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Former ChrysCapital MD floats food startup

Consumer

05 April, 2023

Former ChrysCapital MD floats food startup

Senior investment professional Ashish Agrawal has quit private equity firm ChrysCapital and has taken the leap into entrepreneurship by floating ......

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Check out India's top cash-guzzling startups

TMT

04 April, 2023

Check out India's top cash-guzzling startups

India’s top technology startups spent billions of dollars raised from alternative investment firms in the year through March 2022 in ......

Early-stage startups Spendflo, Dozee, others raise funding

TMT

04 April, 2023

Early-stage startups Spendflo, Dozee, others raise funding

Software-as-a-service (SaaS) startup Spendflo, health monitoring platform Dozee,solar infrastructure company Prozeal Infra, apparel sourcing and manufacturing startup Zyod, API development ......

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Acquisition by Physicswallah will help us accelerate growth: Knowledge Planet co-founder

TMT

03 April, 2023

Acquisition by Physicswallah will help us accelerate growth: Knowledge Planet co-founder

UAE-based test prep startup Knowledge Planet was recently acquired by Indian unicorn Physicswallah, which aims to expand into the Middle ......

Cloud-based firm CometChat raises $5 mn; Sequoia's Surge, others back Metastable Materials

TMT

03 April, 2023

Cloud-based firm CometChat raises $5 mn; Sequoia's Surge, others back Metastable Materials

Cloud-based communication platform CometChat and deeptech startup Metastable Materials have secured early-stage funding, the companies said on Monday. CometChat Mumbai and Denver-based ......

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VC-backed fintechs' credit card play gets second shocker as key issuer pulls the plug

Finance

03 April, 2023

VC-backed fintechs' credit card play gets second shocker as key issuer pulls the plug

SBM Bank India, the wholly-owned subsidiary of foreign lender State Bank of Mauritius (SBM), has blocked the corporate credit cards ......

Rabo, others back Avanti Finance with $24 mn cheque

Finance

03 April, 2023

Rabo, others back Avanti Finance with $24 mn cheque

Technology-led non-bank finance company (NBFC) Avanti Finance raised $24 million (about ₹197 crore) in funding from Rabo Partnerships, a wholly-owned ......

Oyo slashes issue size as it refiles for IPO

Finance

03 April, 2023

Oyo slashes issue size as it refiles for IPO

Softbank-backed hotel aggregator Oyo has submitted a confidential "pre-filing" document for a likely slimmed-down initial public offering, a source told ......

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Two investors knock down Byju's valuation to less than half

TMT

31 March, 2023

Two investors knock down Byju's valuation to less than half

At least two investors of edtech major Byju’s have significantly marked down the value of their stake in the company, ......

Gulf startups Vuz, Telfaz11, Madark raise funding

TMT

31 March, 2023

Gulf startups Vuz, Telfaz11, Madark raise funding

Startup funding activity in the Middle East entered slow lane in the last week of March following an action-packed first ......