Chennai based healthcare start-up XCode Life Sciences has raised Rs 1 crore as angel funding from a U.S based micro-venture capital fund Shead Holdings and from an individual investor, reports The Hindu Business Line. The report states that the funds will be used to launch a a genetic testing based anti-ageing application and a mobile health advice service that provides health tips as SMS and audio clips. XCode currently provides health services that use genetic testing to prescribe health care against lifestyle diseases like diabetes, obesity, among others. Based on test results, diet and fitness plans are prescribed to individuals. ****** Cab sharing service Cubito has raised undisclosed amount of angel funding from unnamed Indian angel investors, reports TechCircle. The report states that the funds will be used for hiring and expanding to Pune and Hyderabad, this year. The company currently offers shared cab services by using a technology platform that groups people travelling in the same route. The price offered by the cab service to its customers is Rs 7.5 per km. ****** Social discovery platform Wicfy.com, has raised an undisclosed amount as follow-on round of funding from Silicon Valley based seed stage investment firm Ecosystem Ventures LLC, reports TechCircle. The report states that Alexander Fries, President of Ecosystem Ventures, will join the board of the company and the funding will be used for user acquisition, expansion of team, and replication of the model in other cities in the country. Wicfy currently enables users to find the lowest prices of products in their cities through…
- How much money was seized by the Indian state while investigating illegal loan apps? February 8, 2023
- Publishers Aren’t ‘Intermediaries’, IT Ministry Says: What Does This Mean for India’s Online Gaming Laws? February 8, 2023
- You can now use PhonePe UPI to pay in UAE, Singapore, Nepal and Bhutan February 8, 2023
- Wikipedia ‘Unblocked’ in Pakistan, PM Forms A Committee To Regulate ‘Objectionable’ Content February 8, 2023
- Explained: What is the feud over ownership between Binance and WazirX? February 8, 2023
MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.
India's smartphone operating system BharOS has received much buzz in the media lately, but does it really merit this attention?
After using the Mapples app as his default navigation app for a week, Sarvesh draws a comparison between Google Maps and Mapples
The regulatory ambivalence around an instrument so essential to facilitate data exchange – the CM framework – is disconcerting for several reasons.
The provisions around grievance redressal in the Data Protection Bill "stands to be dangerously sparse and nugatory on various counts."
Please subscribe to MediaNama. Don't share prints and PDFs.
You May Also Like
Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...
135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...
Twitter takes down tweets from MP, MLA, editor criticising handling of pandemic upon government request
By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...