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Month: November 2019

Insurance tech startup Acko raises funds from Ascent

Insurance tech startup Acko General Insurance Ltd has raised $16 million in fresh funding from growth capital provider Ascent Capital, according to the company’s filings with the registrar of companies (RoC), sourced from business intelligence platform Paper.vc. The Mumbai-based insure-tech startup received allotments of “10 equity shares of ₹10 each…

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Zephyr Peacock India funds financial solutions startup Loanzen

Private equity fund Zephyr Peacock India Growth Fund, which invests in small and medium enterprises in India, has decided to fund financial solution startup Loanzen, business daily Economic Times reported citing the Press Trust of India. Headquartered in Bengaluru, Loanzen provides financial solutions to the logistics industry. The company plans…

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MyGate: One more startup goes for expansion

After raising Rs 400 crore from Chinese internet giant Tencent Holdings and others, MyGate, a company which provides technology to enhance security and convenience for residents in gated premises, is expanding to other parts of India. The company has forayed into Gujarat, where the Bengaluru-based startup has run a successful…

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Latin America roundup: Neobanks raise $205M+; Softbank backs VTEX

Argentina’s Ualá became the most recent Latin American fintech to receive a growth-stage funding ($150 million) from Asian investors, Tencent and Softbank. This marks Tencent’s second round of investment in Ualá, the first coming in April 2019. Tencent also invested $180M in Brazil’s leading neobank, Nubank in 2018. With Ualá,…

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Thanksgiving: Take a chance to talks about entrepreneurs

Sioux Falls’ entrepreneurship community welcomed in the Thanksgiving Day holiday by hosting a panel discussion with the founder of vegan food brand Tofurky. Tofurky founder and CEO, Seth Tibbott participated in a discussion hosted by Zeal, Startup Sioux Falls, and the South Dakota Biotech Association on Wednesday. The event at…

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Startup piurana Agros wins US technology contest

The startup Piurana Agros achieved the worldwide victory of the Inclusive Innovation Challenge in the Access to Technology category, organized by the Massachusetts Institute of Technology (MIT). “This award goes in recognition to our entire team and, above all, to the thousands of family farmers we are impacting and changing…

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One million investment in Czech e-sport: Petr Andrýsek wants to make the Czech team the European leader

Petr Andrýsek is a Czech entrepreneur who has been involved in e-sport for some time. For the first time he began to break into it when he joined the Madmonq project. That was three years ago, and Andrýsek wanted to help with marketing, promotion and expansion into the United States,…

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