Mfine adds heart rate monitor to the app; Infosys, Roland-Garros extend contract; Tide UK to help 500,000 women entrepreneurs

Mfine, a digital health platform provider, has launched a Heart Rate Monitoring Tool on its mobile app that uses the phone’s camera flash. Infosys and Roland-Garros have renewed their partnership for another five years. Filo, Docsumo, and Pocketly raise funding. Plus, Tide, UK, has a plan to support 500,000 women entrepreneurs. Notes: Mfine, a digital health platform provider, has launched a Heart Rate Monitoring Tool on its mobile app, the Bangalore company said in a press release. The app uses the smartphone’s camera flash to measure the ebb and flow of blood at the fingertips as the heart pumps blood. It is currently able to measure the heart rate at 90 percent medical accuracy, according to Mfine’s press release. The company expects to launch glucose monitoring and blood pressure measurement via its app by the end of this year. Infosys, and Roland-Garros, have renewed their three-year partnership for another five years, the Bangalore based Indian IT services giant said in a press release. Roland-Garros and Infosys have brought new digital experiences for the entire tennis ecosystem, introducing solutions that use AI, cloud computing, and analytics. The contract renewal will see Infosys continue to develop broadcast and technology innovations, and launch a new social inclusion initiative at Roland-Garros 2022. Daimler Truck has announced the launch of its Daimler Truck Innovation Center India at Bangalore, the German truck maker said in a press release yesterday. The centre will serve as the backbone for all innovations and technology developments for Daimler Truck globally including Mercedes-Benz Trucks, Freightliner, Western Star, Thomas Built Buses, Fuso, Bharat Benz, and EvoBus. Tide, a UK based business financial platform, with operations and an imminent launch in India, has announced a target of supporting 500,000 women-led businesses to start up, over the next five years, the company said in a press release. This move comes on the heels of Tide’s ‘Women in Business’ initiative in the UK and the company’s plan to work as an incubator for women business owners in India. Through this initiative, Tide aims to help women-led SMEs start and grow their businesses. Filo, an instant live tutoring startup, has raised $23 million in Series A funding led by Anthos Capital, the company said in a press release. The round also saw participation from existing investor Better Capital along with GSV, Sapling Capital, and many individual investors. Filo will use the money for product development, expanding the team, tapping new categories, and expanding its tutor base across the country. Docsumo, a document management software provider in Singapore, has raised $3.5 million in seed capital, the company said in a press release. The round was led by Common Ocean with participation from Fifth Wall, Arbor Realty Trust, and existing investor Better Capital. Docsumo will use the money to expand its client base in the North American market and grow the team. Pocketly, an online lender to young adults, has raised $3 million in debt and equity funding as part of its Pre-Series A round. The round was led by Dholakia Ventures, with several angel investors joining in. The company is part of 100x.VC’s first batch. It is now serving more than 100,000 borrowers and is currently disbursing more than Rs. 250 crore annually. Theme music courtesy Free Music & Sounds: https://soundcloud.com/freemusicandsounds