Startups

Startups
India’s Qlub Nets $17M for Its QR Code Restaurant Payments Platform
February 01, 2022

Qlub, a startup working on a speedy restaurant pay solution, has raised $17 million for seed financing, Business Standard reported Tuesday (Feb. 1). Qlub works to let customers pay their restaurant bills fast through scanning a QR code on their phone, even without a registration....

Startups
UK Startup InstaDeep Nets $100M to Expand its AI-Decisioning Tools
January 25, 2022

London’s InstaDeep, a startup providing artificial intelligence (AI) decision making tools, has raised $100 million in a Series B round, according to a Tuesday (Jan. 25) press release. The money will go toward bolstering its computing infrastructure, which is made for high-performance decision making applications....

Startups
Turkish Startups Snag Record $1.55B Funding in 2021, a 948% YoY Increase
January 25, 2022

In 2021, several countries set new annual records in terms of deal count and investment value, and Turkey was no different. Last year turned out to be the biggest year for startups in the Western Asia and Southeastern Europe country, after raising a record $1.55...

Startups
Indian Startups Promise 10-Minute Grocery Delivery but Spark Safety Concerns
January 23, 2022

Indian grocery startups are rolling out deliveries in 10 minutes or less, appealing to those who want “quick commerce,” Reuters reported Sunday (Jan. 23). That said, some are concerned about safety, due to bike riders looking to meet the tight deadlines of the deliveries. However,...

Startups
UK’s Contactless Ordering Startup Leslie Makes US Debut
January 19, 2022

U.K.-based on-table ordering startup Leslie has brought its tech to food service and hospitality services in the U.S., just 12 weeks after its initial launch, according to a press release Wednesday (Jan. 19). The company offers a simplified and more efficient way for customers to...

Startups
India’s Oyo Hotel Startup to Target $9B Valuation in IPO
January 19, 2022

Indian startup Oyo Rooms is going public, seeking a $9 billion valuation, Bloomberg reported, citing unnamed sources. The SoftBank Group Corp.-backed hotelier is expected to win approval from the Securities & Exchange Commission, with the offering available this week or next. SoftBank owns 47% of...

Startups
Indian FinTech LegalPay Creates Healthcare Fund for Retail Investors
January 18, 2022

FinTech startup LegalPay has rolled out an interim finance healthcare-focused fund for retail investors, the Economic Times reported Tuesday (Jan. 18). The fund will be available to those willing to invest a minimum of Rs 10,000 (approximately $134) for every opportunity, in asset-backed legal and...

Startups
Zimbabwe’s AgriTech Startup Cholsas Aims to Connect Farmers, Markets and Suppliers
January 17, 2022

Cholsas, an agriculture B2B eCommerce market, intends to bridge the divide between various factors of the farming industry, according to a TechZim report Monday (Jan. 17). In Zimbabwe, where Cholsas is based, farming is on every tax bracket. Some do it as a side hustle,...

Startups
Startups in Brazil Attract Capital Topping $9.4B in 2021, Doubling 2020
January 13, 2022

Startups in Brazil attracted record-breaking levels of funding in 2021, with over $9.4 billion raised in the innovation market — almost 2.6 times more than the $3.5 billion notched in 2020, according to The Rio Times and other reports on Thursday (Jan. 13). According to...