Daily Markup #432: This week’s stories on US$48M raised for retail & insurtech, drones that improve quality of life, and more

The month of February is off to a great start for some 500-backed startups. Pakistan-based Retailo raised US$36 million to help digitize small businesses in retail; London’s Laka has bagged US$12 million for bicycle insurtech; Drone startup Aarav Unmanned Systems (AUS) was awarded a US$2 million contract, with its drones set to facilitate the digitization of land records for the improvement of quality of life in the state of Haryana in Northern India.

Missed our January round up? Check it out here.

Credit: Sasun Bughdaryan on Unsplash

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Other stories you may have missed:

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