Monday, November 18

Tag: Ahmedabad

Google Neighbourly Rolls Out in Five More Indian Cities
13Sep By Gauri SinghNo Comments
BUSINESS

Google Neighbourly Rolls Out in Five More Indian Cities

The local information app Neighbourly which was launched by Google recently has reportedly expanded to five more Indian cities including Ahmedabad, Coimbatore, Mysore, Vizag and Kota. The app, which helps users with local information like nearby shopping arcades, parks, fitness, food and tuition centres, was launched by Google in beta in May and is now available in seven cities. "With 'Neighbourly', we are able to address the local information needs of India's fast-growing internet users in their neighbourhood," said Josh Woodward, Group Product Manager, Next Billion Users team, Google. The improved version of the app has higher quality voice input, thus, enabling people to ask and respond to questions in their own languages and quicker replies. Also, it has "similar answers" feature ...
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Lendingkart’s NBFC Arm Bags $25M From A Clutch Of Investors
30Oct By RishabhNo Comments
FUNDING

Lendingkart’s NBFC Arm Bags $25M From A Clutch Of Investors

Lendingkart Finance Ltd, the NBFC arm of fintech startup Lendingkart has raised around $25 million through debt and equity funding. The company raised this sum between August and September this year in multiple tranches from financial institutions and NBFCs including IFMR Capital, Capital First, Tata Capital Financial Services Ltd (TCFSl) and Manappuram Finance Ltd, as per the report by VCCircle. Earlier in September, Lendingkart raised Rs 70 crore in equity funds from Singapore based-  Sistema Asia Fund and its existing investors Bertelsmann India, Mayfield Capital, Saama Capital, Darrin Capital, India Quotient. Out of its current funding, the NBFC raise $9.2 million from its tech and digital marketing arm Lendingkart Technologies Ltd through debt of Rs 20 crore and an equity inf...
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