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Article on August 09, 2022

Indian Army Sings MoU With DFI To Make Drones For Military Operations

This MoU also signifies the unwavering commitment of the Indian Army in supporting our industry and the complete eco system to develop indigenous equipment and weapon systems in line with Atmanirbharta in defence manufacturing

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CoinSwitch Launches Web3 Discovery Fund To Incubate Early-Age Startups

The startup claims the fund will provide strategic support to portfolio startups and help investor partners, including Tiger Global, Ribbit Capital, Coinbase Ventures, Sequoia Capital India, Woodstock Fund, Elevation Capital (ex-SAIF partners), and incubation partner Buidlers Tribe to have single-window access

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ONDC, SIDBI Ink MoU To Accelerate Ecommerce For Small Businesses

Each ONDC and SIDBI will maintain periods with MSMEs to coach them about ONDC’s community, protocol and MVP definition

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MSMEs, Startups Can Avail 5G Test Bed Free Of Cost: Govt

Telecom minister Ashwini Vaishnaw said the 5G service in India is most likely to start by the telecom operators in the first week of October 2022

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QSR Chain Fat Tiger To Open 200 Offline Outlets, Plans To Invest 70 Cr In 3 Years

Fat Tiger wants to work towards the upliftment of skilled people from below the poverty line section of society by not only lending a hand but also by generating employment opportunities for the said section

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Weave Capital Announces $75 Mn Multi-Stage Venture Fund

Weave Capital, a sector agnostic fund with an inclination for technology-enabled businesses, will have a total corpus of US$ 75 million along with a green shoe option of US$ 25 million. Aiming for its first close at US$ 20 million

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Humalect Raises $750K In Seed Round Led By StartupXseed Ventures

The raised funds will be strategically utilized to build the team efficiently and extend product features

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Super4 Forays Into Gaming Sector With Initial Funding Of INR 10 Cr

Currently, the application has a customer base of 10,000 users and the company expects to grow to over one million users and generate an approximate revenue of over 5MN by the end of 2023

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HempStreet Announces Partnership With Amrita School Of Ayurveda

Through this collaboration, HempStreet aims to receive clinically supported solutions to aid in their fight against mass ailments

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Net Loss Of Rs. 399 Crore For Delhivery In Q1

Delhivery recorded a net loss of Rs 399 crore for the quarter ending June 30. This was a record low for the firm, which was twice the loss it had recorded during the same period in the previous fiscal

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