Startup Weekly News 21st Nov 2022 - 27th Nov 2022

Pallavi Kumari

28th Nov'22
Startup Weekly News 21st Nov 2022 - 27th Nov 2022 | OpenGrowth

Good Morning!! As we enter a new week, let’s take a look at the latest trending startup news insights.


21st November


Meta rolls out new privacy updates for teens on Instagram and Facebook




For teens already on the app, Facebook is going to start encouraging them to choose more private settings in terms of who can see their friends lists, the posts they’re tagged in, the people and lists they follow, and who is allowed to comment on their public posts. Read More

Space startup Stells wants to put spacecraft-charging covers on the moon

The portable power bank first came on the scene in 2001, and since then, on-the-go charging has been a possibility for most mobile device users. Now, a new space company wants to bring the concept of mobile charging to the moon. Read More


22 November


Bira 91 Raises $70 Mn From Kirin Holdings




Indian beer startup Bira 91 has raised $70 Mn (INR 572 Cr) from the Japanese beverage conglomerate Kirin Holdings. In a company statement, the beer startup said it would be deploying the incoming funds to build new breweries and expand the production capacity of existing breweries. Read More


Ultraviolette Automotive Bags Funding To Launch Its Electric Two-Wheeler Soon

Electric mobility startup Ultraviolette Automotive has raised an undisclosed amount of investment in Series D funding round from Qualcomm Ventures and Lingotto, which was earlier known as Exor Capital. Read More


23rd November




Startup founders need to be data-informed, not just ‘data-driven’

Among all the buzzwords startups use when pitching investors and in their marketing, “data-driven” is nearly at the top of the pile. But what does being data-driven really mean? Read More


How startups can lower their chance of a down round in a downturn

The world has never been more software-centric, meaning that the core startup product is well aligned with long-term macroeconomic trends. That’s good. Consumers are also holding up better than some expected given the global backdrop of rising interest rates and hard-to-tame inflation. Read More


24th November




Registrations Open For Startup India Mentorship Portal MAARG

As part of its mentorship initiatives, the Department for Promotion of Industry and Internal Trade (DPIIT) has given a call for registration of homegrown startups on the MAARG portal. Read More 


Govt Funded 66 Agritech Startups To Spur Millet Consumption: Agri Minister

The government has so far invested around INR 6.25 Cr in 66 agritech startups to spur the consumption of millet in the country, said Agriculture Minister Narendra Singh Tomar on Thursday (November 24). Read More  


25th November




South Africa’s Revio allows businesses to connect to multiple payment methods and reduce failures

Revio makes it easier for businesses across Africa to connect to multiple payment methods and manage payment failures is announcing that it has raised $1.1 million in seed funding.  Read More

Be like Gmail? Proton Mail will soon offer email categorization, message scheduling, and more

Proton, the Swiss company behind a suite of privacy-focused products including email, has teased a fairly substantial upgrade for its flagship Proton Mail and calendar services. Read More


26th November




Zomato Launches Hindi Version Of The App, Claims To Be Delivering 150K Orders A Month Via Regional Apps

Foodtech unicorn Zomato has said that its mobile app is now available in Hindi and some other regional languages such as Bengali, Gujarati, Kannada, Malayalam, Punjabi, Marathi, Tamil and Telugu. Read More


Paytm, Zomato Rollout INR 944 Cr Worth ESOPs, Benefits To Top Brass In H1 FY23

Even as shares of Zomato and Paytm continue to be in free fall, the top executives of these new age tech tech companies took home crores in employee stock options in the first half of the financial year 2022-23 (FY23). 

 Read More


27th November




Lawyers see crypto regulation coming in 2023 because industry needs to rebuild trust

Despite an uneven year in the crypto markets, many market participants are unperturbed about the long-term health of the sector and say that legal frameworks in 2023 could restore trust in the industry.  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


Startup News: 12th September 2022 - 18th September 2022

Startup News: 19th September 2022 - 25th September 2022

Startup News: 26th September 2022 - 2nd October 2022

Startup News: 10th october 2022 - 16th october 2022

Startup News: 24th October 2022 - 30th October 2022

Startup News: 7th Nov 2022 - 13th Nov 2022

Pallavi is fond of exploring different industries in writing genres and trends on Instagram.

When she is not writing, she is thinking about sustainability and making her surrounding a better place.