Startup news and updates: Daily roundup (November 20, 2024)

FUNDING NEWSTaqtics raises $1.2M in seed fundraiseTaqtics, a SaaS platform for retail and restaurants, has raised $1.2 million in seed funding led by Sprout Venture Partners and Capital-A.“With this funding,…

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NBFC-Factor India Factoring to leverage Yubi’s tech stack to power trade finance

End-to-end debt lifecycle company Yubi Group has partnered with trade finance company India Factoring to expand cross-border trade receivables financing for Indian SMEs. The collaboration aims to enhance the NBFC-Factor's…

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Q-commerce logistics startup Blitz raises Rs 40 Cr in Series A round led by IvyCap Ventures

Blitz, a quick commerce logistics enabler, has raised Rs 40 crore in a Series A round led by IvyCap Ventures Advisors Private Limited. Existing investors India Quotient and Alteria Capital,…

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Sebi mulls stricter rules for SME IPOs; proposes raising minimum application size

Markets regulator Sebi on Tuesday proposed stricter rules for SME IPOs by setting a minimum issue size for companies going public, doubling the minimum application size and introducing a "draw…

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Follow KYC guidelines or face regulatory action: RBI deputy governor to banks

The RBI Deputy Governor, Swaminathan J, has asked banks to follow KYC guidelines with both "precision and empathy", failing which regulatory actions will be taken against them by the central…

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Building future-ready edtech ventures: Insights from iStart Inspire workshop

The Indian edtech landscape has evolved dramatically, moving beyond traditional classrooms to embrace AI-powered learning platforms and personalised digital experiences. With the sector projected to reach $29 billion and growing…

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Mayank Bidawatka’s Billion Hearts raises $4M in seed funding round led by Blume Ventures

Former Koo Co-founder Mayank Bidawatka’s Billion Hearts Software Technologies Pvt Ltd has secured ~$4 million in a seed funding round led by Blume Ventures. The round also saw participation from…

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