Team VS

GooglePay, PhonePe (supported by Walmart), and AmazonPay are three of the five payment companies vying to participate in the Indian central bank's digital currency trial.

Sairam Krishnamurthy has been named as the Senior Vice President (SVP) and Chief Operating Officer (COO) of Swiggy Instamart, a quick commerce platform based in Bengaluru.

Last week, there was a significant increase in foreign investments in Indian government bonds that are qualified for index inclusion. This indicates that the measures taken by the central bank to restrict these securities have had minimal impact on investor confidence.

ace turtle, India’s leading technology-native retail company today announced the appointment of three distinguished leaders to its senior management team.

CURRYiT has officially concluded its most recent financing round, securing a total of Rs 4.5 crore.

Agrizy, a B2B agri-processing platform, has secured $9.8 mn in Series A funding. The funding round was led by Accion, a digital lending non-profit, and Omnivore, an agri-investor.

Lakshmi Shankar has been appointed as the General Partner of Together Fund, a venture capital firm with a focus on Software-as-a-Service (SaaS).

Mohalla Tech, the parent company of the vernacular social media platform ShareChat and the brief video entertainment app Moj, has increased its debt round to $65 million with the most recent infusion of $16 million from Singapore-based EDBI.

Country Delight, a dairy brand and daily essential brand has secured a loan of Rs 70 crore ($8.45 million) from Alteria Capital. This marks the second instance of the investor providing more funds to the Gurugram-based firm in 2024.

Indian Startups raised capital in order to expand and move into more successful. Here is this week’s Top 10 Indian Startups Funding Roundup – July 29 – August 2, 2024.