Snabbit’s $5.5 Million Funding Round Accelerates Growth in India’s High-Frequency Home Services Market

Snabbit Secures $5.5 Million Funding to Revolutionize India’s On-Demand Home Services Sector

Summary of Snabbit’s Funding Announcement: Snabbit, an on-demand home services app, has raised $5.5 million in a Series A funding round led by Elevation Capital, with participation from Nexus Venture …

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BlueMedix has raised $5 million in a pre-series funding round led by a Dubai-based family fund

BlueMedix has raised $5 million in a pre-series funding round led by a Dubai-based family fund

Summary: BlueMedix, a leading retail pharmacy chain in Eastern India, has raised $5 million in a pre-series funding round led by a Dubai-based family fund. With 130 stores across Bihar, …

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Sarla Aviation Raises $10 Million to Revolutionize Urban Mobility with Electric Air Taxis

Sarla Aviation Secures $10 Million to Propel Electric Air Taxi Revolution in India

Summary:Sarla Aviation, a Bengaluru-based aerospace startup inspired by India’s first woman pilot Sarla Thukral, has raised $10 million in a funding round led by Accel, with participation from prominent angel …

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ALT Mobility Secures $10 Million to Drive Innovation and Expand India’s Commercial EV Leasing Market

ALT Mobility Secures $10 Million to Drive Innovation and Expand India’s Commercial EV Leasing Market

ALT Mobility’s $10 Million Milestone Delhi-based ALT Mobility, a commercial electric vehicle (EV) leasing and asset management company, has secured $10 million in Series A funding. Leading the round was …

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Arihant Foundations Secures Rs 109 Crore Investment to Expand Presence in South India

Arihant Foundations Secures Rs 109 Crore Investment to Expand Presence in South India

Chennai, India – Arihant Foundations & Housing Limited, a leading real estate developer based in South India, has successfully raised Rs 109 crore through a preferential equity allotment. The investment …

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The Indian government has abolished the angel tax, formally known as Section 56(2)(viib) of the Income Tax Act, which was introduced in 2012 to target investments in unlisted companies.
Global Microsoft Outage Hits Banks, Airlines, and Broadcasters
Google has announced a significant price reduction for Google Maps services in India and will begin accepting payments in Indian rupees starting August 1, 2024.
AstroTalk Secures ₹78.3 Crore in Series A Extension from Left Lane Capital and Elev8 Capital

AstroTalk Secures ₹78.3 Crore in Series A Extension from Left Lane Capital and Elev8 Capital

Summary: AstroTalk, an online astrology platform, raised ₹78.3 crore in a Series A funding extension from Left Lane Capital and Elev8 Capital. Founded in 2017 by Puneet Gupta and Anmol Jain, AstroTalk …

AstroTalk Secures ₹78.3 Crore in Series A Extension from Left Lane Capital and Elev8 Capital Read More