Clubhouse faces massive data leak of 1.3 million users on hacker forum
Personal data of over 1.3 million users of Clubhouse, an invite-only social media app, has reportedly been leaked online on a hacker forum, according to reliable sources. The scraped data includes their profile names on social media and other persona....
Bharti, Dixon to set-up a JV to make telecom products for Airtel
Dixon, a contract manufacturing frontrunner in India, has reportedly struck an agreement with Bharti Enterprises Ltd. to establish a joint venture (JV) in order to create telecom and networking commodities. These include modems, routers, set-top boxe....
API Holdings bags $350M in funding round from Prosus & TPG Growth
API Holdings, the parent company of PharmEasy, has reportedly raised $350 million in a funding round led by TPG Growth and Prosus Ventures. The digital pharmacy company did not reveal its total valuation following the latest round. Sources familia....
Cred secures $215M in Series D funding led by Falcon Edge & Coatue
Cred, a fintech platform, has reportedly bagged $215 million in a Series D funding round, resulting in its total valuation of $2.2 billion. This funding round was led by Coatue and Falcon Edge Capital, along with participation from other existing and....
Tyler Technologies to acquire ReadySub solution for School Scheduling
Largest software provider in the U.S., Tyler Technologies, has reportedly acquired a cloud-based platform, ReadySub, to offer support to school districts in filling substitute teacher assignments, absence tracking, as well as automating essential pay....
Hyundai completes durability tests of its 3-row SUV, Alcazar
Hyundai, a South Korean automotive manufacturer, has recently announced the completion of the durability tests of its much-awaited, 3-row SUV, Alcazar. Alcazar will reportedly come along with enhanced features including ‘go-anywhere’ a....
Grofers to bear vaccine cost for workers, families & contractual staff
Grofers, a leading online grocery platform, has reportedly revealed that it would be covering the costs incurred for the COVID-19 vaccination for its employees, their family members, inclusive of parents, spouse, and two children, as well as the firm....
Firstcry gets an investment of USD 315 from three private equity firms
Firstcry, the children’s retailer firm, has reportedly received investments around USD 315 million from three private investors. This deal brings the company’s value to over USD 1.9-USD 2.1 billion. Premji Invest, ChrysCapital and TPG ....
Mobikwik data leaked in biggest breach ever, company denies claims
Mobikwik, a payment startup based in Gurugram, has reportedly faced a massive data breach which led to a leak of sensitive data of around 3.5 million users. This breach apparently includes over 36 million files. It consists of around 99,224,559 user ....
Dream Sports secures $400 million in secondary funding prior to IPL
Dream Sports, a sports technology company, has recently secured $400 million in a secondary funding round. TCV, Falcon Edge Capital, and D1 Capital Partners are buying out the stakes of Kalaari Capital and other private equity firms like Multiples. T....
Indian social network app, Public raises a funding of USD 41 million
This round of funding comes six months after securing a USD 35 million round, taking the startup’s valuation over USD 250 million Public, a social network application that uses location data, has reportedly raised a funding of USD 41 mi....
Purplle raises $45M in funding from Sequoia Capital & other investors
Purplle, an online store cosmetics store in India, has recently bagged $45 million in funding led by Sequoia Capital India and other existing investors namely JSW Ventures, Blume Ventures, and Verlinvest. The recent funding round was geared towards e....
Waterfund offers USD 50 Mn to agtech & water portfolio of OutCrowd
The two companies have also collaborated for developing a water-centric platform Aquantos that will potentially publish Blue Bonds, which can prove beneficial to oceans Waterfund, a trading and investment company that specializes in managing ....
TCN invests $10M in Zaara for ‘Algae –Seaweed Technology’ project
Zaara Biotech, a biotechnology startup company, has reportedly secured a $10 million investment from TCN International Commerce LLC, a technology company based in the UAE. This investment is associated with the biotech startup’s new project kno....
MyGlamm raises $24.1M in Series C funding from Wipro, Amazon & Ascent
MyGlamm, an omnichannel beauty brand, has reportedly raised ?175 crore ($24.1 million) in a Series C funding round from investors namely Wipro Consumer, Amazon, and Ascent Capital. As per reliable reports, the latest funding round will value the bran....
Singapore set to launch freeze-dried Covid-19 PCR test kit soon
According to credible reports, Singapore could use the popular food preservation technique of lyophilization to develop freeze-dried Covid-19 PCR (polymerase chain reaction) testing kit, which is expected to ease the storage as well as transportation....
Basware partners with auditing and consultancy firm PwC Germany
Basware, a leading software company, has reportedly announced the addition of PwC Germany, an auditing and consultancy firm based in Germany, to its partner network. This new partnership has proven itself successful, effectively driving joint value f....
Rogers inks $26Bn agreement to acquire Shaw’s Class A & Class B Shares
Rogers Communications Inc. has recently reached an agreement with Shaw Communications Inc. to acquire all Shaw’s issued & outstanding Class A and Class B Shares at over $26 billion. This transaction value is inclusive of Shaw debt of nearly....
SpaceX’s Falcon 9 rocket B1051 launches 60 Starlink satellite to orbit
SpaceX, an American aerospace manufacturer, has recently launched a batch of 60 Starlink satellites into orbit abroad a Falcon 9 rocket, which nailed the landing at sea. The two-stage booster B1051 blasted off from the Pad 39A at the Kennedy Space....
India to impose 40% customs tax on imports of solar equipment
The renewable energy ministry of India has reportedly announced plans to start imposing a 40% customs tax on solar module imports from April 2022. This initiative has been taken with an aim to prevent the country’s reliance on foreign supplies ....
Turtlemint raises $46M in fresh fundraising round from Jungle Ventures
Turtlemint, a Mumbai-based insurtech startup, has reportedly raised around $46 million in a Series D fundraising led by Singapore-based venture capital firm, Jungle Ventures. This funding round will mark the 1st investment made by the VC firm in the ....