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With over 1.3 million users, Nigerian-based fintech FairMoney wants to replicate growth in India

TechCrunch

Three years after launching its mobile lending service in Nigeria , the company set up shop in India , Asia’s second-most populous country in August 2020. That said, FairMoney also claims to have an NPL ratio lower than 10%. . According to the CEO, data-driven insights was behind the choice to expand to India.

India 106
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Sequoia India backs Prismforce that helps IT companies build better talent supply chain

TechCrunch

Prismforce, an India-U.S. million in a Series A round led by Sequoia Capital India. Chatterjee did not disclose their names but said half of them have their presence in India, while half of them are U.S.-domiciled startup that provides IT and tech services companies with tools to build better talent supply chain, has raised $13.6

India 71
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Jungle Ventures closes a $600M fund, bringing its total assets under management to over $1B

TechCrunch

Singapore-based venture firm Jungle Ventures is digging deeper into Southeast Asia and India with the close of its fourth fund. Jungle Ventures has about 60 portfolio companies and says its enterprise value is over $12 billion on $250 million of invested capital, with a loss ratio of less than 5%. .

Fund 88
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Pakistan edtech startup Maqsad gets $2.1M pre-seed to make education more accessible

TechCrunch

.” Having grown up in Karachi, childhood friends Ahmed and Aziz are aware of the challenges about the Pakistani education system, which is notably worse for those not living in large urban areas (the nation’s student-teacher ratio is 44:1). India’s UpGrad enters unicorn club with $185 million fundraise.

Pakistan 134
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Social Networking Strategies: The Limits of Cutting and Pasting

Amy Sample Ward

By last month, the user ratio between male and female had come up to about 70/30 and the country with the second highest number of users was India at about 13 percent. Is your community largely tech-savvy early adopters? So far, the demographics of Google+ skew toward American males working in technology.

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France pledges to build one gigawatt of new nuclear to speed up its AI ambitions

Engadget

"I can tell you this evening, Europe is going to speed up, France is going to speed up," Macron stated during a TV interview on France 2 and India's First Post. Today, France will also reportedly pledge a gigawatt of nuclear power to create an AI computing project, the The Wall Street Journal reports.

France 82
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inFeedo gets $12M to help employers find out how their workforce really feels

TechCrunch

inFeedo has 175 enterprise clients in 60 countries, especially Southeast Asia, India and the U.S., When you have an HR:employee ratio of 1:300, 40% of their time is spent manually tracking, collecting and analyzing feedback and it becomes humanly impossible to give employees the voice they need,” Jain said.