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DroneAcharya Bags Order From Alter Dynamics

India, May 3 -- Dronetech company DroneAcharya Aerial Innovations has bagged an order of drones worth INR 53 Lakh from Alter Dynamics & Artificial Intelligence. The drones will be used for the inspec... Read More


Ranjan Pai, Axis Bank In Talks To Invest In Gold Loan Startup Rupeek

India, May 3 -- Manipal Group chairman Ranjan Pai's investment office Claypond Capital and Axis Bank are in early discussions to invest in gold loan startup Rupeek. The round will likely see the valu... Read More


Go DESi Bags INR 41 Cr To Commercialise Age-Old Indian Treats, Confectionery Food Items

India, May 2 -- Go DESi, a startup which offers packaged Indian treats and sweets, has raised INR 41 Cr (around $4.9 Mn) in an undisclosed funding led by Aavishkaar Capital. The round also saw partic... Read More


Freshworks Buys Device42 For $230 Mn Amid Top-Level Rejigs

India, May 2 -- Nasdaq-listed SaaS major Freshworks has entered into a pact to acquire Delaware Corporation's Device42 for $230 Mn (approximately INR 1,919.7 Cr). In an SEC filing, Freshworks said th... Read More


Fresh From Farm Bags Funding To Offer Retailing Solutions To Fruit Sellers

India, May 2 -- Fresh From Farm, a startup which offers organic fruits and vegetables, has secured $2 Mn in a Pre-Series A funding round led by Inflection Point Ventures and angel investor Ashish Kach... Read More


Stride Ventures Closes Fund III At $165 Mn, Ready To Deploy Dry Powder Across Sectors

India, May 1 -- Venture debt firm Stride Ventures has announced the final closure of its Stride Ventures India Fund III at $165 Mn, with support from a diverse mix of investors, including Insurance co... Read More


Gold Loan Disbursals Via Fintechs: RBI Cautions Banks, Asks For Corrective Actions

India, May 1 -- The Reserve Bank of India (RBI) has cautioned banks on gold loan disbursals being made through fintech startups. As per ET's report, the central bank has expressed concerns about the ... Read More


PE Firm ChrysCapital Closes $700 Mn Continuation Fund, To Maintain Stake In NSE

India, April 30 -- Private equity (PE) firm ChrysCapital on Tuesday (April 30) said it has closed its $700 Mn Continuation Fund. The fund was anchored by US-based HarbourVest Partners and European fun... Read More


NPCI Planning Lower Interchange Fee To Boost Credit Adoption On UPI

India, April 30 -- In an effort to drive the adoption of credit on the Unified Payment Interface (UPI), the National Payments Corporation of India (NPCI) is exploring an interchange fee structure lowe... Read More


Assert AI Secures INR 30 Cr To Offer Integrated AI-Powered B2B Solutions

India, April 29 -- Enterprisetech startup Assert AI has secured INR 30 Cr (around $4 Mn) funding in a Series A round co-led by Latent View's Ramesh Hariharan, ICICI Venture's Prashant Purker, Arya.ag ... Read More