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Internet first apparel brand Turms, which sells stain repellent, odour-resistant daily wear has raised Rs 6.3 crore from a clutch of angels including Freshdesk founder Girish Mathrubootham, former Reliance Retail Lifestyle president Bijou Kurien.
Early stage consumer-focused venture capital fund Sixth Sense Ventures has made an undisclosed investment in edutech firm Eupheus Learning. Sixth Sense Ventures had first invested in the firm in March this year.
Bytedance has closed $3 billion of fundingfrom SoftBank Group and other major investors at a valuation of $75 billion, cementing its position as the world’s biggest privately backed startup, according to people familiar with the matter.
Facebook founder Mark Zuckerberg’s visage loomed large over the European parliament this week, both literally and figuratively, as global privacy regulators gathered in Brussels to interrogate the human impacts of technologies.
While Supreme Court has declined an urgent hearing of a petition on #MeToo, this week a Group of Ministers, headed by Home Minister Rajnath Singh, has been constituted by the government to strengthen the legal.
In a bid to tap into the test prep market, online education startup Unacademy has acquired Jaipur-based online exam preparation platform Wifistudy.
India added 1,200 new technology startups in 2018 as against 1,000 last year, software lobby Nasscom said in a report on the startup ecosystem.
As India gets ready for electric mobility, both the state and central governments are taking up initiatives to encourage its use. However, the report suggests that electric vehicle sale accounts for less than 1% of total vehicles sold in the country.
Online classifieds platform Olx Indiahas witnessed stellar growth in FY18 scoring past its performance last year.
Sports fan engagement social platform Rooter is looking to expand its offering in Indian and international languages as it aims to increase the number of users it engages with.
Tiger Global has raised $3.75 billion in its latest venture capital fund, dubbed as Tiger Global Private Investment Partners XI, surpassing the earlier target of $3 billion, reports The Financial Times.
Online restaurant listing startup Zomato is checking out of the most prominent address in Gurgaon, One Horizon Center, as the rent for the DLF-owned property is seen as high.