Beenext
Beenext, others invest US$1.4M in India’s online climate school Terra.do
The story: Terra.do, an online school for climate change, has raised US$1.4 million, according to YourStory.
Investors: Beenext’s Emerging Asia Fund (EAF), Stanford Angels and Entrepreneurs (lead), Zerodha-backed Rainmatter Capital, undisclosed angel investors
What is Terra.do?
A startup that selects individuals who care about climate change, and takes them through a 12-week boot camp to work on high-impact climate projects.
India’s Flipkart launches consumer tech-focused accelerator programme
The story: India’s e-commerce company Flipkart has announced the launch of its accelerator programme, Flipkart Leap, specifically focussed at idea-stage startups in the consumer internet technology sector, according to Economic Times.
More details: Shortlisted startups will receive an equity-free grant of US$25,000 along with a 16-week mentorship from Flipkart’s leadership from business, operations, product, and technology.
Entry requirements: Applicants should be based out of India and have a working prototype
Traveloka clears close to US$100M in travel booking refunds after pandemic hit
The story: Indonesia’s travel unicorn Traveloka has cleared up to US$100 million travel refund requests after the pandemic, according to TechInAsia.
The firm recently raised US$250 million in fresh funding from an undisclosed investor along with EV Growth.
In another interview with e27 Andhini Putri, Head of Marketing, Transport said that the company has already seen a demand for travel and staycation from countries that have ended their lockdown. Even though the industry is far from total recovery, revival is slowly crawling up.
Also Read: In brief: EDBI invests in Vesta; edutech startup ACKTEC raises funding
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Image Credit: Beenext
The post In brief: Beenext, others invest US$1.4M in India’s online climate school Terra.do appeared first on e27.