Consumer behaviour intelligence platform VTION on Wednesday said it has racked up $1.3 million (around Rs 10 crore) in a pre-Series A round led by YourNest Venture Capital and two other investors. The startup plans to use the fresh funds to boost its India growth by scaling up its advertising activation strategy, panel enhancement and targeting sector-specific growth initiatives while driving global market expansion.
Indian DeepTech startup Astrome Technologies, Incubated at IISc Bangalore has developed the world’s first multi-link E-Band Radio, GigaMesh. This product shall revolutionize the deployment of wireless backhaul in Rural Broadband and Defence communications markets in India and the world.
BENGALURU, INDIA / ACCEWSWIRE / May 19, 2022 / One World Nation (OWN), a project that seeks to bring about disruptive change on how crypto markets are perceived, today has unveiled plans to collaborate with Polygon, an Ethereum scaling platform onboarding millions to Web3, to build an ecosystem-based upon fundamental facets the crypto markets to ensure that newcomers can enter the space with ease and without overexposure to ‘fud.’
An acute shortage of gig economy drivers on app-based cab aggregators such as Ola and Uber is driving demand elsewhere into micro-mobility platforms that offer two-wheeler rentals, bike taxis and bike-sharing services. According to data collected from micro-mobility start-ups like Rapido, Yulu, and Zypp Electric, demand for their services has shot up by at least two to four times in the last year alone, outstripping demand prior to the pandemic.
The last few years have seen a boom in the artisanal cheesemaking business in India. Whether you’re looking for soft cheeses like mozzarella, burrata, and feta, or aged variants like parmesan, cheddar, gruyère, etc., you will find a fromager making it in some corner of India. From the cool climes of the Himalayas to balmy Chennai, here are six made-in-India cheeses to savour.
Seattle-based mobile auto repair service, Wrench, has acquired its Silicon Valley-based competitor YourMechanic. The acquisition boosts Wrench’s technician roster by more than 350 technicians in 30 states, reported Geekwire. The wrench model uses technicians who perform repairs on-location for customers—from towing assistance, auto detailing, and tire installation.
India is moving towards electric mobility, and the government is supplementing the growth of EVs in India. In a similar attempt, Union Road Transport and Highways Minister Nitin Gadkari was recently seen analysing the Yulu Miracle, an electric two-wheeler. It is to be noted that Yulu is an application which allows users to rent small-sized electric two-wheelers for commuting in a particular area. It is also a popular mode of transportation in some regions of Delhi for people who want to explore the place.
The Indian EV mobility startup Oye! Rickshaw is hopeful that it can ride to EBITDA profitability by end-2022. The Matrix Partners-backed company, which provides app-based ride-sharing and delivery services via its electric three-wheelers (popularly called ‘rickshaws’ in India), has witnessed exponential growth in the last few months as commuters and e-commerce businesses are looking to save on travel and delivery costs amid a surge in fuel prices.
The jury is still out on whether electric vehicles are truly more environment-friendly than the traditional petrol-diesel vehicles. On the internet, you can find scores of pieces, all backed by some purported scientific study, for and against the EVs. There are indeed some question marks over the impact of EV batteries on the environment. But it can be said, as of now, EVs seem far less polluting than their combustion engine counterparts.
Wrench, a 7-year-old Seattle startup that offers a mobile car repair service, has reeled in another competitor with the acquisition of YourMechanic, a Silicon Valley startup founded in 2012 that also offers repairs.