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Exclusive: Ex-BharatPe Cofounder Shashvat Nakrani In Talks To Join Luxury For You As Cofounder

India, July 7 -- Shashvat Nakrani, cofounder and former COO of BharatPe, is in talks to join Dubai-based luxury ecommerce platform Luxury For You, sources told Inc42. Nakrani will lead the operations... Read More


NoBroker's Profit Push, Klydo Halts Ops & More

India, July 7 -- NoBroker Rewrites Playbook In Search Of Profits After a decade, the proptech unicorn is shifting from a pure listings engine to a home-buying marketplace and a multi-vertical consume... Read More


CCI Clears upGrad's Unacademy Acquisition

India, July 7 -- The Competition Commission of India (CCI) has approved edtech major upGrad's proposed acquisition of Unacademy. The competition watchdog approved the proposed combination under Sectio... Read More


Origin Fresh In Talks To Raise $10 Mn To Expand Distribution: CEO Prashanth Vasan

India, July 7 -- Fresh produce startup Origin Fresh is in talks to raise $10 Mn in a Series A funding round from a clutch of investors as it looks to deepen its supply chain, expand its retail footpri... Read More


Exclusive: Lissun In Talks To Raise Rs.45 Cr Funding From Colossa Ventures

India, July 7 -- Gurugram-based mental wellness platform Lissun is in talks with Colossa Ventures to raise around Rs.45 Cr ($4.7 Mn) in its Series A funding round, sources told Inc42. The Mumbai-base... Read More


Robotics Startup Mowito Raises $3 Mn To Expand US Presence

India, July 7 -- Bengaluru-based robotic startup Mowito has secured $3 Mn (almost Rs.28.6 Cr) in a pre-seed funding round led by Version One Ventures, with participation from All In Capital, Unisol an... Read More


Pocket FM Ropes In Ex-Bank Of America Exec Abhilash Padival As CFO

India, July 7 -- Amid plans to bolster international presence, audio OTT soonicorn Pocket FM has onboarded ex-Bank of America director Abhilash Padival as its new chief financial officer (CFO). Padiv... Read More


Econovus Nets Rs.40 Cr To Expand Sustainable Industrial Packaging

India, July 7 -- Industrial packaging startup Econovus Packaging has raised Rs.40 Cr (about $4.2 Mn) in its maiden institutional funding round. The pre-Series A funding round led by Rainmatter by Zero... Read More


GalaxEye Loses Connection With 'Mission Drishti' Satellite, Eyes 2 More Launches

India, July 7 -- Months after it launched its first OptoSAR satellite under 'Mission Drishti', spacetech startup GalaxEye said it lost communication with the spacecraft after an anomaly linked to a ge... Read More


Swiggy Jumps Over 7% After Foreign Holding Falls Below 50%

India, July 7 -- Shares of Swiggy surged over 7% during the intraday trading on the BSE today after the foodtech major said that the aggregate foreign investment in the company has fallen below the 50... Read More