Article on April 26, 2023
Cloud Kitchen Startup Rebel Foods Bags $9.1 M From Northern Arc, Stride, Others
This funding is expected to aid the company’s expansion plans and improve its operations, ultimately increasing its market share
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HC Seeks Startup Body ADIF's Stand On Google's Appeal Against CCI Probe On Its New Payment Policy
Earlier this month, the ADIF had approached the single-judge with the complaint that the anti-trust regulator had failed to act against its application objecting to Google's new payment policy
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Instamojo Records 150% Y-O-Y Growth, Turns Ebitda Profitable
The company currently offers merchants digital solutions which include online payments, logistics, credit services, free learning platform called mojoversity and more for business to gain visibility
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Bengaluru-based Fintech Niro Secures $11 M In Series A Round
The company raises equity funding from a consortium of investors including Elevar Equity, GMO Venture Partners, Rebright Partners, Mitsui Sumitomo Insurance VC, and others
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Avaada Group Raises $1.07 B From Brookfield Renewable Fund
Global Power Synergy Public Company (GPSC) will further invest USD 68 million in Avaada Energy Private
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Startup HerKey Secures $4 M In Fresh Funding Round
According to HerKey, its services are designed to support companies in building a diverse and inclusive workplace, attracting and retaining top talent. It claims to have over 10,000 companies on its platform
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Nykaa Shares Hit All-time Low At Rs 115
The company’s share price drop is not new. The Nykaa stock has dropped approximately 7 per cent in the last five trading sessions, from Rs 125.5 on April 18 to its present values
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PhonePe To Waive Off ZestMoney's $18 M Loan Against Buying Its Technology Stack: Report
After six months of due diligence raised concerns, PhonePe backed off from acquiring ZestMoney last month. The digital payment major was offering around USD 90 million in cash for the acquisition
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Tiger Global-backed Neobank Jupiter Secures NBFC Licence: Report
With the NBFC license, Jupiter will have more control over its lending operations and will be able to offer credit directly from its own books, as per media reports
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Spacetech Startup InspeCity Raises $1.5 M In Pre Seed Round
The funds will also be used to develop tech stack within the company and attract quality talent to accomplish the mission and vision
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