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News and Trends

Nykaa IPO To Open On October 28; Seeks Valuation Of $7.4 Bn

Nykaa plans to use the IPO proceeds to set up new retail stores, fund capital spending, and repay debts

Finance

Wobb Raises INR 2.1 Cr Pre-Seed Round From Titan Capital, Point One Capital And Others

The company will use the funds to enhance product experience for its fast-growing base of marketers and to build a strong leadership team to solve even bigger challenges that prevail when running campaigns with social media influencers

Finance

Stellapps Raises $18 Mn In Pre-Series C Round

The company plans to employ the funds to rapidly scale its traceability network and extend its digital footprint across India

Finance

Dresma Raises $3 Mn Seed Funding From SVQuad, Inventus Capital Partners And Thinkuvate

Funding to be used for accelerating global expansion, product enhancements, and R&D

Finance

Clear Raises $75 Mn Series C From Kora, Stripe And Others

The funds will be used to accelerate Clear's expansion into B2B credit and payments plus expansion into international markets

Finance

The Indus Valley Raises $1.1 Mn From Rukam Capital, DSG Consumer Partners And The Chennai Angels

The company intends to utilize the capital to expand the product portfolio, strengthen its team and geographical reach across the country