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Acquisitions

(Updated) Nazara Concludes majority stake acquisition in Kiddopia

Please note that this is an updated story inclusive of updated information. The story was originally filed on Thursday, 16th July. Nazara Technologies Limited has finally completed its majority stake…

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Prabhjeet Singh will be Uber’s new India & South Asia President

Uber on Thursday announced that it has appointed Prabhjeet Singh as the new President of India and South Asia. Singh will eventually replace Padeep Parameswaran, who was promoted last month…

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Startup – Morning News Updates & Scoops

The world experienced Twitter’s biggest meltdown moment on Wednesday after Twitter accounts of several prominent users like Barack Obama, Elton Musk, Bill Gates, Joe Biden, Warren Buffet and many others…

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Funding News

Google all set to pick 7.7% stake in Reliance Jio for INR 33,737 Crore

Reliance Industries on Wednesday held its 43rd Annual general meeting in Mumbai. At the time of uploading this news, Reliance Industries’s MD Mukesh Amabani was still giving his speech at…

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Acquisitions

Unacademy acquires K12 Learning platform Mastree for $5Mn

Unacademy on Tuesday announced that it has led a strategic investment of $5Mn to acquire a majority stake in Mastree. Mastree is a leading K12 learning platform and the latest…

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Funding News

Walmart infuses fresh Capital of $1.2 Bn to increase stake in Flipkart

Walmart has infused fresh $1.2 Bn in its subsidiary firm and India’s homegrown e-commerce giant Flipkart. The fresh capital infusion round has valued Amazon’s India rival at approximately $24.9 Bn.…

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Wakefit to Invest Rs 15 crore for disrupting home solution space

Sequoia backed sleep and home solution startup Wakefit has decided to go full throttle for an aggressive expansion, after the company announced on Tuesday that it will invest another INR…

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Funding News

Group Health Insurance startup Plum raises Seed Funding

Bengaluru based Health Insurance startup, Plum, has raised INR 7 Crores in a seed funding round. Incubate Fund spearheaded the round while the round also participation from Gemba Capital and…

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LetsVenture’s Investment Spree Continues despite Covid-19 Crises

It has been so far a pretty good year for early stage & angel investment platform LetsVenture. This may sound bit surreal to hear considering how Covid-19 crises has thrown…