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India 6th wealthiest country, says report
Updated : 7 years, 10 months ago IST
New Delhi [India], May 20 (ANI): India is the sixth wealthiest country in the world with a total wealth of USD 8,230 billion, according to the AfrAsia Bank Global Wealth Migration Review.
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Global terrorist Hafiz Saaed's security restored in Pakistan
Updated : 7 years, 10 months ago IST
Lahore (Punjab) [Pakistan], May 19 (ANI): The government of Pakistan's Punjab province has restored the security of Lashkar-e-Taiba (LeT) founder and 26/11 Mumbai terror attack mastermind Hafiz Saaed, apparently in the wake of threat to his life.
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Blockchain based e-commerce platform Runs closes USD 1 mn equity round
Updated : 7 years, 10 months ago IST
New Delhi [India], May 17 (ANI): Runs, a blockchain-based e-commerce platform offering unique experiences has closed an equity round of US 1 million from US investors.
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Droom raises $30mn towards strengthening foothold
Updated : 7 years, 10 months ago IST
New Delhi [India], May 17 (ANI): Online automobile marketplace, Droom has raised USD 30 million in Series D funding, led by Toyota Tsusho Corporation (a member of the Toyota Group) and co-led by Digital Garage of Japan.
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mfine raises $4.2 mn to strengthen tech team
Updated : 7 years, 10 months ago IST
New Delhi [India], May 17 (ANI): App-based on-demand healthcare service provider, mfine, has raised USD 4.2 million in Series A funding, which will be used to build larger hospital network, and further strengthen the technology team.
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US provides USD 44 m as assistance for Rohingyas
Updated : 7 years, 10 months ago IST
Dhaka [Bangladesh], May 16 (ANI): The United States (US), through the US Agency for International Development (USAID), has agreed to provide an additional sum of USD 44 million as humanitarian assistance to Bangladesh to meet the urgent needs of Rohingya refugees.
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Bira 91 raises $50M; aims five-fold growth over three years
Updated : 7 years, 10 months ago IST
New Delhi [India], May 10 (ANI): - Popular craft beer brand, Bira 91, announced that it has received funding worth USD 50 million led by Belgian investment firm, Sofina, thus bringing the company's total funding to over USD 100 million.
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SAM & Co. advises Walmart on acquisition of majority stake in Flipkart for
Updated : 7 years, 10 months ago IST
New Delhi [India], May 10 (NewsVoir): Shardul Amarchand Mangaldas and Co. (SAM & Co.) advised Walmart on its acquisition of majority stake in India's largest online retailer Flipkart Ltd. For USD 16 billion deal. Walmart's investment includes $2 billion in new equity funding. The deal
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Avaamo raises $14.2mn to expand sales, marketing
Updated : 7 years, 10 months ago IST
New Delhi [India], May 9 (ANI): Avaamo, an artificial intelligence (AI)-driven company specialising in conversational interfaces to solve specific high impact problems in the enterprise, announced that it has raised USD 14.2 million in Series A financing round led by Intel Capital, with addi
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Terra Motors raises 10 million dollar fund to expand in Asian market
Updated : 7 years, 10 months ago IST
New Delhi [India], May 8 (ANI): Japan-based Terra Motors, an electric vehicle startup company, on Tuesday announced that it has secured USD 10 million from foreign investors, to accelerate their global expansion.
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Xiaomi lists on HK stock market for USD 10 billion
Updated : 7 years, 10 months ago IST
Hong Kong [China], May 3 (ANI): Chinese smart phone giant, Xiaomi, has filed to list on Hong Kong stock market which is expected to help the company raise up to USD 10 billion.
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Google announces additional grant of USD 3 mn. for Indian nonprofits
Updated : 7 years, 10 months ago IST
New Delhi [India], May 03 (ANI): In its effort to bridge the learning gap in India, Google.org - Google's philanthropic arm, on Thursday announced additional grants of USD 3 million to Central Square Foundation and The Teacher App.
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