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Univfy Raises $6M in Series B Financing to Expand Fertility Benefits and Advance Fertility Prognostics

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univfy

Univfy, a global leader in using artificial intelligence (AI) and machine learning (ML) to personalize counseling and increase access to fertility care, today announced that it raised $6 million of its Series B funding round led by a portfolio company of Atlantic Street Capital. Known by fertility specialists and patients for its flagship Univfy PreIVF Report, Univfy has commercialized a … Read more

Insurtech firm Probus Insurance raises $6.7M

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Probus Insurance, a Mumbai-based insurtech company, has raised $6.7 million in a fundraising round headed by BlueOrchard Impact Investment Managers of Switzerland. Probus, which began as a typical insurance brokerage firm in 2003 and has now evolved into a tech-enabled platform, has built a strong framework and ecosystem in the online retail distribution arena. Probus … 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

Tiger Global Invests USD 40 Mn in BOX8 and MOJO Pizza’s Parent Company, Now Rebrands to EatClub Brands

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EatClub Brands, which operates popular brands like BOX8 & MOJO Pizza has raised $40 million in a round led by Tiger Global. EatClub Brands is a technology first, full-stack cloud kitchen company, and it has one of Asia’s largest cloud kitchen networks. Currently, a total of 8 brands operate out of its 150+ kitchens, GLOBO … Read more

Indiamart Intermesh Acquires Stake In M1xchange For Rs 32.4 Crore

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Indiamart

Indiamart Intermesh, a B2B e-commerce startup, has purchased a share in M1xchange, a trade receivable discounting system services firm, for Rs 32.4 crore, the fintech firm announced on Monday. Indiamart had previously announced a plan to buy 7.7% of M1xchange for Rs 32.4 crore, and the transaction is now complete with the fintech firm receiving … Read more

Vedantu Announces a USD 3 Million ESOP Buyback

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Vedantu, a pioneer in LIVE online learning, announced today a $3 million ESOPS  liquidity initiative for all qualifying employees. The founders will not be part of the repurchase, but top executives and qualifying active employees who have completed the vesting term will be able to sell their ESOP shares. Vedantu launched a $100 million Series … Read more

Tesla Will Invest Usd 188 Million To Expand Its Plant Capacity In Shanghai

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According to the state-owned Beijing Daily newspaper, Tesla Inc wants to invest up to 1.2 billion yuan to boost manufacturing capacity at its Shanghai factory, allowing it to hire 4,000 additional staff. The material was ascribed to a Shanghai government website for companies’ environmental information submissions, according to the newspaper. Tesla’s Shanghai factory was meant … Read more

India looking at USD 2.5 Bn Investment in Textiles Sector, Create 0.75 Mn Jobs

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The ‘Textile Week’ kicked off yesterday at the India Pavilion in EXPO2020 with the country looking at a fresh investment of INR 19,000 crore (USD 2.5 Bn) in the sector, which would be key to a ‘Self-reliant India’ and becoming a preferred global sourcing partner in textiles. The textile industry will showcase India’s rich cultural … Read more

Welspun One signs a MoU with Tamil Nadu Government to invest INR 2500 Cr in the state

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Welspun One Logistics Parks (WOLP), a pan-India integrated fund, development, and asset management platform, part of the USD 3.5 billion Welspun Group, has signed a Memorandum of Understanding (MoU) with Guidance – the Government of Tamil Nadu’s nodal agency, for investment promotion and single window facilitation. This is towards setting up warehousing facilities across the state. The projects … Read more

Pace Raises Usd40 Million Series A Funding From Pan-asian Group Of Investors

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Pace

Pace, a Singapore-based fintech solution company that allows customers to ‘Buy Now Pay Later’ (BNPL), today announced that it has raised USD40 million in its Series A investment round. Investors that joined the round include UOB Venture Management (Singapore), Marubeni Ventures (Japan), Atinum Partners (South Korea), AppWorks (China Taiwan), and a series of family offices … Read more

WinZO partners with Kalaari Capital to Launch its ‘Gaming Lab’, will co-invest in Gaming

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winzo

India’s largest social gaming platform, WinZO is launching an investment initiative, ‘Gaming Lab’, jointly with Kalaari Capital, to encourage and support India’s gaming ecosystem. ‘Gaming Lab’ will invest across all forms of interactive entertainment apps in India with a flexible corpus starting at over half a million dollars. Association with WinZO, which hosts 80+ games … Read more

ETMONEY Crosses $3bn of Investments Being Managed on Its Platform

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ETMONEY, one of India’s fastest growing investments and wealth management platform, has crossed the milestone of 3 billion US dollars’ (INR 22,500 Crores) of total mutual fund investments being managed on the platform. The current value of investments made through ETMONEY has crossed $1Bn itself while another $2Bn of investments are being actively managed by … Read more

HAPPE Spine Announces Close Of $3.35 Million Round In Series A Investment

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Happe Spine

HAPPE Spine, an emerging leader in the development of next generation orthopedic and spinal implants enabled by the HAPPE™ material platform, announces that it has closed on a $3.35 million Series A capital raise. The oversubscribed funding was led by strategic investors from within the spine industry along with prominent and continuing investment by the … Read more