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After raising $2.3 Mn since its inception in 2020, women-only community startup leap.club is halting its operations due to high customer acquisition costs and retention challenges. The startup announced the decision operations on Instagram and LinkedIn.
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D2C snacking brand Farmley has secured $40 Mn (around INR 338.8 Cr) in a Series C funding round led by L Catterton, along with participation from existing investor DSG Consumer Partners. The startup plans to use the fresh capital to further scale up
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Wait What ?? Thats Smart Move 🔥 Climate-focussed PE firm Eversource Capital is in talks to acquire BluSmart, which is in trouble following the crisis at its related entity Gensol, sources told Inc42. Eversource has offered to acquire the EV ride-
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HSBC Restructures Investment Banking Operations HSBC announced a significant reduction in its investment banking operations, particularly shutting down its Equity Capital Markets and Mergers & Acquisitions advisory businesses in the UK, Europe, and
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Vedantu, the edtech startup, has announced its profitability in the fourth quarter of fiscal year 2024-25 (Q4 FY25). According to cofounder and CEO Vamsi Krishna, the company's collections saw a significant 67% year-over-year (YoY) increase, reaching
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Playbook Partners To Infuse $20 Mn Each In 12-15 Startups Over 2 Years Choudhury told news agency PTI that the firm will focus on companies with over INR 100 Cr turnover across sectors such as SaaS, ecommerce, healthtech, among others He also said
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