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TCS’ Quartz For Markets To Help Integrate Crypto Services With Existing...
Having launched its Quartz blockchain solution last year, world’s largest IT company (by market capital) Tata Consultancy Services (TCS) has now come up with Quartz for Markets in order to further...
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[Funding Galore] From Classplus To GoMechanic — $237 Mn Raised By Indian...
This week, edtech startup Classplus led the line when it comes to Indian startup funding, closely followed by edtech giant BYJU’S, which got more fuel to expand its empire. Delhi NCR-based Classplus...
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MobiKwik Valued At $700 Mn After $20 Mn Round From Abu Dhabi Investment...
Gurugram-based payments and financial services startup MobiKwik has raised $20 Mn from the United Arab Emirates (UAE) sovereign wealth fund Abu Dhabi Investment Authority. The ADIA has picked up a...
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GoBOLT Raises $20 Mn In Series B Round Led By Paragon Partners And Aavishkaar...
Tech logistics startup GoBOLT has raised $20 Mn in primary and secondary funding in its Series B funding round led by Paragon Partners and existing investor Aavishkaar Capital, the company said in a...
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Here Are The 14 Indian Startups That Entered The Unicorn Club In 2021
It’s raining unicorns in India. Fourteen startups have already made it to the list in the first four months of 2021 and more will be riding in pretty soon as India is expected to raise well over $13.7...
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Covid Relief Package 2.0: Credit Guarantee Worth INR 1.1 Lakh Cr, INR 50K Cr...
Responding to the popular demands which startups and MSMEs had raised after last year’s INR 20 Lakh Cr package, the finance minister Nirmala Sitharaman has now announced a credit guarantee scheme worth...
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Startup Incubator 9Unicorns Announces 4th Close Of Its First Accelerator Fund...
Startup incubator 9Unicorns on Tuesday (June 29) announced the fourth close of its first accelerator fund at $50 Mn. With focus on DeepTech, B2B SaaS, Media,, FinTech, InsureTech, HealthTech, EduTech,...
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Grofers To Enter Unicorn Club With $120 Mn Infusion From Zomato
Food delivery giant Zomato has finalised an investment of $120 Mn into grocery delivery startup Grofers after talks of a possible merger between the both companies fell through earlier this year....
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Edtech Platform Quizizz Bags $31.5 Mn From Tiger Global, Yahoo Cofounder...
Edtech platform Quizizz has raised $31.5 Mn in a new funding round, led by US-based venture capital giant Tiger Global. Besides the VC, the latest funding round saw the participation of Yahoo cofounder...
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Gaming Soonicorn Mobile Premier League Set To Enter $10.73-Bn US Market
Online gaming platform Mobile Premier League, which is billed to soon become a unicorn as it was valued at $945 Mn in its last funding round in February this year, is set to enter the U.S. market. The...
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Digit Insurance Valuation Shoots Up To $3.5 Bn After $200 Mn Funding Round
Insurance tech startup Digit Insurance has announced raising $200 Mn from Sequoia Capital India, IIFL Alternate Asset Managers and other investors, in its latest funding round. Existing investor...
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Licious Raises $192 Mn in Series F Round Led By Temasek & Others
Bengaluru-based gourmet meat startup Licious has raised $192 Mn in its Series F funding round led by Singapore-headquartered investment company Temasek, and other private equity investors. Brunei...
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Govt May Bring Foreign Crypto Exchanges Under GST Radar
With global crypto exchanges Coinbase, Binance, Bitfinex, OKEx and Gemini already catering to the Indian market and many more making a beeline to start their business here, India’s department of...
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Indian Game Developer PlaySimple Acquired By Swedish Gaming Major MTG For...
Indian game developer PlaySimple has been acquired by Swedish gaming company MTG for more than $360 Mn, according to a statement released by the two firms on Friday (July 2). Founded in 2014 by...
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Funding Galore: From Digit Insurance To Licious — Over $750 Mn Raised By...
As we enter the second half of 2021, it’s worth noting that Indian startups are having a mega funding boom this year, after the relatively slow pace of funding in 2020. In the first half of 2021 (H1 or...
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Furlenco Raises $140 Mn Series D Round To Tap International Markets
Bengaluru-based furniture rental company Furlenco has raised $140 Mn in a new funding round, that is largely made up of venture debt with a minor equity portion. The Series D round, which was led by...
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ByteDance Starts Selling TikTok’s AI Algorithm Globally, Including In India
Chinese short video app TikTok’s parent company, ByteDance, has launched a service called BytePlus for customers across the world, including India, to sell some of its proprietary artificial...
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Instead Of INR 750 Cr, Info Edge Will Now Sell Stake Worth INR 375 Cr In...
Internet holding firm Info Edge Ltd. has revised its quantum of share sale in the upcoming Zomato public offering to INR 375 Cr, which is almost 50% lower than the originally planned INR 750 stake sale...
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Org Chart: The People With Power At IPO-Bound Nykaa
Online beauty retailer Nykaa is looking to come out with an IPO later this fiscal at a valuation of $4.5 Bn — almost 50% above its earlier target of $3 Bn. This is on the back of a significant bump in...
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Twitter Loses Its Safe Harbour Immunity For Failing To Fully Comply With...
The Indian government has told social media giant Twitter that it has lost the safe harbour immunity for failing to fully comply with the IT Rules, 2021, according to several media reports. The Centre...
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