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ShopUp raises $22.5 million to digitize millions of mom-and-pop shops in Bangladesh – TechCrunch

A startup that’s aiming to digitize thousands and thousands of neighborhood shops in Bangladesh simply raised the nation’s largest Sequence A financing spherical. Dhaka-headquartered ShopUp mentioned on Tuesday it has raised $22.5 million in a spherical co-led by Sequoia Capital India and Flourish Ventures. For each the enterprise corporations, that is the primary time they’re […]

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SAIF Partners rebrands as Elevation Capital, secures $400 million for its new India fund – TechCrunch

SAIF Partners has raised $400 million for a brand new fund and rebranded the 18-year-old influential enterprise capital agency because it seems to be to again extra early-stage startups on the earth’s second largest web market. The brand new fund is SAIF Companions’ seventh for early-stage startups in India. Its earlier two funds have been […]

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WarnerMedia to discontinue HBO and WB TV channels in India, and select other South Asia markets – TechCrunch

WarnerMedia will discontinue HBO and WB TV channels in India, Pakistan, Maldives, and Bangladesh later this 12 months because the leisure conglomerate struggles to discover a sustainable enterprise mannequin in South Asian regardless of working within the area for over a decade. The corporate mentioned it’s going to finish HBO and WB TV channels within […]

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OnePlus co-founder Carl Pei leaves the company to start a new venture – TechCrunch

Carl Pei, who co-founded the smartphone large OnePlus in his 20s, is leaving the corporate, two sources accustomed to the matter informed PJDM. Pei performed an instrumental position in designing the OnePlus smartphone lineup through the years, together with the recently launched OnePlus Nord, which has been the corporate’s greatest hit thus far. Exterior Shenzhen, […]

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India’s Razorpay becomes unicorn after new $100 million funding round – TechCrunch

Bangalore-headquartered Razorpay, one of many handful of Indian fintech startups that has demonstrated accelerated progress lately, has joined the coveted unicorn membership after elevating $100 million in a brand new financing spherical, the funds processing startup stated on Monday. The brand new financing spherical, a Sequence D, was co-led by Singapore’s sovereign wealth fund GIC, […]