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Sharda Federation Sets Up Global Accelerator Program For F&B Startups

The selection process is set to be highly competitive, with only 20 startups advancing to the next round in the first cohort. The program is set to mentor and fast-track over 50 food brands in the next year

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Amazon Plans To Invest $4bn In AI Startup Anthropic: Report

According to media reports, the CEOs of Amazon's cloud division and Anthropic said the immediate investment will be USD 1.25 billion, with either party having the authority to trigger another USD 2.75 billion in funding by Amazon

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Samir Shah Calls For Investments That Align With Sustainability

Identifying four key areas for sustainable investment and development, Samir Shah, Peak Sustainability Ventures pointed to new energy, the imperative shift from fossil fuels to hydrogen, solar, and biofuels. He urged taking the initiative for this transition

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Quadria Capital To Raise Up To $1bn For Its Third Fund

The firm has raised about USD 500 million so far and likely to close the fund by the second quarter of 2024, founders and managing partners Abrar Mir and Amit Varma told Reuters

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Burman Family Announces Rs2,116cr Open Offer For Religare Enterprises

The Burman family, through its group entities, is currently the single largest shareholder in REL and holds ~21 per cent stake

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Nirma To Acquire 75% Stake In Glenmark Life Sciences For Rs5,651cr

Glenmark Pharma still owns 7.84 per cent of GLS after the divestment

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SoftBank Partners With Parent Company Of OYO To Introduce Premium Hotel Chain In India

The SoftBank-Oravel Stays JV plans to launch an additional four Sunday hotels by the end of 2023

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Safexpay Expands To GCC, Aims To Invest $10mn In Digital Payments Ecosystem

To support its expansion into the GCC region, Safexpay has strategically partnered with prominent organisations in the UAE, such as Magnati, Abu Dhabi Islamic Bank, Paynest, Dubai Chamber of Commerce, Rakbank and Network International

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Antler India Raises Rs500cr For Its Maiden Fund, Expects Final Close This Quarter: Report

The domestic fund has been in the making for almost one and a half years and is separate from the global Antler continuity fund which closed at USD 285 million earlier this year

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Good Governance Must For Startups To Grow: Gaurav Singhvi, We Founder Circle

"Diversifying funding sources and creating avenues for startups in various regions and sectors to connect with investors could foster greater inclusivity," Gaurav VK Singhvi, Co-founder, We Founder Circle

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