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Joseph Rai

Matrix-backed OTO secures venture debt from Stride Ventures

Finance

12 August, 2022

Matrix-backed OTO secures venture debt from Stride Ventures

OTO, an e-commerce platform and two-wheeler vehicle financier, has raised funding from venture debt firm Stride Ventures. According to regulatory filings, ......

Paytm shares fall as investor advisory firm flags Sharma's CEO reappointment, remuneration

Finance

12 August, 2022

Paytm shares fall as investor advisory firm flags Sharma's CEO reappointment, remuneration

Shares of One97 Communications, the parent of Paytm, fell by as much as 5% in early trade on Friday, following ......

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Micelio Fund aims to make first EV financing startup bet

Finance

11 August, 2022

Micelio Fund aims to make first EV financing startup bet

Micelio Fund, a clean mobility-focused venture capital fund, aims to make its first bet in an electric vehicle (EV) financing ......

CleverTap to raise $105 mn in Series D

TMT

10 August, 2022

CleverTap to raise $105 mn in Series D

CleverTap, a business-to-business (B2B) software-as-a-service (SaaS) platform for customer engagement and retention, has signed a definitive pact to raise $105 ......

Blockchain-based gaming platform Lysto raises $12 mn in pre-Series A round

TMT

10 August, 2022

Blockchain-based gaming platform Lysto raises $12 mn in pre-Series A round

Lysto, a platform that seeks to bring gamers and their credentials on-chain, on Wednesday said it has raised $12 million ......

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Lotus Eye Hospital hires banker to scout for buyer

Healthcare

09 August, 2022

Lotus Eye Hospital hires banker to scout for buyer

Mumbai-listed eyecare hospital chain Lotus Eye Hospital and Institute Ltd has hired a banker to look for a buyer, said ......

India's fintech industry to touch $1 trillion in AUM, $200 bn revenue by 2030: Chiratae report

Finance

09 August, 2022

India's fintech industry to touch $1 trillion in AUM, $200 bn revenue by 2030: Chiratae report

India's fintech industry is estimated to grow ten-fold by 2030 to achieve an assets under management (AUM) of $1 trillion ......

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RPSG Capital Ventures marks first exit with 7x returns

Consumer

08 August, 2022

RPSG Capital Ventures marks first exit with 7x returns

RPSG Capital Ventures, an early-stage consumer focused venture capital (VC) firm, has made its first exit from its debut fund ......

Carlyle's CEO Kewsong Lee steps down

People

08 August, 2022

Carlyle's CEO Kewsong Lee steps down

Global private equity firm Carlyle’s Kewsong Lee has stepped down as chief executive officer with immediate effect, the company said ......

IvyCap ropes in Fosun RZ Capital India & Southeast Asia head as managing partner

People

08 August, 2022

IvyCap ropes in Fosun RZ Capital India & Southeast Asia head as managing partner

Venture capital firm IvyCap Ventures on Monday said it has appointed Tej Kapoor as its managing partner.  Prior to this appointment, ......