The company's rapid expansion led to a cash shortage and a decline in valuation, resulting in multiple lawsuits in India and the US
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The funding will be strategically deployed to enhance Plus Gold's technological infrastructure, strengthen security measures, develop AI-driven investment advisory features and expand its team, particularly in technology and customer service roles
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During his ten years at LinkedIn, Gupta served as the country manager for India for about half that time
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The IPO includes a fresh issue of equity shares worth Rs 1,000 crore and an offer for sale (OFS) of up to Rs 2,500 crore by existing shareholders
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Nirwana.AI also benefits home improvement companies like paint, tile, furniture, and lighting manufacturers whereby the customers can visualise these companies' products in their homes using the tool
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With this infusion of capital, the company will launch a portfolio of zero-sugar mixers and expand its quick commerce, across 19000 Indian pin codes and offline retail presence across 1500 outlets spanning 20 cities
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Over the next three years, the fund plans to invest in 18-20 early-stage Indian deeptech startups, offering initial cheques ranging from Rs 2-5 crore each
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Veefin’s Managing Director Raja Debnath, CFO Payal Maisheri, and Director Afzal Modak will join Regime’s board
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With transparency as a core principle, Recur Club plans to deploy Rs 1000 crore through the Recur Scale program and an additional Rs 2000 crore via its Recur Swift program for startups in FY 24-25
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The startup is backed by notable investors such as Tiger Global, Peak XV, and Matrix Partners
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