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Increff bags $3 million from Binny Bansal

Increff, Bengaluru-based supply chain management startup founded by former Myntra executives, has raised around $3 million in Series A funding round led by Binny Bansal, Flipkart co-founder, and 021 Capital, a venture capital firm. Founded in 2016, the startup secured seed funding of $2 million from marquee venture capital firm Sequoia Capital in 2017.
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Byju’s gets $31 million from General Atlantic, Tencent

Byju's, Indian ed-tech startup, has raised around $31 million or Rs 215 crore from its existing investors General Atlantic and Tencent Holdings at a valuation of over $5 billion. The company’s filings show that General Atlantic has subscribed to 15,187 compulsorily convertible cumulative preference shares (CCCPS) at a premium of Rs 1,14,060 per share for about $25 million (Rs 173.24 crore)
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Ola gets backed by Hyundai, Kia Motors

Ola, Indian ride-hailing company, has raised $300 million in Series J round from Hyundai Motor Co. and Kia Motors Corp which is considered to be their biggest combined investment to date. They also invested around $250 million in ride-hailing giant Grab last November. Ola expects the investment round to raise $1 billion to battle their rival Uber.
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Tookitaki raises $7.5 million from Jungle Ventures

Tookitaki, a Singapore and India based data intelligence company, has bagged $7.5 million in Series A round led by Illuminate Financial, a London based early stage fintech investor. Other participants included existing investors Jungle Ventures, Enterprise Singapore, Supply Chain Angels, VWX Capital and some senior banking executives. Tookitaki provides enterprise software solutions to enable sustainable regulatory compliance programs in financial services
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TartanSense Snags $2 million

TartanSense, an Indian agritech startup, has raised around $2.1 million from Omnivores Partners, Blume Ventures and BEENEXT. Other participants included Dileep George, Co-founder of Vicarious AI; Akash Gupta & Samay Kohli of GreyOrange and Kush Jawahar of Featherlite. The agriculture robotics firm is developing small robots that have an optimised vision to find out the damaged, diseased, and infectious crops in
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IFC is considering investment in Signature Global

International Finance Corporation, investment wing of The World Bank, is likely to invest around $30 million in a real estate company of New Delhi, Signature Global Private Limited. According to a disclosure. IFC said that it will invest in an upcoming project by Signature Global which will cost around $100 million. Founded in 2014, Signature Global develops affordable housing projects across Gurugram,
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Indian Edtech Startup Bulbul raises $500k

Bulbul Inc., a Hydrabad and US based edtech startup, has received funds from of $500,000 in early stage investment round from Xseed Partners, digital consulting firm Anblick Solutions Pvt. Ltd, angel fund Operator VC, and Infoblob. Founded in 2015, Bulbul that develops apps for pre-school kids, also raised funds of $1 million in 2016 and $200k in 2015.
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IFC likely to invest in A91 Partners’ Fund

According to a disclosure, Indian Bangalore based Venture capital firm A91 Partners' Fund is likely to get funds of $25 million from the investment wing of World Bank, International Finance Corporation. A91 Partners is planning to raise between $250 million and $250 million, committed to invest in 10-15 startups in growth stage. The key industries they are looking to invest is consumer
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