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The Wedding Company Nets $2.8 Mn To Bolster Its Wedding Services

India, June 9 -- Matrimony startup The Wedding Company has secured $2.75 Mn (Rs.26.3 Cr) in a seed funding round led by Wellingdon Advisors LLP. While existing investors LVX and Tremis Capital doubled... Read More


India Quotient Partner Gagan Goyal To Resign: Report

India, June 9 -- India Quotient's general partner Gagan Goyal has reportedly planned to step away from his role and informed the early-stage focused VC firm a week ago regarding his exit. "He is like... Read More


IPO-Bound Cars24 Onboards Infosys CFO Jayesh Sanghrajka As Independent Director

India, June 8 -- Amid a trail of top leadership exits, IPO-bound Cars24 has onboarded Infosys chief financial officer (CFO) Jayesh Sanghrajka as independent director of the used car marketplace's boar... Read More


ixigo To Acquire A Majority Stake In Brevistay For Rs.66 Cr

India, June 5 -- Listed traveltech giant ixigo's board has approved to acquire 54.66% stake in traveltech startup Brevistay (Brevistay Hospitality Pvt Ltd) for a Rs.65.69 Cr ($6.9 Mn) through a combin... Read More


VinFast's EV Ride Hailing Business Green SM Enters India

India, June 5 -- VinFast parent Vingroup-owned electric mobility arm Green SM has entered the Indian market with the launch of Green SM Limo, an electric cab service, in Delhi NCR today. The electric... Read More


ideaForge's Shares Locked At Upper Circuit After Fundraise Approval

India, June 4 -- Shares of dronetech company ideaForge soared 5% to touch a new 52-week high of Rs.898.60 apiece on the BSE during intraday trade today. The stock opened at Rs.898.60 per share this m... Read More


SoftBank Offloads Lenskart Shares Worth Rs.2,873 Cr

India, June 3 -- Lenskart's early backer SoftBank has sold 5.65 Cr shares in a block deal worth Rs.2,873.3 Cr. As per NSE data, the firm, via its SoftBank Vision Fund (SVF) II Lightbulb (Cayman) Ltd,... Read More


Nivasa Capital Gets RBI NBFC Licence, To Extend Secured Mortgage Credit

India, June 3 -- Housing finance startup Nivasa Finance's subsidiary Nivasa Capital has secured the approval of Reserve Bank of India (RBI) to operate as a non-banking financial company (NBFC). The c... Read More


Proptech Startup Propsoch Secures $2 Mn To Fuel Expansion

India, June 3 -- Bengaluru-based Propsoch has secured $2 Mn (Rs.19.1 Cr) in a seed funding round led by Athera Venture Partners, Sparrow Capital and Vakil Group. The proptech startup - which offers u... Read More


Edtech Startup ProLearn Bags Rs.30 Cr To Tailor AI Learning For Students

India, June 2 -- Ex-Vedantu director Ravneet Singh's new edtech startup ProLearn has raised Rs.30 Cr ($3.2 Mn) in a pre-seed funding round led by BEENEXT, with participation from Eximius Ventures, Ant... Read More