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Article on May 17, 2021

Union Bank Of India To Raise Rs 1,750 Cr Through QIP

Union Bank of India scrip closed 1.5 per cent up at Rs 37.95 apiece on BSE.

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Moglix Becomes Latest Startup To Join Unicorn Club After $120 Million Fund Raise

Moglix is India's biggest and quickest developing B2B business stage in the mechanical and MRO (support, fix and activities) acquirement space with a reasonable first-mover advantage.

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#DISRUPTEXCLUSIVE: Delhi Based Beanly Coffee Launches Draft Coffee Cans - India's First Nitro-Coffee Beverages.

We have had tea bags for so long, and it was a no-brainer why we don’t have something like this for coffee. The focus was on freshly brewed coffee where it should taste the way it should and not like a filtered coffee with chemicals in it.

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Pickrr Gears Up To Fast-Track Ecommerce Operations In India With Its Smart Warehousing Solution Pickrr Plus

Targeting both businesses selling in large volumes as well as those selling in smaller volumes, Pickrr Plus offers its warehouse/fulfillment services in a Pay-per-use model to help them reduce their fixed logistics/warehousing costs.

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Northern Arc Capital Syndicates €10 Million Debt Facility From BANK IM BISTUM ESSEN Eg (BIB) To Fusion Microfinance

The transaction facilitated by Northern Arc Capital, a leading digital debt platform that addresses the credit requirements of the underbanked in India, took over a year to culminate with the global health crisis throwing up multiple challenges.” added Markus

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Sochcast Acquires PNG Podcast Network To Expand Its Original Content Library

This comes as a strategic move by Sochcast towards building an extensive library of original sochcasts to be distributed through its full-stack audio suite that enables creators to listen, create, publish and monetize their content via a single window.

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Fintech Startup BankSathi Raises $200K Seed Round From Angel Investors

BankSathi startup aims at promoting the role of financial advisors in right and impeccable decision making while buying retail Loans, Credit card and Insurance products, through their BankSathi Advisors App.

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Delhi-based Rage Coffee Expands Its Products Range; Launches Cold Brew Bags & Ground Coffee

While the brand’s Cold Brew Bags is available in 5 different flavors, Rage’s Ground Coffee is available in various grind sizes including South Indian Filter Press, French Press, Moka Pot, Pour Over, Aeropress, Drip Machine, and Home Stainer. The brand is also offering its grinds in 4 blends namely Rise Blend, Vita Blend, Soul Blend, and OG Blend.

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#DISRUPTEXCLUSIVE: What is Rishi Vasudev’s Next Move?

On the condition of anonymity, sources tell BWBusinessworld that Vasudev has raised $20million for his next move. His next business is speculated to be in the lifestyle sector backed by leading investors like Tiger Global, Mayfield, and his former company Flipkart.

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Full-stack E-commerce Enablement Startup ANS Commerce Acquires a software development firm Asterro

While the acquisition amount remains undisclosed as of now, ANS Commerce aims to leverage the synergy between the two companies and work towards a larger goal.

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