Article on May 17, 2021
Healthcare Edtech Start-up Virohan Raises A Total Of $3 MN In Series A Funding Led By Rebright Partners
Virohan will use the funds to expand to over 160 new campuses pan India with an aim to strengthen the Indian healthcare system by creating an army of specially trained allied healthcare workforce which will help tackle the ongoing covid-19 crisis.
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Microgravity Set To Raise $10 Million
Gaming gear manufacturers such as Lenovo, HP, Asus, and Logitech are working as sponsors for women e-sport athletes in India, with Red Bull working as the largest promoter and sponsor celebrity women esports globally.
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Pine Labs Completes A First Close Of $285M Funding From New Cross-Over Investors
Pine Labs has rapidly transformed from a single product company offering retail acceptance of payments to a broader payments platform.
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KKR Invests US$95 Million In Lenskart
Recent technology-focused investments for KKR in Asia include Adopt A Cow, a digitalized, direct-to-consumer dairy company in China, NetStars, the operator of Japan's largest QR code payment gateway, and Walnut Programming, a children’s programming education company in China.
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Srinagar-Based Fastbeetle Raises Undisclosed Amount in Seed Funding
The start-up will use the funding to expand business operations and strengthen the team to all districts, including the Ladakh, the adjacent union territory.
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Amazon Helps Sellers Procure Oxygen Concentrators For Customers In India
The first batch of 1,000 oxygen concentrators have already landed in India, and are now available for purchase for consumers and business customers. The rest are expected to come through in the second half of the month.
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ZestMoney Expects To See Over INR 100 Crore Revenue In FY21
According to Research and Markets, with less than 3% of adults using credit cards, India has some of the lowest rates of penetration in consumer credit. Under traditional channels, the cost of distribution and operation is high, which could be one of the reasons for its low penetration.
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Car Trade Files For IPO, To Raise INR 2,000 Crores
This move comes after people’s preference is shifting towards individual transportation during the lockdown and pandemic. The IPO consists of only 12,354,811 equity shares offered for sale.
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Aptus Value Housing Finance Files IPO Papers With Sebi
The initial public offer (IPO) comprises a fresh issue of equity shares aggregating to Rs 500 crore and an offer for sale of up to 6,45,90,695 equity shares by the promoter and existing shareholders, draft red herring prospectus (DRHP) showed.
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