On-demand staffing platform Gigforce raises $3 million from Endiya Partners, angels

Gigforce cofounder and CEO Chirag Mittal said the fundraise will help strengthen the team and technology and rapidly scale pan-India in the next few quarters.

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Flipkart launches programme to find and build D2C brands

The programme, Flipkart said, will shortlist brands on certain criteria like growth potential, revenue run-rate and customer focus, after which they can pitch to sector-focused venture funds.

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COGOS Technologies raises $2 million from Dubai, New York investors

COGOS Technologies, a Bengaluru-based enterprise logistics company, aims to further upgrade its model and expand the business both in India and overseas—providing customized tech solutions to its partners.

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Khatabook launches grants programme for employees, ex-employees

Ravish Naresh, cofounder and the chief executive of the company, said in a blog post that the startups will receive equity investment in the range of $50,000 - $100,000

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Flipspaces raises $2 million to grow its newly launched SaaS vertical

Called Vizstore, Flipspaces' business-to-business SaaS vertical allows furniture and furnishing brands and retailers to virtualise the showroom experience—thereby reducing real estate costs.

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El Salvador leads world in adopting bitcoin as official currency

President Nayib Bukele, who has pushed for adopting the cryptocurrency, says it will help Salvadorans save about $400 million the government calculates is spent annually on commissions for remittances, while giving access to financial services to the unbanked.

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Ola GMV has crossed pre-pandemic levels, CEO Bhavish Aggarwal says

Recovery from the second wave of Covid-19 infections has been three times faster as compared with the first wave last year, Ola's founder and CEO Bhavish Aggarwal says.

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