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Agriwise Raises Debt Funding from Maanaveeya, the Indian Subsidiary of Oikocredit

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Agriwise Finserv Limited, one of India’s fastest growing agri-focussed NBFCs, today announced that it had obtained a secure credit facility from Maanaveeya Development & Finance Private Limited (Maanaveeya). Maanaveeya is the Indian subsidiary of Oikocredit, social impact investor and worldwide cooperative with over 46 years of experience in funding organisations active in financial inclusion, agriculture and renewable energy. … Read more

Bizzo raises $2 million from ICICI Bank-led group of investors

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Bizzo, a technology startup, revealed on Thursday that it had received $2 million from a consortium of investors led by ICICI Bank and Orios Venture Partners. Bizzo, which was founded in 2021 and has its headquarters in Mumbai, enables service providers grow, scale, and organise their operations digitally, including automating bookings 24 hours a day, … Read more

Byju’s will spend $200 million to extend its hybrid tuition model

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Byju’s, India’s largest ed-tech firm, plans to invest $200 million to expand and grow its hybrid tuition business. Over the next two years, the infusion will take place. “We have USD 200 million to invest over the next two years for use in exponential expansion of the ‘Tuition Centre model,” Himanshu Bajaj, head of Byju’s … Read more

Zomato’s Deepinder Goyal donates entire $90 mn of vested ESOPs

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Deepinder Goyal, co-founder and CEO of online food aggregator and delivery platform Zomato, has announced that he will donate the whole revenues from the vesting of some of his employee stock option plans (ESOPs) to the Zomato Future Foundation (ZFF). Goyal received some ESOPs before Zomato went public last year, and some of them vested … Read more

Edtech giant Vedantu sacks 200 employees

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Vedantu, the edtech behemoth, has laid off 200 people. This news comes nearly seven months after the Tiger Global-backed firm joined the unicorn club. With this statement, the Bengaluru-based company joins over a half-dozen other growth-stage startups that have lately let off a major portion of its personnel. While Vedantu claims it is part of … Read more

Bank Holidays in May 2022: Banks will remain closed for 13 days in May, see full list

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Bank Holidays In May 2022: If you have any work related to bank in the month of May, then plan for it now. Some Holidays According to the States-(According to the States Also Some Holidays) Apart from the national holidays, there are also some holidays according to the states. According to the report, out of … Read more

Jobandtalent raises USD 250m debt facility to enable flexible wage payments to workers

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Jobandtalent secured USD 250 million debt financing from US investment banks Citi, Goldman Sachs and European investor AnaCap Financial Partners (“AnaCap”). The debt financing will allow Jobandtalent to facilitate tangible benefits and enhance its foundation for innovative financial products offered to workers. For example, it will be used to enable daily payments and free early … Read more

SHIELD expands global footprint to India; launches engineering hub in Bengaluru

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SHIELD, the world’s leading risk intelligence company, today officially announced its expansion into India, the fastest growing mobile market worldwide. The move follows successful partnerships with ShareChat, MOJ, and Carandbike, and marks the company’s continued focus on growing its network of clientele across India. SHIELD aims to continue its mission to help digital businesses globally … Read more

EdTech Startup Mindler Raises USD 200K in Pre-Series a Round

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Mindler, leading EdTech platform for career guidance and planning, has raised its Pre-Series A round of $1.5 million from investor groups associated with Edupreneur Village, Ecosystem Ventures, Inflection Point Ventures, and Chennai Angels. Edupreneur Village has invested $200K through its partner nVentures, a Singapore based VC Fund. Edupreneur Village (part of Sri Aurobindo Society) is … Read more

cKers Finance invests USD 1 Million in Gradiant’s industrial wastewater recycling & re-use project

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cKers Finance, an NBFC focused on financing sustainability and clean energy transition in India has announced a USD 1 million debt financing tie-up with Gradiant India Private Limited, a water treatment technology innovator. This facility is used to finance a 4MLD Effluent Treatment Plant setup on a Design-Build-Own-Operate-Maintain (DBOOM) for an invested grade off taker in the chemicals industry. Gradiant, … Read more

Motorola Brings Never Seen Before Offers on moto g31 and moto g60 Exclusively During the Flipkart Big Saving Days Sale

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Motorola is back again with some irresistible deals and offers on their mid and premium range of smartphones during the Flipkart’s Big Saving Days, from 3rd May to 8th May, giving out amazing price drops on their bestselling smartphones from Motorola g and edge series. The moto g31, comes at a never before offer price of … Read more

ARC Group Ventures invests in HR Start-Up Worky

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ARC Group Ventures (venture capital arm of ARC Group) is pleased to announce the investment in the bridge round of Worky, a Mexico City-based HR software and payroll platform for small- and medium-sized businesses. Founded in 2018 by Maya Dadoo, Carlos Marina and Oscar Castillo, Worky allows employers to offer benefits by providing an end-to-end enterprise-grade platform to automate employee … Read more

LottieFiles Raises $37 Million Series B Funding Led by Square Peg Capital

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LottieFiles, the leading motion graphics platform for designers and developers, today announced a $37 million Series B funding round, led by Square Peg Capital, with additional participation from XYZ Venture Capital, GreatPoint Ventures, and  existing investors, 500 Startups and M12, Microsoft’s Venture Fund. LottieFiles will use the funding to further its product roadmap, expand its operations to cater … Read more

Frost & Sullivan & Vizru Sign Multi-year Strategic Partnership to Enable Technology-driven Enterprise Growth

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Frost & Sullivan has entered into a strategic partnership with Vizru to revolutionize technology transformation for enterprises and accelerate growth for its customers. “Large enterprises have built significant assets over decades in the form of customers, data, contracts, supply chain ecosystems, products, and services,” explained Ramesh Mahalingam, CEO of Vizru. “However, they are struggling to monetize … Read more

VitroLabs raises $46 million in Series A Funding

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VitroLabs Inc, a Bay-Area-based biotech company leading the development of a new scientific process to grow the world’s first cellular cultivated animal leather, today announced that it has closed its Series A financing to build and scale pilot production. The company has raised a total of $46 million. Series A funding is led by Agronomics; other … Read more

Bengaluru-based deep tech startup SatSure acquires Farm Management software CropTrails

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SatSure, a deep tech startup working at the intersection of spacetech, Artificial Intelligence (AI), and Software as a Service (SaaS) to drive decision intelligence, is pleased to announce the acquisition of SaaS application CropTrails, which was conceptualised and incorporated in the year 2018 by Indore-based startup OEPP Innovations Private Limited. CropTrails is a web and … Read more