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Reliance To Launch Ajio Street To Cater Low-Priced Fashion

Reliance Industries is launching a new marketplace model for low-priced, longtail fashion items called Ajio Street. It will work on a zero commission model,...

Verlinvest-Backed V3 Ventures Launches India Ops

V3 Ventures, an early-stage venture capital fund backed by international investment company Verlinvest, has launched operations in India and plans to invest up to...

Sequoia-Backed Capillary Technologies Acquires SaaS Co Brierley

SaaS startup Capillary Technologies has acquired US-based Brierley, a customer-centric loyalty program provider, for an undisclosed amount. This acquisition marks Capillary's fifth acquisition and...

Many Indian Startups To Go Bust In The Funding Winter, Says Vinod Khosla

Indian-origin Silicon Valley veteran Vinod Khosla, the funding winter in India will lead to the failure of "not-so-good" startups, which will not receive funding...

SaaS Platform Spendflo Bags $11 Mn To Expand Footprint

Spendflo, a Software-as-a-service (SaaS) platform, has raised $11 million in Series A funding round led by Prosus Ventures and Accel. The startup plans to...

PhonePe Launches Ecommerce Consumer App Pincode On ONDC Platform

PhonePe has launched a new hyperlocal shopping app called Pincode that is built on the Centre’s Open Network for Digital Commerce (ONDC) platform. The...

InsuranceDekho Acquires Sequoia-Backed SME Insurance Platform Verak

InsuranceDekho, the insurance arm of CarDekho, has acquired Sequoia and LightSpeed-backed SME insurance distribution company Verak. The deal comes just over a month after...

SVB Collapse May Further Reduce Availability Of Global Funds

Reserve Bank of India (RBI) has informed a parliamentary panel that the collapse of Silicon Valley Bank (SVB) may further reduce the availability of...

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