Article on July 27, 2021
ShareChat Parent Raises USD 145 Mn Funding From Temasek, Others
Mirae-Naver Asia Growth Fund is jointly set up by Mirae Asset and South Korean web portal Naver Corp
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Fit-tech platform OneFitPlus launches FitBoard
OneFitPlus leverages its mobile application that is available on Apple and Google Play stores and is rated above 4.8 stars by more than 3,000 users with over 60 thousand downloads.
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Lomotif And Universal Music Group Announce Worldwide Agreement
Lomotif has grown worldwide as a grassroots social community with dedicated users spanning from Asia to South America to the U.S.
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Immensitas Raises ₹6.30 Crores In Pre-Series A Round
The funds will be utilized by Immensitas’ offering – Lemnisk - a leading enterprise Customer Data and Marketing Automation Platform, based in Bangalore. This investment is AFV's 11th from its recently closed ₹225 crores micro-VC fund
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Locus Commits To Long-Term Employee Wealth Creation By Assigning $4 Million For Its ESOP Buyback
Locus had recently raised $50 million in Series C funding led by GIC, Singapore’s sovereign wealth fund, with participation from Qualcomm Ventures LLC and existing investors Tiger Global and Falcon Edge.
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MyGlamm Raises Rs 355 Cr In Funding From Accel, Others
MyGlamm will utilise its latest funding to invest in product development, support data science and technology research, increase offline expansion, fund working capital requirements and expand content creation capabilities and digital reach of POPxo and Plixxo.
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XpressBees Enters Into Strategic Biz Partnership With SpiceXpress
Under this partnership, XpressBees has been allotted exclusive rights to sell SpiceXpress' D2D (door to door) products at a total of 27 tier-3 & tier-4 locations within the SpiceXpress network
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Paytm looking to launch Rs 16,600-cr IPO by October
The company had filed draft papers for its initial share sale with the market regulator SEBI on July 15. It expects a response from the capital market watchdog by mid-September, after which it plans to proceed with listing as early as possible
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Post-IPO Performance Amidst The Rush Of Retail Investors In The Stock Market
One very interesting inference that can be drawn is that last year those companies which were listed with a higher price than the IPO price, are all generating positive returns (comparing the offer price) as on 16 July,2021.
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