ShareChat valuation jumps to $2.1 billion with $502 million fundraise

The social media platform - which has close to 160 million monthly active users is available in 15 local languages including Tamil, Malayalam, Bengali and Assamese.

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Twitter held discussions for $4 billion takeover of Clubhouse

Chief Executive Officer Jack Dorsey is bullish on the potential for audio as a new way for people to interact on Twitter, and the company has long bet on live content through partnership deals and acquisitions.

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Haryana shuns, Karnataka funds

In today's ETtech Morning Dispatch newsletter: Gurugram could soon face a mass startup exodus due to a recent policy while Karnataka could setup a Rs 100 crore startup fund. Also, Groww is the latest member to India's startup unicorn club.

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Mumbai: BMC allows 24x7 e-commerce, food delivery services

The new directive from the Brihanmumbai Municipal Corporation (BMC) reverses a recent Maharashtra government order restricting all such deliveries to between 7:00 am and 8:00 pm amid a spurt of Covid-19 cases in Mumbai and rest of state.

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OfBusiness operator OFB Tech raises $110 mn at $800 mn valuation

OfBusiness, which procures raw material for manufacturing and infrastructure sectors, plans to go for an IPO in two years’ time and has been profitable for three years now, CEO Asish Mohapatra says.

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Plaid gets $425 million funding at $13.4 billion valuation

The funding round comes a few months after Plaid and Visa Inc. called off a planned $5.3 billion merger following a US lawsuit aimed at stopping the proposed transaction on antitrust grounds.

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Tesla says the cameras in its cars aren't activated in China

Tesla faces scrutiny in China where the military in March banned Tesla cars from entering its complexes, citing security concerns over cameras in its vehicles.

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