CollegeDekho raises $35 million, to expand education offerings

The round was led by Winter Capital, ETS Strategic Capital, Calega and existing investor Man Capital. Disrupt ADQ and QIC also came on board.

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RateGain Travel IPO opens on Dec 7, price band fixed at Rs 405-425

At the upper end of the price band, the total issue will be worth Rs 1,336 crore, the company said, with issue proceeds being used for repaying of debts and payment of deferred consideration for one of its acquisitions, apart from investments in growth and acquisitions.

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India IT spending to top $100 billion in 2022 in sign of post-pandemic revival

According to Gartner, India’s IT spending will grow 7% year-on-year to $101.8 billion in 2022. That compares with its forecasts of $81.89 billion spending in 2021, $79.26 billion in 2020 and $92.01 billion in 2019.

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Nykaa plans to open 300 stores to drive offline growth: Falguni Nayar

The physical Nykaa stores — targeting Indian consumers wanting to buy touch-and-feel products — are a critical part of the business, Falguni Nayar says. The company is India’s largest cosmetics etailer.

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Evenflow partners logistics startup Shiprocket for supply chain at scale

Evenflow aggregates third-party sellers on e-commerce platforms like Amazon and Flipkart. It acquires online marketplace sellers in the range of $200k - $1.5 million per brand.

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Cred acquires Happay to help users with credit card management

Happay, founded by Anshul Rai, will continue to operate independently but work closely with Cred’s leadership to leverage its ecosystem, build distribution and expand its product offerings.

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Edtech startup NxtWave raises $2.8 million from Orios, Better Capital

The fresh capital will be used by NxtWave for hiring, product development and fuelling its expansion plans to achieve its aim of growing revenue by five times over the next 12 months, according to a statement.

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