Article on May 11, 2020
Sindhuja Microcredit Raises $8.7 Million Series B Funding Led By Microfinance Initiative, Carpediem Capital
Welcoming the investment, the Promoters, Abhisheka Kumar & Malkit Didyala, mentioned “NMI is a well-known international impact investor and it is a matter of pride for us to have their backing.
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Google Cloud Appoints Microsoft Veteran Anil Bhansali As VP-Engineering
Bhansali will be responsible to coordinate all software development support efforts for Google Cloud in the country.
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Marriott International Joins Hand With Swiggy To Launch ‘Marriott on Wheels’ Initiative
Customers can now order their favorite dishes from Marriott International hotels, across various cities.
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Shiprocket Raises $13 Million In Series C From Tribe Capital, Innoven Capital And Bertelsmann India Investments
The latest capital infusion brings Shiprocket’s total funding to $26 million. The investment will be used to fuel the firm's product development roadmap.
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How COVID-19 Has Affected Startup Sector
From a high touch world, we are suddenly comfortable with a minimal touch one – so everything to do with automating processes shall be the need of the day for offline industries.
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Sachin Bansal Joins Hands With Navi General Insurance
There has been no change in the leadership and positions in the Navi General Insurance, as Vijay Sinha is still the Chief Operating Officer (CEO) and the Managing Director (MD).
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Spyne Raises Pre-series Funding
The investment was led by Angellist, Smile Group, Manish Amin (COO, Yatra), Anil Goel (CTO, OYO), Anubhav Sonthalia (CEO, Sokrati), Deepak Mittal (CEO, TO THE NEW), among other entrepreneurs from leading companies in India.
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Selling Food Biz In India To Zomato Delivers $154 Mn Pre-tax Gains For Uber
The overall revenue of Uber rose 14 per cent year-on-year to $3.54 billion in the quarter that ended in March.
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Nykaa Gets Rs 67 Crore Funding From Steadview Capital
The most recent capital imbuement follows the Rs 100 crore Steadview Capital put resources into the Mumbai-headquartered organization in April.
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Caspian Debt Gets $20M Investment From DFC
The firm has lent over $219 million to more than 140 early-stage enterprises over the last seven years.
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