Infosys signs $2 Billion AI deal🤝🏻
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Tech Updates
Infosys signs five-year AI deal with $2 billion target spend
Cash-strapped quick commerce startup Dunzo eyes $20 million more from Reliance Retail
Fintech startups crowd NBFC queue to enter credit lane
Karnataka offers 100 acres to Foxconn subsidiary in Tumakuru, talks in early stages
Sleepwell-parent acquires Kurlon, scoops up 35% stake in Furlenco
Online B2B marketplaces a $200 billion opportunity by 2030, says report
Funding Deals
Insurtech firm RenewBuy has scooped up $40 million in its ongoing Series D funding round from Japanese insurance major, Dai-ichi Life Holdings Inc.
Factors.ai, a business-to-business (B2B) analytics software firm, has raised $3.6 million in a pre-Series A funding round led by Stellaris Venture Partners.
Radiohead Brands, the parent company of Jimmy’s Cocktails, has secured ₹11 crore in a pre-series A funding round from Vijay Shekhar Sharma and Prath Ventures. The proceeds will be used for expansion of its new energy drink, Hustle.
Fan monetisation platform ReDesyn has raised Rs 3.5 crore in a compulsory convertible debenture (CCD) round led by Real Time Angel Fund (RTAF), a SEBI registered angel fund based in India along with marquee investor Sukhbir Singh.
Open-source low-code platform ToolJet has raised fresh funds co-led by M12, Microsoft’s venture fund and GitHub via the M12 GitHub Fund to fuel its next stage of growth.
Tweet of the day🐥
“Expect problems and eat them for breakfast.”
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