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| Jan 01, 1970 | Daily Report |
| RISING BHARAT | News Count (102251) | |
22131. रिलायंस रिटेल में 1.4% की हिस्सेदारी खरीदेगी मुबाडाला, 6247.5 करोड़ रुपये करेगी निवेश
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NBT
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- रिलायंस रिटेल वेंचर्स लिमिटेड को चौथा बड़ा निवेशक मिल गया है। आबूधाबी की मुबाडाला इन्वेस्टमेंट कंपनी ने इसमें 6,247.5 करोड़ रुपये निवेश करने का फैसला किया है।
- इस निवेश के जरिए मुबाडाला कंपनी रिलायंस रिटेल में कुल 1.40 फीसदी की हिस्सेदारी खरीदेगी। रिलायंस में मुबाडाला कंपनी की ओर से किया गया ये दूसरा बड़ा निवेश है।
- इससे पहले इसी साल मुबाडाला कंपनी ने रिलायंस के जियो प्लेटफॉर्म्स में भी 1.2 अरब डॉलर का निवेश किया था
22132. This Delhi-based startup is a digital mall for logistics services
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- Zipaworld, a startup founded by Ambrish Kumar, has already scaled up to over 40 customers in less than a year of operations.
- Zipaworld was founded by Ambrish Kumar in early 2020. "Primarily, the increasing logistics and supply chain cost, which is almost 14.5 percent of the GDP in India, compels for integration and digitalisation of the processes offering single window solutions,” he says.
- The pandemic compelled many organisations and sectors to embrace technology for business continuity and remote working. The expansive logistics industry was yet to fully adapt to technological advancement - which was the sheer need of the hour.
22133. Japanese tech firm NTT to invest $2B in India for setting up data centres
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- Japanese company NTT aims to invest $2 billion in India for building data centres over the next four years. A part of this commitment will help build solar and wind power generating facilities.
- Japanese company NTT on Wednesday said it would invest $2 billion (over Rs 14,000 crore) in India to build data centres. Sanghi said a part of the commitment would be invested in building solar and wind power generating facilities because the company was committed to having its own captive power generation capabilities from renewable power at the same level as the consumption requirement in five years.
- The company will look at acquisition opportunities "opportunistically", and any such move would lead to the overall investment going above $2 billion, Sharad said.
22134. 69 startups registered in J&K under Startup India scheme.
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Startups in Bharat
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India
The Economic Times
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- As of now, the J&K government is focussing on sectors such as food processing, agriculture, renewable energy, handicrafts and handloom for promoting startups.
- The Government of India has announced a Rs 945-crore Startup India Seed Fund Scheme which will be operational from April 1, 2021, to 2025 to promote and boost the startup ecosystem across the country
- In the same light, the Jammu & Kashmir administration is working to encourage startups and foster innovation, thereby creating jobs and boost the economy,
22135. [Funding alert] Log analytics platform Coralogix raises $25M in Series B round
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- The funding will be used by the Israel- and Mumbai-based company to strengthen its local presence in India. Israel- and Mumbai-based Coralogix, provider of ML-powered log analytics and monitoring solution, on Thursday announced that it has raised a $25 million Series B funding round, bringing the company's total amount raised to $41.2 million.
- New investors such as Red Dot Capital Partners and OG Tech VC (backed by Eyal Ofer) co-led the round with participation from existing investors Aleph VC, StageOne Ventures, Janvest Capital Partners, and 2B Angels. Barak Salomon of Red Dot Capital Partners and Roy Oron of OG Tech Partners will join the board of directors.
- Along with the funding, the company also announced the launch of its real-time analytics solution. The announcement comes on the heels of Coralogix’s recent expansion into India. The company recently established its office and operations in the region and provides local customers with local Amazon Web Services (AWS) regional server support and data storage capabilities. The funding and new analytics solution will help further establish Coralogix's local presence and help better support its local customers.
22136. नया निवेश:रेजर-पे को मिला 731 करोड़ रुपए का निवेश, देश की पांचवीं फिनटेक यूनिकॉर्न बनी कंपनी
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Dainik Bhaskar
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- अनअकेडमी, पोस्टमैन, नाइका और जिरोधा भी इस साल यूनिकॉर्न क्लब में शामिल हो गई हैं भारत में रेजर-पे के अलावा 35 से अधिक स्टार्टअप यूनिकॉर्न हैं
- पेमेंट गेटवे कंपनी रेजर-पे ने निवेशकों से 10 करोड़ डॉलर यानी 731 करोड़ रुपए जुटाए हैं। इसमें सिंगापुर के सॉवरेन वेल्थ फंड जीआईसी तथा सिकोया कैपिटल इंडिया सहित अन्य निवेशक शामिल हैं। नए निवेश के बाद कंपनी का मार्केट वैल्यूएशन एक अरब डॉलर से अधिक आंकी गई है। रेजर-पे में निवेश की जानकारी कंपनी ने सोमवार को दी।
- कंपनी में कुल 1300 कर्मचारी कार्यरत हैं। जो नियो-बैंकिंग बिजनेस रेजरपे-एक्स और लेंडिंग बिजनेस रेजर-पे कैपिटल के लिए काम कर रहे हैं। इन दोनों को 2018 में लॉन्च किया गया था। रेजर-पे कैपिटल प्रत्येक महीने 250 करोड़ रुपए का कर्ज वितरित करती है। इसमें 7 से 10 रुपए का कर्ज 3-6 महीने की अवधि के लिए दिया जाता है।
22137. [Startup Bharat] Meet Twelfth Man, India's first fantasy football app promoted by Sunil Chhetri
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- Ahmedabad-based startup NxGn Sports Interactive runs Twelfth Man, a football-only fantasy gaming platform. Riding on the brand appeal of India’s football captain Sunil Chhetri, it got three lakh users in nine months.
- When Boston University graduate Kush Desai returned to India in May 2019, fantasy gaming was hot property. India had just got its first gaming unicorn in Dream11, the 12th season of the IPL was a roaring success, and online gaming was one of the fastest-growing segments of consumer internet.
- I’ve been playing fantasy football since Class 8 or 9, and had an idea of what a platform should look like. The goal was to help grow the football fan-culture in India as fantasy gaming was picking up
22138. [Funding alert] Ultraviolette Automotive raises from GoFrugal Technologies as part of ongoing Series B round
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- Earlier in September 2020, Ultraviolette Automotive raised Rs 30 crore by the leading two-wheeler and three-wheeler manufacturer TVS Motor Company, as a part of its ongoing Series B funding.
- Bengaluru-based startup Ultraviolette Automotive on Monday announced that it has raised an undisclosed amount as part of its ongoing Series B round led by Kumar Vembu, CEO of GoFrugal Technologies.
- Earlier in September 2020, Ultraviolette Automotive raised Rs 30 crore by the leading two-wheeler and three-wheeler manufacturer TVS Motor Company, as a part of its ongoing Series B funding.
- At Ultraviolette Automotive, our ambition has always been to create a visible and tangible impact in the personal mobility industry, by developing products and solutions that are indigenously built, technologically disruptive and that reflects the unlimited potential for innovation across every aspect of design engineering
22139. [Funding alert] BASIC Home Loan raises $500K in seed round from Picus Capital
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- With support from Picus Capital's funds and ecosystem, the Gurugram-based startup’s focus will be on changing the way Bharat (India) finances its affordable homes.
- BASIC Home Loan, a Gurugram-based startup developing a platform for automating home loans for middle and low-income households in India, has raised a $500,000 Seed round from Picus Capital, a Germany-based early-stage technology investment firm.
- Founded in 2020, BASIC Home Loan's vision is to digitise the home loans process and increase affordable loans penetration for mid-and low-income households in India. It aims to use the 'Phygital' approach in creating a network of agents who utilize its technology in handholding consumers, from 'research' to 'final disbursement' of home loans.
22140. [Funding alert] GetVantage raises $5M in seed round led by Chiratae Ventures and Dream Incubator
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- GetVantage, a fintech platform pioneering revenue-based financing, will use the funding to empower India’s young ecommerce brands and burgeoning D2C sector and help them achieve their scale and profitability targets sustainably.
- GetVantage, a Mumbai-based fintech platform pioneering revenue-based financing (RBF) for ecommerce and online businesses across India and Southeast Asia, on Tuesday announced that it had raised $5 million in a seed round.
- GetVantage’s portfolio includes brands across ecommerce and direct-to-consumer (DTC) categories, including edtech, e-learning, B2B SaaS and subscription-based services, personal care, home care, health foods, and fashion and apparel.