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Podcast: My Startup Podcast
Episode: 15 banks to use blockchain technology
Description: Online edtech platform Cuemath is planning to raise 100 million dollars in a funding round this year. With this funding round, the company is targeting a valuation of 1 billion dollars by the end of 2022.To process inland letters of credit, 15 banks will collaborate and form a new company which will use blockchain technology. The new system will verify data using invoices on GST and way bills. This will quicken transactions and eliminate risk of frauds.Apna.co has raised 70 million dollars led by Insight Partners and Tiger Global. Existing investors Sequoia Capital, Lightspeed Venture Partners, Greenoaks Capital and Rocketship VC...