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Rapido secures 125 crore funding to expand into food delivery and fintech
Rapido is set to raise ₹125 crore from Nexus Ventures as part of its strategy to expand into food delivery and fintech sectors. This funding will support the company's growth initiatives and enhance its service offerings in these emerging markets.
Momo secures 85 crore INR in debt financing from Stride Ventures
Wow! Momo has successfully raised INR 85 crore in debt financing from Stride Ventures. This funding will support the company's growth initiatives and expansion plans in the competitive market.
flick tv secures 2.3 million dollars for india's first micro-drama platform
Flick TV has successfully raised $2.3 million in seed funding to develop India's first micro-drama OTT platform. This innovative venture aims to cater to the growing demand for short-form content in the Indian entertainment landscape. The funding will support the platform's launch and content creation efforts.
India holds 10830 GW of untapped solar energy potential
India possesses an astonishing 10,830 GW of solar energy reserves, highlighting a significant untapped capacity for renewable energy generation. This vast potential underscores the country's opportunity to enhance its energy infrastructure and contribute to global sustainability efforts.
India to support Shein's global growth as China supply chains shift
India is set to play a crucial role in Shein's global expansion as the company shifts its supply chain away from China. This strategic move aims to enhance Shein's market presence and operational efficiency in response to changing global dynamics.
khari foods secures 3 crore funding to enhance healthy snacking in india
Khari Foods has successfully raised ₹3 crore in a seed funding round aimed at expanding its healthy snacking offerings across India. This investment will support the company's growth strategy and enhance its market presence in the burgeoning health-conscious consumer segment.
Meesho transitions to public entity ahead of initial public offering
Meesho has transitioned into a public entity as it prepares for its upcoming IPO. This significant move marks a pivotal moment for the company, positioning it for growth and increased visibility in the market. The shift reflects Meesho's strategic plans to expand its operations and reach.
Byju's sells American assets Epic and Tynker at a low price
Byju’s has sold its American assets, Epic and Tynker, at a significantly reduced price. This move reflects the ongoing challenges faced by the edtech giant in the competitive market. The sale raises questions about the future direction of Byju’s and its strategic priorities.
India and Vietnam emerge as key markets for tech production resilience
S&P Global identifies India and Vietnam as crucial markets to mitigate risks associated with US tariffs on personal computer and smartphone production. This strategic focus highlights the growing importance of these countries in the global tech supply chain.
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