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Invest-tech Platform dezerv. Raises $7 Mn In Seed Round Co-led By Elevation Capital And Matrix Partners India

Opportunity India Desk Sep 03, 2021 - 4 min read

Investing platform dezerv. on Thursday announced that it has raised $7 million in a Seed funding round co-led by Elevation Capital and Matrix Partners India, with participation from investors such as Whiteboard Capital and Blume Founders Fund. This round also featured leading tech founders including Kunal Shah (CRED), Ramakant Sharma (LivSpace), Asish Mohapatra & Ruchi ...

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Spiritual-tech Company AppsForBharat Raises $10 Mn In Series A Led By Elevation Capital

Opportunity India Desk Sep 03, 2021 - 3 min read

Bengaluru-based AppsForBharat—a spiritual-tech company focused on building apps to serve the spiritual and devotional needs of Indian users—announced on Thursday that it has raised $10 million in a Series A funding round led by Elevation Capital with participation from existing investors Sequoia Capital India and BEENEXT as well as Matrix Partners India. This round also ...

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Home Décor Startup KraftInn Raises Seed Round From NVCL

Opportunity India Desk Sep 03, 2021 - 2 min read

Assam-based home décor startup KraftInn announced on Thursday that it has raised an undisclosed amount in a Seed round from NEDFi Venture Capital Ltd. (NVCL), through its North East Venture Fund. “Climate change is one of the most pertinent issues of our generation and home décor companies need to change how we make things. We ...

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RSH Global Bets Big on Online to Match The Fast-Changing Consumer Expectations

Opportunity India Desk Sep 03, 2021 - 4 min read

The company has pinned up high hopes on the uptick in consumption and ramping up its distribution, sales, and marketing strategy. “We are trying to load up our trade partners much earlier than we usually do. Usually, we do it from mid-September onwards, however, we have started doing this by end of August. We want ...

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Salud Beverages Raises US$ 1.1 mn to Aid its Robust Expansion & Growth Plans

Opportunity India Desk Sep 03, 2021 - 2 min read

D2C Alcoholic beverages start-up or rather urban lifestyle brand Salud Beverages has raised funding worth US$ 1.1 million, as of March 2021. The VC fund, comprising actors and HNIs includes serial entrepreneur and leading actor Rana Daggubati, and former managing director of Microsoft India, Srinivas Koppolu, among others backed by Prasad Vanga’s Anthill Ventures. The fund ...

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Walmart Responds to Continued Growth by Hiring 20,000 Additional Supply Chain Associates

Opportunity India Desk Sep 02, 2021 - 1 min read

Walmart is planning to hire 20,000 workers at its supply chain division and raise wages ahead of the busy holiday season anticipating higher demand. “The roles, which will be a mix of part-time and full-time jobs, would be hired at across more than 250 Walmart and Sam's Club distribution centers, fulfillment centers, and transportation offices,” ...

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Four reasons why electric vehicles are on the rise in the auto industry

Opportunity India Desk Sep 02, 2021 - 4 min read

Electric vehicles are taking over the automobile industry. They are available as an alternative to petrol vehicles for a long time. Traditionally, petrol vehicles worked so well, but growing demand made fossil fuel a scarce thing. Fossil fuels are non-renewable and millions of years to form. This drawback of fossil fuel forced the human race ...

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How Has Technology Changed Education for Future Generations

Opportunity India Desk Sep 02, 2021 - 4 min read

Ed-tech refers to the combination of education and technology. Simultaneously, it also means blending technology with traditional education to enhance its approach. The field of Ed-tech encompasses a wide variety of technological advances, including software, hardware, and internet-based services. Simply put, an ed-tech program or service is an educational or training program designed to provide ...

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Soothe Healthcare Raises INR 100 Cr In Extended Series C Round

Opportunity India Desk Sep 02, 2021 - 3 min read

Soothe Healthcare, a homegrown personal hygiene company, announced on Wednesday completed an investment of INR 100 crore in an extended Series C round led by Gulf Islamic Investments (GII), Northern Arc, and KKR-backed Incred. With this additional round, the company’s total funding stands at a rewarding INR 230 crore, including a recent INR 130 crore Series ...

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Zo World Secures EUR 15 Mn Capital From GEM Group

Opportunity India Desk Sep 02, 2021 - 2 min read

Zo World Limited, a travel startup that is building a decentralized travel marketplace, announced on Wednesday that it had signed an agreement with GEM Global Yield LLC SCS (GEM), a Luxembourg-based private alternative investment group, for a EUR 15 million capital commitment. The brand, a new, independent entity, is a partner of Zostel, a community-led, ...

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