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Japan’s MUFG readies $250 million India fund as investor mix shifts in startup fundingJapan's MUFG is launching a significant $250 million fund for Indian startups. This new fund will focus on early and growth-stage companies...- MUFG’s new India fund; District goes sportingHappy Tuesday! Japan’s MUFG is doubling down on India just as a new wave of investors moves into the country’s startup market. This and mor...
- Nandan Nilekani's Fundamentum bets big on AI, deeptech with Rs 3,000 crore purseFundamentum Partnership has launched F2A, a Rs 3,000 crore frontier-tech investment platform focused on AI and deeptech startups. The firm ...
- FirstCry, Slice’s FY26 numbers; Nilekani’s Fundamentum eyes deeptech pushFirstCry parent cut its losses in the March quarter on tightened costs. This and more in today's ETtech Top 5.
- Spiritual apps find offline a blessingMobile applications such as Vama, Utsav and AppsForBharat, which started out by providing online puja services, are seeking to tap into the...
- AI becomes spiritual guide for customers on devotional appsSpiritual and devotional platforms like AppsForBharat, Utsav and Bhagva, along with astrology startup Vaya, are increasingly turning to art...
- ETtech Deals Digest: Startups raise $221 million this week, down 45% on-yearThe funds were raised through 19 deals, compared to 48 in the year-ago period.
- AppsForBharat raises $20 million in round led by Susquehanna Asia Venture CapitalNandan Nilekani’s Fundamentum, Elevation Capital and Peak XV Partner also participated in the funding for the parent company of the devotio...
- Binita Agarwal appointed as foundit's CFOfoundit, formerly Monster APAC & ME, has appointed Binita Agarwal as its new Chief Financial Officer. With over 15 years of experience in f...
- Leap of faith: Spiritual apps on global quest target Indian diasporaDevotional apps like AppsForBharat, Vama.App, and Utsav expand globally, targeting the Indian diaspora with digital rituals and ecommerce. ...
- Boom time for spiritual apps: Diwali set for surge in user activityOnline devotional platforms see business booming this month amid burgeoning demand for new offerings launched during Navratri.
- ETtech Deals Digest: Startup funding drops 61% on year to $128 million this weekThis week, startups raised funding through 20 rounds compared to 31 in the year-ago period, when they raised a total of $327 million, accor...
- Swiggy’s IPO upsized; ET Startup Awards 2024 nomineesSwiggy is likely to increase the primary share sale size in its upcoming IPO. Details on this and more in today’s ETtech Top 5.
- AppsForBharat raises $18 million funding led by FundamentumSusquehanna Asia VC, and existing investors Elevation Capital, Peak XV Partners, and Mirae Asset VC also participated in the funding round ...
- Investors buy Trell’s stake in AppsForBharat for $9 million as startup struggles for cashThe secondary transaction saw Mirae Asset and Middle-East based MSA Novo buy shares from Trell, amounting in all to around $9-10 million as...
- Trouble-hit Trell gets a lifeline; crypto trading volumes dip amid new tax lawsTrell, which has been under a probe for financial irregularities, has sold around 10% stake in AppsForBharat to one of its existing investo...
- Trell cofounder Sachan sold full stake in company last year, says no longer involvedSachan said he first diluted the majority of his equity in Trell by transferring it to the management stock options plan (Msop) in December...
- Trell to lay off hundreds of employees amid probeET was the first to report about an ongoing investigation into the company's books of accounts on March 12.
- ETtech Deals Digest: Skit, Bikayi raise funds; Prosus acquires BillDeskIndia's startup ecosystem witnessed smaller funding rounds this week.
- AppsForBharat raises $10 million from Elevation Capital, othersAppsForBharat, a product studio for spiritual and devotional content, will use the funding to create content intellectual property, build t...
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