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Early-stage venture capital fund pi Ventures on Wednesday said it has received a commitment of Rs 100 crore (about $12.2 million) for its second fund from Small Industries Development Bank of India's (Sidbi) equity scheme Fund of Funds for…

Appario, a major seller on Amazon, a joint venture between Amazon and Patni Group, will be shutting down within a year, despite being one of the largest sellers on the platform. According to sources, Appario has begun shipping its inventory…

Domestic venture capital (VC) funds are preparing strategies for investments in business-to-business (B2B) startups in marketplace, manufacturing, enablement, and maintenance, repair and operations (MRO), as the B2B space gets lucrative due…

Venture capital firms focused on the deep tech sector are reinforcing their presence in India at a time when artificial intelligence (AI) is creating ripples across the tech world on the back of the launch of Open AI’s ChatGPT.With Google…

Funding activity in the Indian startup ecosystem saw a jump this past week largely because of a few deals that were announced including the fundraise at DMI Finance.A total of $491 million of funding was raised across 18 rounds between…

A year after IT companies saw employee costs soaring along with the great resignation wave, salary hikes for employees are expected to cool down as wages undergo a correction in FY24. This and more in today’s ETtech Morning Dispatch. Also…

Portea Medical (Health- vista India Ltd) has reclassified its founders Meena Ganesh and Ganesh Krishnan as “promoters”, the company disclosed in a filing with the Securities and Exchange Board of India (Sebi) last month. It marks the first…

Venture capital investor Iron Pillar, which has backed the likes of FreshToHome, Uniphore, Servify and Curefoods, has closed a $129 million fund that will be focussed on making investments in global cloud software companies from India.In an…

Software-as-a-Service (SaaS) buying and management solution Spendflo on Tuesday said it has raised $11 million in a Series A funding round led by Prosus Ventures and Accel.Having raised the latest round of capital after 10 months of its…

Fintech major PhonePe has thrown its hat in the Open Network for Digital Commerce (ONDC) ring by announcing the launch of its ecommerce app Pincode, built on top of the government-backed platform. This and more in today’s ETtech Top 5.Also…