ONEASSIST
BITS Pilani-backed sortmyprep raises USD 350k in pre-seed round
Sortmyprep, an AI education platform, secured USD 350k in pre-seed funding. This investment will strengthen its AI infrastructure and expand curriculum coverage. The platform currently serves students in over fifteen countries globally. It aims to enhance learning outcomes and exam performance for students. Sortmyprep plans to broaden its reach into new educational boards.
Private late-stage cheques go big at $86 million average this year
Late-stage startup funding in India is increasingly flowing into fewer but much larger deals, driven by AI infrastructure, data centres, clean energy and lending. Investors are prioritising profitable, IPO-ready businesses with predictable revenue over high-growth consumer internet bets. Dealmakers say diligence has also become more rigorous than during the 2021-22 funding boom.
As Indians buy pricier phones on EMI, OneAssist bets big on protection plans
As smartphones become costlier and increasingly financed through EMIs, device damage is emerging as a new source of household financial stress in India.
Abhishek Maheshwari joins OneAssist as CEO
In a statement the company said that Maheshwari will be responsible for business strategy and financials, leading the company's expansion into newer categories and geographies. He will also join the board of directors of the company.
Insurance policy for your gadgets: What is covered, premium charged
For a very low premium, you can now insure your costly appliances and other gizmos.
Unusual Insurance: How startups are changing the insurance game
A number of tech startups are selling micro insurance covers — for broken spectacles and a missed flight.
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Turms raises Rs 6 cr to fund expansion, hiring
The company, which uses its patented nanotechnology during the production, said it plans to expand its product categories, hire tech talent, launch experience centres in top cities, and further invest in research and development.
OneAssist gets a funding from former Vodafone CEO
"Arun Sarin's knowledge and guidance will be singularly invaluable to us as we build OneAssist into a leading assistance and protection company," said Gagan Maini, cofounder, OneAssist.
VC fundings dive 25% y-o-y in April-June to deals worth $275 million
IT & ITeS companies -which still have the lion's share (69%) when it comes to investments in India -did not attract as much interest as they did last year.
Global, domestic private equity funds invest $11.3 billion in H1 2017
Last year, funds invested $7.4 Billion across 335 companies in the first half of the year.
OneAssist raises Rs 118 crore in Series C
The round comes two years after the company last raised $7.5 million (Rs 48 crore) in its series-B round, then led by Assurant, making it the Fortune 500 insurer’s first bet in India.
Lost your wallet, mobile? These Fintech cos will protect your data
India's top private lenders such as ICICI Bank, HDFC Bank, Axis Bank, Kotak Mahindra and 16 others have tied up with fintech companies.
Safeguard your cards against frauds
You could opt to protect your cards through insurance policy and standalone card protection companies but ensure you read the fineprint to choose the one that suits your needs
OneAssist raises Rs 50 crore from US co Assurant
The Mumbai-based startup stores specific information of registered consumers and blocks all transactions on their lost cards.
How to safely store your financial documents
Financial documents need to be kept safe. Storing hardcopies in the almirah locker is no longer the wisest thing to do. Instead, you should be making use of digital options.
Incubating two startups was a positive experience: Bejul Somaia, Lightspeed Venture Partners
Successful venture investing requires a combination of ideas, entrepreneurs and the potential for technology-driven dislocations, says Bejul Somaia, MD, Lightspeed Venture Partners.
Just Dial puts off IPO plans; raises Rs 327 crore from Sequoia Capital and SAP Ventures
Just Dial put off its IPO plans for now and raised Rs 327 crore from its existing private equity investors, Sequoia Capital and SAP Ventures.
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