WIMWIsure conducts two lakh passenger, commercial vehicles inspections remotely in FY21
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Last Updated: Apr 16, 2021, 04:22 PM IST
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The Indian motor insurance marketplace has noted a clear shift towards remote Do-It-Yourself checks and inspection-as-a-service because of COVID-19 which has necessitated moving away from physical vehicle inspections, WIMWIsure said in a release.
Agencies
WIMWIsure, AI-enabled insurance service platform for on-demand inspection of insurable assets, on Friday said the company conducted over 2 lakh virtual inspections of passenger and commercial vehicles in the financial year ended March 2021 and also turned profitable during the year. The Indian motor insurance marketplace has noted a clear shift towards remote Do-It-Yourself checks and inspection-as-a-service because of COVID-19 which has necessitated moving away from physical vehicle inspections, WIMWIsure said in a release.
[Weekly funding roundup] 6 unicorns and $2.5B investments in one week creates new record
The second week of April 2021 was unprecedented for the Indian startup ecosystem not only for the quantum of venture funding, but also the speed at which new unicorns emerged.
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The Indian startup ecosystem broke all records after
six startups turned unicorns and $2.5 billion of venture funding was raised in just one week. This unprecedented week set the stage for the remaining nine months of this year to create new benchmarks.
To put it in context, the funding worth $2.5 billion for the second week of April actually accounts for
Shopse raises Rs 40 cr from in funding led by Chiratae Ventures, Beenext
New Delhi, Apr 7:Fintech startup Shopse on Wednesday said it has raised Rs 40 crore in a funding round led by Chiratae Ventures and Beenext.
The funding round also witnessed participation from Pentathlon Ventures, Opus and existing angel investor Abhishant Pant of Yatra Angel Network, the company said in a statement.
“The amount raised will enable Shopse to add great talent, expand market reach to serve the growing demand for their platform and accelerate product development. The team plans to be present at over 2 lakh retail points in 12 months,” it added.
Chiratae, Beenext lead funding in Shopse and 12 more India deal updates ResearchPremium
Point of Sale (PoS) platform Shopse on Wednesday said it has raised about $5.5 million (Rs 40 crore) in a funding round led by Chiratae Ventures and Beenext.
The funding round also saw participation of Pentathlon Ventures, Opus and Abhishant Pant of Yatra Angel Network, the startup said in a statement.
The amount raised will enable Shopse to add talent, expand market reach and accelerate product development. The team plans to be present at over 2 lakh retail points in 12 months, the statement said.
Founded by former PayU employees Pallav Jain, Abhishek Nimonkar and Yagnesh Desai, Shopse provides instant EMI or pay-later service, which it claims is being used by over 10,000 retail points today.
Payments startup Phi Commerce raises $4 million in Series A round led by BEENEXT The company will utilise the funds to bolster its product offering, expand in existing markets and enter new geographies. TechSamvad January 08, 2021 18:53:33 IST PayPhi logo
Pune-based digital payments firm Phi Commerce has raised $4 million in a Series A funding round led by Singapore-based venture capital firm BEENEXT. Yatra Angel Network (YAN) also participated in the round. Founded in 2015, Phi Commerce has created PayPhi, a payment processing platform which processes digital payments at doorstep, online and in-store across a variety of form factors such as cards, internet banking, UPI, Aadhaar, BharatQR, wallets, NEFT, RTGS, and NACH.