Startup Digest: PhonePe officially announces Smart Speaker, AWE Funds launches Rs 350 crore maiden India fund, Northern Arc Capital gets $25 million

Here are the top headlines from the startup space.PhonePe officially announces Smart Speaker after QR codes burning incident involving Paytm employeesDigital payments giant PhonePe has officially launched its Smart Speaker for reliable and convenient payment tracking at stores. The Smart Speaker has been launched in 8 cities, and over 100,000 devices are already being used by PhonePe merchant partners, as per a statement.The device provides payment notifications in 11 Indian languages and comes with up to 4 days of battery life, doorstep installation at just Rs 50 as an initial set-up cost, and a low monthly rental of Rs 50 per month, the firm added.

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