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Article on June 24, 2022

Netflix Lays Off Hundreds Of Employees In Second Round Of Job Cuts

The move mostly affected its U.S. workforce and came after the company cut 150 jobs last month

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Ecommerce Giant Amazon Invests Rs 375 Cr In Its Indian Logistics Arm

Amazon India at the moment has 1.1 million sellers on its platform. Its complete consumer base is greater than 100 million.

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MSMEs: Strong Pillars Of Indian Economy

"MSMEs are the backbone of the Indian economy as they contribute 30 per cent of the total GDP of the Indian economy"

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Tata-Backed BlueStone Expands Its Retail Footprint In Mumbai

The company has seen an interesting cross-channel behaviour where a typical user browses their website for at least 2-3 weeks before visiting a store

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TIFIN Strengthens Its Tech Team, Onboards ​​New VP Engineering

Driven by an ecosystem of leaders in finance and investments, TIFIN recently announced its valuation at $842M in a new $109M Series-D round

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Annapurna Finance Raises $15 Mn From Proparco In Series A2

Annapurna, founded in 2009 by Gobinda Chandra Pattanaik and Dibyajyoti Pattanaik, has crossed the INR 6,500 crore AUM milestone

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Spiritual Lifestyle App Paavan Raises $500K From Waterbridge Ventures, Others

BharatFirst said that it will use the funds raised to further enhance the product, create exclusive content IPs and hire talent across functions and verticals

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Fundamental VC Launches $130 Mn Maiden Fund For India's Early-Stage Startups

From a strategic support standpoint, Fundamental VC has exclusive partnerships with several industry stalwarts to facilitate better GTM, user acquisition, product distribution, hiring, and growth strategy for its portfolio startups

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