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policybazaar
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Online insurance aggregator PolicyBazaar raises $77 million led by Wellington Management Firm

Gurgaon-based online policy aggregator PolicyBazaar, owned and operated by EtechAces Marketing and Consulting has raised $77 million in the latest funding round led by global asset management firm Wellington Management, private equity firm True North and IDG Ventures India. Post the funding round, the company is now valued at around $500 million. A number of existing investors…
October 13, 20170Comments

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Hyperloop one
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Hyperloop One becomes Virgin Hyperloop One post investment from Virgin Group founder Richard Branson

Hyperloop One has raised an undisclosed amount from Virgin Group founder Richard Branson post which the company has changed its name to Virgin Hyperloop One. Richard Branson is also associated with other high-tech future transportation ventures like Virgin Galactic. Though the name of the company has changed, its objectives are still the same. Its aim is to…
October 13, 20170Comments

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Tata_Teleservices’
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Bharti Airtel All Set to Acquire Tata Teleservices’ Mobile Business: Report

Airtel to buy Tata Teleservices’ Mobile Business. India’s largest mobile service provider Bharti Airtel is all set to acquire Tata Teleservices' losing making mobile business. Although the acquisition will be done on a debt-free cash-free basis, but this still marks one of the biggest deals in Indian telecom history and also Tata’s unceremonious exit from mobile…
October 12, 20170Comments

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Bitcoin
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Bitcoin Price Hits Lifetime High – Smashes Above $5,100 Barrier

Bitcoin price soars to lifetime high. Bitcoin’s price soared to an all-time high on Thursday as global investors continue to pour money in the popular cryptocurrency. Bitcoin price touched $5,167.90 in early trade on Thursday, according to data furnished by industry website Coindesk. With today’s record breaking trading, the popular cryptocurrency surpassed the previous high of…
October 12, 20170Comments

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cyber_security
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Cyber security startup Attivo Networks Raises $21 Million in Series C Round

cyber security startup Attivo Networks raises fresh funds. California based cyber security startup Attivo Networks, which specializes in using deception technology to thwart cyber-attacks, has secured $21 million in fresh round of funding. The funding was led by Trident Capital Cyber security, while Omidyar Technology Ventures & Bain Capital Ventures were other investors that participated in…
October 11, 20170Comments

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Sodexo partners with Grofers to ameliorate the process of payment on delivery

Sodexo, the leader in employee motivation & benefits services, today announced an innovative solution in partnership with Grofers. Employee motivation and benefits service provider, Sodexo, has launched an IVR-based payment solution that will facilitate users having Sodexo Meal Cards to pay for groceries and other food items on delivery. 3 million daily users benefit from Sodexo meal…
October 11, 20170Comments

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News

Ola raises $1.1 billion led by Tencent to pump its ride-hailing war with Uber

India' largest ride-hailing service and San Francisco-headquartered Uber's prime competitor Ola has raised $1.1 billion from Chinese composite organization Tencent, Japan's Softbank and a few other existing investors. This is the largest funding round since the company's kickoff in 2010. This is the first major raise since November 2015 when the online transportation network company…
October 11, 20170Comments

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