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Article on June 30, 2021

Hospitality, The Ekostay Way

"For an industry that contributes to nearly 10% of the GDP, we were truly hoping for some major change in government policies pertaining to the hospitality/travel sector factoring in the 6 months rigorous lockdown that led to major cutbacks and laying off employees as well as properties."

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Travel Industry Post-Pandemic Trends

The themes emerging out of this is technology been used extensively to make traveler feel safe as much as possible and in areas which were never thought of before.

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Quadria Capital Acquires Stake In Leading Encube Ethicals

The partnership with Quadria will enable Encube to execute a robust expansion and growth strategy to establish itself as an integrated global leader in topical drugs globally.

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TABLT Announces Securing Funding Of $3 Million From Siti Cable

The capital will majorly be used by the brand for boosting its business development activities, driving its growth plans, and upscaling its marketing strategies so as to have a competitive edge and maintain its leading position in the market.

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Chargeup Raises Pre-Series A Fund Raise Led By Mapmyindia

The funding will be used as an investment in marketing for customer acquisition and building the tech stack. Chargeup has adopted an advanced technology-driven approach to offer Battery as a Service (BaaS) solutions to e-rickshaw drivers

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Xebia Acquires Oblivion To Strengthen Its Cloud Capabilities

This acquisition will enable Oblivion to build new capabilities in ‘Cloud’, invest in Research and Development, expand in new geographies like North America, Middle East and Asia across verticals such as BFS, Retail & CPG, TTH etc

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Detect Technologies Raises $12mn From Accel, Elevation Capital, Others

Part of the funds will also be deployed for R&D and product innovation to strengthen Detect's lead in industrial AI and the Internet of Things.

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Intervue Secures Seed Funding From Titan Capital, Kunal Shah And 2AM VC.

Intervue was founded in 2021 during the pandemic by Rahul Arora & Pushpender Singh Rautela to solve the problem of interviews in an organization

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Fourth Partner Energy Raises USD 125 Mn

Investec Capital Services India, Shardul Amarchand Mangaldas & Co and Dua & Associates were advisors to Fourth Partner Energy and TPG for this transaction, while Avendus Capital and Cyril Amarchand Mangaldas advised Norfund for the same.

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Deep-Tech Startups Building Globally Innovative

In an interview with BW Businessworld, Shyam Menon is Partner and Co-Founder of Bharat Innovation Fund and Chief Growth Officer at CIIE.CO. highlights his thoughts on deep-tech startups in India, entrepreneurial ecosystem, global-bound ventures, Indian startup ecosystem, and more. Excerpts:

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