Small business-focused financial lending startup, Aye Finance, raises Rs 210 crore in new investment round. The Gurugram-based company distributes funding to small businesses based on predictive analytics and other research and statistics-driven methods, rather than traditional reports, which opens up funding opportunities for those smaller companies. The startup has provided around Rs 3000 crore in […]
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By Varun Alagh and Ghazal Alagh The Prime Minister’s clarion call to support local brands has captured the country’s imagination during these challenging times. Whether it’s Fevicol or Asian Paints or Mahindra & Mahindra, local brands have always found a way to retain market share and build brand loyalty. But today, there is a massive […]
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Coworking space startup, WeWork India, is set to receive a new investment worth $100 mn from its parent company, WeWork. The Indian branch of the startup was founded in 2017 and is based in Bengaluru. The startup last raised funding worth Rs 500 crore last year. “This financing will support WeWork India’s long-term strategy, focused […]
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Mumbai-based online health and fitness platform, Stepathlon Lifestyle, raises new investment for its group-focused digital events and activities. The platform turns physical fitness into an interactive game-like activity by bringing users together digitally. The company has worked with approximately 722 companies to host these activities. “At a time when the world is dealing with the […]
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As the Covid-19 pandemic has caused economic instability for companies, many Indian startups have responded by increasing employee stock options. Companies increasing availability for their Employee Stock Ownership Programs (ESOPs) include Grofers, Paytm, Bounce, Zomato and Oyo. The stocks are mostly coming from those previously owned by founders, as reported by Economic Times. “Any company […]
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