Ola's 10-min food delivery⚡, CoinSwitch disables deposits🚫, TechM launches Meta Village🥽
Ola's 10-min food delivery⚡, CoinSwitch disables deposits🚫, TechM launches Meta Village🥽
Ola, Swiggy to explore quick food delivery, CoinSwitch Kuber disables rupee deposits, Tech Mahindra launches 'meta village', Funding Deals & more.
Morning folks🙋🏻♂️,
Start your day, the smart way!
Latest updates from startups, along with a daily dose of motivation, are delivered to your inbox.
1 Mail | 2 Minutes | 3 Stories | Funding Deals
Let’s get started
After Zomato, Ola, Swiggy explore quick food delivery⏩
The quick delivery space is seeing increased activity after Zomato announced it planned to pilot 10-minute food delivery last month.
Ola has begun offering select dishes in some parts of Bengaluru within 10 minutes through its quick commerce arm Ola Dash. Items on the menu include khichdi, pizza and rolls, which Ola described as “freshly prepared”.
Swiggy is also exploring faster food delivery, though it isn’t clear if it is targeting 10 minutes.
Ola will use the facilities of food robotics startup Mukunda Foods, which recently picked up $5 million from Zomato for a 16.66% stake.
CoinSwitch Kuber temporarily disables rupee deposits🙅🏻
Crypto trading platform CoinSwitch Kuber temporarily suspended all rupee deposit services on its app on Tuesday, amid growing uncertainty around these digital assets in India.
The company’s mobile application has stopped INR deposits via Unified Payments Interface (UPI) and bank transfers (NEFT/RTGS/IMPS).
US-based Coinbase halted UPI payments just three days after it launched its trading services in India last week. It came under the National Payments Corporation of India's (NPCI) scanner after it said it will allow users to purchase cryptocurrencies using UPI.
Hot Shorts⚡
Artificial intelligence startup Observe.ai has raised $125 million in a new round of funding round led by Softbank Vision Fund 2.
Deep tech software-as-a-service (SaaS) company Spyne has raised $7 million in a funding round led by US venture capital firm Accel.
LimeChat, which offers an artificial intelligence (AI)-powered chatbot, has raised $4.2 million in a funding round led by Stellaris Venture Partners.
Bengaluru-based fintech startup iTribe has raised $1 million in a funding round from investors such as Eximius Ventures, Kunal Shah (Cred), Incisive Ventures, and several angel investors.
Tech Mahindra launches 'meta village' for gamified learning🥽
Makers Lab, the research and development arm of Tech Mahindra, has announced the launch of ‘Meta Village’- a digital version of Pargaon in Maharashtra to gamify learning on its Roblox platform.
The Meta Village will enable the students to learn the basics of computers and coding in Bharat MarkUp Language - a platform built by Makers Lab that enables anyone to code in their native language.
Paragaon is the first Indian village to get a digital twin in Metaverse. The students would be able to access classrooms in Meta Village for live as well as offline sessions, the company said.
Tweet of the day🐥
🚀 Join our Telegram channel for more insights.
Other Top Stories
🔌 Edtech startup Skill-Lync builds EV to help students gain insight into auto industry
⭕ Trading volumes on top crypto exchanges touch a six-month low
"The greatest step towards a life of simplicity is to learn to let go."
- Steve Maraboli
Thanks for reading😊
We'll be back with more interesting stories and updates tomorrow.
Don’t forget to check our Instagram, Twitter, Youtube, and LinkedIn.
Hit 💜, if you enjoyed the article.