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HERBOLEA Closes 5M€ Series A Round Led by EU Cannabis Fund OSKARE Capital and Bruce Linton

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Herbolea

Herbolea, an Italian company who develops and licenses proprietary, solventless technologies to transform botanicals into superior quality products, is happy to announce the closing of its 5m EUR Series A round, of which 2.5m EUR conditioned to milestone achievement, led by the European medical and pharmaceutical cannabis specialist fund, Óskare Capital. The funds will be used to accelerate growth, expand the team … Read more

Robocorp appoints Silicon Valley Veteran Dave Dabbah as Chief Marketing Officer

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Robocorp

Robocorp, the world’s leading open-source process automation platform, announced today that it has expanded its executive team with the appointment of Dave Dabbah as its Chief Marketing Officer (CMO). “In addition to his experience building, leading, and scaling marketing teams, Dave brings a bold vision to Robocorp,” said Antti Karjalainen, co-founder and CEO of Robocorp. … Read more

HDFC Bank, Mastercard, USAID and DFC Launch $100 Million Credit Facility for Micro, Small and Medium Enterprises (MSMEs) in India

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Mastercard India

HDFC Bank, Mastercard, U.S. International Development Finance Corporation (DFC), and U.S. Agency for International Development (USAID) today launched a $100 million credit facility to promote and encourage small businesses in India to digitize, while also helping Indian businesses, particularly those that are women-owned, to recover from the economic impacts of the pandemic. COVID-19 has had … Read more

Cryptocurrencies Rising in Value While Becoming More Mainstream Day By Day

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Crypto

Bitcoin stormed above $66,000 for the first time, riding a wave of excitement about how the financial establishment is increasingly accepting the digital currency’s rise. APNews reported that one Bitcoin was valued at $66,096, as of 4:15 p.m. Eastern time, after earlier climbing as high as $66,974.77. The digital currency has roared back after sinking below $30,000 during the summer to top its prior record … Read more

Agritech startup Gramophone raises $10 M

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Gramophone

Gramophone – a full-stack agri-tech platform – on Tuesday announced that it has raised a $10 million round led by Z3Partners, an early growth investor. Founded by IIT and IIM alumnus Tauseef, Nishant Vats Mahatre, and Harshit Gupta, Gramophone started as agronomy led, agri-input commerce company from MP. In the last two years, it has … Read more

AI platform E42 raises $5.4M in Series A round

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e42

Light Information Systems, based in Pune and known for its artificial intelligence-based E42 solutions, announced on Tuesday that it has secured $5.4 million (about Rs 40.4 crore) in a Series A investment led by Pavestone Ventures. Light Information System developed E42, a natural language processing-based AI platform. The platform may be used to build AI … Read more

Infinity Learn acquires edtech startup Teacherr

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Infinity Learn

Teacherr, a Hyderabad-based company, was acquired for an unknown sum by Infinity Learn, an edtech startup that is part of the Sri Chaitanya group. Teacherr, which was founded in 2019, is a digital platform for teachers that allows them to attend professional development events, apply for employment, and share notes and best-case practises, allowing for … Read more

Spottabl raises Rs 3.5Cr led by LetsVenture

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Spottabl

Spottabl, a SaaS-based HR firm, has acquired Rs 3.5 crore in venture funding from a number of investors. Spottabl was formed in 2020 and has been self-funded till this first round. The startup intends to use the funds for product development and business expansion. Vanishri Deshpande, Satheesh KV, and Anupam Choudhari are the founders of … Read more

Edtech startup Masai School raises capital

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Masai

Masai School, an edtech firm in India, has raised an unknown sum of money from 21 angel investors, including CRED Founder Kunal Shah and Paytm Founder Vijay Shekhar Sharma, among others. Some of the key founders and CXOs of firms including as Paytm, CRED, Pine Labs, NoBroker, Delhivery, and Sharechat are among the investors, according … Read more

NFT-focused startup Hyy.pe Raises

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NFT

NFT communities’ social platform On Tuesday, Hyy.pe announced that it had raised $2 million in its newest investment round, which was headed by Elevation Capital. Electric Capital has previously invested $1.5 million in the Bengaluru-based business. The round included angel investors such as Ryan Adams and David Hoffman (Founders of Bankless), Santiago Roel Santos (Ro … Read more

SelfDecode Raises $1MM in Crowdfunded Investment Round

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Self Decode

SelfDecode – an integrated AI platform providing personalized health recommendations based on DNA, labs, and environmental factors – has raised more than $1 million through crowdfunded investments. The ongoing investment round is being run through WeFunder, a leading securities platform that makes angel investing available to average investors, offering opportunities to build a portfolio of … Read more

Nium Launches First Global Platform For Crypto-as-a-Service And Extends its Banking-as-a-Service Solution

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Nium is a leader in global payments and card issuance for businesses.

Nium, a leader in global payments and card issuance for businesses, today launched the fintech industry’s first global Crypto-as-a-Service (CaaS) solution and announced the extension of its Banking-as-a-Service (BaaS) solution to the U.S. Initial API-based elements from the new Crypto-as-a-Service offering will allow financial institutions to add in-demand capabilities for cryptocurrency investment. The cryptocurrency investment … Read more

Teachmint raises $78 M in Series B round

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Teachmint

Education infrastructure startup Teachmint on Monday announced that it has raised $78 million in Series B round led by Rocketship.vc and Vulcan Capital. This round also saw new investors, Goodwater Capital and Epiq Capital, pitch in. The new round brings the 16 month-old startup’s total fundraise to $118 million, making it the fastest such capital … Read more

Intra-city logistics company Porter raises Rs 750 Cr

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Porter Trucks

On-demand logistics company Porter has raised Rs 750 crore in its Series E funding round led by Tiger Global Management and Vitruvian Partners, with participation from existing investors — Sequoia Capital India and Lightrock India. Founded in 2014 by Pranav Goel, Uttam Digga, and Vikas Choudhary, Mumbai-based Porter is a logistics marketplace that allows businesses … Read more

BASIC Home Loan raises $3.5M led by Venture Catalysts, Gruhas Proptech

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basic-home-loan-funding-germany-picus-capital

BASIC Home Loan, a Gurugram-based fintech startup, has raised $3.5 million in a Series A round of funding led by Venture Catalysts (VCats) and Gruhas Proptech, an investment platform of Zerodha Founder Nikhil Kamath and Abhijeet Pai of Puzzolana Group. Abhijeet Pai of Gruhas Proptech said, “We were impressed by the way BASIC Home Loan … Read more

Gurugram startup O4S raises $6M in Series A round

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o45-800x400

O4S, an IoT SaaS startup focused on the supply chain segment, on Monday said it raised a Series A round of $6 million led by Think Investments, with participation from existing investor Venture Highway. The Gurugram-based startup, founded in 2017 by Divay Kumar and Shreyans Sipani, had raised a total of $3.5 million in various … Read more