Facebook Partners With Indifi To Provide Easy, Collateral-free Loans To SMBs
Facebook India has launched a ‘Small Business Loans Initiative’ programme and partnered with online lending platform Indifi to provide easy, collateral-free loans to small and medium businesses (SMBs). The announcement was made…
Government To Scale Up Network of Incubators And Accelerators To Encourage Startups
Ashwini Vaishnaw, Minister for Electronics and IT, on the occasion of `Azadi Ka Amrit Mahotsav’, said the government is committed to scaling up the network of incubators and accelerators massively…
Report: PE/VC Investments Reach All-time High Of $9.5B In July 2021
According to a report by industry lobby IVCA and consultancy firm EY on monthly PE/VC investment activity, investments by private equity and venture capital funds doubled to a record high…
Indian Crypto Startup Polygon, Hermez Network To Merge Tokens
Indian Crypto startup Polygon has announced that it will merge with Hermez, a zero-knowledge (ZK) cryptography-based scaling project, in a $250 million deal, making this the first full-blown merger of…
Pravin Jadhav’s Raise Financial Services Acquires Moneylicious Securities
Raise Financial Services, a startup founded by Serial entrepreneur Pravin Jadhav, has acquired Mumbai-based stock broker Moneylicious Securities. Post the acquisition, Moneylicious Securities will now operate as a fully-owned subsidiary…
Agritech Startup Unnati To Hire 300 Employees, Plans To Increase uStores Across India
Unnati, a fintech powered agritech startup, has announced plans to expand its team size by adding 300 additional employees to its current 199-strong team by FY22. As per the startup,…
BYJU’S Acquires Bengaluru-based AR Startup Whodat
Edtech giant BYJU’S has acquired Bengaluru-based computer vision and AR startup Whodat for an undisclosed sum, taking the total number of its acquisitions this year to seven. Following the transaction,…
Gurugram-based Healthtech Startup Meddo Acquires Doxper
Just a month after raising a pre-Series A round of $6 million, Gurugram-based healthtech startup Meddo has acquired Mumbai-based Doxper in a cash and stock deal. Founded by Shailesh Prithani, Randeep Singh and…
Report: Indian SaaS Industry Expected To Record 5x Growth Over Next Five Years
According to the joint study by venture capital firm Chiratae Ventures and management consultancy firm Zinnov, the Software as a Service (SaaS) industry in India is expected to grow by 5x over the next five years.…
9Unicorns Launches Student Fund, Plans To Invest Up To $75K Per Startup
VC firm 9Unicorns has announced that it is launching a student-focused VC fund known as campus fund, university fund, or student capital. According to a press statement, the fund would enable…