t is fast, does not cough poison, and costs little to keep going. It is the electric car, autophiles, and there is one or more for every pocket and every road. Elon Musk, the futuristic billionaire spearheading the electric car revolution, would be bemused to learn that the Tata-owned automobile giant Jaguar is launching I-Pace, the company’s first electric car in India at double the price of a Tesla.
New Delhi: OnMobile Global Ltd on Wednesday said it has led a USD 13 million (Rs 98.7 crore) funding round in homegrown short video platform Chingari. Other investors who participated in this round include Republic Labs US, Astarc Ventures, White Star Capital, India TV (Rajat Sharma), JPIN Venture Catalysts Ltd, ProfitBoard Ventures, and some large family office funds from the UK, Onmobile said in a regulatory filing.
Needless to say, the ongoing pandemic has exposed the wide gaps underlying the healthcare sector over decades. Higher case loads, low availability of beds, lack of ventilators and rising number of death cases related to COVID-19 could only make one think that though humans have advanced in leaps and bounds, the healthcare sector continues to remain fragmented.
Filecoin (FIL) is one of the most prominent coins in the storage sector of cryptocurrencies. In the past month, the price and market capitalization of FIL has rocketed to new highs. On April 1, the coin reached $233.68 along with breaking into the top 10 cryptocurrencies by market capitalization.
The decentralized file storage project of Filecoin (FIL) will soon be the home of video NFTs thanks to an integration with VideoCoin (VID). The latter project is working on creating a solution for the reliable creation, storage and trading of video NFTs on the Ethereum network.
Gurugram-based electric rickshaw hailing platform Oye Rickshaw raised INR 24 Cr from venture debt fund Alteria Capital. With the current round, the company has raised a total of INR 84 Cr so far. The Start-up said it will use the funds to expand its smart lithium-ion batteries swapping stations from 15 to 650 across Delhi-NCR and five other cities by the end of this year.
Filecoin (FIL), the token associated with the decentralized file-sharing protocol of the same name from Protocol Labs, is surging. Its price has shot up 165% in the past week, and 530% in the past month. Now Filecoin has leapfrogged Chainlink (LINK) and Litecoin (LTC) as the No. 9 coin by market cap. So, what’s driving the spike?
The startup has 15 active battery swapping stations which it plans to expand to 650 across Delhi-NCR and five more cities by December 2021, Oye Rickshaw founder Mohit Sharma told PTI. “Our e-rickshaw partners are able to run 20-30 per cent more on a daily basis. We want to facilitate our rickshaw partner to have more deliveries. More kilometers means more revenue for them. We are expanding infrastructure in a manner to create a network,” Sharma said.
Indians love big, fat weddings and it’s a well-known fact. However, a Delhi-based couple decided to do away with the unnecessary pomp and show and got hitched at a unique wedding that was eco-friendly and sustainable too, reported Times Now Digital. Aditya Aggarwal, the 32-year-old groom, didn’t bring the baraat on a mare or a car. Instead, he rode Yulu bikes along with other baraatis to his wedding venue.
Salman Khan has become an investor and the global brand ambassador of entertainment app Chingari.Says the actor, ‘Chingari is amongst the most popular entertainment apps in India and it has focused on adding value to its consumers and content creators. I like how Chingari has shaped up in such a short span of time, a platform for millions from rural to urban to showcase their unique talents and be seen by another million’s in no time.’ Sumit Ghosh, co-founder and CEO, Chingari App says, ‘This is a really significant partnership for Chingari, our ethos is to reach out to every State of Bharat and it’s our pleasure to have Salman Khan on-board as one of our global brand ambassador and investor.’