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Apple alum’s finance operations startup raises funds to develop globally

Bluecopa, an Indian startup constructing a finance operations automation platform for high-volume corporations, has raised $2.3 million to develop its providing within the world market.

The seed funding spherical was led by Mumbai-headquartered Blume Ventures, with participation from Titan Capital, T-Fund, Speciale Make investments, Bharat Founders Fund, T2D3, Amplify and Power Ventures.

It was additionally joined by Chargebee founders Krish Subramanian and Rajaraman Santhanam, Rohit Chennamaneni of HR administration platform Darwinbox and Asad Khan and Jay Singh of cross-browser testing instrument LambdaTest.

“Simply to take an analogy, say Salesforce for gross sales, Marketo for advertising and marketing, GitHub for

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Cyber insurance coverage startup Coalition plots world growth as valuation hits $5B

Coalition, a San Francisco-based startup that mixes cyber insurance coverage and proactive cybersecurity instruments, is making ready to increase exterior of the U.S. for the primary time following a mega $250 million Sequence F funding that takes its valuation to $5 billion.

The funding, backed by Allianz X, Valor Fairness Companions and Kinetic Companions, comes lower than a 12 months after the firm’s $205 million Sequence E increase in September, which valued the corporate at $3.5 billion. Since then, the corporate has greater than tripled its buyer base, from 52,000 to 160,000, Joshua Motta, CEO and co-founder of

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Birmingham insurance coverage agency acquires digital journey startup

It’s an all-Magic Metropolis deal: A Birmingham-based insurance coverage disruptor has acquired a digital journey reserving agency additionally based mostly within the space.

Insured Nomads, which offers medical health insurance to distant employees, expatriates and vacationers, has introduced the acquisition of Peanut for an undisclosed quantity.

Peanut offers a Chrome extension with journey info for customers, similar to well being dangers, climate steering, entry necessities, lodge historical past, flight delay dangers and insurance coverage necessities for locations.

The COVID-19 pandemic, with journey restrictions and necessities, illustrated the challenges of latest worldwide journey. For instance, greater than 20 nations require insurance

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Filinvest to scale up PHL start-up ventures

The Filinvest group, via its innovation and venture-building arm F(DEV), will proceed to kickstart Philippine start-ups and develop them to a regional scale within the subsequent 5 to seven years. It’s presently in search of extra start-up ventures to put money into.

“Greater than merely ‘beginning up’ these new ventures, we wish to quickly convey them to a degree of operational scale that’s required to make an actual impression,” mentioned Xavier G. Marzan, chief government officer and managing director of F(DEV), in an official assertion, “So we additionally view ourselves as a ‘scale-up manufacturing facility’.”

Final 12 months, the

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Startup Sells Insurance coverage Protection for Cloud Outages

With extra companies and customers depending on cloud computing, even a brief service disruption can have far-reaching results, with the potential to close down companies, wreak havoc throughout e-commerce operations and harm companies’ reputations.

One firm, New York-based Parametrix Insurance coverage Companies LLC, is concentrating on companies hit by a cloud outage. Parametrix sells insurance coverage particularly to mitigate the dangers of downtime occasions, compensating companies for any losses, together with misplaced income and the price of restoration, when their cloud-computing supplier or cloud-based functions service goes down.

Some 50 brokers provide Parametrix’s insurance policies, which cowl outages at main

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Unicorn company health startup Gympass acquires on-line private coaching firm Trainiac

(Trainiac Picture)

Gympass, a company health platform, has acquired Trainiac, a Seattle startup that makes software program to facilitate 1-on-1 on-line coaching exercises.

Gympass, which raised $220 million in June, will now present customers with entry to private coaching by way of Trainiac.

Based in 2016 by former Microsoft and Fb workers, Trainiac’s app connects folks with licensed private trainers who run individualized exercises and create plans to satisfy targets and supply accountability.

Gympass stated the deal will assist meet demand from company purchasers that need to assist “an more and more decentralized workforce.”

Phrases of the deal

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