BusinessNews

Inflexor Ventures marks the primary close of its ‘Inflexor Technology Fund’ at Rs 230 Cr

Venture capital and private equity company Inflexor Ventures have marked the primary close of their ‘Inflexor Technology Fund’ through elevating Rs 230 crore. This is a sector-agnostic technology fund that was released early this year. With a goal corpus of Rs 500 crore, which incorporates Rs 200 crore worth green-shoe option, Inflexor is aiming to elevate the amount from domestic and global…
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BusinessNewsStartup

Airtel launches ‘unlimited’ broadband plans beginning at Rs 499, bundles OTT apps, STB

Telecom operator Bharti Airtel on Sunday launched ‘unlimited’ category broadband plans beginning at Rs 499 per month a good way to come bundled with subscription to video amusement apps and high definition set-top box (STB) towards refundable deposit. Bharti Airtel has improved high velocity data usage restrict (fair usage policy) by as much as 23 times in the revised plans to 3,500…
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BusinessNews

Milkbasket progressed its plan to release an initial public offering

Milkbasket has progressed its plan to release an initial public offering, floated through solid development in commercial enterprise lately in the midst of the pandemic, a top company leader stated. Addressing PTI, Milkbasket high supporter and CEO Anant Goel stated the fast appropriation of at-home basic meals item conveyance amongst customers at some point of the pandemic has given a stimulus to…
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BusinessStartup

Legal-tech startup Lawyered to invest Rs.7 crore in pre-series funding

Lawyers and criminal education aggregating platform, Lawyered Friday stated it’s far seeking to elevate Rs. 7 crore in a pre-series investment from investors, days after it concluded an angel funding round. The startup is bringing training advocates, and customers on a technology platform and onboarding criminal college students and connecting them with jobs in regulation firms. Besides, it is…
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BusinessNews

Kenyan MNO Safaricom launches second version of Spark Venture Fund, ups size to $6m

Leading Kenyan mobile network operator (MNO) Safaricom has introduced the second version of its Spark Venture Fund, in order to make investments a total of US$6 million in numerous innovative Kenyan tech startups. Safaricom first released the Spark Venture Fund back in 2014, to make investments and assist late-seed, early growth stage agencies with a presence in Kenya, while leveraging Safaricom…
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BusinessNews

YC-sponsored B2B startup Bikayi raises $2M from Mantis Ventures, others

Hyderabad-based B2B startup Bikayi will use the investment to lease more talent to boost up product development, ramp up the platform, and onboard 1,000,000 new traders. Y Combinator-subsidized B2B startup Bikayi, which gives free WhatsApp-incorporated ecommerce store setup with price gateways and order tracking, has raised a seed spherical of $2 million from a grab of worldwide traders, including…
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BusinessNews

Bezos, Musk: World’s richest humans smashed wealth records this week

It’s been one of the most profitable weeks in records for a number of the world’s wealthiest human beings. The net worth of Amazon.com Inc. founder Jeff Bezos topped the once-unfathomable amount of $2 hundred billion. Entrepreneur, inventor, provocateur Elon Musk introduced the name of centibillionaire while his fortune soared past $100 billion fueled through Tesla Inc.’s ceaseless rally.
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BusinessStartup

IT Ministry launches “Chunauti” mission for next-generation startups

Union Minister for Electronics and Information Technology Ravi Shankar Prasad has launched “Chunauti” – Next Generation Startup Challenge Contest, to similarly improve startups and software products with unique focus on Tier-II cities of India. The authorities has earmarked Rs 95.03 crore over a length of 3 years for this programme. It objectives to identify around 300 startups running in…
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BiographyBusinessNews

PM Jan Dhan scheme completes six years, benefits 40.35 Cr people

Over 40.35 crore people benefited from the Pradhan Mantri Jan Dhan Yojana (PMJDY), which was released six years in the past as a national mission for monetary inclusion, Finance Minister Nirmala Sitharaman stated on August 28 2020. The Jan Dhan Yojana, which become introduced by Prime Minister Narendra Modi in his Independence Day address in 2014, was released on August 28 in the same…
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