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[Funding alert] Skillmatics raises $6M in Series A round led by Sequoia India

Skillmatics, a Mumbai-headquartered full-stack direct-to-consumer brand for educational products and games for children, has raised $6 million in Series A funding led by Sequoia Capital India. 

The round also includes participation from Jalaj Dani Family Office and existing angel investors. 

Govt proposes ban on mis-selling, fraudulent flash sales on ecommerce platforms; seeks public comments

The Centre on Monday proposed amendments to the Consumer Protection (Ecommerce) Rules, 2020, and sought public comments on banning fraudulent flash sales and mis-selling of goods and services on ecommerce platforms, and also on making registration of these entities mandatory with DPIIT.

[Funding alert] Micro-insurance startup Bimaplan raises $2.5M in pre-Series A round

Mumbai-based insurance platform Bimaplan has announced that it has raised $2.5 million as part of its pre-Series A round, taking the total funding raised by the startup to $3 million. The round saw participation from global VC funds Amino Capital, Goodwater Capital, Acequia Capital, and EMVC, and angel investors Gokul Rajaram of Doordash, Arjun Sethi of Tribe Capital, Ashish Dave of Mirae Asset Venture Investments, and others.

The record-breaking vaccination numbers gladdening; vaccine strongest weapon to fight Covid: PM

With a record number of Covid vaccine doses administered on Monday, Prime Minister Narendra Modi lauded the feat as “gladdening” and asserted that vaccine remains the strongest weapon to fight the disease.

The prime minister had earlier appealed to people to get vaccinated to strengthen the fight against the pandemic as the central government has made free Covid vaccination available to all adults.