Ecommerce
BigBasket Raises $50 Mn From Alibaba To Bring Supply Chain On Track

The funding will help BigBasket to meet the upsurge demand for essential products. BigBasket had already got a commitment from Alibaba for this funding. As of now, the company is operating around 50% of its capacity

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HealthTech
HealthAssure Gets Funding Boost From Existing Investor Blume Ventures

The funds will be used for its expansion plans. HealthAssure has previously raised $3.5 Mn from investors like Blume and HR fund. The company is also offering Covid-19 tests currently


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FoodTech
Rebel Foods Grabs $50 Mn From Coatue Management

This is Coatue Management's second investment in Rebel Foods which runs close to 325 cloud kitchens across 35 Indian cities

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FinTech
Former PayU India MD Jitendra Gupta’s digital banking startup Jupiter raises $2M

In November 2019, the startup had secured $24 million in a seed round from a number of venture capital firms including Sequoia Capital, 3one4 Capital, Matrix Partners and Beenext, as well as a clutch of top angel investors.

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