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    Flipkart Co-founder Sachin Bansal steps down from Ujjivan Small Finance board

    Flipkart co-founder Sachin Bansal has resigned as an independent director from Ujjivan Small Finance Bank. Sachin said this was in the interest of propriety and corporate governance as he has applied with the Reserve Bank of India (RBI) for a universal banking licence.In an intimation to the stock exchanges by Ujjivan Small Finance Bank, Sachin Bansal stated, “I...

    • 38 min ago
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    OnePlus to open 100 experience stores across India

    Premium smartphone maker OnePlus has partnered with distributors Subham Ventures and DSS Enterprise to strengthen its retail footprint across the country.In a statement on Tuesday, the company said it aims to open 100 experience stores across 50 cities this year.DSS Enterprise and Subham Ventures currently have 130 and 100 retail stores respectively in Tamil Nadu, it said.Image: OnePlusOnePlus...

    • 13 hrs ago
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    [Funding alert] CureSkin raises $500k led by SenseAI Ventures

    Bengaluru-based healthcare startup CureSkin has raised $500k in funding led by SenseAI Ventures. The healthcare startupprovides a treatment solution for skincare and hair fall issues with an artificial intelligence-enabled solution through mobile devices.CureSkin was founded by two ex-Google employees Guna Kakulapati and Rama Rajanna, and dermatologist Charu Sharma in 2017. Guna is an...

    • 13 hrs ago
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    [Funding alert] SaaS startup Uniplatform Tech raises undisclosed amount from Frontline Strategy Funds, SucSEED Ventures, others

    B2B tech-enabled multiplier platform Uniplatform Tech has raised an undisclosed amount from Frontline Strategy Finds, SucD Venture Partners LLP and other investors. Uniplatform Tech runs real estate SaaS platform MultiplyMyLeads.com. According to a statement issued by the company, Uniplatform will utilise the funds to...

    • 17 hrs ago
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    [Funding alert] B2B packaging marketplace Bizongo raises $30M in Series C funding

    B2B packaging marketplace Bizongo recently announced its Series C investment of $30 million led by Switzerland-based hedge fund Schroder Adveq. Existing investors B Capital, Accel, Chiratae Ventures and IFC also took part in the financing round. Earlier, Bizongo had raised $22 million as part of its Series B financing round in 2018 led by B Capital and...

    • 17 hrs ago
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    [Funding alert] Consumer lending startup MoneyTap secures Rs 500 Cr in new equity and debt round

    Consumer lending startup MoneyTap on Monday announced that it had secured funding of Rs 500 crore as a part of an equity and debt round.   The Series B equity round is led by global funds, including Aquiline Technology Growth (ATG), RTP Global and Sequoia India, along with some Korea and Japan-based investors. Existing investors Prime...

    • 18 hrs ago
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    [Funding alert] InterviewBit raises $20M in Series A led by Sequoia India and Tiger Global

    Bengaluru-based InterviewBit, a Surge 01 startup, has raised $20 million in a Series A financing round led by Sequoia India and Tiger Global.The company recently launched Scaler Academy, an online computer science programme for college graduates and young professional software engineers. InterviewBit will use the funding to scale up enrolment and launch in...

    • 20 hrs ago
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    [Funding alert] Intercity bus startup YOLO raises seed funding of $600,000

    Gurugram-based intercity transportation startup YOLO has raised $600,000 as seed funding from an undisclosed VC Firm and a couple of angel investors. YOLO said the funds would be used to invest across territory expansion plans, technology, and marketing strategies. The company’s primary focus is to expand its full-stack bus services across the southern part of the...

    • 20 hrs ago
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    Ex-Flipkart exec Sanjiv Saddy joins Ola as SVP of Corporate Affairs

    Ride hailing platform Ola has named former Flipkart executive Sanjiv Saddy as its Senior Vice President for Corporate Affairs."Sanjiv will be responsible for building deep relationships with key authorities, government agencies, and other related stakeholders and in closely engaging and working with them as a business," Ola co-founder and CEO Bhavish Aggarwal said in an...

    • 20 hrs ago
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    Paytm Payments Bank to help identify rogue apps that could trigger fraud transactions

    Paytm Payments Bank Ltd (PPBL) on Monday said it has added a new feature that analyses "rogue" apps on user devices that may trigger fraudulent transactions and advises users to uninstall such apps.It is also leveraging artificial intelligence to immediately identify and block suspicious activities, and is undertaking periodic awareness drives...

    • 22 hrs ago

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