slice founder Rajan Bajaj
The crux: slice has raised US$220 million in a Series B round that values the company at over US$1 billion.
Investors: Tiger Global (lead), Insight Partners (lead), Advent International’s Sunley House Capital, Moore Strategic Ventures, Anfa, Gunosy, Blume Ventures, and 8i.
Plans: slice intends to use the funding to expand and strengthen its presence in the payments space, hire great talent, and expand its product offerings.
More about slice: It provides slice super card, a prepaid visa card with a credit line that allows customers to get credit card-like benefits. Users can sign up with slice in seconds, quickly get a virtual card (and get a physical card delivered to their home), and get 2 per cent cashback on each transaction. slice has also made it easier and more convenient for users to pay their bills by letting them slice the bill into three months instalments at zero cost. slice claims it ships over 200,000 cards each month.
The crux: Photo editing, animation and design company Pixlr (owned by Inmagine) has launched Pixlr 2022 with new features to amplify the users’ image editing and designing experience.
With new branding, designs, features and a clean futuristic logo, Pixlr has evolved from just an editing tool to a practical design tool that fits every user, be it novices and professionals.
More about the features: The brand new version of AI-powered features come fully equipped with an interactive animation function, nifty brushes with more tablet-friendly functionality, and a rigorous healing tool. These features allow premium users to edit up to 50 images at once and wide-range formats selection.
Pixlr 2022 enables graphic animations in its cloud-based photo animation and design tools, Pixlr X and Pixlr E. Pixlr X helps all users to animate their projects and designs in a few clicks with its ready-to-use selections, while Pixlr E allows more adventurous and challenging animation experiences for all users. Pixlr 2022 also lets users remove unwanted textures and distracting backgrounds from any images.
The crux: Indonesian cryptocurrency exchange Indodax said it would delist cryptocurrency assets Vidy and VidyX on November 30. This follows requests from the country’s Financial Services Authority (OJK).
What is Vidy: Vidy is a Singapore-based adtech firm. Vidy’s clients include prominent media entities across Singapore and Indonesia such as Vogue Singapore, CNN Indonesia, CNBC Indonesia, and Mothership. The firm is backed by MNC Group, Qtum, and Fenbushi Capital.
Indodax has advised its users to move their Vidy and VidyX holdings to their own wallets as the exchange will stop all trading in the coins by November 30.
The crux: GapMaps, an Australian cloud-based mapping software specialist, has announced its expansion into 21 countries including India. In India, the company has appointed Subhashish Dey as Client Services Director.
Tim Shaw, GapMap’s director (market planning), said: “Many of our customers, especially the global brands, have encouraged us to enter new markets so they can use GapMaps overseas. This contributes to decisions on where we expanded the business.”
About GapMaps: Founded in 2013, GapMaps empowers decision-makers in multiple industry sectors to refine their network strategies with location intelligence and demographics. Its products can be adapted for any market or industry. Over 500 brands in Australia, New Zealand, Asia, the Middle East and Africa use the products to make location intelligence data easily obtainable for more accurate business decision-making.
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The post In brief: India’s slice turns unicorn, Pixlr rebrands with new features, GapMaps expands to India appeared first on e27.