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Farmer Leaders To Hold Day-Long Convention At Singhu Border To Mark 9 Months Of Agitation

Farmer Leaders To Hold Day-Long Convention At Singhu Border To Mark 9 Months Of Agitation
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ETtech Deals Digest: Logistics startups raise bigger financing rounds


ETtech Deals Digest: Logistics startups raise bigger financing rounds
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Last Updated: Jun 04, 2021, 07:03 PM IST
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Synopsis
Logistics and supply chain startups bagged bigger rounds this week. Meanwhile, Mensa Brands the Thrasio-style venture of former Myntra CEO Ananth Narayanan secured $50 million in a mix of equity and debt.
iStock
Logistics and supply chain startups bagged bigger rounds this week. Meanwhile, Mensa Brands, the Thrasio-style venture of Ananth Narayanan, secured $50 million in a mix of equity and debt.
Logistics startup Delhivery has
picked up around $277 million in a new funding round led by US-based Fidelity with Singapore’s sovereign wealth fund GIC also participating, latest regulatory filings accessed by ET showed. Scotland’s Baillie Gifford and Abu-Dhabi-based fund Chimera have come in as new investors in the Gurgaon-based company, which is planning to launch its initial public offering (IPO) next year. ....

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