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SoftBank-backed Indian insurance platform Policybazaar raises $75 million

TechCrunch

Policybazaar has raised $75 million as the Indian online insurance platform looks to expand its presence in UAE and Middle East. Sarbvir Singh, chief executive of Policybazaar, told TechCrunch that the startup had raised $75 million, but didn’t elaborate.

Platform 119
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Korea’s Riiid raises $175M from SoftBank to expand its AI-based learning platform to global markets

TechCrunch

The funding is coming at a high-watermark moment for edtech — with the shift to remote learning in the last year of pandemic living highlighting the opportunity to build better tools to serve that market, and a number of startups in the category subsequently raising hundreds of millions of dollars to tackle the opportunity.

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Qureos raises $3M to grow its learn to earn platform

TechCrunch

Qureos , a UAE-based edtech and remote work marketplace that is changing how people upskill and get jobs across the globe, plans to grow the uptake of its platform by 10 times this year in its race to create 100 million jobs over the next few years.

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India’s Cars24, a used-vehicle sales platform, raises $400M, now at a $3.3B valuation, to double down on growth

TechCrunch

With supply chains in the automotive industry continuing to be disrupted due to Covid-19, demand has surged in the used-car market. Cars24 , a startup out of India that has built an app and website for selling used cars and motorbikes, has raised $400 million: a Series G of $300 million in equity and a further $100 million in debt.

India 89
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The most innovative companies in artificial intelligence for 2025

Fast Company Tech

The AI industry hit a significant bend in the road toward artificial general intelligence in 2024. And all the while a small AI lab in China was quietly developing new AI models, including reasoning models, that would begin sending shockwaves through the AI industry by the end of 2024. The rest of the industry has followed its lead.

Companies 110
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Egypt’s customer engagement platform for F&B brands in MENA, Koinz, raises $4.8M seed

TechCrunch

As the restaurant industry across different cities was massively hit by the pandemic-induced lockdowns last year, food aggregator platforms helped by driving online customers to them. Founded in 2018 by Hussein Momtaz , Ahmed Said , and Abdullah Al Khalidi , Koinz set out to solve two major problems in Egypt’s food aggregation industry.

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Daily Crunch: After raising $3M seed, global fintech platform Payday plans to secure licensing in Canada, UK

TechCrunch

Autio, a location-based audio entertainment app co-founded by actor Kevin Costner and formerly known as HearHere, has raised $5.9 A growing market : Christine writes that Italy’s ban on cultivated meat could set the industry back. Spera raises $10 million for its identity security posture management platform, Frederic reports.

Canada 94