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TrulyMadly raises Rs 16 crore funding; investors include Paytm founder

Dating app TrulyMadly on Tuesday said it has raised Rs 16 crore (USD 2.1 million) in funding from Venture Catalysts, 9 Unicorns, Paytm founder Vijay Shekhar Sharma and others.
Early stage investor advisor Jana K Balan, Neil Bahal from Negen Capital, angel investor Ruchi Sihare and existing investors Inflection Point Ventures, The Chennai Angels and AngelList also participated in the pre-series A round, a statement said.
Paytm founder Vijay Shekhar Sharma, InMobi co-founders Abhay Singhal and Piyush Shah, Nodwin Gaming founder Akshat Rathee and Dr Vaidya s founder and CEO Arjun Vaidya also joined the round, it added.
TrulyMadly will deploy the capital to build new product offerings, expand to new geographies and boost its technology by leveraging Artificial Intelligence (AI) powered platform features and Machine Learning (ML) algorithms, it said. ....

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Allahabad HC suggests complete lockdown in UP as Covid-19 cases rise

The court further directed that all public gatherings must be restricted to 50 persons immediately.
We understand that complete lockdown for weeks together may not be feasible but looking at the current surge of pandemic, we direct the government to look into the viability of complete lockdown in those districts where spread has increased alarmingly, the court stated in its order on Tuesday.
Hearing a PIL related to Covid-19, a division bench comprising Justice Siddhartha Varma and Justice Ajit Kumar, made it clear that if the court learns of anyone moving on roads without mask, the court shall take it as an act of contempt on the part of police and will certainly haul up the Senior Superintendent of Police (SSP), Prayagraj and other concerned districts for the same. ....

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