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This week in first aid: startups witnessing Seed and Series A deal

After a few weeks full of multi-billion dollar power for startups, funding has been received this week. While there was activity in the early stages, there were not many deals taking place in previous stages, according to data shared by Trackxn retailers of deals.First of all, India’s online teaching platform Teach Mint has raised $ …

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Tiger Global, B Capital in participatory negotiations on FarmEasy: Report

Investors majors B Capital and Tiger Global are in talks to participate in Pharmacy Easy online. The agreement is expected to inform parent company e-pharmacy API Holdings nearly $ 1.8 billion, reports the Economic Times.The company last raised $ 350 million in a round led by Prosus Ventures and TPG Growth for $ 1.5 billion, …

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The rise in the price of Bitcoin is more than $ 60,000 and when it comes to reduced supply

Bitcoin rose more than $ 60,000 to close to a high level over the weekend, came out on a solid two-week basis and was driven by a series of limited objections against the evidence of broad acceptance. The world’s largest known cryptocurrency reached $ 61,222.22 on Saturday, the highest for almost a month. It was …

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A new coalition of small businesses has targeted Amazon in the fight against trust

A new coalition of small business groups on Tuesday launched a campaign to enforce US military rights, especially demanding the separation of online commerce titan Amazon. The Small Business Growth Group includes the American Booksellers Association, the National Grocers Association and many local and regional business associations. The federation’s website said its aim was to …

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Brokerage company Upstox warns users of data breaches; states funds, securities remain safe

Retail company Upstox warned customers of security breaches including KYC’s contact details and customer information, but assured users that their funds and security remained secure. The development comes after reports of data breaches in organizations such as MobiKwik, Facebook and LinkedIn. “In the wake of emails claiming unauthorized access to our database, we have appointed …

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Tech Mahindra acquires Events Solutions Group for up to $ 44 million

On April 26, IT major Tech Mahindra said it had acquired the US-based Events Solutions Group for US $ 44 million (about Rs 330 crore). Tech Mahindra, through its wholly owned subsidiary – Tech Mahindra (Americas) Inc., has approved the proposal to acquire 100 percent equity shares in Eventus Solutions Group, LLC, a regulator said. …

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Vedanta, ready to supply oxygen for COVID-19 patients, writes to the Chief Minister of Tamil Nadu

Vedanta has stated that oxygen plants in the closed Sterlite copper smelter can be used to meet the medical oxygen demand used in the treatment of COVID-19 patients. CNBC-TV18 made the offer by Sterlite Copper CEO Pankaj Kumar in a letter to Union Health Minister Harsh Vardhan.Kumar said the Sterlite plant at Thoothukudi, Tamil Nadu …

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Tamil Nadu election result 2021 live update: Trend signal win for Stalin and DMK; The party liked most of the people of Chennai

Tamil Nadu Election Results 2021 Live Update: Early trends in Tamil Nadu have given AIADMK an edge with MK Stalin, with Udayanidhi Stalin, Chepak and Kamal Haasan trailing from Coimbatore South from Kolathur. The counting of the 234-member assembly in Tamil Nadu began at 8 am on Sunday with strict Kovid protocol. While both Dravidian …

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Exclusive : RBI to revoke fraudulent license-related license; Show cause notice

The banking regulator, the Reserve Bank of India (RBI), has issued a show cause notice before canceling the license of fraudulent Sambandh Finserve Pvt Ltd, as it has deteriorated beyond the regulatory minimum and financial condition in recent months Networth has deteriorated, two people directly familiar with the development. One of the individuals quoted above …

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