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Article on June 25, 2022

FedEx Makes Strategic Investment In Supply Chain Visibility Startup FourKites

According to the CEO’s blog post, it has also gotten similar financing from Qualcomm Ventures and Zebra Technologies

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Web3 Startup Bitliberte Raises $1.76 Mn To Establish FashionFi Ecosystem

In recent months, luxury brands like Louis Vuitton and Gucci have taken a leap into the Crypto world with their NFT collections. It has given rise to a concept called FashionFi

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Homegrown Drone Startup Garuda Aerospace To Set Up Plant In Malaysia

Garuda Aerospace is in the process of raising USD 30 million and it will close this July, Jayaprakash said

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SaaS Giant Zendesk Being Taken Private In $10.2 Billion Deal

The San Francisco-based software company said shareholders will receive USD 77.50 per share in cash, representing a premium of 33.7 per cent to the stock's last closing price

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Digital Rupee: How Will It Bring A Change?

The idea of a central bank digital cash (CBDC) has went forward movement lately, with a rising number of central banks declaring endeavors to investigate CBDC use plans

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Ola Shuts Down Used Cars And Quick Commerce Business; Plans To Focus On EVs

The company claimed its ride-hailing business is delivering its highest ever GMV month on month along with profitability

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

The fund has already begun allocating capital with intentions to lead investments in pre-seed and seed rounds after receiving clearance from SEBI

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Tech Startup Matter Raises $10 Mn For Scaling E-Mobility, Energy Storage

The investment tranche is backed by Capital 2B Fund 1, Climate Angel Fund, and other investors

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Zomato Acquires Blinkit's Blink Commerce In INR 4,447 Cr In All-Stock Deal

The company already holds 1 equity share and 3,248 preference shares presently in BCPL, the filing said

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Satya MicroCapital Raises $15 Mn Led By Gojo And Company

SATYA plans to use these funds to expand its terrestrial footprints and magnify its diverse product portfolio

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