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Venture Catalysts’ 9Unicorns closes its first fund at Rs 100 Cr

9Unicorns, the accelerator fund of Venture Catalysts, announced the close of its first fund at Rs 100 crore (or $14 million) on Tuesday. The...

Fintech funding in APAC up 9.1 pc in Q2; India sees 38 pc dip

Investments in private financial technology (fintech) companies in Asia-Pacific grew 9.1 percent to $1.4 billion in the second quarter of 2020 as compared to...

BharatPe aims to build a $100M loan book and its secret sauce is India’s 50 million SMBs

Prerna Pharmacies’ Venkat Reddy has been running a small retail operation for the last 15 years in Rajajinagar, Bengaluru. His monthly revenue was around...

BharatPe launches scheme to allow employees to sell back their shares from first vesting

BharatPe has started a programme called ‘ESOP Cheque Cash Karo’ scheme. This allows employees to sell back shares from their first vesting back to...

AngelList India head Utsav Somani launches micro VC fund to back 30 early-stage startups

As investors get cautious about writing new checks to early stage startups in India amid the coronavirus outbreak, AngelList’s head in India is betting...

BharatPe raises $75M to help Indian merchants accept digital payments and secure working capital

BharatPe, a New Delhi-based startup that is enabling hundreds of thousands of merchants to accept digital payments for the first time and also providing...

BharatPe in talks with new investors for $100m round

BharatPe, which is a QR code-based payment app for the offline merchants, is now in talks to secure about $75-$100 Million from the clutch...
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