Simplified raises $8.5 million in seed funding round led by Craft Ventures

The company will use the funds for product development, to develop machine learning models, enhance the artificial intelligence (AI) copywriting experience, and expand support into other languages.

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Incubators to get grant of Rs 135 crore under Startup India Seed Fund Scheme

The Startup India Seed Fund Scheme (SISFS) has been implemented from April 1. 2021. Under the scheme, a corpus of Rs 945 crore will be spent over the next four years for providing seed funding to eligible startups through eligible incubators across India.

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Pocket FM raises $22.4 million in Series B funding led by Lightspeed

The startup plans to use the fresh capital to scale up operations, build a community of content creators, expand its presence across geographies and invest in technology for better recommendations.

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WhatsApp launches incubator programme to help organisations build digital solutions for healthcare issues

The company said the programme aims to identify 10 selected organisations tackling critical health issues.

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Cabinet may discuss Crypto Bill this week, likely ban on private digital currency as legal tender

The view in the govt is that crypto cannot be permitted as a currency, but stringent regulation can be put in place to allow them to be held as assets.

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Amid uncertainty, some businesses still accept crypto for payments

India's oldest crypto exchange, Unocoin, for instance, continues to let users recharge their Fastag accounts using Bitcoin. It also allows Bitcoin transactions for bill payments and ecommerce.

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Infosys scraps COO position, distributes responsibilities among other top execs

A recent mail from CEO Salil Parekh detailed additional responsibilities that will be handled by presidents Ravi Kumar and Mohit Joshi, CFO Nilanjan Roy, executive vice presidents and some senior vice presidents as well.

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