Alert Archives - Pinfaves

[Funding alert] Education financing startup Propelld raises Rs 15 Cr from Stellaris Venture Partners and India Quotient

July 3, 2019July 3, 2019 Loknath Das15, Alert, and, Cr, Education, financing, From, Funding, India, Partners, Propelld, raises, Rs., Startup, Stellaris, venture

Propelld, a Bengaluru-based fintech startup that enables student education loans, on Monday, announced that it has raised Rs 15 crore from Stellaris Venture Partners and India Quotient. Existing investor India Angel Network Fund (IAN Fund) also participated in the round. Other investors in the round include Raghunandan G, founder of Taxiforsure and Ramakant Sharma, founder of Livspace, who participated as members of Stellaris’ Founder Network. Bibhu Prasad Das, Founder, Propelld said, “We are expanding the education credit market by creating tailor-made loan products with inputs from our institute and NBFC partners,…

[Funding Alert] Facebook debuts startup investment in India with Bengaluru-based Meesho

June 14, 2019June 14, 2019 Loknath DasAlert, Bengaluru-based, debuts, Facebook, Funding, In, India, investment, Startup, With

Meesho, a Bengaluru-based social commerce platform that helps resellers and emerging brands build businesses using social media, has bagged funding of undisclosed amount from social network giant Facebook. This is Facebook’s first investment in an India-based startup, and is a strong demonstration of the company’s commitment to the country’s vibrant internet ecosystem, the Silicon Valley company said in a statement. Founded by IIT Delhi alumni Vidit Aatrey and Sanjeev Barnwal in 2015, Meesho has created an alternate distribution channel by empowering housewives, young mothers, aspiring entrepreneurs, students, and teachers, to launch, build and promote their online businesses…

WannaCry Ransomware: CERT-In Issues Red Alert Over Cyber-Attack

May 15, 2017 Loknath DasAlert, CERT-In, Cyber-Attack, Issues, Over, Ransomware, Red, WannaCry

A red-coloured ‘critical alert’ was issued by the Computer Emergency Response Team of India (CERT-In) on Saturday, the nodal agency to combat hacking, phishing and to fortify security-related defences of the Indian Internet domain. “It has been reported that a new ransomware named as WannaCry is spreading widely. WannaCry encrypts the files on infected Windows systems. This ransomware spreads by using a vulnerability in implementations of server message block (SMB)in Windows systems. “This exploit is named as ETERNALBLUE,” an advisory issued by the CERT-In, accessed by PTI, said. It said…

Beijing Updates Air Pollution Alert System

November 27, 2016 SrijitaAir, Alert, Beijing, Pollution, System, Updates

A red alert, the most serious level, will be issued for air pollution in Beijing if the Chinese capital’s air quality index reaches 500, local authorities said today. The information office of the municipal government released an updated emergency response plan for severe air pollution, aiming to better address air pollution with minimal disturbance to people’s lives. According to the new plan, which will become effective on Decemeber 15, more gas-burning vehicles will be pulled off the streets when an alert is issued. Li Kunsheng from the city environmental protection…