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Embedded credit fintech BharatX gets seeded with $4.5Mn from YC and others

Through its embedded credit platform, BharatX lets consumer convert their spends into easy EMI options, including new & innovative ways, such as ‘Pay 3’.

SoftBank hits new low, logs record loss as tech shares plummet, Vision Fund bets falter

SoftBank has failed to hit the spot on 32 out the 34 total companies on their portfolio, including major ones such as Grab and recently IPOed Paytm.

ApnaKlub gets $10Mn in Series A to address challenges in India’s FMCG distribution system

ApnaKlub allows anyone with a smartphone to earn supplemental income by aggregating demand and supplying FMCG goods to retail (kirana) stores in their local community.

Google’s Android 13 Beta 2 rolls out today, with increased focus on privacy and user controls

At its annual developer conference – the Google I/O 2022 – Google…

Google launches the $449, Tensor-powered Pixel 6a, announces Pixel 7 for this fall

The Pixel 6A is priced at an aggressive $449, is powered by the ever-powerful Google Tensor chip and comes loaded with Android 13 and added security features.

Google I/O 2022: Maps gets “Immersive View,” Auto Summary comes to Google Docs, and more

At this year’s I/O 2022, Google unveiled a slew of software upgrades, including some critical ones on Google Maps, Google Chat, Youtube, Chrome and much more.

“Informal pressure” from RBI caused trading to halt: Coinbase CEO Brian Armstrong

Despite early setback, Coinbase CEO Brian Armstrong wants to continue with the advance in Indian demographic, even if it isn’t the most profitable decision for the company.
Delhivery

Ahead of its IPO, Delhivery lands ₹2,347 crore from 64 anchor investors

75% of the Delhivery IPO issue has been reserved for qualified institutional investors, 15% has been reserved for non-institutional investors, and the remaining 10% for retail investors.

CoinDCX launches CoinDCX ventures, commits to Web3.0 ecosystem growth in India

India’s largest cryptocurrency exchange platform CoinDCX, in a display of confidence in…

Cryptocurrency exchange KuCoin raises $150Mn, now valued at $10 Billion

Cryptocurrency exchange platform KuCoin has raked in $150 Million in a fresh pre-series B fundraise. KuCoin, a fourth year startup, is now valued at a towering $10Bn.
Razorpay

Razorpay’s announces $75Mn fresh secondary share sale, its biggest ESOP buyback to date, Lightspeed, Moore Ventures participate

Fintech unicorn Razorpay has announced its latest secondary share sale. And at…

Here’s what to expect in Google I/O 2022

As has been the norm post pandemic, this year’s Google I/O will be taking place online too, and you can watch the live-stream on YouTube. It is free for all to attend.
Instagram

Instagram to soon support NFTs from Ethereum, Polygon and others: Report

In contrast to Twitter, who adopted the approach of charging users a small fee to show off their bored apes wearing Supreme jackets and Cartier chokers, Instagram will not be charging money to use NFTs.

Mirroring stock market bear run, crypto prices slump as bitcoin slips below $34000 over the weekend

Apart from Bitcoin, other popular coins such as Polkadot, Cardano, Uniswap, Terra, XRP, Avalanche, Polygon, and Stellar experienced a fall in prices as well. Solana is another to clock a steep fall as it fell 13% on the week and almost 60% year to date.

Regulatory probe finds faulty battery cells and modules likely cause of e-scooter fires: Report

Govt’s initial assessment says faulty battery cells and modules were most likely behind scooters from Ola, Okinawa and others catching fire on their own. 

Meta adopts hiring freeze to cut costs as revenue growth slows

The ones who hold positions in Meta as of now reportedly do not need to be worried, as Meta has not yet announced any plans for layoffs in the near future.
Fortnite

Microsoft enters into “Epic” partnership that will bring Fortnite as first F2P game in Xbox Cloud Gaming

Excited to get your hands on Fortnite once again? All you need is a Microsoft account and one of the devices mentioned above, no installation or prior memberships are needed.