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CRED Forays Into Insurance Vertical

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[ad_1] SUMMARY CRED launched its own insurance products via garage with motor insurance for its users The company has worked with three insurance companies to co-create an insurance product to offer additional discounts on the insurance premium to customers with good credit scores Recently, the fintech unicorn launched CRED Money and CRED Guarantee, while it … Read more

Seizing A Trillion-Dollar Opportunity By 2030

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[ad_1] SUMMARY As per recent estimates, the semiconductor market in India, currently valued at $23.2 Bn, is predicted to reach $80.3 Bn by 2028 According to government estimates, the cost of starting a chip fabrication plant in India might range from $5 to $7 Bn. The government launched India’s 2020 Semiconductor Policy to lower reliance … Read more

8i Ventures Exits M2P Fintech With 12X Returns

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[ad_1] SUMMARY 8i Ventures has completed a successful exit from M2P Fintech, achieving a 12X return on their investment over 4.5 years, and generating 126% of their first fund’s corpus with just 10% of its capital. The firm’s initial investment of INR 9.7 Cr in M2P Fintech, which specialises in API infrastructure for financial services, … Read more

Elon Musk’s X is changing its privacy policy to allow third parties to train AI on your posts

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[ad_1] On Wednesday, social network X (formerly Twitter) updated its Privacy Policy to indicate that it would allow third-party “collaborators” to train their AI models on X data, unless users opt out. While X owner Elon Musk trained xAI’s Grok AI chatbot on X user data, leading to an investigation by the EU’s lead privacy … Read more

59 Cleantech Startups Working Towards Making India Greener

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[ad_1] In light of World Environment Day, it is worth noting the increasing number of cleantech startups in India working to address the country and the world’s environmental challenges. These startups are developing innovative solutions that aim to balance the need for economic growth and development with sustainability. Inc42 has identified 59 such startups making … Read more

Trump’s crypto website crashed after its WLFI token went on sale

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[ad_1] Former President Donald Trump’s cryptocurrency project, World Liberty Financial, launched its token sale on Tuesday — and its website crashed shortly afterward. The whitelist for the much-hyped but still largely unexplained decentralized finance project opened on September 30th for accredited investors and non-US persons. World Liberty Financial co-founder Zach Folkman claimed on Monday that … Read more

Mamaearth’s Chief Product & Technology Officer Jayant Chauhan Quits

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[ad_1] SUMMARY Jayant Chauhan, who joined Honasa in November 2020, will be serving his last day on November 30 Before joining Honasa, Chauhan served as the CPO of fintech major PB Fintech’s PolicyBazaar. In his nearly two-decade-long career, he has worked for companies like Samsung, Reliance, Zomato, Paytm and Airtel The company has yet to … Read more