The bridge round was subscribed to by most of the existing shareholders as well as some new investors, including Valpro Capital (the company behind the capital raising platform Enablers) and an entrepreneur running one of India's largest consumer electronics companies.
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Founded in 2007, Jivox enables some of the world's most successful brands and media companies to deliver sophisticated, highly personalized digital marketing and advertising campaigns.
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The total taxi market size is in excess of $10-12 billion out which 65% of the market is outstation. OneWay.Cab aims to occupy $ 2-3 billion of the pie which is currently accounted as part of outstation.
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Indulge Beverages, which owns and distributes premium tea and coffee brand Bonhomia, has raised $500,000 (Rs 3.3 crore) in a bridge round of funding.
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With this move, Giftxoxo aims to leverage the customer base of BookMyInterest as well as its partner network to enhance its current offering.
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The deal is expected to close this calendar year and is subject to approval by LinkedIn’s shareholders, the satisfaction of certain regulatory approvals and other customary closing conditions.
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Founded by Utkarsh Lokesh, Shantanu Rana, Divya Prakash and Saransh Garg, EdTechReview is currently serving over 60000 active subscribers globally; engaging and working with over 1000 K-12 and higher education institutions and over 100 edtech startups and companies worldwide.
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Chinese e-commerce firm Alibaba Group Holding affiliate Ant Financial has bought a fifth of financial data provider Shanghai Suntime Information Technology for around $35 million
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