Amazon Will Invest USD 1 Bn In India To Digitise SMBs: Jeff Bezos

Amazon is all set to invest USD 1 Bn in India to support small and medium-sized businesses (SMBs), said the company’s founder and CEO Jeff Bezos, on Wednesday, while speaking on the sidelines of the Amazon Smbhav event, which is being held at the JLN Stadium, New Delhi.

Source: INC42



Toyota-Backed Bus Aggregator Shuttl Raising Capital From New Investor

Gurugram-based bus aggregator Shuttl is set to raise USD 8.1 million (about Rs 57.42 crore) as part of its Series C funding round, according to filings with the Registrar of Companies.




Kalaari Leads USD 2 Million Series-A Round In Wysh

Celebrity engagement and wishing platform Wysh has announced raising USD 2 million in Series-A funding led by Kalaari Capital.



Artificial Intelligence

AI Automation Startup Zinier Raises USD 90M In Series C Round Led By ICONIQ Capital

Silicon Valley and Bengaluru-based Zinier, a provider of intelligent field service automation, on Thursday announced it has raised USD 90 million in Series C funding to transform field service workforces with AI-driven automation.




Indonesian Ecommerce Startup Moladin Secures Funding From East Ventures, Others

Moladin, an e-commerce platform for motorcycles, has secured an undisclosed amount of pre-series A funding in a round led by early-stage investor East Ventures.




Microsoft Selects 54 Tech Startups In Its Unicorn Hunt

Microsoft India has selected 54 technology startups for its ‘Highway to a Hundred Unicorns’ program, as part of which the software major will work closely with local governments to strengthen the startup ecosystem in respective states.