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R for Rabbit, a D2C baby products brand, has raised Rs 40 Cr or $5.3 million

R for Rabbit, a D2C baby products brand, has raised Rs 40 Cr or $5.3 million in a new round drove by Xponentia Capital Partners. According to the Ahmedabad-based startup, the assets will be utilized to strengthen its brand, ramp up distribution and operations in the homegrown market, enhance its existing product portfolio and introduce new categories of products. Established by Kunal Popat, R for…
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BusinessNews

B2B automobile spares startup Koovers has raised $1.5 million

B2B automobile spares startup Koovers has raised $1.5 million driven by Inflection Point Ventures (IPV), JPIN-VCats and Venture Catalysts. According to the Delhi-based startup, the assets will be utilized to expand its presence across India, expand its product portfolio, and upgrade its innovation platform. Established in 2016 by Vinayak YB, Sandeep Begur and S Prem Kumar, Koovers centers around…
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BusinessNews

LoveLocal has raised $18 million in its pre-Series B round

Hyperlocal startup LoveLocal (formerly m.Paani) has raised $18 million in its pre-Series B round drove by Vulcan Capital. Flat Capital and Alumni Ventures Group and Commerce Ventures have also joined the new round. Existing backers – Blume Ventures, AC Ventures, HenkelX Ventures, and Chiratae Ventures — also invested, with Candy Ventures significantly increasing its ownership in this…
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BusinessNews

Agritech startup Gramophone has raised $10 million in its Series B round

Agritech startup Gramophone has raised $10 million in its Series B round led by Z3Partners. Existing backers Info Edge, Asha Impact, Siana Capital along with new investors have also participated in the round. The startup had raised $3.4 million led by Siana Capital in December 2020. According to the Indore-based startup, the assets will be used in geographic expansion, marketing, technology…
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BusinessNews

Spottabl, has raised Rs 3.5 crore in its seed round

Spottabl, a SaaS-enabled full-stack hiring platform, has raised Rs 3.5 crore in its seed round. The round saw participation from Paradigm Shift VC, LetsVenture, Binny Bansal and others. According to Spottabl, the assets will be used towards building a scalable self-serve item and start development initiatives for capturing recruiter agency supply. Founded by Vanishri Deshpande, Spottabl is a…
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BusinessNews

E42 has raised $5.4 million in its Series A round led by Pavestone Ventures

E42, a no-code AI platform, has raised $5.4 million in its Series A round led by Pavestone Ventures. Founded in 2012 by Animesh Samuel and Sanjeev Menon, E42 makes process-centric and people-centric automation easier across verticals by driving human-like perception across these processes. The automation is powered by multifunctional cognitive agents or “AI Co-workers”, which enterprises can…
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BusinessNews

Coinbase has acquired deep tech startup Agara

The energy in the cryptocurrency space keeps on developing. Coinbase, the cryptocurrency trade monster from the US, has procured Agara, an AI-fueled help platform with activities in India and the US, said Coinbase on Tuesday. This is the first securing for Coinbase which has been employing individuals in India to extend in the district. “Through this obtaining, we’ll have the option to furnish…
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Wiki

Delhivery has documented its DRHP with SEBI to raise Rs 7,460 crore through IPO

Coordinations and store network administrations organization Delhivery has documented its DRHP with SEBI to raise Rs 7,460 crore through Initial Public Offering (IPO). As per the DRHP, Delhivery Limited’s forthcoming public deal comprises a new issue of Rs 5,000 crore and a proposal for deal (OFS) of Rs 2,460 crore. Delhivery’s backers Carlyle Group will offload shares worth Rs 920 crore…
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BusinessNews

State legislatures have asked a Parliamentary panel for a decentralized data protection authority

State legislatures have asked a Parliamentary panel pondering on the Personal Data Protection Bill for a decentralized data protection authority (DPA) to alleviate worries of a solitary, all-amazing DPA as right now proposed in the bill, individuals mindful of the matter said. The proposition is probably going to be met with firm opposition, albeit barely a ‘kill charge’ idea, thinking about…
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BusinessNews

Zerodha has created new ESOP plan of Rs 100 Cr

Stockbroking app Zerodha is making this Diwali special for its representatives as the company has created a new worker investment opportunities (ESOP) plan. With this, the company joins the rundown of several development stage companies, for example, Paytm, Swiggy and Rivigo among others who have either expanded or created a new ESOPs pool. Zerodha is the largest stockbroking app for retail trades…
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