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L&T Technology Services Awarded USD 100 Million Plus Electric Air Mobility Program from Jaunt Air Mobility

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L&T Technology Services Limited (BSE: 540115, NSE: LTTS), a global leading pure-play engineering services company, has garnered a multi-year $100 million+ electric air mobility deal from Jaunt Air Mobility (Jaunt). As part of the contract, LTTS will open an Engineering and R&D Centre in Québec Province for the next-gen electric aircraft manufacturer to provide engineering services … Read more

Mendel Raises $40 Million Series B Round

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Mendel, the leading clinical artificial intelligence and natural language processing platform, today announced it has raised $40 million in Series B funding round led by Oak HC/FT. The round includes participation from existing investor DCM, who led Mendel’s Series A funding round in June 2021. This funding comes amidst surging customer demand for Mendel’s AI infrastructure. The fresh … Read more

KuCoin announces $100M fund for early-stage NFT creators

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KuCoin, a cryptocurrency trading platform based in the Seychelles, has established a $100 million “Inventors Fund” intended towards early-stage NFT creators. This fund will be a complement to their recently announced NFT marketplace in conjunction with Windvane. KuCoin, which was founded in 2017, claims to have surpassed 10 million registered users by the end of … Read more

Emirates to launch NFTs and experiences in the metaverse

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Emirates, a leading airline, has revealed intentions to offer NFTs and novel metaverse experiences for its customers and staff in the near future. This week, the airline announced intentions to create signature brand experiences in the metaverse, as well as collectible and utility-based NFTs. The initial initiatives are currently in the works, with a debut … Read more

Cold chain startup Celcius raises $4.5 million in bridge funding

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Celcius, a cold chain marketplace, has raised $4.5 million in pre-Series A funding from Mumbai Angels, Supply Chain Labs, Endurance Capital, VCats, Keiretsu Forum, Huddle, EVAN, and other investors. Celcius, situated in Mumbai, was founded in November 2020 by Swarup Bose, Arbind Jain, and Rajneesh Raman. It is India’s first cold chain marketplace. It provides … Read more

Cricket NFTs platform Rario raises $120 million in Series A Funding

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Rario, creators of a cricket NFT platform, today announced a $120 Million Series A funding round led by Dream Capital, the Corporate Venture Capital and M&A arm of Dream Sports. Rario currently has the largest share of cricket NFT rights globally through exclusive partnerships with 6 international cricket leagues and a roster of 900+ cricketers. … Read more

ITC to invest in D2C Community-Commerce Brand Mylo

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ITC intends to purchase a 10% share in Blupin Technologies Private Limited, the firm behind the Mylo brand. Mylo is a full stack community eco-system focusing on the parenting journey of young families, which was founded in 2017. Mylo provides a diverse and relevant selection of material, health tools, chats, and community sharing features to … Read more

“Fresh” Personal care D2C brand, Nat Habit raises $4 Million led by Fireside ventures

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Nat Habit, a personal care brand which uses FRESH natural, preservative & chemical free products, raised $4 Million in Series A funding. This round was led by consumer-brands-focused Fireside Ventures, along with participation from existing investors. The round also provided exits to some of the early angel investors. The new round will be used to accelerate growth, … Read more

Financepeer raises $31 mn in Series B funding

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Financepeer, an edu-fintech business, has raised $31 million in a Series B fundraising round led by QED Investors of the United States and Aavishkaar Capital of Mumbai. Ardent Ventures, a US-based edu-tech investor, as well as DMI Sparkle Fund, DMI, 9Unicorn, LC Nueva AIF, and Maxar VC, participated in this round. Financepeer, founded in 2017 … Read more

Vayana Network Raises $15 Million In Series C Funding From PayU & IFC Invest

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Vayana Network Services Pvt Ltd, a digital trade financing network, has raised $15 million (Rs 114 crore) in Series C funding from the International Finance Corporation (IFC) and PayU. The Pune-based firm intends to use the additional funds to develop MSME-focused solutions. Vayana Network is a B2B trade financial intermediary that connects SMEs and corporates … Read more

VideoVerse, Previously Known As Toch AI, Expands Globally Raising $46.8M In Series B Funding

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VideoVerse – a video-editing SAAS platform formerly known as Toch.ai – announced today that it has secured $46.8 million in Series B funding led by A91 Partners, Alpha Wave Global and Binny Bansal, who is former co-founder of Flipkart and a current investor in the company. Other investors include Innoven Capital, Pacific Western Bank and Stride … Read more

Mutiny Raises $50M Series B Funding

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Mutiny today announced a $50 million Series B funding round co-led by Tiger Global and Insight Partners with participation from prior investors Sequoia Capital, Cowboy Ventures, and Uncork Capital. The round also includes current and former CMOs from world-class companies like Uber, Visa, Salesforce, Square, Figma, Condé Nast, Carta, Snowflake, and Atlassian, who see in Mutiny a new … Read more

Healthcare startup Loop secures $25 million in Series B funding round

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Loop, a healthcare and insurance business, has received a $25 million Series B round of funding. General Catalyst and Elevation Capital (previously Saif Partners) co-led the round, which also included Vinod Khosla & Khosla Ventures, Sierra Ventures, and a new investor, Optum Ventures. “GC and Elevation are likely to co-lead a new round worth about … Read more

upGrad Vietnam Launches Bilingual Courses and Local Partnerships to Spearhead Country Growth

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upGrad, Asia’s higher EdTech major with a strong presence across the APAC doubles down on the Vietnam region to address the strong local demand for digital-first education, as the country heads towards Industry 4.0. The Edtech major has recently appointed Ex-OYO Dushyant Dwibedy as the Vietnam Country Head with a mandate to build a strong … Read more

Indiabulls Real Estate Raises ₹8.65 billion (US$114 million) at ₹101.10 per Equity Share through Qualified Institutional Placement

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Indiabulls Real Estate Limited (NSE: IBREALEST) (BSE: 532832), announced that it has successfully completed a capital raise of ₹8.65 billion (US$ 114 million) at ₹101.10 per equity share through Qualified Institutional Placement. Trading of these shares will commence today  i.e.  April 18, 2022, on NSE and BSE. The fund-raising committee of the Board of Directors of … Read more

Experify Raises $4M Seed Round to Create Experiential Reviews as a Service Platform

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Experify, the first platform to enable a truly authentic product review experience by connecting prospective buyers with purchasers, closed a $4M seed round led by Vertex Ventures US, with the participation of Sonae Investment Management and the Berkeley SkyDeck Fund. In recent years, the rise of disingenuous influencers, hidden advertisements, and unverified purchasers have greatly … Read more

One More Game Raises $22 Million Series A Round Led by Lightspeed Venture Partners and Others

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One More Game, a new game studio built by veteran developers behind Warcraft, StarCraft, Diablo, and Guild Wars, today announced that it closed a $22 million Series A funding round led by Lightspeed Venture Partners. The investment will further empower the team in its mission to help players have more fun, beginning with its first title: Spellcraft, an online competitive strategy game … Read more

Coimbatore-based agri startup VilFresh raises Rs 1.15 cr from Native Angels

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Native Angels, a Tier II and III region-focused angel investor network, led a Rs 1.15 crore angel fundraising round for Coimbatore-based agro firm Laymen Agro Ventures, which operates under the VilFresh brand. Upaya Social Ventures and Sangam Ventures also took part in the round. The business hopes to use the funds to expand to five … Read more

EV Startup Prakriti Secures Series A Funding From IEG

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Prakriti E-Mobility, an electric mobility startup, has received an undisclosed amount of lead investment from IEG Investment Banking Group as part of its pre-Series A funding round. The money will be used to grow the company’s electric vehicle (EV) fleet and install more charging stations across the country. It will also utilise the funds to … Read more

CoinDCX Secures $135 Million, Valuation Doubles To $2.15 Billion

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CoinDCX, India’s most valuable crypto trading platform, has secured $135.9 million (about Rs 1,000 crore) from investors led by Pantera Capital and Steadview Capital, more than doubling its valuation to $2.15 billion in less than a year. The money comes as cryptocurrency exchanges in India are subjected to new taxation restrictions. Due to limited access … Read more