Fintech firm Zeta’s valuation climbs to $300M in its first external funding round

Startups looking to expand the reach of financial services continue to receive a nod from investors. Zeta, a fintech firm that runs a full stack neo-banking platform and offers enterprise payments solutions, said today its valuation reached $300 million in its maiden outside funding. Sodexo BRS funded Zeta’s Series C round to take a minority […]

India’s Haptik acqui-hires Los Angeles startup Convrg in international expansion push

Mumbai-based Haptik, which operates a conversational AI platform, has already won several high profile clients in India. Now the five-year-old firm, with newly found significant capital in the bank, is attempting to replicate its success in international markets. On Tuesday, Haptik announced it has acqui-hired Convrg, a Los Angeles-based startup that develops chatbots, to serve customers in […]

China’s coffee upstart Luckin pushes into India and Middle East

Luckin continues to expand at jaw-dropping speed as it announced plans to open shop overseas for the first time. On Monday, the Starbucks challenger from China said it has signed a memorandum of understanding to set up a joint venture with Americana Group, a major international food group. The deal will see Luckin launch a […]

Visa invests in India-based B2B payments platform PayMate’s $25M round

PayMate, a Mumbai-based startup that helps businesses automate and digitize their payments, is raising $25 million in a new round, its founder said, as it looks to expand its presence within India and in international markets. In an interview with TechCrunch, Ajay Adiseshann, founder and CEO of PayMate, said the startup has already raised a substantial […]

ISRO’s Chandrayaan-2 Moon lander mission launch reset for July 22

The Indian Space Research Organization (ISRO) was all set to launch its Chandrayaan-2 mission to deliver a rover to the Moon’s South Pole last week, but a “technical snag” observed during the last hour of launch prep put a hold on those plans. Now, ISRO has officially set a new date for the launch: Monday, […]