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Article on August 08, 2022

ISRO Provides Rs 50L In R&D To Support 6 Startups For R&D

While the final list of selected businesses has not been disclosed, the 7 shortlisted startups for this initiative are SatSure, Satyukt Analytics, Number Analytics, Bellatrix Aerospace, Skyroot Aerospace, Digantara, and Vashishta Research.

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PM Modi Wants India To Become Self-Sufficient, Global Leader In Farm Sector

The Prime Minister also spoke about upcoming India's presidency of the G-20 in 2023. G-20 is a grouping of developed and developing nations

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Bengaluru-Based Platform Eyestem Bags $6.4 Mn In Series A Round

Existing investors Endiya Partners and Kotak Private Equity also participated in this round, valuing Eyestem at $46.4 million (INR 371 Crore) post money

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SoftBank Posts $17 Bn Vision Fund Loss On Tech Slump

SoftBank had booked a record loss at the Vision Fund unit in May as market turmoil driven by rising interest rates and political instability hit the tech investor

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Edtech Unicorn upGrad Raises $210 Mn At $2.25 Bn Valuation

upGrad's founders Ronnie Screwvala, Mayank Kumar and Phalgun Kompalli also invested $12.5 million to retain 50 per cent of their ownership in the edtech

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Tej Kapoor Joins IvyCap Ventures As Managing Partner

Previously, Tej was Global partner at Fosun and Head of Fosun RZ Capital India and South East Asia. He was managing several portfolio companies and looking to invest in exciting early and growth stage technology companies

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CommerceIQ Ropes In Kal Raman As President

Kal Raman joins CommerceIQ from Samsung Electronics America, where he served as Chief Digital Officer since 2016

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Wealth Creation Platform Dezerv Raises $21 Mn In Series A

With this fundraise, it intends to focus on strengthening the user experience, introducing new investment opportunities and growing the talent pool within the company

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Ankur Capital Launches Pre-Seed Funding Platform - Day Zero

At Day Zero, Ankur Capital is building a platform for collaboration among angels, Micro VCs, and ecosystem enablers. The platform will invest in pre-seed/seed startups with upto $ 1 M, alongwith partners including Ankur Capital

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Venture Catalysts Invests In Delhi-Based Startup Let’s Try

Other investors that participated in the round included Aman Gupta (Founder – Boat Lifestyle), Prateek Nijhawan (Julius Baer), Kiran Kumar (Ex Pepsico India Head) and Prateek Sabharwal (Ex. Pepsico, Kellogg’s Director)

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