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Thank You, Sponsors And Partners For Making The D2C Summit A Monumental Success!
Earlier this month we concluded India’s largest D2C and ecommerce conference — The D2C Summit. In the last one year, India has seen an incredible rise of brands that have now become household names,...
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ShareChat Valued At $2.8 Bn In $145 Mn Round Led By Temasek & Others
Mohalla Tech Pvt Ltd, the parent company behind social media startups Moj and ShareChat, has raised US$145 Mn in its Series F round led by Singapore state investor Temasek, Moore Strategic Ventures...
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Ixigo Raises $53Mn In Pre-IPO Funding Led By GIC & Others
Online travel aggregator ixigo on July 28 closed a pre-IPO funding round worth $53 Mn led by Singapore-based sovereign fund GIC along with participation from other investors including InfoEdge,...
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Indian Govt Neither Knows The Number Of Exchanges Nor Their Correlations With...
In contrast to what finance minister Nirmala Sitharaman claimed in media that ‘a lot of work’ with regards to the draft crypto bill ‘has already been done’, the unpreparedness of the Indian government...
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Funding Galore: From Gupshup To Droom – Over $1.16 Bn Raised By Indian...
This week, automobiles marketplace Droom and enterprise tech startup OfBusiness entered the unicorn club. In 2021, the Indian ecosystem has now seen 17 startups enter the unicorn club, while the total...
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Here Are The 17 Indian Startups That Entered The Unicorn Club In 2021
It’s raining unicorns in India. In the first seven months of 2021, 17 Indian startups have already made it to unicorn club, and more are expected to be riding in pretty soon, given the record amount of...
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IPO Bound ixigo Appoints Six New Members To Its Board Of Directors
Online travel aggregator ixigo has announced the appointment of six new independent members to its board of directors in the run-up to its initial public offering (IPO) which is expected to be filed by...
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B2B Manufacturing Marketplace Fashinza Raises $20 Mn In Series A Funding
Gurugram-based B2B marketplace Fashinza, which connects fashion brands with apparel factories, has raised $20 Mn in Series A funding. The round — a mix of equity and debt — was led by existing...
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Nykaa Files DRHP With SEBI For INR 4,000 Cr Initial Public Offering
Lifestyle ecommerce platform Nykaa has filed its draft red herring prospectus (DRHP) with capital markets regulator SEBI to raise INR 4,000 Cr via an initial public offering (IPO), according to a...
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Infra.Market Valued At $2.5 Bn After $125Mn Series D Round Led By Tiger Global
Construction-focused marketplace Infra.Market has raised $125 Mn in a Series D round led by Tiger Global. The latest funding round values the company at $2.5 Bn, a significant jump compared to the $1Bn...
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Vertical SaaS Startup CollPoll Secures Funds To Help Educational Institutions...
Bengaluru-based vertical SaaS platform CollPoll that caters to premier educational institutions has raised INR 16 Cr from Prime Venture Partners. Focussing on to cater to 8K premier educational...
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FIR Against BYJU’S Claims ‘Wrong’ Information Published In UPSC Course Content
The Mumbai police has registered an FIR against edtech unicorn BYJU’S for allegedly publishing misleading information on its UPSC curriculum course, according to a report by PTI. The case was filed in...
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Funding Galore: From Unacademy To BharatPe – Over $1.4 Bn Raised By Indian...
As funding continues to pour into the Indian market, BharatPe became the 18th unicorn in India, with its $370 Mn Series E round this week, which was followed by the entry of Mindtickle into the unicorn...
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[Funding Galore] From Eruditus To Dailyhunt – Over $1.5 Bn Raised By Indian...
There’s no stopping the influx of new unicorns in the Indian market. This week, upGrad and Eruditus flew the edtech flag high with their respective unicorn rounds, taking the total number of unicorns...
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SEBI Relaxes Sweat Equity Rules For Startups Listed On IGP
Markets regulator Securities and Exchange Board of India (SEBI) has relaxed the quantum of sweat equity that can be issued by new-age technology companies listed on the Innovators Growth Platform...
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Announcing The Crypto Summit — India’s Largest Crypto And Blockchain Summit
Whether it is currency, economy, the internet or the metaverse, we believe that open, trustless and decentralised systems are the future. Crypto is, therefore, a way forward, and we need to talk about...
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Successful Founders Need To Nurture Startup Aspirants: Ritesh Malik
For those closely tracking the Indian startup ecosystem, Ritesh Malik is no stranger. He entered the ring when venture capitalists (VCs) were just picking up the threads at the fence and today, the...
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Swiggy Extends Financial Aid Package Worth INR 63 Cr To Its Restaurant Partners
Food delivery startup Swiggy is extending financial support to its restaurant partners at a time when the restaurant and hospitality industry is reeling out of the financial distress caused by a global...
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Infamous Angel Investor Mukund Mohan Sentenced Two Years Of Jail Term For...
Former Amazon and Microsoft executive Mukund Mohan has been sentenced to two years of jail term for fraudulently obtaining $1.8 Mn in Covid-19 relief loans by the Western District of Washington. Mohan...
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Dunzo Clocks INR 590Cr GMV In FY21, Cuts Cash Burn By 35% YoY
Hyperlocal delivery startup Dunzo has sold around INR 590 Cr in gross merchandise on its platform in FY21, which is a 1.6X growth compared to INR 260 Cr worth gross merchandise sold in the previous...
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