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Biotech Startup Eyestem Raises $6.4 Mn To Build Cell Therapy Products

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08 Aug’22 ,MONDAY The round was led by Biological E. Ltd, Alkem, NATCO, Anurag Bagaria and Karan Bagaria from Kemwell Biopharma Eyestem will use the capital to solidify its cell therapy platform and conduct early clinical trials of its patented product Its patented product called Eyecyte-RPE is an experimental treatment for dry age-related macular degeneration. …

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Wealthtech Startup Dezerv Secures $21 Mn To Offer Customised Investment Opportunities

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08 Aug’22 ,MONDAY Existing investors Matrix Partners India and Elevation Capital also participated in the round Dezerv plans to use the capital to strengthen its user experience, introduce investment opportunities and grow the talent pool Including the current fundraising, Deserve has raised a total of $27 Mn funding to date Wealthtech startup Dezerv has secured …

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Ronnie Screwvala’s upGrad Closes $210 Mn Funding Amid Edtech Layoff Season

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08 Aug’22 ,MONDAY Investors in the round include ETS Global, Bodhi Tree and Kaizen Management Advisors alongside several family offices and existing investors upGrad is looking to increase its headcount to 7,600 from the current 4,800 It is eyeing a revenue of $400 Mn-$500 Mn and taking the students’ headcount to 3 Mn in FY23 …

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AWE Funds Sets Up INR 350 Cr Pool To Back 15 Women-Focussed Indian Startups

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04 Aug’22 ,THURSDAY The fund will invest between INR 3.5 Cr and INR 20 Cr in nearly 15 women-focussed startups So far, the fund has received commitments of INR 130 Cr from marquee Indian and international limited partners and high-net individuals (HNIs) Some of HNIs that have backed AWE’s Funds include Zia Mody from AZB …

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Tiger Global-Backed Packaging Startup Bizongo Secures $25 Mn To Offer Supply Chain And Credit Solutions To Businesses

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04 Aug’22 ,THURSDAY Bizongo will use the capital to expand its footprint in SouthEast Asia and grow its customer base for supply chain business Bizongo’s product offerings include carry bags, material handling equipment, protective packaging, cans, shippers, paper products, bulk packaging and cartons, among others In 2021, it secured $110 Mn in a Series D …

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Burden Of Data Protection Bill Would Have Hurt Startups: Rajeev Chandrasekhar

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04 Aug’22 ,THURSDAY Rajeev Chandrasekhar: Big tech firms would have just hired more lawyers to comply if there was a complicated privacy law The government pulled the PDP Bill on Wednesday (August 3) after a joint parliamentary committee suggested 81 amendments to the bill At a November 2021 event, the additional secretary to the IT …

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Fintech Startup Credit Fair Raises $10 Mn To Offer Customised Lending Solutions To Consumers, Small Businesses

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03 Aug’22 ,WEDNESDAY Capital A, Sattva Family Office, Nitesh Damani of Khel Group and Nikhil Chandra Gupta, Anand Ladsariya, Neeraj Goenka and Alok Agarwal participated in the equity round InCred Finance, Vivriti Capital and Caspian Impact participated in the debt Credit Fair will use the funds to develop technology and enhance customer experience at the …

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Fintech SaaS Startup Bluecopa Raises Funding To Help High-Growth Companies Automate Finance Operations

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03 AUG’22 ,WEDNESDAY Titan Capital, T-Fund, Speciale Invest, Bharat Founders Fund, T2D3, Amplify, and Force Ventures and some individual investors participated in the round Bluecopa will use the fresh funds to improve its platform capabilities, hire talent and grow consumer base The startup helps CFOs and finance teams of high-growth companies get a real-time view …

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EV Startup River Raises $11 Mn To Launch Electric Scooter Next Year

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03 Aug’22 ,WEDNESDAY The round was led by Lowcarbon Capital, with participation from Toyota Ventures River plans to invest the incoming funds in expanding the team and setting up a manufacturing facility near Bengaluru The startup is in talks to raise another $100 Mn and will raise the funds before it starts selling its two-wheelers …

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