Article on October 03, 2022
Automation Anywhere Secures $200 Mn From Silicon Valley Bank
“This partnership and financing with Silicon Valley Bank and Hercules Capital allows us to continue to invest in and enhance the best cloud-native automation platform," said James Budge, Chief Financial Officer, Automation Anywhere
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7-Yr-Old Boy Dies After Electric Scooter’s Battery Explodes
The incident occurred in Vasai area of Palghar district. This incident is an alarm for EV maker giants as well as startups
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SIDBI, D&B Sign MoU To Create Sustainability Index For MSMEs
The survey will cover the views of the respondents about the preceding quarter and the outlook for the upcoming quarter. It will also capture information on critical events that have an impact on MSMEs
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UpwardGrowth: Startups Should Be Cautious About Profitability, Cashflow
"Are you partnering with the VC you are in sync with? The relationship between investors and founders is like that of life-long partners. Founders can learn a lot from investors' experience," Amit Ratanpal, Founder and MD, BLinC Invest candidly shares
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Qualcomm India, MeitY Announces Its First Startup Cohort 2022
Under this program, the selected startups will gain access to domain experts, VCs, accelerators, incubators, industry associations, and other companies that can help them scale up their business
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U Gro Capital Bags $5 M From Microfinancing Fund AgmvK
The company said that U Gro Capital plans to deploy the funds to extend credit to underserved business sections. The earnings from this cooperation will act as a credit connection for the nation's micro, small, and medium-sized firms (MSMEs)
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Fintech Startup Biz2X Expands Its Footprints
The fintech company has opened its new office in Mumbai as a part of its aggressive expansion strategy
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Lifestyle Metaverse MT Tower Begins Third Seed Round
After successfully raising $0.4 million in its first strategic round, the project raised over $600,000 in its second round, which ended on 16 September
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Survey Discloses That 2 In 3 Citizens Are Excited About Festive Season Shopping
In the Ipsos survey, women were seen to be more excited about spending (73 per cent) over men (67 per cent)
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Greater Pacific Backs Muthoot Microfin, Infuses Additional $10 M
Prior to this investment, GPC had invested $50 million in the Mumbai-based microfinance institution (MFI) in December 2021. The company offers microloans to more than 2.3 million active borrowers and claims to be focused on women entrepreneurs, primarily in the rural regions of India
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