Anchanto raises $4 M; Bengaluru is the smartest city, says Mayor
Thursday July 05, 2018,
2 min Read
Singapore headquartered pan-Asia SaaS technology company Anchanto on Wednesday announced raising $4 million in the first round of its ongoing Series C investment, led by MDI Ventures, Telkom Indonesia’s corporate venture capital arm. MDI funding comes after Series B funding from Transcosmos Inc Japan, and Luxasia Group, Singapore, in May 2017. The proceeds of the fund will be used to expand the market outreach and build stronger regional Southeast Asia presence.
Incubated at IIT-Delhi, Clentsa is a startup that has come up with a patent-pending shampoo and body bath that can be used without water. The firm’s vision is to provide innovative and easy solutions for day-to-day health and hygiene-related problems by reducing the dependence on water. It has already come out with a resource-friendly hygiene product line, which was delivered to the government in 2017, and is now bidding or military contracts.
The Mayor of Bengaluru, R Sampath Raj, says pod-taxis, electric cars and bikes will soon be introduced to aid citizens in last-mile connectivity from metro stations to major business centres in the city. “We will reduce traffic by 10 to 15 percent in a few years,” he says. He said air-ambulances (helicopters) are also being introduced in the city to help citizens during emergencies. He called the city the smartest because of its citizens being able to build for global problems.
From carpooling to co-working, millennials are digital nomads who thrive in the world of sharing economy. Paying guest homes and hostels are not the only option for accommodation any more - co-living is the new kid on the block, a trend that is fast catching up with youngsters. From carpooling to co-working, millennials are digital nomads who thrive in the world of sharing economy. More startups are emerging in the space, making living easier for youngsters. The following are a few.
Shortly after the government ordered WhatsApp to curb the spread of “irresponsible and explosive messages filled with rumours and provocation” on its platform, the Facebook-owned messaging service has written a letter to the Ministry of Electronics and Information Technology (MeitY), stating it needs cooperation from government and civil society to fight the menace.
Now get the Daily Capsule in your inbox. Subscribe to our newsletter today!