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PropShare Capital launches COVID-19 distressed opportunities PMS offering

Through this distressed property, the committed investors will get first and exclusive access to all opportunities with a minimum investment of Rs 50 lakhs as mandated under SEBI PMS regulations.

Custom Furniture startup WoodenStreet raises $ 3 million in Series-A Funding from IAN Fund, RVCF

With an increase in import duties, home-grown brands can utilize such investments in building themselves up and shape a better tomorrow under the ‘Make in India’ umbrella.

Paytm claims telecom firms not preventing phishing; HC seeks Centre, Trai response

Additional Solicitor General Maninder Acharya and central government standing counsel Anurag Ahluwalia accepted notice on behalf of the ministry.

QuaQua raises $ 1 million from Anthill Ventures and others

The startup will also expand its booking features, ranging from flights, hotels, transfers, boutique experiences, staycations to personalised packages.

Lockdown: Startup to launch online funeral management service

The objective behind this service is to provide a "one-stop solution" to the families and give them support in their hard times and help them perform the last rites in a hassle-free manner.

MakeMyTrip lays off 350 employees

The layoffs have been primarily undertaken in non-tech functions such as international holidays and related segments, and is across units, according to a company spokesperson.

UPI starts growing after dip in April

In terms of value, UPI transactions in May stood at Rs 2.18 lakh crore, toppling March numbers of Rs 2.06 lakh crore.

Urban Ladder's Srivatsa named as Antler's Country Head

The development comes a little over seven months after Srivatsa announced that he was stepping away from day-to-day operations at Urban Ladder.

Munich Re may lead $70 million round in Acko

Other existing investors, such as Amazon, former SoftBank executive Kabir Misra's RPS Ventures and Intact Ventures, will likely participate in the ongoing fundraising, as per sources.

BigBasket, Grofers, other e-grocery firms see rise in non-metro users

Grofers said it was able to retain 62% of users who came on board in March after the nationwide lockdown, adding it expects to retain around 50% of new users in the long term.

Oyo announces ESOPs for all furloughed employees impacted by Covid-19

Oyo announces ESOPs for all furloughed employees impacted by Covid-19

Oyo is also actively working with the company's investors to identify opportunities in their portfolio companies and help its employees with alternative career opportunities in those companies.

Satya MicroCapital, Sindhuja Microcredit raise Rs 170 crore from global investors

Satya MicroCapital, Sindhuja Microcredit raise Rs 170 crore from global investors

Satya MicroCapital started its operations in January 2017 and has a network of 150 branches in 22 states. It primarily caters to women who own businesses and are looking for means of expansion.

Find out what advice Nandan Nilekani has for startups

Find out what advice Nandan Nilekani has for startups

Talking about the road to normalcy and recovery in the aftermath of Covid19, he said it will take some time but it will give an opportunity for companies to become stronger.

MakeMyTrip bears the brunt of Covid-hit travel industry, lays off 350 employees

MakeMyTrip bears the brunt of Covid-hit travel industry, lays off 350 employees

The company is offering mediclaim coverage till the year-end for individuals and their families who have been impacted by this move.

Oppo partners with T-Hub to support startups in India

Oppo partners with T-Hub to support startups in India

Earlier this year, Oppo signed MOU with IIT Hyderabad, to promote collaborative research in the field of science and technology.

Former GoWork CEO Sudeep Singh starts new asset management venture

Former GoWork CEO Sudeep Singh starts new asset management venture

The company will offer solutions in hospitality spaces, warehousing spaces, educational institutions and facility management.

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