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Elevation Capital Launches $400 Mn Fund for IPO-Bound Startups

India, Aug. 29 -- VC firm Elevation Capital has launched a late stage fund, Elevation Holdings, with a corpus of $400 Mn to back startups looking to go public. "We are thrilled to launch Elevation Ho... Read More


VC Firm a99 To Launch Third Fund With $100 Mn Corpus

India, Aug. 29 -- Early stage focussed VC firm a99 (formerly Artha99) is raising its third fund with a target corpus of $100 Mn (about INR 850 Cr). With this fund, the firm aims to back 12-15 startup... Read More


TVS Motor Expands EV Lineup With Launch Of New Escooter 'Orbiter'

India, Aug. 28 -- Bidding to consolidate its position in the burgeoning Indian electric two-wheeler (E2W) market, market leader TVS Motor has launched a new escooter, TVS Orbiter, at an ex-showroom pr... Read More


Apple Partners Jio To Bring RCS Messaging To iPhones In India

India, Aug. 27 -- Tech giant Apple has reportedly partnered with Reliance Jio to bring Rich Communication Services (RCS) messaging on iPhones for Jio users. This tie-up will allow Jio users on iPhone... Read More


Bernstein Bullish On Paytm, Hikes Target Price To INR 1,200

India, Aug. 26 -- Brokerage firm Bernstein has raised its target price for Paytm's parent entity One97 Communications to INR 1,200 from INR 1,100, while maintaining an 'outperform' rating and describi... Read More


Uber CEO Sees Rapido 'A Bigger Rival' Than Ola In India

India, Aug. 25 -- Uber CEO Dara Khosrowshahi said that ride hailing platform Rapido has emerged as its toughest competitor in India, overtaking Ola in category position. Speaking on Nikhil Kamath's p... Read More


Uber CEO Says Rapido Has Overtaken Ola As Its Top Rival In India

India, Aug. 25 -- Uber CEO Dara Khosrowshahi said that ride hailing platform Rapido has emerged as its toughest competitor in India, overtaking Ola in category position. Speaking on Nikhil Kamath's p... Read More


Flipkart Launches 'Black' Membership Plan To Drive Revenue Growth

India, Aug. 25 -- Ecommerce major Flipkart has rolled out Flipkart Black, a paid subscription programme designed to rival Amazon Prime. The plan includes a free one-year YouTube premium subscription, ... Read More


WizCommerce Bags $8 Mn To Streamline B2B Sales With AI

India, Aug. 25 -- AI-led B2B ecommerce platform WizCommerce has raised $8 Mn (around INR 70 Cr) in a Series A funding round led by Peak XV Partners. The round also saw participation from Blume Ventur... Read More


Govt Commits 97% Of Chip Manufacturing Fund: Report

India, Aug. 23 -- The government has reportedly committed around INR 62,900 Cr, nearly 97% of the INR 65,000 Cr, earmarked for semiconductor manufacturing incentives. A PTI report, citing Electronics... Read More