Groww's Triumph🥇, Kareena Kapoor Khan's Beauty Venture💄
Bhashini's Linguistic Revolution, NoBroker's CallZen Innovation, Threads' Editing Freedom, Funding Deals and more.
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Tech Updates
🚀 Groww Triumphs! India's Leading Stockbroker 🥇
In a spectacular feat, Groww has soared to new heights, outpacing Zerodha to become the reigning monarch of India's stockbroking arena. With an impressive 6.62 million active clients in September, Groww's user base continues its meteoric rise, while Zerodha's remains steady at 6.40 million.🎉📊
🌟 Kareena Kapoor Khan Ventures into Korean Beauty 💄
Bollywood star Kareena Kapoor Khan has joined forces with Vellvette Lifestyle Pvt Ltd, the parent company of Sugar Cosmetics, to establish Quench Botanics, a joint venture dedicated to offering premium Korean beauty products. Get ready for a touch of glam with a touch of Korean skincare and makeup magic! 🌟💅
🌐 Bhashini Expanding Linguistic Inclusion in Payments 🗣️
Bhashini, the government's AI-driven multilanguage national translation platform, is set to broaden its voice-based services in collaboration with the National Payments Corporation of India (NPCI). With this move, UPI-based services will become more accessible, catering to a diverse linguistic landscape and fostering financial inclusion across India. 🔊
🏠 Proptech Unicorn NoBroker Unveils CallZen 📞
NoBroker, a leading proptech unicorn, introduces CallZen, a conversational AI platform. Designed to facilitate call center operations, CallZen offers insights and auditing for calls, chats, and meetings in multiple Indian languages. This innovative tool is set to enhance customer experiences and operational efficiency for NoBroker. 🤖
🧵 Threads Introduces Free Edit Feature! ✏️
Threads, the popular social media platform, is rolling out a new edit button to users free of charge! Now, users can correct typos and make changes within five minutes of posting without having to delete and repost. Unlike X(Twitter), Threads offers this convenient feature without any additional cost, enhancing user experience. ✨
Funding Deals
Gold loan platform Oro Money has secured Rs 105 crore or $12.5 million approximately from Singularity Ventures, Three State Capital and existing investors PI Opportunities Fund and 021 Capital also took part.
Eldercare platform Age Care Labs, which includes technology platform Emoha and care home chain for the elderly with dementia, Epoch, has raised $11 million in a pre-Series B round led by venture capital firms Rainmatter Capital and Gruhas.
Fixed income platform Jiraaf has raised $8.7 million in its Series B funding round co-led by Accel and Harmony Partners. It also saw participation from Capital A and other angel investors.
Agri focused fintech startup KiVi has raised Rs 15 crore led by Caspian Leap for Agriculture Fund, Piper Serica Angel Fund, YAN Angel Fund, Impact Innovators and Entrepreneurs Foundation, among others.
B2B logistics tech platform Oorjaa has raised Rs 5.35 crore in its pre-Series A 2 round from Inflection Point Ventures (IPV), Vinners Platform, Soonicorn Ventures and HEM Angels.
Tweet of the day🐥
“Every great story happened when someone decided not to give up.”
Thanks for reading till the end!