[Funding alert] Blockchain startup Instadapp raises $10M led by Standard Crypto

Hyderabad-based blockchain startup Instadapp on Monday said it raised $10 million in a new funding round led by Standard Crypto, along with Yearn Founder Andre Cronje, DeFi Alliance, and Longhash…

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Private equity and venture capital investments fall in May to $3.6B: Report

Private equity and venture capital investments more than halved to $3.6 billion in May 2021 when compared to the preceding April's $7.5 billion and a third lower than the year-ago…

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Govt invites bids for delivery of COVID-19 vaccines to remote areas by drones

The Indian government has invited bids for the use of drones to deliver COVID-19 vaccines and drugs to remote and difficult-to-reach areas to ensure last-mile coverage in select locations of…

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Bain & Company’s India Private Equity Report 2021 offers key insights into the startup ecosystem

2020 has been a very strong year for private equity in India, with the total deal value north of $60 billion. Aditya Shukla, Partner, Bain & Company, says quite a…

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[Funding alert] B2B marketplace Jumbotail raises Rs 35 Cr in Debt from Alteria Capital

Jumbotail, a Bengaluru-based new retail platform and B2B marketplace for food and grocery products, has raised Rs 35 crore from Alteria Capital. This venture debt round comes after a $25…

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[Funding alert] FMCG distribution platform Dropshop raises Rs 9.3 Cr in pre-Series A led by Inflection Point Ventures

Bengaluru-based one-stop distribution platform for FMCG brands Dropshop on Monday announced that it has raised Rs 9.3 crore in a pre-Series A round led by Inflection Point Ventures. Existing investors…

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[Funding alert] SimpliContract raises $1.8M in seed round led by Kalaari Capital

Bengaluru-based SimpliContract, an AI and SaaS-based contract lifecycle management (CLM) platform, has raised $1.8 million in a seed funding round led by Kalaari Capital with participation from Picus Capital, Arka…

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India natural ally of G7 in defending democracy, freedom of thought, and liberty: PM Modi

Prime Minister Narendra Modi on Sunday said India is a natural ally for the G7 and its partners in defending democracy, freedom of thought, and liberty from a host of…

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