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Shadowfax Cofounders Infuse INR 65 Cr In IPO-Bound Startup

India, March 7 -- IPO-bound logistics major Shadowfax has secured a funding of INR 65.4 Cr (about $7.5 Mn) from its cofounders Vaibhav Khandelwal and Abhishek Bansal. Sources told Inc42 that the star... Read More


Ninjacart Expands ESOP Pool With Fresh Equity Shares

India, March 7 -- B2B agritech startup Ninjacart has expanded its employee stock option plan (ESOP) pool by adding fresh 2,397 new equity shares. As a result of this, the ESOP pool will increase by 3... Read More


How College Vidya Is Cracking The Chaos In India's Digital Higher Education Space

India, March 7 -- On the surface, a college education is a nice concept. Students pick the subjects they love, learn from the experts and emerge job-ready and future-perfect, armed with relevant degre... Read More


Exclusive: Furlenco Raises $7 Mn Debt From Northern Arc, CredAvenue

India, March 7 -- Furniture rental startup Furlenco has raised INR 60 Cr (about $7 Mn) in debt funding from Northern Arc Capital and CredAvenue. Furlenco raised the debt through two series of non-con... Read More


OYO Appoints Sonal Sinha As CEO Of G6 Hospitality

India, March 7 -- Amid the growing buzz around its much-awaited initial public offering (IPO), travel tech major OYO has appointed Sonal Sinha as the chief executive officer of its recently-bought G6 ... Read More


Infibeam To Divest Stake In Subsidiary Primid, Appoints New Board Member

India, March 7 -- Much happened at listed fintech major Infibeam Avenues' meeting of board directors on Thursday (March 6). In a filing with the exchanges, Infibeam Avenues said that its board approv... Read More


Exclusive: Vobble Bags Funding To Launch AI-Powered Audio Pocket Player For Kids

India, March 7 -- Audio OTT platform Vobble, which raised $1 Mn as a part of its seed funding round in March last year, has secured another $1 Mn (INR 8.7 Cr), closing the round. The investment was l... Read More


Fino Payments Bank Shares Rally 9% Intraday

India, March 7 -- Shares of Fino Payments Bank surged as much as 9% to INR 220.45 during the intraday trading session on the BSE today (March 7). Today's rally came two days after the company's board... Read More


Govt Launches Compute Portal & AIKosha To Supercharge India's AI Ambitions

India, March 7 -- Union IT minister Ashwini Vaishnaw launched several key initiatives under the INR 10,300 Cr IndiaAI Mission on Thursday (March 6). As per an official statement, Vaishnaw unveiled th... Read More


FirstCry Shares Tumble 5% During Morning Trade

India, March 7 -- Shares of FirstCry's parent Brainbees Solutions slipped over 5% to INR 394.20 during the intraday trading session on the BSE today (March 7) after surging as much as 17% in the previ... Read More