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The vast majority of people in India, the world’s second most populous nation, don’t have health insurance coverage. A significant portion of the population that does have coverage get it from their employers. Plum , a young startup that is making it easier and more affordable for more firms in the nation to provide insurance coverage to their employees, said on Monday it has raised $15.6 million in its Series A funding to accelerate its growth. Tiger Global led the funding round. Existing investors Sequoia Capital India’s Surge, Tanglin Venture Partners, Incubate Fund, Gemba Capital, also participated in the new round, which brings the one-a-half-year-old startup’s to-date raise to $20.6 million. TechCrunch reported earlier this year that Plum was in talks with Tiger Global for the new financing round. Kunal Shah (founder of Cred), Gaurav Munjal, Roman Saini and Hemesh Singh (founders of Unacademy), Lalit Keshre, Harsh Jain and Ishan Bansal (founders of Groww), Ramakant Sharma an...

Dr. Ian Cutress / AnandTech : Intel unveils a refresh of its 11th-Gen Tiger Lake-U chips aimed at laptops and debuts a 5G modem developed with MediaTek that supports 5G on slower, sub-6 GHz   —  Due to the global pandemic, this year's annual Computex event in Taiwan is being held virtually, but all the big-name companies … from Techmeme https://ift.tt/3fAhFwn

Environmental consultancy Quiet Mark is on a mission to ensure technology is seen but barely heard. from RSSMix.com Mix ID 8290670 https://ift.tt/3fxxkfR

Kellie Mejdrich / Politico : As big financial industry players like Fidelity Investments push SEC to approve Bitcoin-linked ETFs, crypto lobbying efforts meet resistance from US lawmakers   —  Bitcoin is the biggest of the virtual assets, which unlike the dollar are distributed outside of government control and often operate on a decentralized basis. from Techmeme https://ift.tt/3gchlTJ

Jai Kisan, an Indian startup that is attempting to bring financial services to rural India, where commercial banks have a single-digit penetration, said on Monday it has raised $30 million in a new financing round as it looks to scale its business. Hundreds of millions of people in India today live in rural areas. Most of them don’t have a credit score. The professions they work on — largely farming — aren’t considered a business by most lenders in India. These farmers and other professionals also don’t have a documented credit history, which puts them in a risky category for banks to grant them a loan. Much of the credit these people do raise ends up getting invested in unproductive usage, which leads to higher interest and default rates. Three-year-old Mumbai-headquartered Jai Kisan is attempting to address this by treating farmers and other similar professionals as businesses instead of consumers. The startup has developed its own system — which it calls Bharat Khata — tha...

Andreas Kolbe / The Daily Dot : The Wikimedia Foundation is financially healthy and nearing a $100M endowment target five years ahead of schedule, yet fundraising appeals imply it's struggling   —  The site is way richer than it wants you to know.  —  The Wikimedia Foundation (WMF), the non-profit that owns Wikipedia … from Techmeme https://ift.tt/3wIxDdj

Fast Company : During the pandemic, electronic health record provider Epic quickly rolled out a non-peer reviewed AI-powered tool for triaging patients across US hospitals   —  During the pandemic, the electronic health record giant Epic quickly rolled out an algorithm to help doctors decide which patients needed the most immediate care. from Techmeme https://ift.tt/3fBrGcM