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INDmoney Acquires Fisdom Wealth management startup INDmoney has acquired Fisdom in a cash and stock deal. This marks INDmoneyโs push to strengthen its mutual funds and insurance stack. Fisdom brings 4M+ users, partnerships with 50+ banks, and deep regulatory expertise. The acquisition signals ongoing consolidation in Indiaโs fintech space as players aim to become full-stack wealth platforms.
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Top News of the Day: 1. Spend management startup Dice raises $5 million from Dallas Venture Capital India Fund 2. NPCI International Payments has partnered with Network International to expand the adoption of Unified Payments Interface (UPI) in the
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๐๐๐บ๐ฏ๐ผ๐๐ฎ๐ถ๐น ๐ต๐ฎ๐ ๐ฟ๐ฎ๐ถ๐๐ฒ๐ฑ $๐ญ๐ฎ๐ฌ ๐บ๐ถ๐น๐น๐ถ๐ผ๐ป (approximately โน1,000 crore) in a Series D funding round. The round was led by SC Ventures, the innovation and investment arm of Standard Chartered. Other key investors include Artal Asi
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Top News of the Day: 1. Sachin Bansal's Navi Technologies defrauded of Rs 14.26 crore by scammers 2. Meta Platforms Inc. will continue employing fact-checkers outside the US "for now," despite discontinuing this practice domestically. 3. Spain's d
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Top News of the Week 1. Funding: - On a weekly basis, startup funding dropped by nearly 43% to $105.87 million as compared to around $184.4 million raised during the previous week. - In the growth-stage funding landscape this week, B2B cross-borde
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Top News of the Day 1. Flipkart Ventures backs Indian healthtech startup Medikure with $10 million in Series A funding to enhance AI-powered diagnostics. 2. Elon Musk launches SpaceChain Ventures, a $1 billion fund to support startups focused on sp
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Top News of the Day: 1. Sam Altman landing to find a spot for Open AI in India's big AI agenda 2. Salesforce is set to cut over 1,000 jobs while hiring for new AI product roles, according to Bloomberg News. 3. Elon Musk has gained significant infl
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Top News of the Week: 1. Funding: - 35 Indian startups raised around $261.21 million in funding, this week - On a weekly basis, startup funding bounced back by nearly 125% to $261.21 million as compared to around $116 million raised during the pre
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B2B2C fintech startup SPARE8 raises funding to reorganize India's Gold Investment landscape! Spare8, a Mumbai-based B2B2C fintech startup, has raised an undisclosed amount in its latest funding round. The round was led by Param Agrawal, son of reno
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