CreditVidya raises $3 M; Which phones do Indians love?
Fintech startup CreditVidya raised funding of $3 million in a round led by Bharat Innovation Fund, with participation from the founding members of Falcon Edge Capital - Ryan Khoury, Navroz D.Udwadia and Rick Gerson. This is an extension of its $5 million Series B round, which was raised in September 2017 led by Matrix Partners. With the new capital, the startup plans to expand its credit underwriting services to companies in various sectors that are looking to extend credit facilities to their customers.
Indians prefer mid-range phones more than budget ones
Although budget phones are still widely bought in India, a new generation of smartphone buyers, interested in better features and better design, are eyeing the mid-range phone segment, between Rs 10,000 and Rs 20,000. The findings are based on research conducted by gadget discovery site 91Mobiles, who found out that almost 50 percent of users looked up phones in the mid-range segment. In comparison, less than 30 percent of people on their site were interested in budget phones.
Take our Angel Tax Survey
Have you taken our Angel Tax survey yet? It's time to give the startup ecosystem and key stakeholders a place to voice our common concerns about Angel Tax. At YourStory, we've been the voice of entrepreneurs and changemakers for the last 10 years. Now, let's come together to fill out our survey on the angel tax issue. Tell us your concerns. Share your suggestions. Together, we can amplify your concerns. Together, we can knock on the doors of policymakers and decisionmakers in New Delhi. Together, we can get heard and bring about lasting change. #AbolishAngelTax. Take our Angel Tax survey now. Let’s act, not react.
Meet the Monopoly Man
When Google CEO Sundar Pichai was being questioned about the company’s data practices, privacy policies, and transparency at a Congressional hearing last month, there was another person in the same room who put up a spectacular show - the Monopoly Man. A popular board game character, Monopoly man has been brought to life by Washington DC-based policy lawyer Ian Madrigal. In conversation with YourStory, Madrigal sheds light on their brand of ‘cause-play’ and their hopes from Monopoly Man ahead of the 2020 presidential election.
WhatsApp will roll out new features
In a move to win over more users, WhatsApp is rolling out a host of new features for both WhatsApp mobile app and WhatsApp Web in the weeks to come. These new features would include a fingerprint lock, a dark mode (to reduce the pressure on your eyes at night), 3D touch action, a revamped audio picker, private reply option, sticker integration, and picture-on-picture – a feature that will allow users to watch videos without exiting WhatsApp.
The OYO of learning
Founded by Manish Dhooper and Kunal Malik, Planet Spark is a Gurugram-based edtech startup that aims to transform traditional tuitions for KG to Class 8 students by combining physical teaching with mobile technology. It follows an OYO-like model to blend the gamified learning aspect with offline teachers. With this ‘blended’ learning approach; the startup is looking to establish a presence in 10 cities with 20,000 learning centres in the next three years.
Amazon's Echo Input - good or bad?
Amazon has added the Amazon Echo Input - without a speaker - to its Echo series. Extremely compact, much smaller than the rest of the Echo devices, Echo Input can be connected to your speaker either wirelessly through Bluetooth or through an AUX cable. This means it can connect to virtually any speaker - including your home audio system.
Now get the Daily Capsule in your inbox. Subscribe to our newsletter today!