Investment tech startup Smallcase investment is elevating INR ninety nine Cr in a combination of fairness and preference stocks from a clutch of buyers as part of its Series B round. DSP Asset Management Firm, Sequoia’s SCI Investment V, Milestone Trusteeship Services, BEENEXT and Unitary Funds participated on this round.
Other buyers Relativity Investment Advisors’ Nakul Zaveri, Universal…
ClanConnect.ai, a platform that connects influencers to brands, has raised Rs five crore from investors led through Venture Catalysts along side a clutch of angels inclusive of Samrath Bedi, handling director of Forest Essentials; Sandeep Aggarwal, founder, Droom.in; Aakrit Vaish, co-founding father of Haptik; and Haresh Hingorani, leader innovative officer, Redchillies VFX.
The tech-enabled…
It has partnered with Gurgaon-primarily based 1MG, whose app is now to be had on Flipkart’s Android app. This approach customers can order prescription medicines, book medical doctor consultations and lab checks inside Flipkart.
The e-tailer’s access in e-pharmacy is already seeing opposition. The All India Organisation of Chemists and Druggists (AIOCD), a frame with 8.5 lakh members, has…
Scores of latest Chinese apps have flooded Indian app stores in the previous few months together with numerous rebranded variations of programs banned by the authorities in latest months bringing up danger to national security. For instance, Snack Video, released by Tencent-backed Kuaishou, is just like Kwai, an earlier offering by the Chinese organization that was banned in June.
Snack Video…
US retail Walmart has invested $560 million in Flipkart, as a part of its $1.2 billion spherical introduced in July, regulatory filings made in Singapore show.
Walmart in July had introduced it was leading a $1.2 billion funding in Flipkart at a valuation of $24.nine billion, including that the funding might be made in tranches over the the rest of the monetary yr.
In a conference call post…
Agriculture finance startup Samunnati raises $20 million in debt from the United States International Development Finance Corporation (DFC) to enlarge its lending activities withinside the 2nd 1/2 of of the continued economic year.
The newly raised capital will assist the organization to enlarge its financing and technical help to low-earnings farmers and firms all through the agricultural value…
Pichai’s tone toward employees was more extreme than that of the company’s public-facing statements.
Alphabet and Google CEO Sundar Pichai despatched a stern caution to all employees Friday, pointing them to a new agreement among the company and shareholders who alleged it did not reply correctly to claims of sexual misconduct and harassment.
The agreement consists of a $310 million commitment to fund a council to oversee diversity and equality issues, in addition to sweeping modifications to…
B2B e-commerce targeted on electronics, kirana and style verticals has been collecting significant interest for the past 3 years. After Udaan, Flipkart and Amazon are ramping up their bets withinside the segment. While Amazon provides substances to 20,000 kirana stores, Flipkart these days delivered Flipkart Wholesale, its purchasing platform for mother and pop stores.
Launched in the final week…
Online kids’ style brand Hopscotch has raised $25 million in what seems to be Series D spherical from Facebook co-founder Eduardo Saverin’s funding arm EE Capital, Lionrock Capital, Rise Capital, RPG Ventures and IIFL Seed Ventures Fund.
The Mumbai and New York-primarily based startup had last raised $13 million in Series C spherical led through Eduardo Saverin in February 2016.
According to…
Subscription-primarily based video-on-call for streaming platform Disney+Hotstar has been ruling Google Play Store’s chart considering that Indian Premier League 2020 started on September 19, records from intelligence platform Sensor Tower suggests.
Disney+Hotstar was main the Play Store’s pinnacle chart among September 19 to September 25 with the app recording a surge in downloads while the…
