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Blinkit's quarterly contribution margin turns positive for 1st time: Zomato CEO

Blinkit's quarterly contribution margin turns positive for 1st time: Zomato CEO

Sat, Nov 04, 2023

Zomato CEO Deepinder Goyal said that Blinkit is seeing good product market fit and is growing well in each of the cities that it is present in currently.

Casual puzzle gaming studio QuriousBit, home decor brand DecorTwist, cybersecurity firm Zeron raise funding

Thu, Sep 28, 2023

Casual puzzle gaming studio QuriousBit aims to utilise the funds from this seed round to build innovative games and curate a team for the casual mobile gaming studio.

Enkash expects business to grow by 36% to Rs 250 crore this fiscal

Enkash expects business to grow by 36% to Rs 250 crore this fiscal

Mon, Aug 07, 2023

Fintech firm Enkash expects its business to grow by 36 per cent to USD 30 million, about Rs 250 crore, in this fiscal on account of digitisation in small and medium business in the accounting segment, a senior official of the company said.

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Sidbi, Google tie-up to support MSMEs

Sidbi, Google tie-up to support MSMEs

Thu, Nov 18, 2021

Sidbi on Thursday said it has entered into a partnership with Google India Pvt Ltd (GIPL) for piloting a social impact lending programme with financial assistance up to Rs 1 crore at competitive interest rates to MSMEs

Government to organise conclave to promote entrepreneurship in North East region on Thursday

Government to organise conclave to promote entrepreneurship in North East region on Thursday

Wed, Nov 17, 2021

The MSME Ministry will organise a conclave here on Thursday to promote entrepreneurship in the North-East region. The conclave will be chaired by Union Minister Narayan Rane and Assam Chief Minister Himanta Biswa Sarma

GoKwik raises Rs 112 crore funding from Sequoia Capital India, others

GoKwik raises Rs 112 crore funding from Sequoia Capital India, others

Wed, Nov 17, 2021

E-commerce enablement company GoKwik on Wednesday said it has raised Rs 112 crore (about USD 15 million) in funding, led by Sequoia Capital India.

Fintech startup SalaryBox raises USD 4 million funding from Y-Combinator, others

Fintech startup SalaryBox raises USD 4 million funding from Y-Combinator, others

Wed, Nov 17, 2021

Fintech startup SalaryBox on Wednesday said it has raised USD 4 million (about Rs 29.7 crore) in funding from Y-Combinator, Jerry Yang's AME Cloud Ventures, Soma Capital, 2AM Ventures and others.

Wingreens raises Rs 124 cr from Investcorp, Omidyar

Wingreens raises Rs 124 cr from Investcorp, Omidyar

Mon, Nov 15, 2021

Packaged food company Wingreens Farms on Monday said it has raised Rs 124 crore in a round led by alternate investments focused Investcorp and impact investor Omidyar Network India.

IPV expects to invest in 10-12 more startups in December quarter

IPV expects to invest in 10-12 more startups in December quarter

Sun, Nov 14, 2021

Angel investment platform Inflection Point Ventures (IPV) is looking to invest in up to a dozen startups this quarter, closing the calendar year with fund infusion in over 50 startup ventures, according to its co-founder Ankur Mittal

Capital A invests Rs 186 cr in B2B logistics-Tech startup RoaDo

Capital A invests Rs 186 cr in B2B logistics-Tech startup RoaDo

Thu, Nov 11, 2021

Capital A has invested in Bengaluru-based B2B logistics-Tech startup RoaDo, its maiden investment from its proprietary corpus of USD 25 million (about Rs 186.2 crore).

Propelld plans to add 120 employees by FY22

Propelld plans to add 120 employees by FY22

Wed, Nov 10, 2021

Education financing platform Propelld on Wednesday said it is planning to recruit 120 professionals across verticals by the end of FY22.

Battery Smart raises USD 7 mn in pre-Series A funding round

Battery Smart raises USD 7 mn in pre-Series A funding round

Tue, Nov 09, 2021

Battery Smart has raised USD 7 million (around Rs 52 crore) in a pre-Series A round from a clutch of investors of Blume Ventures and Orios Ventures.

Grocery delivery app Zepto raises USD 60 million in maiden round

Grocery delivery app Zepto raises USD 60 million in maiden round

Mon, Nov 01, 2021

"We have raised USD 60 million in an early-stage funding round from institutional investors like Glade Brook, Nexus, Lachy Groom, Y Combinator and Global Founders Capital and individual investors including Neeraj Arora, Manik Gupta and a few others," the founders of the city-based startup said.

Truecaller partners with Indian Railways

Truecaller partners with Indian Railways

Thu, Oct 28, 2021

Caller identification app Truecaller on Thursday said it has partnered with Indian Railways to provide passengers with greater trust in communication, wherein people will see a green verified business badge logo while making calls to the 139 Helpline.

Startup hBits to buy Rs 18 cr office asset in Mumbai for offering to investors; raises angel funding

Startup hBits to buy Rs 18 cr office asset in Mumbai for offering to investors; raises angel funding

Wed, Oct 27, 2021

In a statement, hBits said it has launched a commercial property worth Rs 18 crore for investors. The company has acquired two floors in the asset and will raise the investments from the investors

Samara Capital, others form Marengo Asia Healthcare

Samara Capital, others form Marengo Asia Healthcare

Wed, Oct 27, 2021

Samara Capital, along with Havells Family Investment Office and Godrej Family Investment Office, have come together to form Marengo Asia Healthcare, a platform to operate multispecialty hospitals.

Instoried raises USD 8 million from Pritt Investment Partners and 9Unicorns

Instoried raises USD 8 million from Pritt Investment Partners and 9Unicorns

Wed, Oct 27, 2021

The funds will be used to further strengthen tech stack, enter newer geographies and expand the team and operations.

Sanjay Dhavalikar, A Seasoned Professional Managing Complex Operations In Banking, Insurance And Financial Services

Sanjay Dhavalikar, A Seasoned Professional Managing Complex Operations In Banking, Insurance And Financial Services

Tue, Oct 26, 2021

An Efficient Strategist And Superior Management Professional, Sanjay Dhavalikar is a self-directed and action-oriented professional with fundamental abilities in Strategic Planning And Policy Formulation.

Healofy raises USD 6.5 million in series B funding round

Healofy raises USD 6.5 million in series B funding round

Tue, Oct 26, 2021

Pregnancy, parenting and baby products shopping platform Healofy has raised Rs 48 crore (USD 6.5 million) from Celesta Capital and existing investor, Omidyar Network India, among others, in series B funding round.

E-commerce technology firm NDHGO aims $500 mn gross sales value by 2022-end

E-commerce technology firm NDHGO aims $500 mn gross sales value by 2022-end

Sun, Oct 24, 2021

The start-up commenced operation in India in August claims to have onboarded 5,00,000 retailers and business partners on its platform out of which 2,00,000 joined the platform ahead of festive season

Demand pickup, infrastructure creation to grow logistics sector

Demand pickup, infrastructure creation to grow logistics sector

Sat, Oct 23, 2021

A pick-up in demand along with reforms and construction of support infrastructure is expected to grow India`s logistics sector by 10-12 per cent CAGR.

Mumbai Angels invests USD 1.2 million in hospitality platform Bookingjini

Mumbai Angels invests USD 1.2 million in hospitality platform Bookingjini

Thu, Oct 21, 2021

Mumbai Angels Network, the premium start-up investment platform for early-stage venture investments, has invested USD 1.2 million, of the total USD 3.3 million, in hospitality platform Bookingjini in the pre-Series-A round.

Youth apparel startup Beyoung to hire 150+ professionals

Youth apparel startup Beyoung to hire 150+ professionals

Wed, Oct 20, 2021

Beyoung is looking forward to employment opportunities for freshers and experienced people with job positions and training sessions for all.

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