TagMango Raises Seed Round Funding Of INR 5.5 Cr From Y Combinator, Kevin Lin And XRM Media

The company aims to target the next 500 million Internet users of India and to convert creators/influencers into entrepreneurs

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Indian creator monetization startup TagMango on Friday announced that it has raised around INR 5.5 crore in a seed round funding led by Y Combinator, Kevin Lin (co-founder of Twitch), XRM Media, Pioneer Fund, and Angel Investors from the US and UAE.

Tapping into the creator-audience interaction space, the company aims to scale the Indian creator’s ecosystem by empowering homegrown creators with sophisticated monetization channels, tools, and features to build a sustainable business.

And by turning Indian creators into entrepreneurs, the startup aims to foster

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Trump to Congress: Repeal Section 230 or I’ll veto military funding

A man in a suit points from a small desk.
Enlarge / Donald Trump speaks from the White House on Thanksgiving Day.

President Donald Trump has long been an outspoken foe of big technology companies. And in recent months, he has focused his ire on Section 230, a provision of the 1996 Communications Decency Act that shields online platforms from liability for content posted by their users.

In May, Trump called on the Federal Communications Commission to reinterpret the law—though it’s not clear the agency has the power to do that. Since then, he has tweeted about the issue incessantly.

On Tuesday evening, Trump ratcheted up his campaign against Section 230. In a tweet, he called the law “a serious threat to our National Security & Election Integrity.” He warned that “if the very dangerous & unfair Section 230 is not completely terminated as part of the National Defense Authorization Act (NDAA), I will be forced to unequivocally VETO

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Port Authority Working To Finalize Design And Funding For Bus Rapid Transit

Construction of Pittsburgh’s bus rapid transit or BRT project is expected to begin in late 2021. Port Authority of Allegheny County is working with a project management oversight consultant from the Federal Transit Administration to ensure the agency meets the remaining requirements, which include finalizing funding and design.

This summer, the federal government awarded nearly $100 million to the BRT project. Before the money can be released, Port Authority must show it has all other funding in hand. Chief development officer David Huffaker said they are in the final phases of doing so.

“It’s been a very good fall for locking up some of the last commitments,” he said, adding that the City of Pittsburgh and Allegheny County are updating their project budgets, and Port Authority is finalizing commitments in its own capital budget.

In January, the agency will start a final round of public outreach.

“This is kind of

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[Funding Alert] Waste Recycling Company Thermowaste Solutions Plans To Invest $1 Mn For Expansion

Under their Swachh Bharat initiative, the platform aims to work closely with different stakeholders to ensure that plastic waste is handled and recycled properly

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Thermowaste Solutions announced to invest $1 million over the next two years to expand in more cities such as Jamshedpur, Hyderabad, Lucknow, and Ahmedabad to grow its recycling capacity.

The company at the forefront of sustainable waste management has expanded to seven major cities in the last six months such as Delhi, Ghaziabad, Noida, Faridabad, Jaipur, Muradabad, and Gurgaon.

“Recycling is more than just a response to the environmental crisis and has assumed a symbolic role in beginning to change

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[Funding Alert] Radio Technology Startup Inntot Technologies Raises Bridge Round From Unicorn India Ventures

Funds raised will be used for procuring vastly refined and precision digital radio test equipment

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Kerala-based technology-driven startup Inntot Technologies has announced to have raised an undisclosed bridge round from Unicorn India Ventures. The venture company first seeded the company in 2018.

The platform focuses on providing high quality and cost-effective IP solutions for next-generation digital media broadcast receivers, namely, Digital Radio Mondiale (DRM) for amplitude modulation (AM) and frequency modulation (FM) bands receivers, digital audio broadcasting (DAB)/DAB+ receivers, call detail record (CDR) receivers and integrated services digital broadcasting (ISDB-T) receivers and HD-radio (HDR) receiver in collaboration with Xperi.

The company plans to use

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Payments Startup Stripe in Talks for Funding at $70 Billion Valuation or More

(Bloomberg) — Private financial technology business Stripe Inc. is in talks to raise a new funding round valuing it higher than its last private valuation of $36 billion, according to people familiar with the matter.



Patrick Collison sitting in front of a window: John Collison, president and co-founder of Stripe Inc., left, and Patrick Collison, chief executive officer and co-founder of Stripe Inc., sit for a photograph after a Bloomberg Studio 1.0 television interview in San Francisco, California, U.S., on Friday, March 23, 2018. Stripe Inc. provides payment software services and solutions by designing and producing software to process online credit and debit card payments.


© Bloomberg
John Collison, president and co-founder of Stripe Inc., left, and Patrick Collison, chief executive officer and co-founder of Stripe Inc., sit for a photograph after a Bloomberg Studio 1.0 television interview in San Francisco, California, U.S., on Friday, March 23, 2018. Stripe Inc. provides payment software services and solutions by designing and producing software to process online credit and debit card payments.

The valuation being discussed could be more than $70 billion or significantly higher, at as much as $100 billion, said one of the people, who asked not be identified because the matter is private. That would make it currently the most valuable venture-backed startup in the U.S., according to CB Insights.

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Hasty raises $3.7M in funding to speed up computer vision AI training

Artificial intelligence startup Hasty GmbH said today it has nabbed $3.7 million in seed funding as it looks to speed up the development of its next-generation annotation tool for computer vision.

Shasta Ventures led the seed funding round, together with participation from coparion and iRobot Ventures.

Hasty has built an annotation tool that’s used to train vision AI models that are used by computers to understand what they’re seeing when presented with an image or video. In order for a computer to know what it’s seeing, the content of the image or video needs to be labeled, so it can “see” different objects or human faces and read text, for example.

But data labeling is a laborious task, and it’s hindered by the fact that most vision AI models don’t train and update themselves during this process. Indeed, Hasty says that around 80% of a data scientist’s time is spent

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Tech firm Factor AI receives funding to support AI development

Tech firm FactorAI has been awarded funding to support further product development of its artificial intelligence (AI) enabled real time sensor which aims to make the formulated products industry more sustainable.

Dr Jujar Singh Panesar (left) and Dr Andrea De Santis of Factor AI.
Dr Jujar Singh Panesar (left) and Dr Andrea De Santis of Factor AI.

Formulated products include shampoos, moisturising creams and toothpastes, which are composed of at least two ingredients.

Leeds-based FactorAI embed AI enabled sensors in factories that manufacture formulated products, allowing manufacturers to combine real time data capabilities with artificial intelligence to help them innovate quicker and reduce waste. The funding from InnovateUK’s SBRI Sustainable Innovation Fund will support FactorAI in its development of its proof-of-concept solution to enable the formulated products industry to manufacture products sustainably.

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The business was founded by Dr Jujar Singh Panesar and Dr

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[Funding Alert] Insuretech Platform Turtlemint Raises $30 million


6 min read

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Mumbai-based insuretech platform Turtlemint on Wednesday announced to have secured $30 million in a funding round led by GGV Capital. New investors American Family Ventures, MassMutual Ventures, and SIG, along with existing investors Sequoia Capital India, Blume Ventures, Nexus Venture Partners, Dream Incubator, and Trifecta Capital also participated in the round.

“For over five years, Turtlemint through its PoSP (point of sales person) model has been empowering insurance advisors in over 5,000 metros, cities, and towns across India. Aside from the ease of doing business, sales growth is crucial for an advisor. The Turtlemint platform enables this through tools like a mobile CRM (customer relation management) to manage customers, a repository of video content that they can use for customer education, and social media marketing features

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