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VCs double down on high-growth bets as select startups ratchet up steep valuationsIndian mid-stage startups are seeing significant valuation surges despite a broader funding slowdown, indicating a concentrated pool of hig...- India’s tech hiring edge; Fashion funding heats upHappy Friday! AI and lower-cost talent have given a hiring advantage to countries like India, Philippines and Brazil. This and more in toda...
- Manufacturing startup Scimplify in talks to raise $30-40 million from Hitachi Ventures, othersSpecialty chemical startup Scimplify is in talks to raise $30-40 million from Japanese investors led by Hitachi Ventures, valuing the compa...
- Sebi's finfluencer crackdown; Scimplify eyes fresh fundsSebi has teamed up with Google to take on misleading financial influencers and shady trading apps. This and more in today's ETtech Top 5.
- Faster capital deployment, government partnerships could move needle for biotech: StartupsThe Biotechnology Industry Research Assistance Council (BIRAC) launched the fund on February 13 to bridge the funding gap between laborator...
- ETtech deals digestStartups raise $342 million this week; up 2.4x on-year
- ETtech deals digest: Startups raise $342 million this week; up 2.4x on-yearThe funds were raised by startups across various stages through 13 deals, compared to 24 deals in the year-ago period.
- Specialty chemical startup Scimplify raises $40 million from Accel, othersUMI, 3one4 Capital and Omnivore also participated in the Series B round. The funds will be used to scale exports beyond the 16 countries it...
- Quick service app Snabbit raises $5.5 million from Elevation Capital, Nexus Venture PartnersExisting investor Nexus Venture Partners and angel investors, including Vidit Aatrey and Sanjeev Barnwal (Meesho), Gaurav Munjal (Unacademy...
- Deal street abuzz; India & new US chip rulesHappy Wednesday! The New Year has begun on a high note for consumer deals. This and more in today’s ETtech Morning Dispatch.
- Direct-to-consumer brands keep deal street busy with new funding roundsVenture funds are sitting on ample dry powder and will accelerate deal-making in early-stage startups. Funds like Accel, 3One4 Capital, Pea...
- Specialty chemical startup Mstack raises $40 million from Lightspeed, Alpha Wave, othersFounded in 2022 by Shreyans Chopra, Mstack runs a custom manufacturing platform that helps mid-to-large enterprise buyers, primarily in Nor...
- ETtech Deals Digest: Startup funding plummets 49% YoY to $108 million this weekThe funds were raised by startups, mostly in the seed and early stages, through 17 rounds, compared to 26 rounds in the same period of the ...
- Specialty chemical startup Scimplify raises $9.5 million from Omnivore, othersScimplify to use the fresh capital to enhance research and development (R&D) capabilities and enter new markets. According to the company t...
- ETtech Deals Digest: Boosted by investment in Sarvam AI, Indian startups raise $108 million this weekInvestment in startups fell 79% in the December 4-8 week, from $514 million across 38 funding rounds in the same period a year ago. Sequent...
- Chill sets in for consumer lending apps; what’s cooking at food delivery platforms?Consumer lending firms are set for difficult days ahead as a central bank diktat on reining in unsecured loans has choked off much-needed c...
- Paytm shares tank on small loan scale down; IT firms hire senior execs amid headwindsShares of Paytm tanked 20% in intraday trade Thursday after the payments major said it would take a cautionary approach towards small-ticke...
- Speciality chemicals platform Scimplifi secures $3.6 million from 3one4 Capital, BeenextScimplifi said it aims to export 60% of its output within the next year and is planning to expand its reach to 20 countries and four new ch...
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