Tuesday, March 21, 2023
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Funding

The term loan B is reportedly due in 2026 and the interest rate change does not imply a default at BYJU’S end

Founded by former Pinterest engineer Mohak Nahta, Atlys aims to simplify the visa application process for users by using phone cameras to scan documents and providing step-by-step guidance throughout the entire process

The fund will focus on companies operating in the digitalisation, sustainability, financial inclusion, consumption and health sectors

Pravega Ventures led this round with participation from family investors such as Weizmann Group, Telama Family Office and Apurva Parekh, Pidilite Family Office

The incident highlights the importance of implementing robust security measures to protect sensitive data

How Indian start-up founders turned the tables on shrewd Indian venture capitalists

Prior to this, the company secured an undisclosed investment from direct-to-consumer (D2C) investors like Puneet Sehgal (former chief operating officer of Hopscotch), Soumya Kant (co-founder of Clovia), Deep Bajaj and Mohit Bajaj (co-founders of Sirona...

The funds will be used to expand the company's EV cab services across Delhi-NCR and invest in further technological advancements

The incident highlights the potential misuse of AI technology and the need for ethical considerations and responsible use

The funds raised by EaseMyAI will be utilised for product development and working capital