Covrzy, an emerging insurtech startup, has successfully raised Rs 3.2 crore in a pre-seed funding round. The investment was led by prominent venture capital firms Antler and Veda.VC. This funding marks a significant milestone for Covrzy as it strives to disrupt the insurance industry with its innovative approach and technology-driven solutions. Funding Details: The pre-seed …
India’s IT sector, known for its significant contributions to the country’s economy and employment, is expected to witness a decline in the recruitment of freshers for the fiscal year 2023-2024 (FY24). Industry experts project a substantial reduction of around 40% in the hiring of entry-level talent by IT companies. This anticipated decrease reflects the evolving …
JPMorgan, one of the world’s largest financial institutions, has announced plans to invest over $200 million in emerging carbon removal technologies. This significant commitment reflects the bank’s dedication to addressing climate change and supporting innovative solutions to reduce greenhouse gas emissions. The investment will be directed towards promising projects and companies that are developing cutting-edge …
As the global economy rebounds from the impact of the COVID-19 pandemic, a surge in entrepreneurship is being witnessed worldwide. Entrepreneurs, fueled by newfound optimism and evolving market dynamics, are seizing opportunities to innovate, create jobs, and drive economic growth. The pandemic-induced disruptions and changing market landscape have served as catalysts for entrepreneurial endeavors. As …
SoftBank Group, the Japanese conglomerate known for its investments in technology companies, is reportedly considering the launch of credit funds aimed at providing financing options to startups in need of capital. The move comes as SoftBank seeks to diversify its investment offerings and further support the growth and expansion of promising tech ventures. Traditionally, SoftBank …