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GoMechanic has raised $42M from Tiger Global, Sequoia, and others

Spare parts and multi-brand vehicle workshop GoMechanic has brought $42 million up in Series C subsidizing round drove by Tiger Global Management, with Sequoia Capital India, Orios Venture Partners and Chiratae Ventures partaking in the round. GoMechanic, which is controlled by Targetone Innovations Pvt Ltd, will utilize the fourth round of financing for extension in Tier II and Tier III urban…
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Grinntech an EV battery startup closed bridge round of $2M

Grinntech, a startup spend significant time in lithium-particle batteries for electric vehicles (EVs) and energy stockpiling frameworks, on Wednesday reported it’s anything but a scaffold round of around $2 million, where every one of the current financial backers have completely bought in to the offer. Established in 2013 by Nikhilesh Mishra and Puneet Jain, the IIT-Madras hatched startup is at…
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Pathfndr.io startup has raised pre-Series A round drove by Arali Ventures

Bengaluru-based MeTripping Technologies Pvt Ltd, which works under the name Pathfndr.io, has raised a pre-Series A financing of an undisclosed sum. The round was driven by Arali Ventures, with cooperation from SEA Fund, Wayfare Ventures, KPB Family Trust (family office of KP Balaraj, Co-organizer of WestBridge Capital and Sequoia Capital India), Acsys Investments, and Capital A (Family office of…
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G2 has raised $157M for its product survey administration

Today G2, an organization that gives an online programming audit and data set, reported that it’s anything but a $157 million Series D. Per a delivery the organization imparted to TechCrunch ahead of its news, G2 is presently worth more than $1 billion, making it a unicorn in current speech. Permira drove the round through its development store, while earlier investment firms IVP, Emergence, and…
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Bitcoin dips under $30,000 for first time in quite a while. Check most recent crypto rates

Bitcoin fell beneath $30,000 without precedent for almost five months as China’s most recent crackdown on cryptocurrencies gauged. The world’s largest cryptocurrency tumbled to $29,614, its most reduced since January 27. According to Coindesk information, the world’s largest cryptocurrency plunged more than 8% to exchange at $29,719. Ether, the second-greatest crypto money, was additionally…
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Crypto account startup Amber Group has raised $100M at $1B valuation

More standard funding firms are getting on board with the crypto fad as financial backers progressively consider bitcoin an investable resource, notwithstanding the new gigantic value drops of a couple of significant cryptocurrencies. Golden Group, a Hong Kong-based cryptocurrency exchanging startup, said on Monday it has brought $100 million up in a Series B subsidizing round at a pre-cash…
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Tiger Global led Series A round of $26 Mn in Kutumb

Tiger Global has driven a $26 million round in Bharat-focused social local area empowering agent Kutumb, making it one of the largest Series A rounds for any Indian startup. The leading body of Kutumb has endorsed the portion of 2,919 Series An inclination shares at an issue cost of Rs 657,140.76 per share to raise Rs 192 crore or $26 million, administrative filings show. Tiger Global has invested…
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From two new investors Maitri Edtech and IIFL, Byju’s has mopped up $50 Mn

Byju’s appears always to be in a fundraising mode. In the wake of wiping up more than $340 million last week from a grip of investors, the organization has now raised another $50 million from two new investors – India Infoline Finance Limited and Maitri Edtech. Byju’s has designated 12,750 Series F inclination shares at an issue cost of Rs 2,85,071.62 each to raise Rs 363.5 crore or $50…
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Gold loan finance organization Muthoot Finance Ltd (MFIN) on Wednesday revealed a 22% bounce in standalone profit

Gold loan finance organization Muthoot Finance Ltd (MFIN) on Wednesday revealed a 22 percent bounce in standalone profit after charge at Rs 996 crore for the three months to March 2021. The organization had posted a standalone profit after expense of Rs 815 crore in the year-prior period. For the entire year, the standalone net profit rose by 23% to Rs 3,722 crore as against Rs 3,018 crore in…
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Jaiprakash Associates in net profit has posted 86.2% drop to Rs 424.41 crore

Jaiprakash Associates Ltd (JAL) on Monday detailed a decrease of 86.2 percent in its consolidated net profit to Rs 424.41 crore for the final quarter finished March 31, 2021. The organization had posted a net profit of Rs 3,068.10 crore in the January-March quarter a year prior, JAL said in a BSE recording. Nonetheless, its income from operations was up 34.18 percent at Rs 2,517.20 crore during…
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