Betterplace Launches Upskilling and Discovery Platform for Gig Workers

Bengaluru-based HRMS (Human Resource Management Software) platform for workforce management Betterplace has launched its platform for upskilling gig workers or part-time workers, Rocket, across six cities. The platform was piloted in Bengaluru and Mumbai in March 2022 and has close to 50,000 users as of date. The platform offers over 50…

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Awign Partners With Kerala Development and Innovation Strategic Council to Boost Employment in the State

Awign, a tech-enabled work fulfilment platform has signed a Memorandum of Understanding (MoU) with the K-DISC, Government of Kerala’s Development and Innovation Strategic Council to provide employment opportunities on its platform for the youth of Kerala. Transforming the Future of Work, the gig economy has the potential to impact 23.5 million workers…

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Startup Digest: Zomato Instant to Remain in the Pilot Phase, 18% GST on Sale of Ad Space on E-commerce Sites & Twitter Sues Musk as He Seeks to End $44BN Merger Deal

Zomato Instant will continue to remain in the pilot phase, 18% GST on sale of ad space, Twitter sues Musk & Anukul opens India’s first private rocket engine factory Zomato’s 10-minute food delivery service ‘Instant’ will continue to remain in the pilot phase until it makes business sense, founder Deepinder…

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The Creator Economy: Audience, Community & Revenue

As per reports, there are about 637 million smartphone users in India who spend an average of 4.6 hours per day consuming content. The country also has the highest data consumption per smartphone with 448 million active social media users. These numbers have led to the establishment of the ‘creator…

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Rondas de la Semana: Startups, Fondos Y Sectores Que Movieron LatAm

Un reporte de*Movile* (el holding detrás de *iFood*) dirigido por la plataforma brasileña de innovación *Distrito* identificó que se pactaron 4.200 transacciones en Brasil, México, Colombia y Argentina en los últimos cinco años y el 51% de estas se hicieron el año pasado. La mayoría ocurrió en Brasil (61%), seguido…

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Swiggy Offers Managerial Roles to Delivery Workers

Foodtech unicorn Swiggy on Monday launched an accelerator programme for its delivery executives to transition into full-time, managerial-level jobs with a fixed salary and additional benefits. The programme, named “Step-Ahead” is aimed at giving an opportunity to those executives who want to move from their current blue-collar delivery work role…

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Egypt State Banks Setting up US $85 Million Fintech Innovation Fund

CAIRO, March 20 (Reuters) – Egypt’s three biggest state-owned banks are setting up an $85 million financial technology fund that aims to accelerate innovation in the sector, venture capital firm Global Ventures, a partner in the fund, said on Sunday. Legislative and regulatory changes in Egypt over the last two…

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Record Year for Global VC; Local Heroes Take the Spotlight

In the spirit of EOY reflections –I promise that this digression is relevant to the topic of this email, explosive growth in Global South VC — it is worth mentioning that when I wrote my first “V-shaped recovery” post some 15 months ago; Capria Fund had only 73 companies in…

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Salesken Raises $22M in Series B Capital Led by Microsoft and Sequoia

Sales conversation AI startup SalesKen has raised $22 million in a Series B round of funding, led by M12, Microsoft’s Venture Fund. The round also saw participation from existing investor – Sequoia India. The funds will be used to accelerate expansion into the North American market and invest further into…

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Unitus Ventures is now Capria India

Unitus Ventures, a leading venture capital firm in India, is joining forces with its US affiliate Capria Ventures, a Global South specialist, to operate with a unified global strategy under a single brand, Capria Ventures.