Investments in October 2018 Company Name: 9stacks Amount raised: $3.84Mn Type: Series A Sector: Online poker/gaming Date announced: October 1 Investors: WaterBridge Ventures, Astarc Ventures and other existing investors What they will use the funding for: Team expansion, user acquisition, data analytics, machine learning, and product and market expansion. Source: Inc42 ** Company Name: Lingokids Amount raised: $6 million in funding and $1.3 million grant from the EU's H2020 Type: Series A Sector: Online education Date announced: Oct 2 Investors: HV Holtzbrinck Venture, JME Venture Capital, Sabadell Ventures, Big Sur Ventures What they will use the funding for: Developing the app and expanding the team Source: Company statement ** Company Name: RevFin Amount raised: Undisclosed Type: Seed Sector: Lending/financial services Date announced: Oct 10 Investors: Harsh Jain, CEO of LiteJoy Inernational, Anik K Goyal, Anil Lamba of EVP Pyramid Consulting and New York based investor Krishan B Singh What they will use the funding for: To launch in India Source: Company statement ** Company Name: Sattvaponics Amount raised: Undisclosed Type: Unspecified Sector: Agriculture Date announced: Oct 11 Investors: CIIE Initiatives, Sanjay Mariwala What they will use the funding for: Unspecified Source: Company statement ** Company Name: Worxogo Amount raised: Rs 12.5 crore Type: Series A Sector: Analytics Date announced: Oct 16 Investors: Inventus India and Ideaspring Capital What they will use the funding for: To scale AI tool and enter global markets Source: Company statement ** Company Name: BookMyBai.com Amount raised: Undisclosed Type: Pre-series A Sector: Online listings for domestic help Date announced: Oct 12 Investors: Japan-based…
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Vaishnaw said that in the next five years, there will be significant disruptions in the way telecom technology operates.
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