Raise launches Upsurge📊, Rario to launch marketplace🏏, Startups created 7.68 lakh jobs in past 6 years🚀
Raise launches new learning platform, Rario set to reopen with own blockchain, Indian startup ecosystem created 7.68 lakh jobs, Funding Deals and more.
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Mumbai-based Raise launches new learning platform Upsurge📊
Mumbai-based Raise Financial Services said that it was launching a financial learning platform Upsurge, aimed at simplifying learning about markets, understanding finance, and managing money.
The financial literacy platform is targeted at late millennials and early GenZ audiences, it said.
Upsurge is built and operated by Valuationary, the Surat-based e-learning platform which was acquired by Raise in April this year.
With the launch of Upsurge, Raise plans to provide engaging learning experiences, interactive live sessions, self-learning, help tasks, and bite-sized content to promote financial independence, the company said in a statement on Wednesday.
NFT platform Rario to launch marketplace in August🏏
Dream Sports-backed cricket non-fungible token (NFT) platform Rario will launch its marketplace in August, after abruptly halting trading in March amid regulatory uncertainty surrounding virtual digital assets.
It has also transitioned out of Polygon to its own private blockchain, called Rario Chain, senior executives said on Monday.
Singapore-based Rario was founded by Sunny Bhanot and Ankit Wadhwa amid a global boom in NFTs and cryptocurrencies.
Last August, Rario partnered with Polygon to mint digital collectibles of cricketers Zaheer Khan, Smriti Mandhana, Shefali Verma, Shakib Al Hassan and Faf du Plessis. Those collectibles will move to Rario Chain and all new NFTs will also be on the company’s private chain, executives said.
Hot Shorts⚡
Fitterfly, a health-tech startup has bagged $12 million in Series A funding round led by Amazon Smbhav Venture Fund and Fireside Ventures.
xQ, an edtech startup that teaches young people how to make videos, has raised $1.4 million (Rs 11.18 crore) from a small group of high-net-worth individuals (HNIs).
Edtech startup Geekster has raised $1.30M in a Pre-Series A round led by Inflection Point Ventures with participation from MyNavi Corporation, Japan.
Trainman, an online train ticket booking platform, has bagged $1 million in its seed funding round led by marquee US investors like Goodwater Capital, Hem angels and others.
Agritech startup Growcoms has raised $1 million (about Rs 7 crore) in Pre-Series A round of funding from Info Edge, to scale up operations.
➡️ Check out our LinkedIn space to read more on the funding deals.
Indian startup ecosystem created 7.68 lakh jobs in the past six years🚀
India has registered about 72,983 startups in the last six years, and these companies have generated about 7.86 lakh jobs over this period, the government informed Parliament on Wednesday.
Maharashtra pipped Delhi and Karnataka – frequently dubbed the startup capitals of India – in terms of the number of startups registered and jobs created since the Startup India initiative was launched in January 2016, according to the government data.
While Maharashtra topped the list with about 13,519 startups registered and 1.46 lakh jobs created in six years, Karnataka and Delhi came in second and third, respectively.
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