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Eruditus valuation

India’s Eruditus valued at $3.2 billion in $650 million fundraise

India’s Eruditus valued at $3.2 billion in $650 million fundraise Mumbai-based Eruditus, which works with top universities globally to offer more than 100 executive-level courses to students in over 80 nations, said on Thursday it has raised $650 million in a new financing round led by Accel and SoftBank Vision Fund 2. The new financing […]

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Indian Startups Valuation

Indian startups may find their value depreciated in Short Term

Payment services startup Paytm, cab-hailing major Ola, and hospitality giant Oyo have seen their valuations fall over the last few quarters. And it is expected that almost all established Indian startups may find their value depreciated in Short Term. A majority of Indian startups are starting at depressed valuations as the pandemic and the economic

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Anand Mahindra invests $1 million in social media startup Hapramp

Anand Mahindra invests $1 million in social media startup Hapramp

Anand Mahindra invests $1 million in social media startup Hapramp Hapramp will use the seed funding to work on big social media challenges such as user privacy, data security, and fair content monetization. Anand Mahindra, chairman, Mahindra Group has invested $1 million in Hapramp, a blockchain-based social media startup. Gurugram-based Hapramp will use the seed

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Startups To Use DigiLocker For KYC

SEBI Allows Digital Wealth Management Startups To Use DigiLocker For KYC

SEBI Allows Digital Wealth Management Startups To Use DigiLocker For KYC SEBI registered entities have to complete KYC for investors by obtaining soft copies of documents DigiLocker e-documents are already approved under PMLA Rules, 2005 The decision will increase the penetration of wealth management platforms in Tier 2, 3, and 4 cities In a move

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Startups would not survive Covid

25% Of Indian Startups would not survive Covid, Warns Kris Gopalakrishnan

Kris Gopalakrishnan highlighted that 25% of the startups would not survive covid. Siddarth Pai and Siddharth Talwar have previously highlighted slump in funding during this period B2C will have to wait for customer demands to pick up, says Ankur Pahwa of EY. Infosys cofounder and former president of the Confederation of Indian Industry (CII) Kris

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