Abhinay Jain

Zepto Hits $5B Valuation in India India's quick commerce startup Zepto has achieved a remarkable milestone, reaching a $5 billion valuation. This marks a significant leap for the company, solidifying its position in the fast-growing Indian e-commerce landscape. #Zepto #IndiaStartups #QuickCommerce #EmergingTiger

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Jiffy Daily... your go-to newsletter for daily news bytes from the World of Startups! Pneucons Vanta Devnagri AI Faad Network CRED Acko OneCare Gupshup Captain Fresh Yubi MediaMint Sequoia Capital Inflection Point Ventures #startupnews #startuphiring #saas #startupnews #funding #startupfunding #dailynews #newsinajiffy #YourTribe #startupnews #startuphiring #saas

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AI-powered blue-collar recruitment platform Vahan.ai has raised $10 Mn (INR 83.7 Cr) in a Series B funding round led by existing backer Khosla Ventures.  The round also saw participation from Y Combinator, Gaingels and Paytm founder Vijay Shekhar Sharma among others 👇 The latest round takes the startup’s cumulative funding to $18 Mn till date, including $8 Mn and an undisclosed amount raised in 2021 and 2019, respectively. Vahan seeks to use the fresh money to develop its AI recruitment technology, which will support eight major Indian languages, including Telugu, Tamil, Kannada, Marathi, Bangla and Gujarati. Currently, Vahan’s AI recruiter conducts interviews in English and Hindi. However, within the next year, the platform will expand into other languages To read the in-depth article, click here: https://lnkd.in/gSrziXGT #news #AI #startup #funding

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Venture capitalists and BizDateUp co-founders Jeet Chandan and Meet Jain have acquired an undisclosed stake in IPO-bound foodtech giant Swiggy through an off-market secondary deal. Founded in 2020, BizDateUp allows angel investors to invest in Indian startups with a minimum of INR 1 lakh and recently launched a INR 200 crore fund for technology investments. The firm raised over $10 million from more than 1,000 angel investors in FY24. This move comes as several celebrities, including cricketers Rahul Dravid and Zaheer Khan, tennis player Rohan Bopanna, director Karan Johar, and actor Ashish Chowdhry, have also invested in Swiggy ahead of its IPO. Notably, Amitabh Bachchan and Madhuri Dixit have previously acquired stakes in the company. Read full story here: https://lnkd.in/gM8sEWSZ #foodtech #startups #ipo #swiggy #foodindustry #news #latestnews LinkedIn News India Linkedin News Ashu Agrawal

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Creating a Virtual Card with Gigbanc: A Step-by-Step Guide Need to make international payments but don’t have the right tools? No worries—Gigbanc’s Virtual Dollar Cards are here to help. And setting one up is easy! Here’s how: 1. Log in to your Gigbanc app. 2. Top up your USD wallet by swapping from Naira 3. Navigate to the 'Cards' section. 4. Tap 'Create a New Virtual Card.' 5. Select 'Dollar' as your preferred currency. 6. Fund your card with USD from your wallet. 7. Enter your pin and you’re good to go. 💳 Now you’re ready to go! Start making seamless online payments with your new Gigbanc Virtual Dollar Card. #Gigbanc #RemoteWork #DigitalBanking #Freelancers

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In Case You Missed It: Swipe right ➡️ as Abhinav Sinha, COO and CPO at OYO, shares strategies for achieving PMF across different markets by leveraging strengths, adapting to local nuances, and focusing on key metrics. Link in the comments 👇 

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Zintlr, a B2B SaaS platform specializing in sales intelligence and prospecting, has raised Rs 7.5 crore in a seed funding round led by Om Jain and other investors, including JIIF and Vimal Shah. The startup plans to use the raised capital to scale its team, drive market expansion, and innovate to build new product verticals in intelligence. Read the full story here: 👇 https://lnkd.in/d6VVdgez #b2b #saas #funding #investors #startup #technology #ai #indianstartupnews

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Here’s a list of the top 10 Indian angel investors: 1. Kunal Shah (CEO, CRED) – 258 investments 2. Anupam Mittal (CEO, Shaadi.com) – 100 investments 3. Kunal Bahl (CEO, Snapdeal) – 97 investments 4. Rohit Kumar Bansal (Co-Founder, Titan Capital & Snapdeal) – 89 investments 5. Ramakant Sharma Sharma (Co-Founder & COO, Livspace) – 82 investments 6. Dr Ritesh Malik (Founder & CEO, Innov8 Coworking) – 66 investments 7. Rajan Anandan (Managing Director, Peak XV Partners and Surge) – 64 investments 8. Kris Gopalakrishnan (Co-Founder, Infosys) – 64 investments 9. Rajesh Sawhney (Founder & CEO, GSF Accelerator) – 59 investments 10. Abhishek Goyal (Co-Founder, Tracxn) – 56 investments These leaders are shaping the future by supporting innovative startups across key sectors like AI, agritech, biotech, and more. Source: YourStory Media

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CHANNELIAM FUNDING TRACKER LATEST UPDATES: 1. Tribe Capital doubling down on Shiprocket with $75 Mn infusion 2. EPharmacy raises INR 1,804 Cr at a 90% Valuation Cut 3. Assert AI secures $4M in Series A funding 4. Cross-border payments platform BRISKPE raises $5M from PayU 5. IPO-bound Portea Medical raises $20 Mn via right issue #Funding #Startups #LatestNews #BusinessNews #Channeliam

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🚨Swiggy IPO gets oversubscribed led by QIB bids Swiggy’s IPO was oversubscribed 1.07 times by the third day, driven largely by QIBs, who oversubscribed their portion 1.52 times. Retail investors subscribed to 97% of their portion, while Non-Institutional Investors (NIIs) made bids for 22% of their allocation. Swiggy's employee quota also saw strong demand, with a subscription rate of 1.38 times. Swiggy raised around Rs 5,085 crore (approx. $605 million) from anchor investors like HDFC, ICICI, SBI, and global players including Fidelity and BlackRock. by Akshita Toshniwal | #SwiggyIPO #IPO #QIB #RetailInvestors #Foodtech Read more 👇 https://lnkd.in/ggm_piMt

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OYO Gets Shareholders’ Nod To Raise INR 417 Cr By Issuing Preference Shares #startuplife #StartUpSuccess #startupindia #business #indianbusinesses #newsfeed #entrepreneur #startups #StartupIdeas #startup #updates2024 #stocks #entrepreneurship #businesssuccess #indianbusiness #market #indianbusinessnews #indianstartupnews #newsupdate #startupsupport #indianstartups #newspaper #startupbusiness #indianstartup #oyo #oyofounder

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The Hosteller, a leading traveltech startup, has successfully raised INR 32 Cr (approx. $4 Mn) in a fresh funding round led by V Cube Ventures SA, with participation from LV Angel Fund, Unit E Consulting LLP, and several angel investors. According to regulatory filings, the board approved a special resolution to issue 10 equity shares and 64,281 Series A compulsorily convertible preference shares (CCPS) at a premium of INR 4,977.50 each, bringing the total funding to INR 32 Cr. This new capital will fuel The Hosteller's expansion plans as they look to grow their operations. The company also proposed further fundraising through private placement and preferential issuance of equity shares and Series A CCPS. Founded in 2015 by Pranav Dangi and Sumit Mishra, The Hosteller offers affordable backpacker hostels across India, making it a popular choice among budget-conscious travelers. The travel and hospitality sector is witnessing a strong post-pandemic recovery, with nationwide hotel occupancy reaching 66.1% and an average daily rate (ADR) of INR 6,869 in 2023, the highest in a decade. In another significant move in the industry, OYO acquired Paris-based premium rental homes company Checkmyguest for INR 230 Cr ($27.4 Mn), signaling OYO’s ambitious global expansion. #TheHosteller #TravelTech #Funding #FundingAlert #FundraiserAlert #VCubeVentures #VentureCapital #AngelInvestors #BackpackerHostels #TravelIndustry #Hospitality #TourismRecovery #GlobalExpansion #AllBoutCorps

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🇶: Who better to talk about driving superhuman business growth than Gaurav Vohra, Head of Growth & Analytics at Superhuman? 🇦: No one. There's no one better. In our recent convo, Gaurav discusses the journey from product-led to revenue-driven and his deeply-informed philosophies behind embedding growth into all aspects of the product, org, and business. Roll the tape— 📽️: https://hubl.li/Q02tfgqx0

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Zintlr, a B2B SaaS platform specializing in sales intelligence and prospecting, raised Rs 7.5 crore in seed funding led by Om Jain. Participants included JITO INCUBATION & INNOVATION FOUNDATION, Motilal Oswal, Vimal Shah, Sparsh Jain, Vinod Dugar, Ramesh Jain, and Prabhakar. Funds will support team expansion, increased market presence, and development of innovative product verticals. Founded in 2022 by Ravi Jain, Ujwal K., and Pranay Khariwal, Zintlr provides an AI-driven buyer intelligence platform, curated contact database, revenue intelligence, and insights for niche markets and geolocations, helping major corporations and multinational companies expedite their sales cycle, boost conversion rates, close more deals via the company's enterprise version, and identify their total addressable market (TAM). Zintlr is a B2B SaaS platform that specializes in sales intelligence and prospecting, offering a comprehensive solution for businesses seeking to expand their reach. With access to over 10 million companies and 100 million contacts, Zintlr enables users to find their next customer through its cutting-edge database. The company recently secured Rs 7.5 crore in seed funding, which will be utilized to grow its team, accelerate market growth, and develop innovative product verticals in intelligence. Founded in 2022 by Ravi Jain, Ujwal Kumar, and Pranay Khariwal, Zintlr provides an AI-driven platform that combines curated contact databases, revenue intelligence, and other insights tailored for niche markets and specific geolocations. This powerful tool assists major corporations and multinational companies in shortening their sales cycles, boosting conversion rates, closing more deals, and identifying their total addressable market (TAM). Factacy.ai Congratulates and wishes them well. #innovation #management #digitalmarketing #technology #creativity #futurism #startups

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Rocketlane raises $24M in Series B led by 8VC, Matrix Partners India, and Nexus Venture Partners, total now $45M. Funds to boost AI capabilities for client project delivery. Streamlining customer onboarding via unified platform, it triples revenue, adds 500+ clients including major enterprises. Plans global expansion, new AI features. Recent hires strengthen market presence amid rapid growth. Follow IBU Advisory for more funding updates . . . #fundraisingevent #funding #ibuadvisory #unicornindia #rocketlane #seriesefunding #seriesb #fundraise #businessinvestment #businessfunding #explorepage #techinvestment #youngentrepreneurs #indianbusiness #investmentnews

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We are your trusted partner for startup investments in India. 🚀🌕 In 2023-24, we successfully funded over 25 startups, raising a $10 million fund and engaging with more than 1,000 active angel investors. With an average return of 3.5X, we are eager to support more high-growth ventures! You are next! #BizDateUp #StartupEcosystem #Investment #AngelInvestment #VentureCapital #AngelInvestors #CompleteVisibility #IndianStartups #InvestToday #InvestmentReturns

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