Good Morning!! As we enter a new week, let’s take a look at the latest trending startup news insights.
The investment in the Germany-based electric vertical take-off and landing (eVTOL) aircraft startup was led by WP Investment, while existing and new investors including Atlantia and Honeywell were also involved. Read more.
Agri-tech startup Otipy has raised 235 crore or $32 million in its series B round led by Westbridge Capital. Existing investors SIG and Omidyar Network India also participated in the round, the company said on Monday. Read more.
With Selfbook, hotels can accept one-click payments directly on their website. It supports Apple Pay, Google Pay and PayPal in addition to traditional credit and debit cards. Read more.
The company first introduced the Ivanti Neurons platform in July 2020, empowering organizations to autonomously self-heal and self-secure devices and self-service end users. Read more.
The fresh funding will be used as growth capital to scale the core credit business, grow the team, and expand its product portfolio with services like digital bank accounts, insurance, and wealth management solutions. Read more.
Intel claims its new Agilex M has the world’s highest bandwidth field-programmable gate array. The technology giant has launched the Agilex M as the latest in its portfolio of 10nm FPGA. It claims it delivers the highest bandwidth of any FPGA. Read more.
The deal went through in November, but the news flew under the radar until an investor confirmed the deal earlier this week. Now, it seems to be expanding one of its core functionalities, online shopping, even further with the acquisition of Veeqo. Read more.
After almost four years of work, Magic Leap is showing off its next generation of augmented reality glasses for enterprise applications. Read more.
Launched in January, the app presents flight itineraries and real-time changes, ground transportation details, weather and currency information and duty-free shopping recommendations in one dashboard. Read more.
While machine learning (ML) can enable all sorts of use cases and automate decisions at scale, moving it to production levels is complicated. The paramount challenges have been long feedback loops and a lack of fast, continuous movement. Read more.
Walmart’s focus is not on D2C physical stores right now, according to Doug McMillon, CEO. The American retail giant will look to establish omnichannel strategies that include both Flipkart and PhonePe. Read more.
Navi Technologies has filed for INR 3,350 Cr DRHP with market regulator SEBI.The entire offer will be through fresh issue of shares. Bansal’s Navi was profitable in FY21, however in the first nine months of FY22 it had incurred a loss of INR 206.4 Cr. Read more.
HoverIT aims to assist vendors by simplifying the process of marketing their products or services, taking only minutes to sign up for an account and handling all payments in-app using payment processor Stripe. Read more.
If you missed out on the previous week or entire month's updates of startup world news, follow the link to read it now and stay tuned with us for more updates.
Sajitha is a content writer who predominantly writes for EdTech Industry and also pens poetry, eBooks, and fascinating content. She believes writing should intrigue her audience and work with passion. She is an avid reader and holds her master's in literature. Her hobbies include traveling, music, and self-publishing!
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An artist by heart and a writer by profession, Prachi is a vivacious reader. She believes in hard work and her dedication has never let her down. She puts her heart and soul in everthing she does. Though life has not been a bed of roses for her, she affirms that the best way to live it is to maintain an equillibrium between the tunes of life.