CRED's valuation jumps to $6.4 bn with new funding round led by Singapore's GIC and more

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UNICORNS   CRED's valuation jumps to $6.4 bn with new funding round led by Singapore's GIC   The Series F round values the start-up at $6.4 billion, a significant uptick from the $4.01 billion it garnered in October 2021 when it secured $251 million, co-led by Tiger Global and Falcon Edge.

REAL ESTATE   Realtors jittery over RBI's repeated repo rate hikes   As the central bank increases repo rate by 90 basis points within 40 days, homebuyers may get hit, they say.

NEWS   NPCI Bharat BillPay on-boards CRED as key agent institution; bill payments to be made easier   With this collaboration, CRED users will be able to make recurring bill payments like electricity, telecom, DTH, gas, education fees, water and municipal taxes conveniently, as per the NPCI release.

TECHNOLOGY   What are you breathing? Air quality checks are to be available on Google Maps in the US!   Google is debuting its new air quality layer in the US on Android and iOS; will it be available in India?

CORONAVIRUS   COVID-19 surge: Here's what the health ministry said about the spike in cases   With a surge in COVID-19 cases, the health ministry has warned 4 states -- Maharashtra, Kerala, Delhi and Karnataka -- of maintaining strict vigilance and to follow the centre's COVID guidelines.

ECONOMY   India should be relatively happier & comfortable seeing growth forecasts: CEA Nageswaran   V Anantha Nageswaran, India's Chief Economic Advisor, was speaking at ASSOCHAM's international fintech summit, where he also highlighted the opportunities and challenges lying ahead for the fintech sector.

UNICORN   Nykaa rival Purplle raises $33 mn in latest funding, turns unicorn   Purplle had previously received four rounds of funding from investors closing 2021 with a Series D of $140 million.

TRENDING   'Vikram': Kamal Haasan's comeback vehicle brings much-needed cheer for Tamil films   The Tamil film made on an approximate budget of Rs 150 crore, dubbed and released in Telugu and Hindi as well, has made worldwide gross collections of Rs 200 crore within a week of its release.

MAGAZINE   How digital twins of machines and assets are helping industries innovate   Digital Twins trigger process and business innovation across industries by creating a virtual double of machines and assets. Think of it like the body double for stunts in movies, only more complex.

NEWS REEL   Everything you should know about the newly launched MacBook AIR 2022   MacBook Air features a new, strikingly thin design in four beautiful finishes, a larger 13.6-inch Liquid Retina display, 1080p HD camera, MagSafe charging, and more. Watch this video to know more.

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