5.55 Crore Funding From Snapdeal Founders

Mumbai based fashion and lifestyle platform Bewakoof.com have raised fresh funding of ₹5.55 Cr from existing investors including Kunal Bahl, Rohit Bansal, Nikhil Vora (Founder, Sixth Sense Ventures), and Uniqorn Ventures in what appears to be a seed round. Earlier in 2015, the Snapdeal founders also invested an unknown seed amount in bewakoof.com. The Snapdeal founders combined have invested ₹4 Crore out of the ₹5.55 Crore raise. Including this round, Bewakoof has so far raised ₹15.6 Crore from investors including O3 Capital. The company Bewakoof Brands Private Limited allotted 1,678 Series Seed III preference shares of ₹15/- at a premium of ₹33,069.0046/- each on March 8, 2018. Founded by Prabhkiran Singh and Siddarth Munot in 2010, the website sells trendy and casual apparels a...

Playboy Introduces Cryptocurrency Wallet For its Online Platforms

15Mar By PriyankaNo Comments

USA

Playboy Introduces Cryptocurrency Wallet For its Online Platforms

LOS ANGELES- The Playboy Enterprises Inc, popular as a Playboy magazine announced that the company added an additional service Vice Industry Token (VIT) for online payment. The service will support a number of cryptocurrencies payment across the company's online media, digital and casual gaming businesses. Playboy.TV will be the first of the company's media platforms to feature the new digital wallet which will enable the online platform to accept Vice Industry Token (VIT), among other leading cryptocurrency tokens, for access to the brand's exclusive content. By integrating with VIT, visitors will be able to pay and earn tokens to view Playboy.TV's original content, as well as comment on and vote for content. Reacting to the news, the Head of Operations for Playboy Enterprises, Inc,...

Foodtech Startup SmartQ Raises $1 Million From Dubai Investors

14Mar By PriyankaNo Comments

FUNDING

Foodtech Startup SmartQ Raises $1 Million From Dubai Investors

SmartQ, online food-tech platforms raise $1 million funding from an investor group led by Dubai based investors. The existing investor, YourNest has also participated in this round. Ex-Managing Director of Lazada group, Anvita Varshney has joined as the Board of Advisors for SmartQ. Neeraj Sharma, Ex VP HP Asia Pacific has also been mentoring the SmartQ team from early 2017. SmartQ intends to use the raised funds for expanding the business within India and across international market along with further strengthening the team by getting together top talent. Founded by Krishna Wage and Abhishek Ashok in 2014, the company has immensely grown its product portfolio, customer base, geographical presence and sales turnover. Charting a great success story for itself, SmartQ has been growi...

5Mar By PriyankaNo Comments

FUNDING

LiveHealth Raises $1.1 Million Funding

Pune based healthcare platform LiveHealth raises $1.1 Million funding from Nexus Venture Partners. The funding will use to expand and promote the platform across India and also explore the international market. The Saas based platform keeps the record online from diagnostic laboratories and make it available to its users and doctors. It has now 72 million records of laboratories. Founded by Abhimanyu Bhosale and Mukund Malani, Livehealth tie-up with 650+ diagnostic centers across India and also in South Africa. Livehealth automated operations manages patients data, financial transactions, automation between medical instruments, and inventory. The founder of Livehealth, Abhimanyu Bhosale said his team focus is on the tech gap in healthcare, and enable seamless interaction among ...

3Mar By PriyankaNo Comments

FUNDING

Vyng Raises Angel Funding Round From IAN

Vyng, a Los Angeles based technology startup raises angel funding from Sandeep Soni, an investor in Indian Angel Network (IAN). The funding will use the to expand its presence and expansion in Indian market. Launched in 2017, Vyng boasts of around 500 million videos played across 170 countries. The round led by IAN was part of a USD 3 million-dollar round, Vyng raised in 2017. Paul Kats, Co-founder and CEO, Vyng said, "We are thrilled and excited to received the investment by such an amazing set of investors like IAN. We believe that their experience and knowledge would help us to boost our presence in the Indian market and worldwide". He also added, "There are over eight billion phones calls on smartphones and 22 billion SMS notifications every single day. Our application can ...

27Feb By PriyankaNo Comments

FUNDING

Maths Testing App iChamp Raises 5 Million Seed Funding

iChamp, an online Math Learning and Testing App had raised seed funding of Rs 5 Million by friends and family. The app was launched on the Google Play store with more than 2500 active users. iChamp, short for “India Champ”, is an interactive mobile application for kids of Classes 1-8 to test and practice their mathematics skill. Founded by Mohit Bansal, IIM-A Alumnus and Ex-Director VidyaMandir Classes brings on board his experience in the test prep business with this revolutionary ed-tech app that uses artificial intelligence and machine learning to adjust to various skills and modules. iChamp is a Free learning app, that allows students to Take LIVE Tests, against other students, as well as practice tests individually across various topics of Mathematics. Students can also be...

WhatsApp’s Digital Payments Could Change the Scenario for Other Digital Players

16Feb By PriyankaNo Comments

News

WhatsApp’s Digital Payments Could Change the Scenario for Other Digital Players

Whatsapp has finally rolled out its much awaited payments feature across the country which is giving a huge boost to digital payments in India. Pixr8 also today published that digital payments in India will soon touch $1 trillion by 2023, which is for sure is good news for 'Digital India'. However, this is not the first time when WhatsApp tried foraying into the payments business. Last year it tried launching a payments app but was turned down by RBI, which says,"Non-bank entities applying for authorisation shall be a company incorporated in India and registered under the Companies Act 1956 / Companies Act 2013." WhatsApp, owned by Facebook is headquartered in United States hence it could not enter the payments market. However, after Modi's Starup India and Digital India campaigns, ...

Home Rental Startup ZiffyHomes Acquires FellaHomes

15Feb By PriyankaNo Comments

ACQUISITION

Home Rental Startup ZiffyHomes Acquires FellaHomes

Delhi based home rental solution provider ZiffyHomes, operated by Ziffy Technologies Pvt. Ltd, has acquired FellaHomes for an all-cash and equity deal. However, the amount has not yet been disclosed. Ziffy said in a statement that the acquisition was in line with its expansion strategy. After this acquisition, it would now become one of the largest aggregators of exclusive rental properties in Delhi-NCR. “Both Fella and Ziffy have been trying to solve the same problem in the same market while working with same partners, vendors, and customers in the ecosystem. So, we realised that our common mission can be faster accomplished if we join hands and combine our strengths,” said Digendra Singh Rathore, CEO & Co-Founder at FellaHomes. After this acquisition, the founder of FellaHom...

Online Coding Startup HackerRank Raises $30M in Series C Round

15Feb By PriyankaNo Comments

FUNDING

Online Coding Startup HackerRank Raises $30M in Series C Round

Technical talent evaluation and online coding challenge community HackerRank announced on Tuesday that it has secured $30 million in a Series C round of funding led by JMI Equity, a growth equity firm focused on investing in leading software companies. In addition to that, Suken Vakil, General Partner at JMI Equity, has joined HackerRank's Board of Directors. The round also saw participation from its existing investors, including Khosla Ventures, Battery Ventures, Randstad Innovation Fund, and Chartline Capital Partners, that added to the fund making it to $58.2 million. The company said in a press release that it will be using the infused funding to "accelerate its growth in the enterprise, expand and support its thriving and rapidly growing community of more than 3.4 million develo...