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IndianStartupNews is an Indian media and information platform, known for its end-to-end coverage of the Indian startup ecosystem.
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India's Upstox launches US stock investing with access to over 8,000 stocks, 2,000 ETFs
5+ day, 16+ hour ago (329+ words) Indian online brokerage Upstox has launched US stock investing on its platform, allowing users to buy and sell more than 8,000 US-listed stocks and 2,000 exchange-traded funds (ETFs). The offering includes shares in companies such as Apple, Tesla, Amazon and Google parent…...
Women’s wellness brand Nua raises $50 million in Series C led by Peak XV Partners, Filter Capital
6+ day, 16+ hour ago (434+ words) Ravi Ramachandran, CEO and Co-founder of Nua Women’s wellness brand Nua has raised $50 million in a Series C funding round led by Peak XV Partners and Filter Capital, as it looks to expand distribution, strengthen its brand and develop new…...
Indian insurtech platforms InsuranceDekho and RenewBuy merge to create pan-India insurance platform
1+ week, 5+ day ago (509+ words) Gurugram-based insurtech firms InsuranceDekho and RenewBuy have announced the consolidation of their businesses to create a unified insurance distribution platform with a pan-India presence. The combined business will operate under the InsuranceDekho brand, with InsuranceDekho founder and CEO Ankit Agrawal…...
Fintech startup Niyo to acquire RemitX forex assets for Rs 11.4 crore, add 32-branch network
1+ week, 5+ day ago (291+ words) Bengaluru-based travel fintech Niyo has agreed to acquire certain assets of Capital India Finance's RemitX foreign exchange business for Rs 11.4 crore, expanding its physical presence in India's cross-border payments market. The transaction will be carried out through Kanji Forex, Niyo's…...
World’s fourth-largest asset manager State Street completes Rs 580 crore investment in Groww AMC
1+ week, 6+ day ago (573+ words) Lalit Keshre, CEO and co-founder of Groww State Street Investment Management has completed its strategic investment in Groww Asset Management Limited after the transaction received the required regulatory and other approvals. Following completion, State Street Global Advisors, Inc, the State…...
Mamaearth’s parent Honasa terminates proposed Rs 135 crore Fluence Pharma acquisition; here’s why
2+ week, 4+ day ago (531+ words) Indian personal care brand Mamaearth parent Honasa Consumer Limited has called off its proposed acquisition of a 58% stake in nutraceuticals company Fluence Pharma after certain closing conditions under the share purchase agreement were not fulfilled. Honasa told the stock exchanges…...
Spiritual and devotional services platform Utsav raises Rs 36 crore in Series A led by Atomic Capital
2+ week, 5+ day ago (258+ words) Kolkata-based spiritual and devotional services platform Utsav has raised Rs 36 crore in a Series A funding round led by Atomic Capital. Existing investors India Quotient and Equanimity Investments also participated in the round. Utsav plans to use the funding to…...
Indian wealth management firm Nexedge Capital raises $20 million in maiden round
2+ week, 5+ day ago (566+ words) Anirudha Taparia, founder and CEO of Nexedge Capital Nexedge Capital has raised $20 million in its maiden funding round, led by Mirae Asset Venture Investment and Elev8 Venture Partners, as the wealth management startup looks to expand its operations across India. The…...
Paytm looks to raise CEO Vijay Shekhar Sharma’s annual pay after reporting Rs 220 crore profit
3+ week, 1+ day ago (435+ words) Paytm CEO Vijay Shekhar Sharma An independent benchmarking exercise commissioned by Paytm has found that the remuneration of founder and CEO Vijay Shekhar Sharma is materially below the benchmarks for comparable companies. The board of parent One 97 Communications has now…...
NeoGeo raises $20 million in Series A funding co-led by Neev Fund II, Aavishkaar Capital
3+ week, 4+ day ago (346+ words) Geospatial technology startup NeoGeoInfo Technologies has raised $20 million in a Series A funding round co-led by Neev Fund II and Aavishkaar Capital. Neev Fund II is managed by SBI Ventures, a wholly owned subsidiary of State Bank of India (SBI)....