Medlife International, which owns and operates an online healthcare startup, is in talks with multiple investors to raise upto $50 million, Entrackr reported, citing sources. The Bengaluru headquartered company is expected to close the round in the next six weeks, the report said. The capital infusion is set to come at a time when demand for online medicine delivery has increased over 200%, it added.
Separately, in a bid to attract non-English speaking customers, the platform has made its mobile and desktop applications available in Hindi. The app will also display content in Tamil, Telugu, Bengali, Malayalam, Kannada, Marathi and Gujarati soon, it said.
Airtel rolls out streaming app Xstream Live
New Delhi headquartered telecom company Bharti Airtel has rolled out a live streaming application, called Xstream Live, according to an Entrackr report. Content creators can live stream virtual concerts and sessions on the platform, and engage with their fans and other artists as well, it added. It is currently in a closed Beta stage, with about 500 downloads, it added.
Jio phones may soon get UPI apps
Mukesh Ambani-led Reliance Jio is working with the National Payments Corporation of India (NPCI) to integrate unified payments interface (UPI) applications on Jio feature phones, The Economic Times reported, citing sources. The move is expected to boost digital payments in the country and add new users to UPI platforms, industry sources told the newspaper. The development comes at a time when online payment gateway platform Razorpay reported a 30% drop in transactions in 30 days.
Ratan Tata invests in pharma firm Generic Aadhaar
Pharmaceutical venture Generic Aadhaar has raised an undisclosed amount of capital from the chairman of Tata Group, Ratan Tata, The Economic Times reported. The company was set up in 2015 by Arjun Deshpande. It sources generic drugs directly from manufacturers and sells it to retailers, cutting out the middlemen. The company aims to provide affordable medication to consumers and support standalone medical stores, the report said.
GitHub rolls out products to help developers build secure apps faster
Microsoft-owned GitHub rolled out products to improve application development and enhance security at the GitHub Satellite conference. The products include Codespaces to speed up application development; Discussions to facilitate open-ended conversations; Code Scanning and Secret Scanning to help developers build secure applications; and Private Instances to enable collaboration even for stringently regulated customers, according to a statement.
MapmyIndia offers solutions to help offices reopen post lockdown
GPS navigation and location-based services provider MapmyIndia has launched tools and application programme interfaces (APIs) to help businesses reopen safely after the Covid-19 lockdown is lifted. The solutions, which can be integrated into web and mobile applications, provide real-time hyperlocal updates on the evolving coronavirus situation near the office locations and across India, according to a statement.