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Jack Dorsey gave his parents a security detail after Twitter banned Trump

Business InsiderBusiness Insider · 2y ago
Jack Dorsey gave his parents a security detail after Twitter banned Trump
Medial

According to a book on Twitter's founding and evolution, Twitter cofounder Jack Dorsey's parents faced security threats after the company banned Donald Trump from the platform. The book, titled "Battle for the Bird," states that security was provided outside Dorsey's parents' house in St. Louis due to threats they received. Dorsey himself reflected on the decision and its impact on Twitter's long-term future following the ban. In addition to Dorsey's family, others associated with Twitter, including former head of trust and safety Yoel Roth, have also faced security concerns. Elon Musk, who later reinstated Trump's account, has expressed safety concerns since taking over the company.

Bubble Me raises Rs 1.5 Cr in pre-seed round led by AJVC

EntrackrEntrackr · 19d ago
Bubble Me raises Rs 1.5 Cr in pre-seed round led by AJVC
Medial

Chandigarh-based wellness startup Bubble Me has raised Rs 1.5 crore in a pre-seed funding round led by AJVC, founded by Aviral Bhatnagar. The proceeds will be used towards deeper magnesium research and product testing to improve formulation accuracy and consistency. The startup also plans to strengthen its supply chain and quality control systems to support scale. Founded by Akshina Jindal, Bubble Me is building a magnesium-focused wellness brand targeting sleep, stress relief and muscle recovery. Its current product portfolio includes magnesium bath soaks, a topical magnesium balm called Minute Mend, and a daily nutraceutical tablet named The Yellow Ritual. The brand is also developing new magnesium-based formats, including a spray and roll-on. Bubble Me is the latest addition to the portfolio of AJVC, which has been actively backing early-stage startups.

Quick fashion delivery startup KNOT raises $5 Mn to scale 60 min delivery

EntrackrEntrackr · 3m ago
Quick fashion delivery startup KNOT raises $5 Mn to scale 60 min delivery
Medial

Mumbai-based quick commerce fashion platform KNOT, which offers 60 minute fashion delivery and a Try and Buy experience, has raised $5 million in a new funding round led by 12 Flags. Existing investors Kae Capital and Boundless Ventures also participated in the round. The fresh capital comes just three months after the company closed its $3 million pre Series A funding round in August. KNOT was founded in 2025 by IIT Bombay graduates Archit Nanda and Rachit Bansal and focuses on serving Gen Z and millennial shoppers through hyperlocal distribution, creator led discovery and at home trials. According to the company, the funds will be used to expand its 60 minute delivery network in Mumbai and other cities, alongside efforts to strengthen micro warehousing, routing efficiency and last mile logistics to support higher order volumes. KNOT is also expanding its brand portfolio by onboarding established fashion labels such as Jack and Jones, Vero Moda, Louis Philippe, Van Heusen and Allen Solly. The startup claims it has crossed more than 350 daily orders, which marks a three times increase over the last three months. The platform offers AI powered virtual try on, doorstep trials and instant returns to reduce uncertainty around fit and style while shopping online. By combining speed, convenience and curated selection, KNOT is tapping into changing consumer behaviour where shoppers increasingly expect instant access, personalisation and flexibility. Knot competes with players such as Slikk and ZILO, and Myntra has also taken its quick fashion delivery offering to additional cities.

Pronto raises $25 Mn in Series B led by Epiq Capital

EntrackrEntrackr · 19d ago
Pronto raises $25 Mn in Series B led by Epiq Capital
Medial

Pronto raises $25 Mn in Series B led by Epiq Capital Home services startup Pronto has raised $25 million (around Rs 228.9 crore) in its Series B round led by Epiq Capital. Existing investors Glade Brook Capital, General Catalyst, and Bain Capital Ventures also participated in the round. The round comes six months after Pronto raised an $11 million Series A round. The proceeds will be used to hire and train more professionals and strengthen operations across existing markets and service categories over the next 12 to 18 months. Founded in 2025 by Anjali Sardana, Pronto offers 10-minute on-demand home services, connecting urban households with trained and background-verified domestic workers. The platform provides services such as sweeping, mopping, utensil washing, kitchen and bathroom cleaning, laundry assistance, and other routine chores through instant, scheduled, or recurring bookings. The startup operates in Delhi NCR, Bengaluru, and Mumbai, among other cities. It claims its daily bookings have increased from around 1,000 to over 18,000 in the past seven months and says it is growing at more than 20% week-on-week. Pronto currently works with nearly 3,000 professionals and has a core team of about 60 employees. The brand recently shifted its headquarters to Bengaluru while retaining customer support operations in Gurugram. In the instant home services segment, it faces competition from Snabbit and Urban Company’s Insta Help. Snabbit secured $30 million in a Series C round in October last year. Urban Company recently claimed that Insta Help surpassed 50,000 daily bookings within a year of its launch, while Snabbit recorded over 8 lakh bookings in February alone.

Bharat Fintech Summit highlights fintech industry’s challenges and opportunities

EntrackrEntrackr · 2y ago
Bharat Fintech Summit highlights fintech industry’s challenges and opportunities
Medial

The Bharat Fintech Summit 2024, organized by The Digital Fifth in Mumbai, saw the participation of 3,000 people from the Indian fintech ecosystem. Held between February 7 and February 8, the second edition of the summit hosted as many as 23 speaker sessions, five fireside chats, and 10 demonstrations. The panel discussions touched upon a wide range of relevant issues, including the dynamic fintech landscape in the country right from product-led innovations, much needed collaboration between banks and fintech players, cybersecurity and the need for increased regulatory compliances in payments and digital lending to improve banking experiences for customers and protect them from various frauds. Entrackr was present at the event and held conversations with several stakeholders of the fintech industry. It’s worth noting that the event comes at a time when the fintech industry is benefiting from the radical digital transformation of the banking industry and e-commerce growth around India and the globe. Banks and financial institutions are moving towards 100% digital for the retail and MSMEs segments in upcoming times and major innovations in the Indian BFSI industry have been propelled by the regulators and public infrastructure such as IndiaStack, Account Aggregator, and the ONDC. Enterprise fintechs are poised to expand, with projections estimating a market size of approximately $20 billion by 2030. The Digital Fifth cofounder and CEO Sameer Singh Jaini told Entrackr that the last decade witnessed a continuous influx of funds into enterprise fintechs. This, coupled with the entry of new-age players in various enterprise segments, is shedding light on the previously untapped potential of this market. “We organize the summit which are focused on content and depth and welcome here everybody from the entire Indian fintech ecosystem including the participation of 70 – 80 VC firms where they share fruitful insights, collaborate and intend to thrive their businesses amongst each other,” he added. Embedded Finance also was under the spotlight during the event as a general sentiment was to bring more focus on the need for more players to drive customer engagement in partnership with banks. During his keynote speech, RBI executive director P Vasudevan stressed the need for frictionless credit and highlighted it has the potential to become the next digital public infrastructure. “It’s a vibrant experience for me to attend such a summit and also marked presence in one the panel where we discussed tech led credit networks, leveraging multi-layered lending partnerships and cutting-edge tech for the future-ready financial sector. MSMEs lending landscape, challenges, innovation, collaboration and others. MSMEs sector has been the backbone of the Indian economy and the emergence of technology in this space is worth watching,” Alok Mittal, co-founder & MD at Indifi, told Entrackr. Indifi offers loans for small businesses which turned profitable last year and crossed Rs 1,500 crore AUM in March 2023. Perfios’ Chief Strategy Officer Ramgopal Subramani appreciated the summit saying such events are instrumental in facilitating knowledge exchange, fostering partnerships, and driving comprehensive sectoral growth. “At Perfios, we are happy to partner with events like BFS that serve as collaborative platforms across the BFSI sector to address challenges and explore innovative opportunities,” he said. “It’s always great to be associated with The Digital Fifth and the summit which can be a game changer for the entire fintech Indian ecosystem and curated this event for the last where a lot of collaborations took place,” said Vaibhav Tambe, co-founder, TransBank. TransBank is a SaaS-based platform where it takes a minimum guarantee for a particular number of services and charges per transaction basis. The summit also saw the attendance of spokespersons from different fintech startups like Trifecta, GetVantage, Zaggle, FinBox, Skydo, Bureau, Fixerra, and others.

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