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Flipkart Raises $1 Billion In A New Fundraising Round

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Flipkart raises $1 billion, Flipkart, Flipkart raises new fundraising round, Indian e-commerce sector flipkart, e-commerce sector flipkart, SoftBank, Anup Vikal, startup stories, flipkart investment, flipkart latest news

Online e-commerce sector Flipkart recently raised $1 billion in a new fundraising round. The company has raised $1 billion in a fresh funding at a valuation of $10 billion. This new fund will provide Flipkart the much-needed boost to fight against its major competitor Amazon to acquire the top position in the Indian e-commerce sector.

After scoring a $1 billion round, Flipkart does not seem to close the round and is keen to keep it open, if in case more investors are interested in investing in this startup.

But what is more surprising is the fact that Flipkart is all ready to buy its rival company Snapdeal. Snapdeal is also a popular e-commerce sector which stands third among its line of sectors. Snapdeal’s largest investor SoftBank is pushing for this deal. SoftBank holds 33% stake in this company.

However, Snapdeal’s largest investor SoftBank which made this decision has failed to convince Jasper Infotech, which owns Snapdeal.

Meanwhile, Anup Vikal, CFO of Snapdeal, said in an interview: “Snapdeal is looking to raise over $100 million from existing shareholders including SoftBank and other new investors.”

Previously, these e-commerce companies in India have opted to use funds to offer discounts to lure more customers so as to increase the company’s burn rates.

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Imarticus Learning Acquires MyCaptain for INR 50 Crore to Boost Non-Tech Upskilling

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My Captain

Imarticus Learning, an IPO-bound professional education firm, has acquired Bengaluru-based edtech platform MyCaptain for INR 50 crore in a cash-and-stock deal. This marks Imarticus’s fourth acquisition in four years and is aimed at expanding its presence in non-tech career training, especially across India’s Tier-II and Tier-III cities. MyCaptain, which has over 500,000 learners and a revenue of ₹27 crore for FY25, specializes in creative and entrepreneurial fields, with 60% of its users from smaller cities.

 

With this acquisition, Imarticus will bring MyCaptain’s employability bootcamps in digital marketing, design, and content to its 20+ classroom centers in 16 cities, blending online and offline learning. MyCaptain will operate as a fully-owned subsidiary, and all 250 of its employees will join Imarticus, expanding the combined workforce to over 850. The move supports Imarticus’s goal to reach five million learners by FY28 and deepen its offerings in non-tech domains.

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Ex-100X.VC Partners Launch 247VC, Announce INR 250 Crore Fund for Seed-Stage Startups

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StartupStories

Former 100X.VC partners Yagnesh Sanghrajka and Shashank Randev have launched a new venture capital firm, 247VC, unveiling a maiden fund with a target corpus of INR 250 crore (about $30 million). The SEBI-registered Category II AIF includes a base of INR 200 crore and a INR 50 crore greenshoe option, and is focused on backing 30 seed-stage startups across India over the next three years.

 

247VC will target high-potential founders in sectors like deeptech, enterprise tech, consumption, and Industry 5.0, with initial cheque sizes ranging from INR 3 crore to INR 4 crore and follow-on capital for top-performing companies. The fund has attracted prominent early backers, including Sachin Tagra (JSW Ventures), Vivek Mathur (ex-Elevation Capital), and Shailendra Majmundar (Johns Hopkins University).

Sanghrajka and Randev, who together have invested in over 200 startups previously, aim to support ambitious founders building for scale and innovation, especially in emerging and underexplored markets. The launch comes as seed-stage investing gains momentum in India, with average cheque sizes rising despite a cautious funding environment.

 

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Flam Secures $14M Series A to Revolutionize Mixed Reality Marketing with AI

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Flam_StartupStories

AI infrastructure startup Flam has raised $14 million in a Series A round led by RTP Global, with participation from Dovetail and existing investors, bringing its total funding to $22 million. Founded in 2021, Flam enables brands to create and deliver high-fidelity mixed reality (MR) and generative AI experiences without the need for app downloads, allowing consumers to access immersive content via QR codes or links in under 300 milliseconds.

Flam’s platform is already used by over 100 global brands-including Google, Samsung, and Netflix-reaching more than 380 million users. The new funding will accelerate product innovation, expand operations in North America, Europe, and Asia, and launch a full-stack enterprise suite for MR and GenAI-driven marketing. The company currently has over 120 employees and plans to grow to 180 by the end of 2025, aiming to transform every brand touchpoint into an interactive digital experience.

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