KreditBee closes second tranche of its $200M Series D round

Bengaluru-based KreditBee raised the second tranche of $100 million of its $200 million Series D funding from private equity investor Advent International. Avendus Capital acted as the exclusive financial advisor on…

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Over 200M Twitter users’ email addresses leaked, says researcher

Hackers have leaked a database containing over 200 million Twitter users’ email addresses and other unique records on a hacker forum, according to a security researcher.The database was “circulating heavily”…

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Startup news and updates: daily roundup (January 6, 2023)

Zamit’s edtech marketplace to onboard more than 1 lakh users 2024A marketplace for education-related supplies, Zamit, has plans to onboard more than 1,00,000 users including students, parents, and teachers over…

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Govt, RBI in discussion with South Asian countries for cross-border rupee trade

Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday said the government and the central bank are in discussion with South Asian countries to have cross-border trade in the…

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Govt to release first advance economic growth estimates for FY23 on Friday

The National Statistical Office will release the first advance estimates of economic growth for 2022-23 on Friday evening, three weeks ahead of the presentation of the Union Budget in Lok…

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Walmart pays most of tax bill arising from shifting of PhonePe headquarters to India

US retail giant Walmart has paid the taxes arising from the shifting of the headquarters of PhonePe to India.Digital payments company PhonePe, in which Walmart has a majority stake following…

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