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daily roundup (July 22, 2021)

Airtel, Intel announce collaboration for 5G technology in India

Telecom operator Bharti Airtel on Wednesday announced a collaboration with Intel for 5G network development by leveraging virtual and open radio access network technologies and making indigenous solutions. Bharti Airtel and other telecom operators are at present conducting 5G trials in select cities across India.

[Funding alert] Dozee raises Rs 44 Cr Series A investment led by Prime VP, others

Healthtech startup Dozee has raised Rs 44 crore Series A funding led by existing investor Prime Venture Partners. The round also participation from YourNest Venture Capital and 3one4 Capital. The funding will be used towards R&D to launch new products and enhance its platform capabilities.

[Funding alert] BlackBuck joins the unicorn club with $67M Series E investment

Online trucking startup BlackBuck has raised Series A funding of $67 million. With this funding, the startup’s valuation is now over $1 billion. The round was led by Tribe Capital, IFC Emerging Asia Fund, and VEF. Existing investors Wellington Management, Sands Capital, and International Finance Corporation also participated in this round of funding.

Snapdeal, Khan Academy join hands to launch digital learning initiative for students

Ecommerce player Snapdeal on Wednesday said it had partnered with Khan Academy, an educational non-profit organisation, to launch ‘The Foundation Program’ that will work towards minimising learning gaps in children and building a solid foundation for the next class.

Proposed ecommerce norms can hit consumer interest, increase compliance burden for firms: IAMAI

The proposed ecommerce regulations could negatively impact consumer interest, while creating a high level of uncertainty and increase compliance burden for not just ecommerce companies, but MSMEs providing services to online retailers, according to industry body IAMAI.

Instagram is testing new Collab feature for Posts and Reels in India and the UK

Instagram on Wednesday said it was testing a new Collab feature in India and the UK that will allow users to collaborate with others on Feed Posts and Reels. “Collaborating is a huge part of how people connect on Instagram. With ‘Collab’, you can invite a collaborator to your Feed Post and Reels and so they can share the content with their followers,” a statement said.

Users won’t need invites to join platform anymore; added 10M users since mid-May: Clubhouse

Clubhouse, an invite-only social audio app, on Wednesday said it was opening its platform to everyone and new users will now be able to join the service without an invite. The number of daily rooms on the platform have grown to half a million, and the company has added 10 million users since mid-May, it said in a blogpost.

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