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Startup Street: Xiaomi launches Mi Credit in India

Updated : December 03, 2019 08:13 PM IST

Chinese internet company, Xiaomi launched its personal loan service called MI Credit in India on Tuesday. MI credit connects users looking for a personal loan service that is best suited for his or her financial needs.

The company claims that you can avail of a loan in under five minutes. Megha Vishwanath spoke with Xiaomi's VP and India head, Manu Jain to find out more about the company's latest offering.

Accel India the backer of unicorns like Flipkart, Ola and Swiggy has raised its sixth and largest fund of USD 550 million. Accel started its first fund in India in 2005 and now has over USD 1.5 billion assets under management. Startup Street spoke to Accel India's Shekhar Kirani and Anand Daniel to find out the company's funding strategy.

We live in a world where digital transformation for businesses is inevitable. Cybersecurity is one of the top concerns for all founders and CEOs globally. One company that is helping businesses make that switch safely is our homegrown startup Lucideus. Backed by CISCO's former chairman & CEO John Chambers, Lucideus has raised a fresh round of funds from Japan's MS & AD ventures of USD 7 million. The co-founder & CEO Saket Modi claims to have doubled the valuation in 10 months.

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