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India’s Reliance Jio Platforms to sell $1.5 billion stakes to Saudi Arabia’s Public Investment Fund

Billionaire Mukesh Ambani has found yet another high-profile firm to write a massive check to his telecom venture Reliance Jio Platforms at the height of a global pandemic.
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o9 Solutions startup raises $100 M from KKR, plans to step up hiring in India
Integrated business planning software startup o9 Solutions on Wednesday said it has raised $100 million (around Rs 761 crore) from global investment firm KKR.
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Startup News Snippets

M&A News

Market Pulse

  • Delhi-based online fashion store High Street Essentials which owns FabAlley and Indya has raised $3 Mn in pre-Series C funding from SAIF Partners and India Quotient
  • Mumbai-based Healthcare services HealWell24 has acquired Mumbai-based DocCare AI to ramp up its video consultation business
  • Bengaluru-based logistics startup LetsTransport has raised $1 Mn in debt funding from Stride Ventures
  • Telecommunications firm Bharti Airtel has acquired 10% stake in Mumbai-based ed-tech startup Lattu Media
  • Bengaluru-based dairy IoT firm Stellapps Technologies has raised an undisclosed amount from Stride Ventures to scale up operations
  • Mumbai-based logistic startup Leap has raised $1 Mn in debt and right issue funding from Pune-based Sargam Retails