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Cashfree Payments makes second acquisition, acquires Zecpe to propel growth

Cashfree Payments, a leading payments solutions provider in India, has acquired one-click checkout company Zecpe, marking its second acquisition in recent times. Although the financials involved in the deal have not been disclosed, sources suggest that the deal may...

Vertex Ventures India Fund V to Promote High Impact Businesses

DEG, the investment arm of German state-owned development bank KfW, is set to invest $18 million in Vertex Ventures’ latest SEA and India Fund V. The investment is aimed at promoting growing businesses in the Southeast Asian region that...

IMF Chief Warns on Private Crypto Amid India’s Regulation Push

As India prepares to regulate crypto assets, International Monetary Fund’s (IMF) Managing Director Kristalina Georgieva has said that banning private cryptocurrencies should be an option. Speaking at a G20 meeting in Bengaluru, Georgieva emphasized the need for strong crypto...

Edtech Disruptor AdmitKard Crafts New Investments To Reshape Student Careers

AdmitKard, a leading edtech startup, has recently announced securing Rs 50 crore in its Series A funding round led by GSV Ventures and other investors. The new funding will help AdmitKard further consolidate its position in the edtech space...

FreshToHome’s $104M Investment to Net New Fish and Meat Markets

Bengaluru-based fish and meat retailer FreshToHome has successfully raised $104 million in its Series D funding round, led by Amazon Smbhav Venture Fund. FreshToHome plans to use the funds to expand its network of stores, as well as to...

ChrysCapital in talks to invest $100M in Lenskart at $4B valuation, reports say

Private equity firm ChrysCapital is reportedly eyeing a $100 million investment in Lenskart, an omnichannel eyewear retailer, at a valuation of $4 billion. If finalized, this would be one of ChrysCapital's largest investments in a new-age entity. The new...

Telangana’s Pioneering Web3 Sandbox for Blockchain Startups, 8 Cohorts

Web3 Sandbox: In a move that could potentially have a far-reaching impact on the Indian blockchain and crypto industry, Telangana state Web3 regulatory sandbox for selected blockchain startups to test their solutions in a controlled environment is unique. The...

Union Minister Calls for PPPs to Boost StartUps, Innovation

Union Minister Dr Jitendra Singh has proposed a new "PPP+PPP" model for international collaborations in sustainable startups and sustainable science ventures. Speaking at the meeting of the Atal Innovation Mission (AIM) in NITI Aayog, Dr Jitendra Singh emphasized the...

India’s Mobile Internet Speed on a New High, Jumps 10 Spots in Global Ranking

India's Mobile Internet speed is surging ahead in recent times. The Speed high Leaps 10 Spots to Become the 69th Fastest Mobile Internet Provider in the World According to Ookla's Speedtest Global Index.India made a big leap in January...

Indian startups prioritize profit over growth: 2023 India Venture Debt Report

Indian startups have experienced a significant rise in venture debt funding, with business-to-business (B2B) being the most attractive sector for venture debt in 2023, according to the India Venture Debt Report by Stride Ventures. The report’s second edition revealed...

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