TechCrunch Summary (2023-05-30 03AM)

Source: Amazon is testing dine-in payments in India

Summary
Amazon India is trialling payments for dine-in services in select restaurants in Bengaluru. Users can pay their bills via Amazon Pay, receiving discounts for their transactions. It is unknown whether Amazon has plans to expand this feature.

Fact

💳 Amazon India has launched an initiative for customers to pay for dine-in at select restaurants using Amazon Pay.

🌐 The National Restaurant Association of India previously warned against dining payment products from food delivery firms.

🍴 Rivals Zomato and Swiggy also offer in-restaurant payments and discounts to customers strengthening their offerings.

📈 Amazon India is struggling to make inroads into smaller towns, according to a report from Sanford C. Bernstein, with the retailer facing tough regulatory conditions, causing it to fall behind competitors Walmart-backed Flipkart.

Source: OMERS Growth Equity leads Carrum Health’s $45M Series C to expand cancer care

Summary
Value-based healthcare company Carrum Health has raised $45m in a series C funding round. The California firm provides guidance and support for surgical and cancer treatments and claims to help employers save up to 45% per episode of care.

Fact

💰💼 OMERS Growth Equity led the funding round joined by investors Revelation Partners, Tiger Global Management, Wildcat Venture Partners, Cross Creek Ventures and SpringRock Ventures, adding to a total of $91m raised so far.

👨‍⚕️💉Focusing on oncology offerings, the company has recently partnered with top cancer institutes such as Memorial Sloan Kettering Cancer Center and University of Chicago Medicine.

💹📈Carrum Health CEO Sach Jain said that the company has grown by around 100% over the last three years and has almost doubled the size of its book of business in 2022, compared to the previous year.

Leave a Reply Cancel reply