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Tuesday

5 stories you need to know from India's startup ecosystem.

5Stories
3Min Read
01
Lite Updates 5 min read

Sunil Bharti Mittal to Step Down as Airtel Payments Bank Chairman, Shabnam Sinha to Succeed Him

A payments bank is a restricted licence. It can take deposits up to a capped amount per customer, issue debit cards and move money, but it cannot lend. That single prohibition determines everything about how the business…

02
Funding 4 min read

NeoGeo Raises $20 Million in Series A Co-Led by Neev II Fund and Aavishkaar Capital to Fund Expansion

NeoGeo sits in the middle of the geospatial value chain rather than at either end. It does not own a satellite constellation, and it does not simply resell mapping software. It acquires spatial data through satellite ima…

03
Funding 4 min read

Lissun Raises ₹48 Crore in Series A Led by Colossa Ventures to Expand Child Development Network

Lissun began as a mental and emotional health platform connecting individuals with psychologists, psychiatrists and counsellors, and has increasingly concentrated on paediatric developmental care through its Sunshine by …

04
Funding 6 min read

Wispr Raises $280 Million Series B Led by Menlo Ventures at a $2 Billion Valuation

Dictation is an old idea that never worked well enough to become a habit. Speech recognition existed for decades and people kept typing, because a system that gets one word in ten wrong costs more time in correction than…

05
Funding 6 min read

Tenet Diagnostics Raises $30 Million From Tata Capital Healthcare Fund III and Blue Earth Capital

Diagnostics is a capital business dressed as a services business. A pathology lab can be opened cheaply, but radiology cannot: an MRI machine costs several crore, a PET-CT more, and each needs a shielded room, a service …

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