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ZETWERK Secures $90 Million in Latest Funding Round, Valuation Soars to $3.1 Billion

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ZETWERK Manufacturing Businesses has reportedly raised USD 90 million in its latest funding round, led by Rakesh Gangwal and Khosla Ventures, according to recent media reports. This significant capital injection has propelled the company’s valuation to an impressive USD 3.1 billion. Additionally, ZETWERK has achieved a remarkable Gross Merchandise Value (GMV) of ₹17,564 crore (approximately … Read more

Aerospike Closes $109M in Growth Capital from Sumeru Equity Partners

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Aerospike, Inc. (“Aerospike”) today announced the close of a $109M growth capital investment from Sumeru Equity Partners (“Sumeru”) with additional investment from existing investor Alsop Louie Partners. This latest investment signals a validation of the company’s product strength and business performance. The investment accelerates innovation and go-to-market capabilities for Aerospike’s core transaction, analytics, and AI … Read more

Jhaji Store Raises Undisclosed Amount From Velocity.in

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Jhaji Store, a direct-to-consumer (D2C) company that sells authentic handcrafted achars online, has raised an unknown sum from Velocity.in, India’s largest revenue-based funder. Jhaji Store has raised its first round of external funding. Jhaji Store is a women-led D2C firm that offers traditional homemade pickles from Darbhanga district in Bihar through their eCommerce store. It … Read more

Online farm equipment firm Pumpkart gets $2 Mn under Samruddhi scheme

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Pumpkart, an e-commerce platform for farm equipment and water pumps, said that it has received $2 million in investment from the Karnataka government’s Samruddhi programme. Pumpkart is an online B2B marketplace for water pumps and various associated supplies, founded by KS Bhatia in June 2014. Pumps can be bought and sold on the platform by … Read more

PlainID Raises $75 million In Series C Funding Led by Insight Partners

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PlainID, a leading provider of cybersecurity, authorization, and identity access management (IAM) solutions, today announced it has raised $75 million in Series C funding. The round was led by New York-based global venture capital and private equity firm Insight Partners, with participation from Itai Tsiddon, Viola Ventures and all other existing investors. PlainID will use … Read more

YipitData raises up to $475 million in Series E funding from Carlyle

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YipitData today announced a Series E funding round, led by global investment firm Carlyle . YipitData has gained rapid momentum among institutional investors and corporations with its highly accurate, detailed research and analytics on the most disruptive and digitally enabled sectors in the world, including ridesharing, e-commerce marketplaces, payments and streaming video. YipitData will use … Read more

realme achieves 9.3 million of units in sales for realme TechLife ecosystem products during realme’s Festive Day

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realme, the fastest-growing technology brand, achieved a new milestone during realme Festive Days, garnering 9.3 million in sales for smartphones, AIOT and Techlife products across all online and mainline channels, with 40% year-on-year growth. During the period of 2nd October to 8th November, the combined sales also contributed to sales revenue worth INR 9000+ crore, … Read more

Shiv Nadar University, Delhi-NCR Named Dr. Ananya Mukherjee as Its Next Vice-Chancellor

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Shiv Nadar University, Delhi-NCR, today announced Dr. Ananya Mukherjee as its next Vice-Chancellor to lead the University’s growth in the future. Dr. Mukherjee is currently Provost and Vice-President Academic at the University of British Columbia (UBC) Okanagan, Canada. She assumes her role at Shiv Nadar University, Delhi-NCR, on 31 January 2022. She will be the University’s third Vice-Chancellor, taking the … Read more