Article on February 07, 2022
Okinawa Launches its Second Experience Centre
The company is rapidly expanding its experience centres pan India to deliver the best of technology in electric-two-wheelers
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Dvara SmartGold Raises $2M in pre-series A Funding Round
Dvara SmartGold is an initiative of the ‘Dvara Venture Studio’ cohort that supports entrepreneurs working towards large-scale systemic change in the financial inclusion space.
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SatSure raises $5M in pre-Series A round from Baring PE India, ADB Ventures, others
Bengaluru-based SatSure will use the capital towards expanding its footprint in Southeast Asia and accelerating its product development, including launching its proprietary payloads to Low Earth Orbit.
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Maheshwari's Invact Metaversity raises fund from Kishore Biyani, Kirthiga Reddy, others
Maheshwari, who quit Twitter in December, did not disclose the size of the round but said he diluted less than 15 percent equity
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KKR Backed Virescent Renewable Energy Trust Raises Rs 650 Cr Via Bonds
According to the statement, this transaction marks the largest single series issuance of Rs 500 crore in a 10-year tenor by a renewable energy company
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Burgerama Raises Rs 5 Cr In Pre-series A Led By Anicut Angel Fund
The funds will be used to expand the brand geographical presence in India, strengthen internal functioning and supply chain along with product standardization and create a strong franchise-ready operation model. The last funding of INR 2 crores, also led by Anicut Angel Fund, was raised in September 2020
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U GRO Capital Raises Rs 138 Cr Through ResponsAbility
The transaction was structured in two legs - in the first leg, an INR 31 Cr equivalent USD-denominated ECB was raised which was followed by INR denominated NCDs totalling INR 107crs in the second leg
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Trifecta Capital Raises ₹1.5K Cr For Maiden Equity Fund
Trifecta Leaders Fund-I was launched in May 2021 in the midst of the second wave of covid-19 pandemic and announced its first close in July 2021.
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Kalaari Capital Invests In Gaming Startup Atirath
The funds will be used for strengthening products to evolve and develop the economic model of the game metaverse and for team expansion. Atirath was founded in mid-2020 by Shiva Bayyapunedi & Ramachandra Raju who worked together at Apalya Technologies that Shiva founded and was later acquired
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Paytm’s December Quarter Loss Widens To Rs 778 Crore
Its consolidated revenue from operations, however, increased by about 88 per cent to Rs 1,456 crore during the reported quarter from Rs 772 crore it posted in the December 2020 quarter
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