Startup news and updates: daily roundup (June 10, 2021)

Jio starts providing vaccine availability information to users via WhatsApp

Telecom operator Reliance Jio Infocomm Limited has started providing information regarding vaccine availability through a WhatsApp chatbot, along with other customer services, according to a company source. The new service enables people to look for COVID-19 vaccine availability, without the hassle of one-time password to refresh the session.

Open to IPO for Flipkart but no specific timeline: Walmart

US retail giant Walmart has said it is "open to an IPO" for its Indian e-commerce arm Flipkart but there is "no specific timeline" for the share sale. Both Flipkart and payment app PhonePe continue to do well, Walmart International President and CEO Judith McKenna said while speaking at the DB Access Global Consumer Conference on June 7.

[Funding alert] Tech-based mentorship platform MentorKart raises $150K led by Startup Buddy’s founders

New Delhi-based mentorship patented platform MentorKart on Thursday announced that it has raised $150,000 in seed round led by Amit Singal and Manish Aggarwal, Founders of Startup Buddy. In a statement, MentorKart said it will utilise the funds for go-to-market plans and further enhance its platform, strengthen its tech capabilities, and build new products.

MentorKart

Founders (L-R): Ashish Khare and SK Mohanty

[Funding alert] Edtech startup Leverage Edu raises $2M in debt round from Trifecta Capital

New Delhi-based foreign university admissions platform, Leverage Edu on Thursday announced that it had raised $2 million in a debt financing round from venture debt firm Trifecta Capital. According to the official statement, the funds will be used to fuel the company’s growth and make further inroads into the interiors of India, apart from accelerating product innovation in line with their student-first approach.

[Funding alert] Kale Logistics raises $5M Series A investment led by Inflexor Ventures

Logistics tech startup Kale Logistics has raised $5 million in Series A funding from Inflexor Ventures, a technology-focussed VC fund. The round also saw participation from other existing investors. The startup aims to utilise the funding towards product enhancement and global business growth by deploying the solution at additional overseas airports, ports, and enterprise cargo handling customers.

PC gaming gaining traction, women see gaming as viable career option: HP report

PC gaming is gaining strong traction in the country with gamers, including women, looking at the activity as not just a stress buster but a viable career option, according to a study by HP India.

Women gamers

Bharat Biotech expects peer review of Covaxin's Phase 3 trials data in Q4 2021

Bharat Biotech, which is yet to publish the data of its COVID-19 vaccine Covaxin phase-3, expects a peer review of the jab in two to four months after it was given to scientific journals, said Raches Ella, Project Lead, COVID-19 Vaccine at Bharat Biotech on Wednesday.

Amazon India vaccinates over 1 lakh frontline associates, staff, dependents

Amazon on Wednesday said it has completed vaccinating over one lakh people, including frontline associates, employees and their dependents. The ecommerce major had launched its first on-site vaccination event for frontline teams three weeks ago. These sessions are currently being hosted in 26 cities, including key metros and cities such as Ludhiana, Ranchi, and Raipur in conjunction with licensed healthcare partners, a statement said.

SIDBI urges MSMEs to take benefit of its schemes

The Small Industries Development Bank of India (SIDBI) has urged micro, small and medium enterprises (MSMEs) to take advantage of its various schemes, including cluster development programmes. Addressing a virtual seminar organised by ASSOCHAMSIDBI Chairman and Managing Director, S Ramann said that the institution is closely monitoring development in upcoming sectors like pharma and defence, and is developing attractive products for them.


Edited by Anju Narayanan



Link : https://yourstory.com/2021/06/startup-news-and-updates-daily-roundup-june-10-202
Author :- Team YS ( )
June 10, 2021 at 12:31PM
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