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Investing in start-ups is now seen as a status symbol; they also give eye-popping returns

The Bengaluru-based health and wellness marketplace startup will be using the funds to invest in technology, team hiring, and expansion of a network of experts and categories on the platform.

YourStory presents this daily roundup of the latest startup news and updates from the Indian startup ecosystem and beyond. Here's the roundup for Monday, June 7, 2021.

IndoSpace continues to be bullish on warehousing and industrial sector in India Rajesh Jaggi, Vice-Chairman – Real Estate, Everstone Group Synopsis "IndoSpace being the front runner, we are very bullish on this sector. So, for example, in 2020, we did a total of nine acquisitions and invested close to $500 million. We are not slowing down our acquisition process. We are bullish on that segment and we continue to invest," said Rajesh Jaggi, Vice-Chairman – Real Estate, Everstone Group. IndoSpace, India’s largest investor and manager of Grade A industrial and logistics real estate continu...

Around the house: GCs arrive at SMBC and Boyd Gaming 06 May 2021 Around the house: GCs arrive at SMBC and Boyd Gaming Siemens has also named a new chief compliance officer in Munich, while lidar startup AEye has appointed a new general counsel as it prepares to go public From Citi to SMBC  Citigroup heavyweight Scott Flood has moved to Sumitomo Mitsui Banking Corporation, where he’s been named managing director and US general counsel of the company and general counsel of SMBC Americas Holdings, its US bank holding company. In his new role, New York-based Flood is responsible for overseei...