DealShare raises $21 million to expand its e-commerce platform to 100 Indian cities and towns

DealShare raises $21 million to expand its e-commerce platform to 100 Indian cities and towns

DealShare, a startup in India that has built an e-commerce platform for middle and lower income groups of consumers, said on Tuesday it has raised $21 million in a new financing round as it looks to expand its footprint in the world’s second largest internet market.

MSMEs alert! Exclusive business credit card is here from Axis Bank, Rupifi – Check fee, features, benefits and more

Strengthening its offerings for the MSME segment, Axis Bank has launched an exclusive business credit card in partnership with Rupifi, an embedded lending fintech company that provides financial solutions to MSMEs.

Blockstack’s Stacks Tokens Could Be Tradable in US Amid New Blockchain Launch

With the launch of a new blockchain – Stacks 2.0 – earlier next year, Blockstack PBC’s cryptocurrency Stacks token (STX) could be available to investors in the U.S. once it is no longer considered a security under U.S. Securities and Exchange Commission (SEC) regulations, according to public documents.

TrustToken unveils TrueFi, bringing transparent uncollateralized lending to DeFi

TrustToken, known as makers of the world’s most transparent stablecoins including TUSD, launches TrueFi, the decentralized protocol for uncollateralized lending, hitting $35 million in total value locked within 24 hours of going live. The TrueFi protocol introduces a new approach to on-chain lending, letting TRU holders vote on incoming borrowers and uncollateralized loan requests; creating new ways for TrueCurrency users to generate stable, high returns in DeFi; and empowering approved borrowers with fast, fixed-term, fixed-rate loans no collateral requirements.

Startup Street: Chennai Startup Gets ISRO’s Help In Journey To Space

This week on Startup Street, a look at India’s first public-private collaboration in space activities. India’s largest telecom operator backs a gaming startup. And Asia’s oldest exchange gets a new member on its startup platform. Here’s what went on…

Chennai-based startup Agnikul signs non-disclosure agreement with Department of Space

Agnikul Cosmos Private limited, a Chennai based startup, which is building the country’s first private small satellite launch vehicle has inked a non-disclosure agreement with the Department of Space (DoS). By signing this agreement Agnikul will get access to Indian Space Research Organisation (ISRO) facilities and obtain information pertaining to launch from India. This was signed in the context of the newly proposed IN-SPACe entity.

Wrapped Filecoin launches Mainnet bridging Filecoin to Ethereum

Filecoin (WFIL) has launched its long-awaited Mainnet, connecting it to Ethereum to enhance its adoption and development by providing access to liquidity on DeFi to storage miners and token holders.

Letter from New Delhi: Briyani delivery in India is recipe for success

NEW DELHI – A briyani worth savouring is a daunting labour of love that can stretch over hours. But I am told I will have to wait no longer than 35 minutes for my order of Lucknowi chicken briyani.

Department Of Space Inks Pact With Spacetech Startup Agnikul For Launch Vehicle Program

In a bid to promote the private sector, the Department of Space (DoS) and Chennai-based startup Agnikul Cosmos Private limited signed a non-disclosure agreement that will allow it to access the Indian Space Research Organisation (ISRO) facilities and technical expertise to build its rocket.

Blockstack PBC Successful In Bootstrapping A Thriving Ecosystem

Blockstack PBC, a global blockchain technology company co-founded by a Pakistani computer-scientist-cum-entrepreneur Dr Muneeb Ali, has been successful in bootstrapping a thriving ecosystem around the Stacks blockchain. The mission of the project is to enable users to take back ownership of their digital lives, which are currently controlled by a handful of technology companies that have repeatedly broken the trust of their users. The growing Stacks community, along with a rising tide in the mainstream, believes the internet is fundamentally broken and has a promising solution in the Stacks blockchain.