Will Xoogler-Backed Rupifi Ride India’s OCEN Wave To Change The SME Credit Game?

Will Xoogler-Backed Rupifi Ride India’s OCEN Wave To Change The SME Credit Game?

Last month, when the Open Credit Enablement Network (OCEN) was introduced to fix credit access for small and medium businesses, it was seen as the next revolution for India’s fintech industry after Aadhaar, UPI, and Account Aggregator network. The idea is simple — make credit available for the smallest business for any amount at a minimal interest rate and for short tenures.

Blockstack tokens inch closer to trading on US crypto exchanges

Blockstack, the Bitcoin-based Ethereum competitor, has come one step closer to making its Stacks tokens tradable on US crypto exchanges.

How a Decentralized Randomness Beacon Could Boost Cryptographic Security

A novel cryptography piece, which could be of help to many cryptocurrency projects, is officially launching in production today.

Will Xoogler-Backed Rupifi Ride India’s OCEN Wave To Change The SME Credit Game?

Last month, when the Open Credit Enablement Network (OCEN) was introduced to fix credit access for small and medium businesses, it was seen as the next revolution for India’s fintech industry after Aadhaar, UPI, and Account Aggregator network. The idea is simple — make credit available for the smallest business for any amount at a minimal interest rate and for short tenures.

Blockstack tokens inch closer to trading on US crypto exchanges

Blockstack, the Bitcoin-based Ethereum competitor, has come one step closer to making its Stacks tokens tradable on US crypto exchanges.

Micro-mobility service provider Yulu plans to ramp up fleet size by 10 times

Yulu started with a mission ‘to provide sustainable and affordable mobility at scale to solve for the first and last mile connectivity and to address the challenges of air pollution and traffic congestion’. It has developed a proprietary IoT driven and highly scalable battery swapping infrastructure along with in-house vehicle design to accelerate the adoption of e-mobility in the country. Over the last 3 years, 2.5 million Yulu riders have covered 27 million kilometres and saved 23 lakh kgs of carbon emission.

Biryani By Kilo Opens Its First Delivery-Only Restaurant In Bhubaneswar

Bhubaneswar: Biryani By Kilo, India’s most premium Biryani and kebab chain is known for delivering authentic Nizami cuisine including freshly Dum-Cooked Handi Biryanis, kebabs, Korma, Phirni and more around India in around 20 cities. With foodies showing insatiable love for the royal dish, Biryani By Kilo is all set to now deliver in Bhubaneswar, Odisha.

Chingari raises $1.3 million in seed round funding, will improve camera

TikTok rival Chingari has secured $1.3 million or approximately ₹10 crore in seed round funding. After the ban on Chinese apps including TIkTok on June 29, homegrown Indian apps such as Mitron and Chingari had seen a surge in demand. Chingari garnered over 2.5 million downloads witnessing a 400 percent growth in the days after the ban.

Homegrown Chingari raises $1.3 million seed funding

NEW DELHI: Indian social media platform, Chingari, which rose to fame following the government’s ban on 59 Chinese apps, including TikTok, has received seed funding of $1.3 million from AngelList, LogX Ventures, iSeed, Village Global and some others. The company says it will use the funds for hiring, accelerate product development, ramp up its platform and improve consumer engagement.

Yulu to focus on long-term rentals, add 1 lakh electric bikes by 2021

Bike-sharing platform Yulu, which assembles its own electric vehicles through partnerships with original equipment manufacturers (OEMs), is planning to ramp up its business by focusing more on the hyperlocal delivery segment and long-term bike subscriptions.