In a major strategic move, Veefin Solutions, a listed fintech startup, has made its first overseas acquisition by purchasing a 50% stake in Walnut, a Singapore-based GenAI startup. This all-cash deal marks a significant milestone for Veefin as it expands its global footprint, adding cutting-edge artificial intelligence (AI) capabilities to enhance its offerings for corporate and banking…
In a major development for India’s growing health-tech sector, QubeHealth, a Mumbai-based healthcare payments startup, has raised funding from two prominent investors: Unicorn India Ventures and CanBank Venture Capital Fund. The undisclosed investment comes as part of QubeHealth’s pre-Series-A funding round, marking a significant milestone in the company’s growth trajectory.
What makes…
A Major Milestone for Whatfix
Whatfix, a digital adoption platform based in Bengaluru, has announced an impressive $58 million liquidity program. This marks the fourth such initiative by the startup, allowing both employees and investors to benefit financially from the company’s growth.
Supporting Employees and Investors
The program gives eligible current and former employees the chance to sell…
A recent report by SkyHive, titled Global State of the Skills Economy, reveals that India reported the highest demand for artificial intelligence (AI) and machine learning (ML) jobs during the first half of 2024, with a notable growth rate of 4.1%. Following India are Germany at 2.5%, Japan at 2.2%, and the US at 2.1%.
The report emphasizes a significant rise in job postings related to AI, ML, and…
InMobi-owned Roposo, a prominent player in the short video space, is undergoing a significant transformation by shifting its focus to social commerce. This strategic pivot aims to enhance monetization opportunities beyond traditional creator-led models, addressing the challenges faced in the short video industry.
Transitioning to Social Commerce
Roposo, originally known for its creator and…
