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Pharmeasy parent joins unicorn club at a valuation of $1.5 billion

Investors including Prosus Ventures and TPG Capital will lead the funding round.Prosus Ventures' portfolio includes Swiggy, Byju's, Meesho, and DeHaat.The $350 million funding round...

PayPal joins hands with FlexiLoans to provide collateral-free term loans

Through this partnership, PayPal and FlexiLoans will work together to offer collateral-free term loans to MSMEs and freelancers'.The partnership aligns with PayPal's mission to...

Netherlands-based FMO leads $15 million funding in Lendingkart’s NBFC arm

The six-year-old startup will use the funding to expand its product presence through its digital lending platform.Lendingkart had previously raised Rs 319 crore from...

Flipkart and Mahindra Logistics will work together to accelerate adoption of EVs in last-mile delivery

Through this partnership, Mahindra Logistics will help Flipkart in deploying electric vehicles in its supply chain with enhanced technology supports.Mahindra Group's logistics arm EDEL...

Sequoia-backed CRED joins Unicorn club at a valuation of $2.2 billion

Kunal Shah's fintech startup CRED has raised $215 million in new funding round at a valuation of $2.2 billion.Investors including Falcon Edge Capital, Caotue...

Augmented Reality Startup Playshifu raises $17 million from Inventus Capital India

The startup has raised fresh funding of $17 million in Series B funding round led by Capital India with Inflexor Ventures joining as a new investor.The company could get established after getting a good response from the target audience for its three series products- Orboot, Plugo, and Tacto.

Foodtech major Swiggy nears $5 billion valuation after $800 million fundraise

Investors including Falcon Edge Capital, Goldman Sachs, Amansa Capital, Think Capital, participated in the funding round.Recently, Swiggy has allotted equity shares to its leadership...

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