Debroop Roy: Page 2
Former Correspondent
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AngelList India's Utsav Somani Launches Micro Fund To Back 30 Early Stage Start-Ups
Named iSeed, the fund is anchored by the famed Naval Ravikant, founder of US-based AngelList. The fund's backers have started or invested in 24 unicorns worth over $200 billion.
[Funding Alert] Israel's Cyberbit Raises $70 Million From Charlesbank
The company said it plans to use the fresh funds to accelerate development of its cyber range product as well as to build its global sales and marketing teams.
[Funding Alert] LetsTransport Raises INR 13 Crore From InnoVen Capital
The company has operations across sectors including organized retail, fast moving consumer goods and e-commerce, and counts the likes of Amazon, Flipkart, Coca-Cola and Delhivery among its clients.
Sales Dip, But Average Order Size Up For Rebel Foods; Expansion Plans On Hold
The cloud kitchens operator, which runs popular brands such as Faasos, Ovenstory and Behrouz, said it was not laying off any employees and would take this time to focus on "spring cleaning".
Coronavirus: Majority Support Lockdown Relaxations With Social Distancing Norms
According to a survey by LocalCircles, 81 per cent respondents supported lockdown relaxations with social distancing norms at offices, shops, and other places after May 17 in red zone districts, except the ones which have a high virus load.
PM Narendra Modi Announces INR 20 Lakh Crore Package, Stresses On Self Reliance
There will be a fourth phase of lockdown starting May 18, which will be done in consultation with respective state governments.
