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CCI Approves Majority Stake Purchase In Nazara By Plutus, Two Others

India, May 21 -- The Competition Commission of India has approved the proposed acquisition of a majority stake or control over gaming major Nazara Technologies by Axana Estates LLP, Plutus Wealth Mana... Read More


Ex-100X.VC Partners Float New VC Firm 247VC, Launch INR 250 Cr Maiden Fund

India, May 20 -- Former 100X.VC partners Shashank Randev and Yagnesh Sanghrajka have together launched VC firm 247VC and unveiled its first fund with a target corpus of INR 250 Cr ($30 Mn). The fund,... Read More


Former 100X.VC Partners Float 247VC's INR 250 Cr Fund; Focus On Deeptech, Industry 5.0

India, May 20 -- Former 100X.VC partners Shashank Randev and Yagnesh Sanghrajka have together launched VC firm 247VC and unveiled its first fund with a target corpus of INR 250 Cr ($30 Mn). The fund,... Read More


Consumer Court Directs Amazon To Pay INR 40K For Not Delivering INR 100 Rakhi

India, May 20 -- A Mumbai consumer dispute redressal tribunal has directed ecommerce major Amazon to pay a compensation of INR 40,000, inclusive of legal costs, to an aggrieved customer over failure t... Read More


Miraggio Nets INR 55 Cr To Build Omnichannel Play In Non-Metros

India, May 20 -- D2C lifestyle brand Miraggio has raised INR 55 Cr ($6.5 Mn) in its Series A funding round led by RPSG Capital Ventures and Client Associates Alternate Fund. It also saw participation ... Read More


Myntra Unpacks Its Global Dreams, Shiprocket's INR 2,500 Cr IPO & More

India, May 20 -- Myntra Unpacks Its Global Dreams Marking its first international foray, the fashion ecommerce marketplace has launched its operations in Singapore. The move is aimed at capitalising ... Read More


Lathika Pai Sues Microsoft, Seeks INR 35 Cr For Alleged Unfair Dismissal

India, May 20 -- Lathika Pai, a senior figure in the Indian startup ecosystem and a former Microsoft executive, has filed a civil suit against Microsoft India and Microsoft Corporation seeking INR 35.... Read More


CureBay Raises $21 Mn To Improve Healthcare Access In Rural India

India, May 20 -- Healthtech startup CureBay has raised $21 Mn (about INR 179.5 Cr) in its Series B funding round led by Bertelsmann India Investments. The round also saw participation from its existin... Read More


MeitY Startup Hub Partners Razorpay To Boost Deeptech Startups

India, May 20 -- MeitY Startup Hub has partnered with fintech unicorn Razorpay to foster deeptech and emerging tech startups across the country. The partnership aims to empower startups with access t... Read More


Tan90 Thermal Bags INR 20 Cr To Provide Cooling Solutions To Enterprises

India, May 20 -- Tan90 Thermal Solutions has raised INR 20 Cr (around $2.3 Mn) in its Series A funding round led by NABVENTURES, a subsidiary of NABARD. The round also saw participation from existing ... Read More