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Revision as of 10:46, 12 October 2021


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With a substantial market place and huge growth potential, India is anticipated to keep its speedy economic development. The startup plans to use the funds to increase its base of content creators and adopt blockchain technology as it expands. China’s internet businesses have served as models for India’s expanding info technology sector, and lots of Indian entrepreneurs want to replicate the good results of firms such as Alibaba. NewsDog is a news content aggregator which collates articles in English and many regional Indian languages. 1. On May well 21, ImpactGuru announced that it had raised USD 2 million in a Series A round of funding led by Apollo Hospitals Group and Venture Catalysts. ImpactGuru is a crowdfunding platform for individuals, nonprofits, and social enterprises. On May 22, NewsDog, India’s "Toutiao," securedUSD 50 million in a Series C round of funding led by China’s tech giant Tencent. The startup will use the funds to boost its advertising and develop its technology platform with artificial intelligence, machine finding out, and huge data. DHVC,Legend Capital, and Dotc United Group also participted in the financing round.