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    The Battle Over 'Pe': BharatPe Knocks Delhi HC Doors To Cancel PhonePe's Trademark For 'Pe'

    BharatPe has filed six cancellation actions against multiple registrations for the "PE" device mark in the Devanagari script by PhonePe Recently PhonePe withdrew an injunction plea against BharatPe filed with the Bombay High Court Their legal tussle dates back to 2018 when PhonePe sent a legal notice to BharatPe seeking the removal of the...

    • 9 hrs ago
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    Fintech Infra Startup Hypto Raises Funds To Democratise Access To Financial Products For Businesses

    Hypto provides companies with APIs that they can use to integrate financial products into their platform The startup's first stack supports payment infrastructure and has already overseen transactions worth over $15 Bn The startup has open-sourced its connectivity layer to attract developers who want to build on the platform Chennai-based...

    • 10 hrs ago
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    SoftBank Backed Policybazaar's IPO To Open On Nov 1 At INR 940-980 Price Band

    At the given price band, the company will raise INR 5,708.64 Cr to INR 5,951.56 Cr The offer will include a fresh issue of up to INR 3,750 Cr Masayoshi-led SoftBank will offload part of its stake in the company through the OFS The much anticipated initial public offering (IPO) of P.B. Fintech, the parent company of Paisabazaar and insurtech unicorn Policybazaar,...

    • 10 hrs ago
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    Vijay Shekhar Sharma, Kunal Shah And 19 Angel Investors Back Edtech Startup Masai School

    Kunal Shah of Cred, IPO-bound Paytm's founder Vijay Shekhar Sharma, Delhivery's Mohit Tandon, Vipin Pathak of Cars24 were among those who invested in the round The company said these investments will help the startup to consolidate long-term partnerships and association with the startup ecosystem.

    • 11 hrs ago
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    MMT's Revenue Soars To $67.8 Mn In Q2FY22; Loss Narrows By 50%

    MakeMyTrip posted a total loss of $2.8 Mn in Q2 of FY22 as compared to $5.6 Mn in Q2 of FY21 MMT saw its revenue grow by 216% from $21.4 Mn in Q2 of FY21 to $67.8 Mn in Q2 of FY22 The company's total expenses dropped by 52.5% from $27.08 Mn in Q2 of FY21 to $12.8 Mn in Q2 of FY22. NASDAQ-listed online travel portal MakeMyTrip has managed to narrow its loss by almost 50% from...

    • 12 hrs ago
  • News

    Chalo Buys Amazon Backed Shuttl, Eyes Premium Bus Services

    Mumbai-based Chalo eyes to accelerate its plans for its international expansion as Shuttl already operates in Bangkok Shuttl had shut down its operations in June 2021 Jointly, Chalo and Shuttl have a presence in 33 cities across 12 Indian states Days after raising $40 Mn in its Series C funding, transport tech startup Chalo has acquired Gurugram-Based app-based bus commute aggregator...

    • 14 hrs ago
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    Bollywood Actress Malaika Arora Backs Ayurvedic Nutrition Startup Kapiva

    The actor will join Kapiva as a strategic investor, brand ambassador and 'wellness mentor' at the Kapiva Academy of Ayurveda Two-third of the Indian rural population reports using ayurveda for primary healthcare needs The Indian ayurvedic products market is expected to be worth INR 71k Cr by 2024 Bollywood actor Malaika Arora has invested in D2C ayurvedic...

    • 15 hrs ago
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    Trentar Acquires 75% Stake In Drone Propulsion Startup Trishula

    Trentar had earlier announced plans to invest INR 100 Cr in drone manufacturing Trishula is a Hyderabad-based drone propulsion technology startup The move comes two months after the Union government liberalised drone rules with the Drone Rules 2021 Trentar Pvt.

    • 15 hrs ago
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    Reddit For NFT Enthusiasts Hyy.pe Raises Funds; To Launch 13 Collections On Platform

    Led by Elevation Capital, the round saw participation from angel investors and founders of startups such as Bankless, Ro Capital, Draftkings, and Sharechat among others Hyy.pe will allow NFT holders to link their holdings on the platform, disclose their reason to buy, and publish stories around the NFT The startup plans to build a social network in the NFT...

    • 17 hrs ago
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    Fino Payments Bank IPO To Open On October 29th At Price Band Of INR 560-577

    The offer would consist of a fresh issue of shares worth up to INR 300 Cr and an OFS of up to 15,602,999 equity shares The company would raise total funds in the range of INR 903 Cr-INR 1,200 Cr It had received the SEBI nod for its IPO on October 1 Over three weeks after receiving SEBI's nod for its initial public offering (IPO), Fino Payments Bank has...

    • 17 hrs ago

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