Page 2 - First Cheque News Today

Perfios acquires Fego.ai, an open finance platform, in an ‘acqui-hire’ deal. Fegos team will join Perfios.

Venture capital First Cheque partially exits GIVA, yielding 75-fold return

Early-stage venture capital fund First Cheque has partially exited from its portfolio company GIVA, D2C silver jewellery startup

Every silver lining has a cloud. Infosys announced its first quarter results on Thursday, reporting an 11% rise in profit on-year. However, the company cut its revenue guidance, highlighting the macro challenges for the IT sector. This and more in todays ETtech Morning Dispatch.

Blitz, a startup offering same-day delivery services for omnichannel sellers, on Wednesday said it had raised $3 million in a seed round from India Quotient, Better Capital, First Cheque and Titan Capital.

Same-day delivery platform for omnichannel sellers Blitz has secured $3 Mn in a funding round from multiple investors and angels.

Blitz, which was previously known as Grow Simplee, has raised a total of $3 million in a seed funding round led by venture capital firm ......

Spacetech startups are increasingly relying on the ISRO for hiring grey-haired talent, both on full-time and consultant roles, given the experience and contextual understanding that the deeptech category requires.

Pune-based digital lending platform LoanTap Financial Technologies Pvt Ltd on Wednesday said it has bought healthcare-focussed fintech firm Unofin in an effort to ramp up its exposure in the healthcare financing space.  The financial details of the transaction were not disclosed.  Loantap, which counts Kae Capital, India Quotient, Lighthouse Canton, Avaana Capital, ......

D2C startup GIVA plans to use the capital for inventory management and expanding its offline presence in India.