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Footwear brand Inc.5 raises maiden institutional funding of $10 million, ET Retail

Legacy footwear brand Inc.5 Shoes raised its maiden venture funding of $10 million (about Rs 83 crore) in a round led by Mumbai-based venture firm Carpediem Capital, with participation from Param Capital and P3 Venture Fund.

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Showroom B2B raises $6.5 million in funding led by Jungle Ventures, ET Retail

Showroom B2B: The latest round of funding will help scale the company’s experience store model across Tier II and III markets in India, as per a statement. These stores facilitate access to garment samples and catalogues for fashion retailers and wholesalers.

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Start-up funding picks up in October, but fintech and edtech struggle

Fintech funding dropped to its lowest in October 2022, with payments being the worst hit segment. Overall start-up funding, meanwhile, showed an upward trend for the first time this year.

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Startup funding in India nosedives by a huge 33%

The Indian startups raised $6.9 billion in Q2 in 409 funding rounds and the top startups were VerSe ($805 million), Delhivery ($304 million), and udaan ($275 million).

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