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Article on September 08, 2020

Celebrity Dancer Dharmesh drives Cybernauts insane with #MojwithD

Taking the internet by storm with over 50 million users within 30 days of launch, Moj already dominates the social media ecosystem.

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Recordent secures undisclosed capital in Angel Funding Round

The fintech startup recorded 180% growth in business registrations and 500% growth in the total value of customer dues submissions since April 2020 and aims to register 20,000 businesses by March 2021.

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Inflexor Ventures Marks First Close of Its Technology Fund at INR 230 Cr

SBICap Ventures was seen as an anchor investor and SIDBI as key institutional LP along with marquee Family Offices.

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Early-Stage Venture Capital StartupXseed Launches Second Fund of Rs.200 Cr.

With a successful Investor base including Tech Entrepreneurs, HNI’s and Family offices, the fund will be utilised for investing in Seed and Growth stages in Deep Tech space.

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Finance Ministry Sanctions Loans Worth Rs 1,61,017 Crore Under ECLGS For MSME's.

The scheme is the biggest fiscal component of the Rs 20 lakh crore Aatmanirbhar Bharat Abhiyan package announced by Finance Minister Nirmala Sitharaman in May to mitigate the distress caused due to COVID-19.

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VC Firm Samyakth Capital launches Samyakth Labs to invest In Early Stage Fintechs

The firm has recently launched Samyakth Labs, with the prime intent to grow and back unique early-stage FinTech startup ideas. The vision for Samyakth Labs being to foster these companies, and enable complete financial empowerment and technological advancement across all verticals.

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Health-tech Company ConnectedH Raises Undisclosed amount in Seed Funding.

The funding which was made by First Cheque, Rohit MA, PointOne Capital, and other investors will be used to expand the brand’s presence pan India and widening their value offerings.

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NotOnMart plans to interface 20 lakh farmers & artisans with consumers.

NotOnMart is a small scale community-led initiative that aims to scale up the coordination of micro-sized businesses, helping agriculturists and craftsmen extend their reach into the urban market.

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Ather Energy to commence delivery of electric scooter 'Ather 450X' from November.

The delivery of Ather 450X will begin from November in a phased manner, with Bengaluru and Chennai first and then the rest of the cities, the company said in a release.

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Equity Market Witnesses Increased Women Participation During Covid-19

Most of these women are first time investors and a large number of them are housewives.

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