Author Archives
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Qatar-based Al-Abdulla Group Invests $50 Mn In EV Startup Kabira Mobility
Advertisements A Qatar-based conglomerate with a diverse portfolio across several industry verticals, including renewable energy, construction, oil and gas and manufacturing, has infused fresh capital worth USD 50 million in a homegrown electric two-wheeler startup Kabira Mobility. Last month, Kabira… Read More ›
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Walmart Infuses Additional $200 Mn In PhonePe
Advertisements PhonePe, one of India’s major financial platforms, announced today that it has secured an additional USD 200 million in primary capital from Walmart, valued at USD 12 billion pre-money. This fresh fundraising is part of PhonePe’s ongoing capital raise… Read More ›
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ACKO Acquires Maternity And Child Platform Parentlane
Advertisements ACKO has acquired Parentlane, a digital health platform in the maternity and child health space. The technology platform empowers young millennial parents with proactive healthcare solutions from preconception to the most critical early childhood development phase, the company said… Read More ›
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‘Indian Deposits Worth $200 M From SVB Moved To GIFT City,’ MoS Chandrasekhar Reveals
Advertisements Emphasising that Indian banking system is resilient and strong, Union Minister of State for Electronics & IT and Skill Development & Entrepreneurship, Rajeev Chandrasekhar said startups should therefore opt for Indian banks as their preferred banking partners. During a… Read More ›
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New Wave Of Startups Is Testimony To Youth’s Entrepreneurial Temperament: Vaishnaw
Advertisements The new wave of startups in India is a testimony to the entrepreneurial temperament of the youth, in recent times, said the union IT minister, Ashwini Vaishnaw on Thursday. While speaking at an event organised by PHD Chamber of… Read More ›
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Avaana Capital Leads $5 Mn Pre Series A Round For Solartech Platform Aerem
Advertisements Aerem, a solartech platform, raised USD 5 million (Rs 41 crore) in a pre-Series A financing headed by climatetech investor Avaana Capital. Blume Ventures also participated in the round, and financial institutions provided USD 1.5 million in debt funding. … Read More ›
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Stellaris, Others Invest $3 Mn In Lifestyle Brand Zouk
Advertisements Modern Indian lifestyle brand Zouk has raised USD 3 million in fresh capital. The round was led by Stellaris Venture Partners and saw participation from Sharrp Ventures, JJ Family Office, Deutsche Bank India CEO Dilip Khandelwal, Manoj Meena of… Read More ›
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Fintech Startup Finsire Secures $1.3 Mn In Seed Round
Advertisements Infratech and asset collateralisation API Fintech Company Finsire announced that it has raised USD 1.3 million in seed funding, led by DevX Venture Fund and other Strategic Investors. The round, led by DevX Venture Fund, also saw participation from a… Read More ›
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1crowd, Chennai Angels Lead Rs 4.2 Cr Pre Series A Round For Startup peAR
Advertisements peAR, an augmented-reality based in-restaurant ordering app on Thursday raises Rs 4.2 crore in a Pre-series A led by 1crowd and Chennai Angels and co-Led by Inflection Point Ventures (IPV). The funds raised will be utilised to scale the… Read More ›
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ADIA To Infuse $500 Mn In Lenskart: Report
Advertisements SoftBank-backed Lenskart on Thursday signs an agreement to raise USD 500 million from the Abu Dhabi Investment Authority (ADIA), according to media reports. The fundraise was done at a USD 4.2 billion valuation and will result in ADIA becoming one… Read More ›
