India Tech

Indian space tech startups have begun to attract more attention from VCs as India looks to support the private space players by extending them resources from the national space agency ISRO.

The startup claims to have onboarded 120,000 tutors in over 1,000 cities within five months of its launch.

Zoom founder Eric Yuan also participated in the round.

Uable engages children from age six to 12 in role-playing projects, where the kids imagine themselves as astronauts, detectives, or scientists to solve problems.

Before the ban, the Indian gaming market has largely been dominated by China-based developers.

India is Snapchat’s largest market outside the US, with about 33.8 million users.

From the new fund, Elevation Capital is expected to focus on new areas such as enterprise SaaS.

The Bengaluru-based investment firm recently announced the first close of its third early-stage fund, with a corpus target of USD 100 million.