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Latest Articles in News

B2B Marketplace Udaan Raises $50M in Series B Led by Lightspeed Venture Partners

Udaan aims to utilise the newly raised funds to add new sellers and buyers, expand its logistics network, hire more engineers and sales executives and launch new services like lending, co-founder Sujeet Kumar said.

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Fintech Startup BuyForexOnline Looks to Raise $2M for its Next Phase of Growth

The company has raised $1 million from private investors till date and has achieved traction of over $30 million, servicing over 20,000 clients since its inception, with a projected 5X growth this fiscal.

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Aye Finance Raises Rs 25 Cr from Hinduja Leyland and Intellegrow

Aye Finance has earlier raised equity funds from three reputed Venture Capital Funds – Accion International, SAIF Partners and LGT Impact Ventures. Furthermore, the company is in advanced talks with investors to raise INR 150 Crore in Series C funding.

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Mahindra Invests up to Rs 176Cr in Zoomcar in Push to Promote Shared Mobility and Electric Vehicles

When converted to common stock of Zoomcar Inc on a fully diluted basis, would constitute approximately 16 percent stake in Zoomcar Inc

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Wine Marketplace App Vivino Raises $20M in Series C

Funding will be used for international expansion and technology innovation as Vivino continues to democratize the business of wine.

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CBA Leads the Pre-Series A Round of Funding for Shirsa Labs

New funds will be used to bolster their presence in India and scale up the business further

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ah! Ventures Invests in Marketing Platform Corefactors

Corefactors had raised an undisclosed amount in seed funding during 2016 from Angel Investors and built most of the marketing and communication technologies inhouse.

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Investment App Stash Raises $37.5M Targeting Financially Underserved Americans

The startup aims to encourage the nearly 50 percent of Americans who don't have enough money to cover a $400 emergency expense start a savings fund.

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Mumbai SaaS Startup WebEngage Now Funded by Chamath Palihapitiya’s Social Capital

WebEngage is the first Indian company to raise through the CaaS vehicle of Social Capital.

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