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Venturi Partners Launches $225 Mn Second Fund To Back Consumer Brands

India, March 19 -- Livspace-backer Venturi Partners has launched its second fund with a corpus of $225 Mn (a hard cap of $250 Mn) to back consumer brands in India and Southeast Asia. The Singapore-ba... Read More


D2C Brand Pilgrim Raises INR 200 Cr To Strengthen Offline Presence

India, March 18 -- D2C beauty and personal care brand Pilgrim has raised INR 200 Cr (about $23 Mn) via a mix of primary and secondary transactions at a pre-money valuation of INR 3,000 Cr (about $346 ... Read More


CCI Approves HUL's Acquisition Of D2C Brand Minimalist

India, March 18 -- The Competition Commission of India (CCI) has approved FMCG giant Hindustan Unilever Ltd's (HUL) proposal to acquire a majority stake in D2C personal care brand Minimalist. This co... Read More


NPCI To Phase Out Collect Request For Merchant Payments To Curb UPI Fraud

India, March 18 -- The National Payments Corporation of India (NPCI) is reportedly planning to do away with the 'collect' request feature for merchant payments in a phased manner to curb the rise in U... Read More


UIDAI Partners Sarvam AI To Offer AI Voice, Fraud Detection To Aadhaar

India, March 18 -- The Unique Identification Authority of India (UIDAI) has partnered with Bengaluru-based GenAI startup Sarvam AI to integrate AI-powered voice interactions and fraud detection into A... Read More


Paytm Money Gets Research Analyst Certification From SEBI

India, March 18 -- Fintech giant Paytm's investment tech subsidiary Paytm Money has received the approval from the Securities and Exchange Board of India (SEBI) to operate as a registered research ana... Read More


Centre Forms Inter-Ministerial Panel To Address Fintech Sector Challenges

India, March 18 -- The central government has reportedly formed an inter-ministerial committee to address the issues being faced by the country's burgeoning fintech sector. Citing an order issued by ... Read More


[Update] Urban Company Renames Insta Maids to 'Insta Help' After Social Media Backlash

India, March 18 -- Update | March 18, 10:07 PM IPO-bound home services startup Urban Company has renamed its recently launched 15-minute maid booking service, 'Insta Maids,' to 'Insta Help.' The mov... Read More


Pixxel Deploys Three Hyperspectral Satellites, Releases First Images

India, March 18 -- Spacetech startup Pixxel has commissioned three Firefly satellites and released high-resolution hyperspectral images today. In a Linkedin post, its founder and CEO Awais Ahmad wrot... Read More


Unikon.ai's Strange Pivot, Excitel's INR 487 Cr Revenue & More

India, March 18 -- Behind Unikon.ai's Strange Pivot Much like the dot-com bubble, everyone is in awe of the AI boom, and startups are capitalising on this wave to woo investors, who have formed a bee... Read More