Author Archives
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W Health Ventures Invests $30mn In 2070 Health
Advertisements W Health Ventures has invested USD 30 million in 2070 Health, a healthcare venture studio, to help it establish healthcare firms from scratch. The funds will be used to construct the 2070 Health platform and to nurture newly formed… Read More ›
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Artha, Others Invest Rs44cr In KarmaLife
Advertisements KarmaLife, an earnings-linked financial solutions provider for the gig and blue-collar workforce, and an Early Wage Access (EWA) platform in India, has raised Rs 44 crore in an extension to its pre-series funding round led by Krishna Bhupal’s family… Read More ›
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Sequoia, Aavishkar Leads Over $5mn Seed Round For Climate-tech Startup Newtrace
Advertisements Newtrace, a innovator in climate technology, has raised USD 5.65 million in seed funding. The round was led by Sequoia Capital India and Aavishkaar Capital, along with continued support from existing investors Speciale Invest and Micelio Fund. Ashish Goel,… Read More ›
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Delhi HC Slams Government Over Sluggish Action On Illegal Epharmacies
Advertisements The Delhi High Court (HC) slammed the union government previous week for failing to develop laws to control the country’s expanding epharmacy industry. Chief Justice Satish Chandra Sharma and Justice Subramonium Prasad of the Supreme Court instructed the Centre… Read More ›
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JSW Ventures Exits Partially From Purplle, Bags 18x Return
Advertisements JSW Ventures has partly exited its shareholding from Purplle in a secondary sale to Abu Dhabi Investment Authority (ADIA). JSW Ventures first invested in Purplle’s Series A round in 2016 from their first fund. The fund then participated in… Read More ›
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Tiger Global Likely To Invest $40mn In Rajasthan Royals: Report
Advertisements According to media sources, Tiger Global is in talks to buy a stake in the Indian Premier League’s Rajasthan Royals, marking the company’s first step into one of the world’s biggest sports leagues. According to the reports, Tiger Global is… Read More ›
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Govt-backed ONDC To Integrate PayNearby Mall
Advertisements According to media reports, the Indian government-backed ONDC would integrate PayNearby’s newly developed meta commerce platform PayNearby Mall to facilitate the provision of goods and services in an assisted way at the last mile. This integration seeks to enable any… Read More ›
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Cred-owned Happay Lays Off 35% Employees
Advertisements Fintech unicorn CRED-owned Happay has reduced its workforce by approximately 35 per cent, according to media reports. On May 12, 2023, teams were informed about the restructuring by their respective managers in the company. According to Happay’s LinkedIn profile,… Read More ›
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Lendingkart Elevates Three Execs To Leadership Team
Advertisements Lendingkart Technologies named Abhishek Singh, Dipanshu Rajpurohit, and Ram Deshpande to the positions of chief operating officer, chief business officer, and chief marketing officer, respectively, on Thursday. Lendingkart, founded in 2014 by Harshvardhan Lunia, has offices in Ahmedabad, Bengaluru,… Read More ›
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We Incubated 87 Women-led Social Startups, Touched Over 1.5 M Lives: STEP Founder
Advertisements Talking about the hardships women entrepreneurs across the world face in this startup ecosystem, Reinu Shah, Founder of STEP, spoke to BW Businessworld and shared some of her experiences during her journey. Shah also shared some of her learnings… Read More ›
