Amazon Leads $12 Million Funding Round in Acko

Ecommerce major Amazon led a funding round worth $12 million in Indian insurance startup, Acko. The move is part of Amazon’s strategy to invest in financial service segments in India. The other players in the funding round include Ashish Dhawan, the founder of private equity fund, ChrysCapital and NR Narayana Murthy’s Catamaran Ventures. Amazon had held a discussion with representatives…

As India goes cashless, Israeli fintech firms Come Calling

As India goes cashless, Israeli fintech firms come calling - eustan ventures

As India moves for greater digitisation, Israeli financial technology companies are seeking a pie of the growing market in the country. They are exploring collaborations and partnerships with Indian companies and banks looking for digital-age solutions for their respective businesses. Nimrod Assouline, deputy chief of mission, Consulate General of Israel, told DNA Money, "We already have good collaborations in India…

Facebook set to Launch Biggest Business-to-Business ad Campaign

Facebook set to launch biggest business-to-business ad campaign

Social networking giant Facebook is set to launch its biggest business-to-business advertising campaign, educating marketers to invest more in mobile video ads specifically created for the platform's smartphone users. According to a report in Adweek on Sunday, the Facebook brand campaign, to be launched on March 16, aims to educate and inspire marketers to generally shift industry mindsets toward clips…