The round also saw participation from AdvantEdge Founders and several other prominent startup founders, including Razorpay’s Harshil Mathur and Shashank Kumar; Zetwerk’s Amrit Acharya and Rahul Sharma; Uni Cards founder Nitin Gupta; and Zolve’s Raghunandan G.
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Supply-chain financing provider Nakad raises $7 million funding
The round also saw participation from AdvantEdge Founders and several other prominent startup founders, including Razorpay’s Harshil Mathur and Shashank Kumar; Zetwerk’s Amrit Acharya and Rahul Sharma; Uni Cards founder Nitin Gupta; and Zolve’s Raghunandan G.
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G7 CR Tech India acquires its UAE-based firm for $6.5 million
G7 CR Tech India's move comes after the board approved the acquisition of the Dubai-based company, in which its managing director and chief cloud architect Christopher Richard was holding a 49% stake at his individual capacity while his middle-east partner Ibrahim had a controlling stake of 51%.
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Despite regulatory hurdles, new crypto ventures abound
Experts say that the fundamentals favour India despite the government’s unfriendly attitude towards cryptocurrencies. India will have the maximum number of Web 3.0 developers in the next 12–18 months, and in terms of markets, India was one of the fastest-growing crypto markets globally before the crypto tax announcement.
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from Tech-Economic Times https://ift.tt/mYBJ4AP
Despite regulatory hurdles, new crypto ventures abound
Experts say that the fundamentals favour India despite the government’s unfriendly attitude towards cryptocurrencies. India will have the maximum number of Web 3.0 developers in the next 12–18 months, and in terms of markets, India was one of the fastest-growing crypto markets globally before the crypto tax announcement.
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How fake in your social media?
The 46-country survey conducted by the Reuters Institute for the Study of Journalism (RISJ) last year confirms this. ‘Legacy print brands’ retain ‘high levels of trust’ among consumers, the report said, with The Economic Times having a trust score of 71, compared to 62 of Financial Times in the UK and 46 of The Wall Street Journal in the US. Trust us, trust matters.
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Startup funding woes may hurt IPL ad prospects
Inbound investments were $4.6 billion in January, but quickly fell to $3.6 billion in February, $3.4 billion in March, and $2.6 billion in April. Globally, venture capital firms are becoming more vocal about a looming economic slowdown and the need to be more “defensive”. Investors are asking startups to focus on return on investment and reducing cash burn.
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