SIG, early-stage tech investor RTP Global, including MDI Ventures led MPL’s $90 million Series C financing round, with participation from present investors Sequoia India, Go-Ventures, and Base Partners. Times Internet and Salman Khan both are also early investors in MPL. The new funding brings MPL’s to-date boost to $130.5 million. It was valued between $375 million to $400 million pre-money…
Pakistani female fitness startup AimFit has raised $1 million in a seed spherical led through Indus Valley Capital, a Pakistan-centered VC fund commenced by LinkedIn’s former VP Growth Aatif Awan. The spherical consists of participation of an unnamed unicorn founder, the founding group of direct-to-consumer shoe startup Atoms, and a few other angel investors. According to our data, it is one of…
There has been a 126 per cent soar in the range of jobs created by DPIIT-known startups from April last 12 months under the Startup India marketing campaign released by Prime Minister Narendra Modi in January 2016, in keeping with the latest authorities data. From 1,87,004 jobs said by 16,105 startups.
As, tweeted through former DPIIT Secretary Ramesh Abhishek in June closing 12 months, the…
Open cell panels, a key element used in the production of tv sets, will appeal to 5% import duty from 1 October, with the authorities announcing that a duty exemption expiring at the cease of this month will not be extended – to reinforce domestic production.
As component of ‘Atmanirbhar Bharat’ the authorities is keen to enlarge domestic production capacity for open cell panels in order…
As many as 8.1 million concurrent viewers logged on to legitimate broadcaster Star India’s video streaming platform Disney + Hotstar to watch the primary match of Indian Premier League (IPL), 2020, on Saturday, as in step with LetsOTT, a Malaysian-based virtual media company. The numbers are massive as the match was at the back of a paywall, stated media buyers.
MS Dhoni-led Chennai Super…
The Drug Controller General of India (DCGI) on Saturday gave acclaim for the commercial release of India’s first Clustered Regularly Interspaced Short Palindromic Repeats (CRISPR) coronavirus test ‘Feluda’, evolved through the Tata Group and CSIR-IGIB (Institute of Genomics and Integrative Biology).
“This test uses an indigenously developed, cutting-edge CRISPR technology for detection of…
The Federal Government making plans to offer financial help for 1.7 million within the next 3 months
This disclosure was made through the Minister of State for industry, Trade and Investment, Ambassador Mariam Katagum, at the digital commissioning of the Fashion Cluster Shared Facility for Micro, Small, and Medium Enterprises (MSMEs) tagged, Eko Fashion Hub, in Lagos.
Katagum disclosed that the initiative is borne out of the Federal Government’s persisted dedication to assisting cushion the…
Imagine Impact, the content accelerator and on-line market founded by Brian Grazer and Ron Howard and run through Tyler Mitchell, has closed a Series A financing spherical led through Benchmark.
The Silicon Valley venture capital company has invested in startups like Uber, eBay, Stitch Fix, Snap and lots of more. Longtime Benchmark accomplice Bill Gurley spearheaded the Impact deal and could be a…
Information technology (IT) organization Wipro Ltd is keen to associate startups in India to power innovation and virtual transformation for its clients, chairman Rishad Premji stated on Friday.
“What startups can do for India today is what IT service companies did for the last 20 years in terms of brand building, employment, and wealth creation. Companies like us are going to work with the…
Observe.AI, an artificial intelligence-based startup raises $54 million in a Series B funding round.
California-based Menlo Ventures led the spherical, Observe.AI stated in a statement. Menlo Ventures gives investment for seed-, early- and growth-stage companies. Its companion Steve Sloane will be a part of the board of Observe.AI.
The Series B fundraise takes the overall capital the startup has raised within a yr to $80 million. In December, Observe.AI had raised $26 million in a Series A…
