Snap brings Landmarkers to India with Gateway of India, Taj Mahal

Photo-messaging app Snapchat on Tuesday introduced two new landmarker lens experiences in India - featuring Taj Mahal and Gateway of India.

To enable the feature, users have to simply point the Snapchat camera to the monument on location. Through the landmarker lens, users can play with a beautiful floral embellishment on the monuments, a statement said.

In addition to Taj Mahal and Gateway of India, 12 other locations spread are also part of an update to Lens Studio - Snap's desktop app that allows building augmented reality experiences for Snapchat.

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* Fitternity raises additional capital from Sixth Sense Ventures, others *

Fitternity on Tuesday said it has raised an undisclosed amount of funding from Sixth Sense Ventures and several other investors.

 

This is an extension to the Series A funding of USD 4 million raised in May earlier this year, a statement said.

The capital infusion will help the company grow 10 times to USD 100 million annual revenue over the next 24-36 months, it added.

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* Recko raises funds from angel investors *

Recko, a fin-tech startup that enables reconciliation of digital transactions, on Tuesday said it has raised additional capital from a clutch of global and Indian fintech angel investors.

The company did not disclose the amount of funding raised.

"Recko has a run rate of reconciling a quarter billion transactions annually; in July alone, the company reconciled transactions worth $330 Million. The company is setting aggressive expansion targets and plans to enter international markets including the US in the next six months," a statement said.

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* Instamojo disburses Rs 110 cr worth of loans to small businesses *

Instamojo on Tuesday said it has recently crossed the Rs 110 crore-loan mark for their MSME-focused product Sachet loans.

The company has achieved this milestone in less than 10 months post the launch of 'Sachet Loans' as of last year, a statement said.

With an aim to further empower nearly seven crore micro, small and medium enterprises (MSMEs) in the country, in September last year, the company had expanded suite of products and services and launched mojoCapital and mojoXpress.