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Crypto startup MoonPay hires Time president to lead enterprise

Keith Grossman, Time president TIMEPieces Artist Jeremy Cowart Time president Keith Grossman is leaving the legacy publisher to take on a new role as the president of enterprise at crypto startup MoonPay, effective December 31. Grossman joined Time in 2019, a year after Meredith Corporation sold the flagship magazine brand to Salesforce founder Marc Benioff … Read more

Invercargill-based tech start-up eyes Christmas growth

Kavinda Herath/Stuff PaySquad founder Cam Richardson suggests rather than paying later this Christmas pay together. Cam Richardson will forever remember his 21st birthday present. At the time Richardson was a “poor student”, as were many of his friends for that matter. What unfolded at his 21st birthday both shocked him and triggered an idea for … Read more

PhonePe set to acquire fintech start-up ZestMoney for about $300 mn

Digital payments firm PhonePe is set to acquire fintech start-up ZestMoney for $200-300 million, according to sources. The acquisition would help Walmart-owned PhonePe to strengthen its lending services and compete with Google Pay, Paytm, and Amazon Pay in Indian fintech, which is expected to be worth $350 billion by 2026. “The … Read more

Modified data protection bill to bring ease for startup ecosystem: Experts

The modified version of the draft digital personal data protection (DPDP) bill has brought reasons to cheer for the startup ecosystem with relaxations for cross-border data transfer, removal of non-personal data, and certain exemptions, industry stakeholders and experts said. The Ministry of Electronics and Information Technology (MeitY) on Friday released a draft … Read more

Crypto startup Ripple seeks license in Ireland to drive EU expansion

In this photo illustration of the ripple cryptocurrency ‘altcoin’ sits arranged for a photograph on April 25, 2018 in London, England.  Jack Taylor | Getty Images News | Getty Images U.S.-based crypto company Ripple no longer derives most of its income from America and is looking to expand its reach in Europe, its top lawyer … Read more

EV start-up Chargeup raises $7 million in pre-series A1 funding round

Chargeup, which provides battery swapping services for electric vehicles, on Thursday announced that it raised $7 million in funding in a pre-series A1 financing round, led by Capital-A and Anicut Capital along with other investors. The new funding will be infused into expanding the services to 20 new cities and power 50,000+ drivers. The company … Read more

Alternative fuel start-up Buyofuel raises Rs 11.5 cr in series A funding

Online alternate fuel marketplace Buyofuel has raised over Rs 11.5 crore in a pre-series A funding round led by Inflection Point Ventures (IPV). The round also saw participation from Venture Catalysts, LetsVenture, Lead Angels Fund, and Gruhas Proptech. The funds raised will be put towards expanding the company’s services across geographies, development … Read more

Healthtech start-up BeatO raises $33 mn in Series B from Lightrock

Diabetes-care start-up BeatO has raised $33 million in series B funding led by Lightrock with participation from HealthQuad, Flipkart and existing investors which include Orios Venture Partners, Leo Capital, W Health Ventures, Blume Ventures, among others. The funds will be used to expand their business, strengthen their leadership team and to invest … Read more

Balaji Srinivasan invests unknown sum in blockchain start-up Permissionless

Blockchain start-up Permissionless has announced angel investor Balaji Srinivasan as its first investor. The former Coinbase CTO recently invested an undisclosed amount in Async, an open-source work ecosystem built by Permissionless. Roshan Vadassery, founder of Permissionless said that with the new investment, the company plans to scale the number of contributors on … Read more

Women health startup Maven raises $90 million in post-Roe v. Wade boom

Founder and CEO of Maven Clinic Kate Ryder, the first female health tech unicorn, valued at $1 billion. Daniel Zuchnik | Getty Images Entertainment | Getty Images Maven, the women and family health startup, has raised $90 million in a new fundraising round, and in a tough environment for venture funding. The round, led by … Read more