Bengaluru-based fintech startup Gumption Labs has received USD 50,000 in investment from Village Capital.
Gumption Labs is an artificial intelligence (AI) based algorithmic platform that automates the investments options.
"We are going to use the funds from Village Capital to expand our team and operation to handle the increasing number of users of our platform," Gumption Labs co-founder and CEO Anuraag Saboo said.
Started in 2010, Gumption Labs monitors and re-balances financial investments using artificial algorithms through - Traders Cockpit and Fund Expert - two of its signature products.
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Zen Mobile partners Reverie
* Zen Mobile has partnered with Reverie Language Technologies for the latter's 'language localisation' solutions.
This would enable over 20 Zen smartphones, including its recently launched Admire Dragon and Cinemax Click smartphones to come pre-installed with Reverie's Indic Phonebook, Indic Keyboard Swalekh Flip and Language Lockscreen, a statement said.
Also, more than 40 feature phones models will contain Reverie's proprietary fonts and keyboard solutions, it added.
Reverie's Indic Keyboard Swalekh Flip on Zen Handsets is an intuitive keypad that enables users to type in their language of choice. It supports all 22 official Indian languages.
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