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Startup News: 2nd November 2020 - 8th November 2020 9th Nov'20
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Let's start the new week with a round-up to last week's startup stories. We hope that you have a productive week ahead.
2nd November, Monday
CHANNELS B ig Te ch an d Re ce n t IPOs B ook Re vie w Climate Risk & ESG Risk Cryp to Curre n cy D rive Sale s & CRM Ed Te ch In d ustry Fash ion In d ustry
1. AI-led recruitment platform TurboHire raises $1million in seed funding Hyderabad-based AI-driven recruitment platform TurboHire has raised $1 million in seed funding for its disruptive solution that enables recruiters to hire better quality candidates at reduced costs, much faster. Read more.
2. Women-focused
Fin an cials Fin Te ch Fitn e ss an d D igital He alth Food In d ustry
ntech startup Lucy bags $360k in pre-seed round
Neobank Lucy, a ntech company that supports women entrepreneurs, it has just raised
Future Te ch
S$500,000 (US$365,787) in an all-women pre-seed round. Lucy will be of cially launched in early 2021 in Singapore, Read more, click here.
In cub ators an d Acce le rators
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3. Govt framing rules for easy foreign listing of start-ups and MSMEs
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New rules will formalise an industry practice, reduce costs of transaction. The plan is to allow such listing in eight jurisdictions to begin with. These include the US, the UK, South Korea, Japan, France, Germany, and Canada. To read the full story, click here.
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3rd November, Tuesday
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Op e n Grow th Acad e my Op e n Grow th Hub Prod uct-Marke t Fit Raise Cap ital Re al Estate an d Con struction Re mote Work Social In n ovation s Startup B asics
1. Edtech Startup Expertrons Raises Funding From IvyCap Ventures, Plans Big Tech Push Mumbai-based edtech startup Expertrons has raised an undisclosed amount from venture capital fund IvyCap Ventures. The company plans to leverage its consumer base, improve the technology base and put the company on a growth trajectory. Read more, click here.
2. Warren gets $1.4 million to help local cloud infrastructure providers compete against the giants Based in Tallinn, Estonia, Warren’s self-service distributed cloud platform is gaining traction in Southeast Asia, one of the world’s fastest-growing cloud service markets, and Europe. It recently closed a $1.4 million seed round, Read more.
Startup Ne w s Te am B uild in g Te ch n ology of B usin e ss Trave l In d ustry Wome n En tre p re n e urs
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4th November, Wednesday
Startup News: 16th November 2020 - 22nd November 2020 23rd Nov'20 Startup News 302
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1. Kenyan agri-tech startup Farmers Pride raises $220k funding from Gray Matters Capital’s coLABS Kenyan startup Farmers Pride, a one-stop e-commerce platform that connects village level farmers to quality inputs, services, and information through women-owned DigiShops powered by technology, has raised US$220,000 funding from Gray Matters Capital under its gender portfolio coLABS.Read more, click here.
2. Intel has acquired , a platform to manage, build and automate machine learning
Startup News: 31st May 2021 - 6th June 2021 7th Jun'21 Startup News 61
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Intel continues to snap up startups to build out its machine learning and AI operations. Search the chip giant has Leadership acquired Cnvrg.io, a Articles for Allan Israeli company that has built and operates
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platform for data scientists to build and run machine learning models, which can be used to train and track multiple models Read more, click here.
3. Hustle Fund, a pre-seed
rm, closes $30M for a new fund
Hustle Fund, a pre-seed fund built by former operators and founders, has raised $30 million for a new fund. Hustle Fund was created by Elizabeth Yin and Eric Bahn, two former 500 Startups partners, with the goal of investing in pre-seed software startups. Read more, click here.
Startup News: 24th May 2021 - 30th May 2021 31st May'21 Startup News 99
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5th November, Thursday
Startup News: 17th May 2021 - 23rd May 2021 24th May'21 Startup News 101
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1. AI startup Ushur bags $25M to automate customer interactions Santa Clara, California-based Ushur Inc. has secured $25 million in fresh funding to help enterprises automate how they manage support requests and other customer interactions. Read more, click here.
2. Juggle secures $2.1M to expand its ' exible work' SaaS marketplace for senior execs Juggle. Originally designed as a marketplace to allow executive-level women to re-enter the world of work in a exible manner. now disclosed its funding of $2.1 million from investors in the U.K. and the U.S. Investors include a number of the U.K.’s leading angels,read more, click here.
6th November, Friday
Startup News: 10th May 2021 - 16th May 2021 17th May'21 Startup News 87
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Leadership for All 1. Slintel grabs $4.2M seed to grow sales intelligence platform
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Slintel, an early-stage startup building a sales intelligence tool, announced a $4.2 million seed. Deepak Anchala, company founder, build a tool to provide the sales data. Read more, click here.
2. Car accident prevention start-up Provizio raises €6.2m Irish accident prevention technology rm, Provizio, has raised €6.2m in seed investment. use the money to grow its arti cial intelligence driven platform, aims to revolutionise car safety. Explore further, click here.
7th November, Saturday
1. Vimeo raises $150M, while IAC is 'contemplating' a spin-off Vimeo has raised $150 million in new equity funding, it has a goal to simplify how businesses create and share video, with tools that are far more intuitive and costeffective. Read more, click here.
2. Chinese edtech startup VIPThink bags $180m in round led by Vision Fund 2 Chinese edtech startup VIPThink, which is also known as Wandou Siwei. has secured US$180 million in a series C round led by SoftBank Vision Fund 2. Read more.
8th November, Sunday
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1. Shell India plans to incubate 25-30 start-ups every year from 2022 Search Articles Leadership for All to engage with 25-30 start-ups every year Energy company Shell India is planning from 2022 onwards through its E4 Programme . Read more, click here.
2. Israeli venture capital fund raises $110 million The fund was founded and is run by investors who worked with companies like Waze, Moovit and WalkMe. Israeli venture capital rm 10D has raised over $110 m. to launch a venture capital fund. Read more, click here. We, at OpenGrowth, are constantly looking for latest news in the startup ecosystem. If you want to share any important news from last week, then do let us know in the comment section below. News Curated by: Priya Nath Priya is an enthusiastic person who believes in gender equity and social impact. She has a keen interest in startups. Her passion includes owning innovative gadgets, networking and psychology.
Sources/References: *Note: The content published above was made in collaboration with our members.
About the author: Editor , OpenGrowth Content Team The Editorial Team at OpenGrowth is working to provide you with the perfect place to know everything about startups. Feel free to connect to us. Read more articles written by the author
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