Tuesday, July 27, 2021

Education Platform MPOWER Financing Raises $100 Million in Equity to Support Studying Abroad

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Founded in 2014 by Emmanuel (Manu) Smadja, MPOWER Financing aims to democratize education by reducing financial barriers for high-promise students from around the world. MPOWER's loans are approved instantly and are granted at competitive interest rates without requiring a cosigner or collateral. MPOWER additionally provides students with academic, financial and career guidance to position them for success both in school and after graduation.

RiseBird announces investment of INR 4.1 crores from SAB Holdings

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Expert-led video interview platform RiseBird announced that it has received an investment of INR 4.1 crores from SAB Holdings. RiseBird is also part of...

HealthTech Startup, Eka.Care raises USD 4.5 mn Seed Funding from Angel and Early-Stage Investors

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 Eka.Care, a connected healthcare platform, founded by former Co-Founders of Goibibo, has picked up seed funding of USD 4.5 million from a clutch of...

Capital India to Invest USD 25 million in Credenc For Education Finance

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Capital India, a finance conglomerate has added another business to its portfolio through strategic investment of USD 25 Million in mixed equity & debt in Credenc, an...

Lenskart raised $200 million from Temasek Holdings and Falcon Edge Capital

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SoftBank-backed online eyewear retailer Lenskart has raised $200 million from investors including Temasek Holdings and Falcon Edge Capital. The company aims to use the...

LEAD School rebrands as LEAD, to focus on transforming conventional schooling

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 LEAD School, a major EdTech player in the K-12 segment, has rebranded itself as LEAD. It reflects the evolution of LEAD from a chain of...
Cryptocurrency

How are cryptos increasing the popularity of investments in general?

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Cryptocurrencies have forever changed many aspects of our lives. More than ever before, people from all over the world have the opportunity to invest...

Vedantu invests in Pedagogy, India’s largest interactive digital books platform for competitive exams in...

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Vedantu, a pioneer in LIVE online learning, today announced a strategic investment in Pedagogy, an AI-enabled personalized learning platform that provides online courses and...

UNIFORM JUNCTION TO INVEST OVER USD 1 MILLION IN COLLABORATING WITH WORLD LEADING EDTECH...

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Uniform Junction, India’s first one stop integrated supply chain platform for K-12 schools, a part of the Arvind Mafatlal group, today announced its partnership...

EARLY LEARNING ED-TECH PLATFORM, NALANDA LEARNING, RAISES INR 40 CR IN FRESH INVESTMENT FROM...

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Kolkata based edtech venture, Nalanda Learning Systems Pvt. Ltd., has raised INR 40 crof investment from Aavishkaar Capital. Nalanda Learnings rapidly disrupting the early childhood learning space in India through its digital early learning platform. Having established market leadership in West Bengal through its chain of “Little Laureates” preschools, the company has now set its sights on expanding nationally through its high quality integrated platform of digital content, curriculum and pedagogy, targeting children in early years.

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B2B payments platform Nium raised over $200 mn, current valuation reached over $1 billion

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B2B payments platform Nium announced on Tuesday that it has raised over $200 million in its Series D funding round. The funding was led by US-based tech investor Riverwood Capital. Nium’s current valuation is over $1 billion, making it the first global B2B payments unicorn from Southeast Asia.

Axis Bank Q1 net profit rises 94% to Rs 2,160 cr

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Axis Bank on Monday reported a 94 per cent year-on-year (YoY) increase in its net profit for April-June at Rs 2,160 crore, mainly due to lower provisions. However, the profit was lower than Rs 2,677 crore posted in preceding March quarter.