Before it was banned, CamScanner was a popular document scanning app, with more than 100 million downloads in India despite storing sensitive user data abroad and malware concerns. Now, an Indian startup wants to build a similar product but with a promise not to abuse users’ data. … [Read more...] about This Indian startup wants to be the new CamScanner, without abusing data. Will it work?
Online education is among the more profitable businesses among startups, as revenues are real, parents are willing to pay for quality education and costs are mainly hiring teachers and a technology platform. Unlike other sectors, discounts or cash burn is less common. … [Read more...] about Eruditus raises $113 million from Chan Zuckerberg fund, others; valuation doubles
Dailyhunt has also faced headwinds on the regulatory front. The government said in August last year that foreign direct investment in digital media firms should not exceed 26 percent but has since not clarified or enforced the rule.Dailyhunt’s investors are all foreign, including venture capital firms Sequoia Capital, Goldman Sachs, Sofina and ByteDance. … [Read more...] about Exclusive | Dailyhunt seeks $1.2 billion valuation, unicorn tag in fundraise
In addition, Biofourmis will use the funding for developing, validating and commercialising several released and unreleased digital therapeutics solutions across cardiology, respiratory, oncology and pain, with a focus on the US and key Asian markets, including Asia Pacific, China and Japan, the company said. … [Read more...] about Biofourmis raises $100 million funding led by SoftBank Vision Fund 2
Garikipati is a board member and adviser to many late-stage startups and an angel investor in deep tech, fintech and consumer tech startups. He has a masters in software engineering as well as in management from Birla Institute of Technology and Science, Pilani. … [Read more...] about For tech edge, 5Paisa gets Flipkart’s former CTO Ravi Garikipati on its board