Article on May 25, 2023
Capri Global Acquires 51% Stake In CarLelo For Rs150cr
This strategic investment, amounting to Rs 150 crore, reinforces Capri Loans' position as a key player in the Indian automotive financing market
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Dream11's Founder Harsh Jain Elected As IAMAI Chairperson
According to media reports, Rajesh Magow, Co-Founder and Group CEO, MakeMyTrip, and Satyan Ganjwani, Vice-Chairman, Times Internet, have been elected as the Vice-Chairman and the Treasurer of the association respectively
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Yudiz Receives SEBI's Approval For IPO
The company said that it will also develop games for other publishers and open its publishing platform to external developers
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Edtech Startup Ulipsu Bags Over $3mn
With the new funds, Ulipsu plans to accelerate its growth and operations by expanding its footprint in domestic and global markets and diversifying its product portfolio with new offerings
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Ola Electric To Go For An IPO In 2024: Report
In addition, the company intends to launch a new electric motorcycle. Ola Electric had previously only operated in the electric scooter industry
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B2B Financial Services Startup XFlow Raises Over $10mn In Pre Series A Round
The fresh funds will be deployed towards expanding the product capabilities to support more currencies and local payment methods as well as growing business in India, it said in a statement
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Data Cloud Company Snowflake Acquires Neeva For Undisclosed Amount
The deal, announced during Snowflake’s quarterly earnings report, is expected to enhance Snowflake’s ability to offer intelligent and conversational search experiences, according to media reports
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Credit Platform Yubi Acquires FinFort
As part of the acquisition, FinFort will join the Yubi group of companies, collaborating with Yubi's subsidiary, Corpository
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Fashion Ecom Platform Myntra Integrates ChatGPT Powered Search Tool
Recently, it launched MyStylist, an artificial intelligence-based stylist expert on its platform that would assist users with styling suggestions and vernacular search in 11 languages.
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Lendingkart Records Net Profit of Rs120cr In FY23
The company said that, co-lending and co-origination software platform 2gthr generated nearly 80 per cent of Lendingkart's loan book (Rs 3,169 crore) in FY23
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