Indian Startups Raise Over $447 Million in Funding: Highlights from Last Week
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Among these, nine deals were classified as growth-stage, while 11 were considered early-stage, with two transactions kept undisclosed, as highlighted in the report.
Maruti Suzuki Ventures into AI Realm with Investment in Amlgo Labs
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With a substantial investment exceeding Rs 1.99 crore, Maruti Suzuki secures a significant equity stake of over 6.44 percent in this innovative venture.
India's Private Equity Landscape Shows Persistent Growth: Report Findings
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Shanthi Vijetha, Partner, Growth at Grant Thornton Bharat, commented on the stability observed in India's deal market amidst global turbulence. While M&A activity experienced a notable decline in value, PE investments continued their upward trajectory, albeit with reduced figures. Looking ahead, despite short-term volatility, Vijetha expressed optimism in India's strong fundamentals and economic recovery, which are expected to bolster investor confidence.
IndiGo Co-Founder Rakesh Gangwal's 5.83% Stake Sale Fetches Rs 6,785 Crore
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This decision to reduce his shareholding was initially announced back in February 2022, following a contentious dispute with fellow co-founder Rahul Bhatia concerning perceived corporate governance issues within the company.
Zeno Health Secures $25 Million in Funding for Healthtech Innovation
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The funding infusion is earmarked to bolster Zeno Health's outreach efforts, expand its market presence, and fortify its technological infrastructure. Siddharth Gadia, CEO and Co-founder of Zeno Health, reiterated the company's commitment to reaching and serving 1 crore consumers monthly, with the ambitious goal of slashing healthcare expenditure by 50 percent.
Anupam Mittal's Jab at Ashneer Grover: 'The Shark Who Lost His Bite
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At 'The Rage Room,' individuals are provided with a safe and controlled environment to release their stress and frustration through controlled destruction, offering a therapeutic outlet for emotional release.
Shark Tank India Season 3: D'chica Secures Rs 80 Lakh Deal for Puberty Essentials Targeting Teen Girls
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Taking the stage to propel D’chica to greater heights of success, its co-founders, Richa Kapila and Vani Chugh, hailing from Delhi, made their debut on the business reality show.
TCPL Announces Acquisition of Capital Foods and Organic India; Joint Valuation Reaches Rs 7,000 Crores
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TCPL, a Tata Group company, will acquire 100% equity shares of Capital Foods, known for brands like Ching’s Secret and Smith & Jones, at an enterprise valuation of Rs 5,100 crore.
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