AdStringO raises $350K from Indian Angel Network Mobile content compression software startup AdStringO has raised $350K in the angel investment round from Indian Angel Network (IAN) in which a total of 40 investors include former Aditya Birla Realty Fund head Bharat Banka and Signal Lake Venture Capital’s managing director Satish Mehta, reports Techcircle. The company will deploy the funds to aid companies who use compressed content with lower data usage, and reach out to the rural consumers with poor internet bandwidth. The company claims that its algorithm reduces the file size of any data such as images, video, digital documents up to 90 percent without any loss of quality. It is currently a B2B product and its clients include L&T Finance, Johnson & Johnson, Club Mahindra and Tata Teleservices. The firm is looking to raise $3-5 million in pre-Series A round of funding to launch its B2C platform in September this year. *** Allizhealth raises $350K from Mumbai Angels, others Preventive healthcare start-up Allizhealth has raised $350K from Mumbai angels and other angel investors, including Dr. Ranjan Pai, Chairman of Manipal Education and medical group, and Mr. Rahil Shah, Director of NM Medical. The platform will use the funds to enhance its service offerings by improving its mobile app, and expanding the team to focus on the health analytics backend. The health management platform claims that it provides users to manage their conditions better and aid them to make the right health choices, at the right time. The company also…
- Video: Is It Fair To Ask Online Communication Platforms To Contribute To The USO Fund? September 22, 2023
- Swiggy faces the heat for showing incorrect bill breakup September 22, 2023
- OpenAI unveils updated text-to-image generator DALL.E 3 with more safety features September 22, 2023
- Confusion among YouTube news channels after copyright claims from Prasar Bharati September 22, 2023
- UK asks Meta to not roll out end to end encryption on Instagram and Messenger September 22, 2023
MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.
Is open-sourcing of AI, and the use cases that come with it, a good starting point to discuss the responsibility and liability of AI?...
RBI Deputy Governor Rabi Shankar called for self-regulation in the fintech sector, but here's why we disagree with his stance.
Straw man fallacy: IT Ministers’ defence of government exemptions in data protection law misses the point
Both the IT Minister and the IT Minister of State have chosen to avoid the actual concerns raised, and have instead defended against lesser...
The Central Board of Film Certification found power outside the Cinematograph Act and came to be known as the Censor Board. Are OTT self-regulating...
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...