Article on June 03, 2021
India SME Expands With ₹ 60 Cr Investment In KreditBee
The investment news comes as a follow-up of a recent round raised by the holding group entity of KreditBee from marquee investors like Premji Invest, TPG-backed NewQuest Capital Partners, Motilal Oswal Private Equity, Mirae Asset Ventures, and Alpine Capital.
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WEH Ventures Launches Rs 100 Crore Fund
The finances will be deployed at an early stage to India-first start-ups, that is, those looking to solve national and local issues
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Enabling Qapital Partners With Vivriti Asset Management
The partnership aims to provide debt finance to support small enterprises and fintech, empower women entrepreneurs, and strengthen agriculture supply chains.
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SAG Infotech To Develop Genius ERP With $5 Million Funding
The Genius ERP software is made to bring cloud, desktop both platforms support to all the devices which will make the client mobility an easy task. Every client will be able to handle his tax-related work anywhere anytime with the Genius ERP cloud feature.
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OfBusiness Eyes $1.5Bn Valuation With SoftBank
After this round of funding, OfBusiness's valuation will double to $1.5 billion, which is almost double its last valuation of $800 million two months ago
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Spardha Raises INR 3 Cr In Pre-Series-A1 Funding
Spardha has made curated curriculums for the students and facilitates the same via its completely digital learning platform.
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PayNearby Appoints New Chief Technology Officer
Vivek brings to PayNearby robust expertise as a leader in the technology and software space across the functional domains of fintech and supply chain
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Star Health Gets ₹1,200 cr Pre-IPO Funding From GIC
Star Health is collaborating with notable banks, namely Citibank, Kotak Mahindra Capital, Credit Suisse and Bank of America.
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MYBYK Raises $1M From Avon Cycles, Others
MYBK will use the funding to expand the leadership team, scale-up technology by introducing electric pedal-assist bicycles, and bolstering their marketing efforts, while they look at expanding to new locations in the country
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Innoviti's GTV Crosses US$10 Bn
The strong performance on all parameters is the outcome of this strategy as take rates, GTV, and margins all expand at 3X the market rate
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