Article on May 24, 2021
Zeta Joins Unicorn Hub With $250 Million Softbank-Led Funding
The venture gives the Bengaluru-based fintech startup a valuation of $1.45 billion, almost multiple times its past valuation of $300 million from its Series C round in 2019.
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Spinny Collaborates With 1MG Labs For Providing On-the-spot RT-PCR Test
Under the partnership, Spinny will provide delivery trucks, used to deliver cars to its customers, to 1MG Labs to conduct speedy on-the-spot drive-through collections in some sectors of Gurgaon and at select locations in Delhi and Bengaluru, the release said.
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Tekie raises USD 1.5 mn from GSV, Multiply Ventures, Better Capital
Better Capital has also participated in the round, the Bengaluru-based startup- said in a statement adding that the funds raised will be utilised to scale operations and expand the team.
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Bijak Launches Logistics Services For Agri Commodities In Maha, UP, Mumbai
The agri-traders of these states can avail of this service directly through the Bijak application for interstate and Intrastate trading, the company said in a statement.
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Alphaniti to make foray into multiple digital businesses
Alphaniti's flagship product is a data-driven, rule-based and technology-enabled platform, which allows Indian investors to directly invest in Indian and the US markets and choose from a wide range of offerings covering equity, ETFs and mutual funds.
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Litigation Financier LegalPay Raises Funds Led By Accelerator VC
With the pandemic adversely impacting business, litigation cases are on the rise. Taking this in regard, the company plans to deploy Rs 100 crore in the next two years on cases that are in their late stage.
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Jubilant FoodWorks Limited Introduces Vaccination Drive For employees
The largest foodservice company in India has begun a country-wide vaccination drive covering over 30,000 employees and their families under its COVID care initiative. The drive started in partnership with Fortis Healthcare, Apollo, and Max Hospitals in Delhi /NCR.
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Glamplus SaaS Startup Raises Rs 2Cr In Pre-Series-A Round
The funds will also be utilized in scaling to 3000 partners in the next 6 months along with vertical expansion of the business line.
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Credit And Payment Startup Slice Raised INR 165 Crore In Debt
Catering to India’s youth, slice has over 300,000 members & 900,000 on waitlist today, 70% of them being young working professionals.
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Sebi Doubles Overseas Investment Limit Of AIF, VCF To USD 1,500 Mn
This move would allow greater Indian participation in global companies and would accelerate the growth of the Indian AIF industry overall, said 3one4 Capital founding partner Siddarth Pai.
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