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Tuesday

7 stories you need to know from India's startup ecosystem.

7Stories
4Min Read
01
Policy 4 min read

The Cabinet Has Cleared A ₹10,000 Crore Fund That Buys Equity In SMEs

The instrument is the story, because almost everything the state has previously offered small businesses has been credit. Guarantee schemes, subsidised lending, receivables discounting through TReDS, the Self-Reliant Ind…

02
EV & Mobility 4 min read

Bhavish Aggarwal Has Pledged 4.32% Of Ola Electric To Fund His Rights Issue Subscription

Ten months ago Aggarwal did the opposite of this, deliberately and publicly. In December he sold roughly ₹324 crore of Ola Electric shares across three transactions, and the company said at the time that the purpose was …

03
Fintech 4 min read

Razorpay Will Help Indian Brands Buy Ads Inside ChatGPT

A payments company selling advertising services is less strange than it first appears, and the reason says something about where margin is moving. Payment processing is a commodity. The fee per transaction is competed do…

04
SaaS & Tech 4 min read

Paramount Has Closed Its $110 Billion Warner Bros Merger To Form Skydance

The framing the buyers have chosen is worth examining, because it is not really a media argument. Skydance's executives have described the goal as turning a studio into a technology company, with artificial intelligence …

05
Funding 5 min read

India's NDude Labs Leads $3M in SuperMush, Betting on Both Ends of the Supplement Aisle

Walk down the supplement aisle in an American Target and a good share of what is fashionable has Indian roots. Ashwagandha and turmeric came out of Ayurveda. Shilajit, a mineral-rich resin that seeps from rock in the Him…

06
Funding 6 min read

CureMeAbroad Raises $1.1M to Send Western Patients to Surgeons in Turkey, Mexico and India

Most Indian medical tourism companies are built to bring patients into India. CureMeAbroad is built to send them wherever the procedure makes most sense, and India is only one of the places it sends them. That reflects h…

07
Funding 6 min read

Kinetic Age Raises $250K for At-Home Care That Children Buy for Ageing Parents

The person who buys Kinetic Age is often not the person who uses it. Its website opens with an appeal to give your parents the care they deserve, and its care model includes a relationship manager whose job is to keep th…

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