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Startup news and updates: Daily roundup (November 26, 2024)

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Startup news and updates: Daily roundup (November 26, 2024)

Smart lock brand Ikin Global has raised $1 million in a Pre-Series A funding round led by Unicorn India Ventures and Callapina Capital. The funds will be used to enhance the product line with AI-powered analytics, advanced sensor technology, and industry-specific solutions. Ikin Global plans to expand its team across key markets and scale its production capacity to meet increasing demand from the logistics sector. In other news, Tata Consultancy Services has extended its contract with the SPARSH initiative by three years, streamlining pension distribution for defence pensioners. Bengaluru-based fintech startup Kredit.Pe has launched a UPI app offering features such as scan and pay, UPI Autopay, and RuPay credit card linking. Finally, customer acquisition platform SwopStore has added 127 new brands to its portfolio, expanding into various sectors and enabling brands to drive customer relationships and increased sales.

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