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Mobikwik To Raise $100 Mn From BlackRock Valuing It At $1 Billion

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An Indian online payments platform MobiKwik is all set to raise funds from investors including Black Rock Inc., and others valuing the company at about $1 billion.

Gurgaon headquartered company MobiKwik is in advanced talks to raise another round of funding from Bank of Baroda as well as Canara Bank. If this deal is finalized, then MobiKwik will be the second startup in the India’s fintech industry after the Alibaba backed Paytm.

India’s first unicorn One97 Communications is also in talks with SoftBank to raise as much as $1.4 billion, some close sources reported.

Founded by a couple Bipin Preet Singh and Upasana Taku, in 2009, MobiKwik is trying hard to compete with PayTm which is now holding the top most position in the Indian e-payments platform. Interestingly, both, PayTm and MobiKwik are keen to acquire Freecharge.

MobiKwik offers a varied service which includes mobile phone based payment system. This company has more than 55 million customers till date.

Meanwhile, spokesperson for Canara Bank, Bank Of Baroda and MobiKwik were not responding to the emailed queries. Well, waiting for an official statement to confirm this news.

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    as MK-677 features equally, we’d count on an analogous motion.
    Hair loss just isn’t a common SARM aspect impact, however it is
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    SARMs are regularly proclaimed to be much more female-friendly than steroids, potentially opening up a complete new world of substances
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    attributable to anabolic steroids. Definition, vascularity, and muscle hardness enhance because
    the cycle progresses, and critically, whereas you’re on a hard
    food plan – you won’t really feel a lack of power, energy, or stamina.

    I began with very little and always put 110% into the fitness center to get
    to where I am now. From anabolic steroids to
    SARMs to peptides and ancillary medication, I’ve carried out
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    Some SARM compounds can deliver noticeable changes inside
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    While not as pronounced as with anabolic steroids,
    some users report experiencing mood swings, nervousness,
    and irritability whereas on SARMs.
    Lately, the SARM GLPG0492 was tested in dystrophin-mutated mdx
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    muscle mass and performance in mdx mice that had been both sedentary or have
    been careworn by exercise (94). These information assist
    using SARMs for the remedy of DMD either alone or as combination with exon-skipping medicine or different methods such as NFkB or myostatin inhibitors.
    Mixture therapies capable of increasing muscle mass may potentially
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    Many trials weren’t revealed, making this SARM extra of a mystery than others.

    Andarine is especially valued as a compound that helps preserve lean muscle
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    In 2008, WADA banned SARMs, and prohibited SARMs (both out and in of competition)
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    SARMs are listed within the category of Other Anabolic Agents” underneath section S1.2 of the WADA Prohibited Listing, with examples including ostarine, andarine and ligandrol. Another key distinction between SARMs and steroids is their authorized standing.
    If you’re going to run a Cardarine cycle, take a glance at my full Cardarine (GW ) cycle guide. It is not really helpful that anyone exceed 20mg of Cardarine every day, which is more than enough to provide important advantages, particularly concerning endurance. New customers will most probably wish to start on the lower yet still effective dose of 10mg daily. Many users is not going to wish to exceed 15mg day by day, and only probably the most advanced users will progress to 20mg per day. Early customers of S23 used trial and error, and a lot of shared their personal experiences with specific doses so the rest of us could make as knowledgeable a decision as attainable. If you’re going to run a S23 cycle, try my full S23 SARM cycle guide. Since there are no human studies on S23, all side effects are reported anecdotally by people who have used this SARM.

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Amazon India Launches At-Home Diagnostic Service, Expands Healthcare Ecosystem

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Amazon India has expanded its healthcare portfolio with the launch of Amazon Diagnostics, an at-home diagnostic testing service developed in partnership with Orange Health Labs. Now available in six major cities—Bengaluru, Delhi, Gurgaon, Noida, Mumbai, and Hyderabad—the service covers over 450 PIN codes and offers access to more than 800 diagnostic tests. Customers can book tests via the Amazon app, schedule home sample collection within 60 minutes, and receive digital reports for routine tests in as little as six hours, making healthcare more accessible and convenient than ever before.

This launch completes Amazon’s integrated healthcare suite in India, which already includes Amazon Pharmacy for medicines and Amazon Clinic for virtual doctor consultations. By bringing these services together under the Amazon Medical umbrella, the company enables a seamless outpatient journey—from doctor consultation to lab testing and medicine delivery—all managed through a single digital platform. The partnership with Orange Health Labs ensures high-quality, reliable diagnostics, supported by Amazon’s operational expertise and focus on customer trust.

Amazon’s entry into the $15 billion Indian diagnostics market signals a major shift in the country’s health-tech landscape, introducing new competition for established diagnostic players. Rather than competing solely on price, Amazon is prioritizing a seamless, trustworthy experience, aiming to address the growing demand for digital healthcare solutions and simplify access for millions of users across India.

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Bhavish Aggarwal’s Krutrim Unveils ‘Kruti’ — An Agentic AI Built for Bharat

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Kruti

Bengaluru, June 2025 – Krutrim, the AI startup founded by Ola’s Bhavish Aggarwal, has launched its new agentic AI assistant, Kruti. Unlike traditional virtual assistants, Kruti is designed with an Indian-first approach — combining cultural context, multilingual capabilities, and generative AI to offer a more intuitive, task-oriented experience for users.

Kruti is built to do more than just respond to queries — it can independently perform tasks, make decisions, and integrate across platforms for productivity and communication. Powered by Krutrim’s proprietary Indian-trained language model, it brings a deep understanding of local languages and digital behaviors, catering to both personal and business needs in the Indian ecosystem.

Aggarwal described Kruti as “India’s digital brain,” highlighting its role in redefining AI for Bharat. The assistant will be rolled out in phases, starting with enterprise partners and expanding through apps and APIs. As Kruti integrates into various platforms — including Ola’s services — it marks a significant stride in India’s ambition to lead the global AI race.

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Bankruptcy Forces BYJU’S to Offload Epic and Tynker for a Fraction of Acquisition Cost

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BYJU’S StartupStories

BYJU’S, once India’s most celebrated edtech startup, has sold its major US-based subsidiaries Epic and Tynker for a fraction of their original purchase prices, marking a dramatic reversal in its global expansion strategy. The distressed sales, approved by a US bankruptcy court on May 20, 2025, come amid the company’s ongoing financial and legal turmoil. Tynker, a coding education platform acquired by BYJU’S in 2021 for $200 million, was sold to CodeHS for just $2.2 million in cash, while Epic, a digital reading platform bought for $500 million in 2022, was acquired by China’s TAL Education Group for $95 million.

These fire-sale transactions were part of a broader restructuring effort to address disputes with lenders after BYJU’S defaulted on a $1.2 billion loan, which triggered bankruptcy proceedings for its US entities. The company’s US unit, Byju’s Alpha, became the focal point of legal battles, including allegations of mismanagement and the misappropriation of funds by top executives. Court rulings in the US have highlighted instances of fraudulent transfers and breaches of fiduciary duty by suspended directors, further compounding BYJU’S woes.

As BYJU’S scrambles to stabilize its core operations, several of its other high-profile acquisitions, such as Great Learning and Aakash Institute, have started operating independently and distancing themselves from the parent company. The massive losses from the sales of Epic and Tynker underscore the risks of BYJU’S aggressive acquisition spree and the severe impact of its financial mismanagement, leaving the future of the once high-flying edtech giant in question.

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