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Byju’s becomes India’s most valued startup at $16.5 billion with UBS, Blackstone funding

Byju’s has raised $350 million from UBS, private equity giant Blackstone, Abu Dhabi state fund ADQ, Phoenix Rising and video conference firm Zoom’s founder Eric Yuan, regulatory filings said.   Online learning Online learning firm Byju’s has become India’s most valuable internet startup with a valuation of $16.5 billion in its current funding round, surpassing …

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Edtech startup upGrad

Edtech startup upGrad to hire 1000 people in India in next 3 months

The opportunities are available across departments like learning experience, delivery, marketing and programme, along with sales which will remain predominant.   Hire 1000 people Global online higher education provider upGrad on Tuesday said it will onboard 1,000 employees in the next three months in India from more than 100 campuses, including metros and tier 2 …

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“Fluid Ventures” announces its first close of INR 25 Crore Exclusively for Direct to Consumers Startups

New Delhi, 10th June 2021: Despite COVID-19 caution, Gurugram-based Fluid Ventures has shown faith in supporting home-grown consumer startups by announcing its first close of INR 25 Crore as an investment capital. The early-stage micro venture capital fund has a total corpus of INR 80 Crore (including Green Shoe option), slated for investment in direct-to-consumer …

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Edtech startup Masai School

Edtech startup Masai School acquires Design Shift Academy

Bengaluru-based Masai School said it was a cash and stock deal, but did not disclose details of the financial term. Design Shift Academy Education startup Masai School, which offers online courses in web and mobile app development, said on Wednesday it acquired Design Shift Academy, an institute that provides guidance on user interface and user …

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Audi R8 owner becomes a Swiggy delivery boy and delivers food in his supercar

Sportscar and supercars are now not that rare on Indian roads. Several manufacturers like Lamborghini, Aston Martin have even opened dealerships in India. There are several supercar owner groups in India and we have also seen several videos in which these supercars have been featured. We have seen videos where supercars are seen racing with …

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A start-up from Mumbai is all set to make you fit and healthy at the tip of your fingers

A 55-year old advertising professional has devised a platform for online booking of massage and beauty treatment wherein over 900 vendors have registered in the last six months… Just spare a few minutes to know more about it… Problem identification Mumbai based Sanjeev Singhai, founder of Wellnessta, came up with the idea of online booking …

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Paytm, India’s most valuable startup, confirms plan for an IPO

Paytm, India’s most valuable startup, confirmed to its shareholders and employees on Monday that it plans to file for an IPO. Most valuable startup In a letter to shareholders and employees, Paytm said that it plans to raise money by issuing fresh equity in the IPO, and also sell existing shareholders’ shares at the event. The …

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Delhivery to list in 6-8 months, expects to raise $500 million via IPO

The Delhivery IPO won’t be delayed beyond March 2022, CEO Sahil Barua says, adding that the supply chain and logistics startup has substantial cash on its balance sheet.   Sahil Barua, co-founder and chief executive officer, Delhivery. Delhivery is the third venture from SoftBank Group Corp’s India portfolio—after PolicyBazaar and Paytm—that is working towards an …

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Investors race to win early-stage startup deals in India

India may be grappling with the second wave of the coronavirus, rising unemployment and a dwindling economy, but the South Asian nation’s burgeoning startup ecosystem has never had it better. Record amounts of capital High-profile investors in India have long aggressively chased growth-stage and late-stage deals, pouring record amounts of capital into the world’s second-largest internet market. But …

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Bicycle-sharing startup MYBYK gets USD 1 mn funding from investors

This is the maiden round of funding for the Ahmedabad-headquartered and bootstrapped startup.   Funding from investors Gujarat-based bicycle-sharing startup MYBYK has raised USD 1 million in pre-Series A funding from Avon Cycles and other investors, including Sanjay Baweja, ex-CFO, Flipkart, an official release from the company stated here on Wednesday. Use the Funding MYBYK will …

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