Lifestyle startup, The Label Life, aimed at women, between the ages of 23 and 45, living an urban lifestyle, received a $3.1 million investment. The investment came from Kalpavriksh, a private equity fund created by The Centrum Group, a financial services company. The fund usually invests in fields such as fintech, healthcare and fast-moving consumer […]
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Spending around Rs 5 crore, TVS Motor Company Ltd., has purchased a stake in Ultraviolette Automotive Pvt. Ltd., worth 14.78 percent. TVS Motor Company is an Indian manufacturer of two-wheelers which is currently developing the U218, a code-name for an electric scooter. An anonymous analyst told Livemint the market demand for electric two-wheeled vehicles will […]
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DoorDash, a food delivery startup could become the next recipient of an investment from Softbank’s “Vision Fund” of $98 billion. Sources who are aware of the possible deal told Recode that while the deal was not yet secured, if passed through would provide DoorDash with a $300 million investment. A possible barrier for the investment […]
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After having presence in Mumbai, Delhi/Gurgaon, Bengaluru, Hyderabad and Pune, Timesaverz has now expanded to Chennai. Timesaverz is a home services startup, based in Mumbai, providing customers with a variety of household services as and when they are needed. These services range from handyman tasks to pest control and cleaning. “The USP of the company […]
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SoftBank Group, a Japanese telecommunication corporation, has made a $450 million investment in a real-estate startup. New York-based startup, Compass has raised $775 million since its founding in 2012. The company uses market analytics to more efficiently sell real-estate based on market trends. It also provides an app for users and caters to both renters […]
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