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Incnut is planning to invest in its research and development (R&D) labs and overall infrastructure and AI-driven data technology. Personalised beauty care startup Incnut houses SkinKraft and Vedix. Lifestyle Incnut Digital has raised $4 Mn in a pre-Series A funding round, from RP-Sanjiv Goenka Group-backed venture capital firm, RPSG Ventures.
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Paytm Money, launched in September 2018, sells mutual funds directly to consumers via a low-cost regular plan that eliminates the expense of distributor commissions. Vedanti’s CEO and cofounder Vamsi Krishna said that it will use this funding to add new categories and invest in content and technology towards live teaching-learning experience.īengaluru-based wealth management company Paytm Money has raised a $5 Mn (INR 40 Cr) infusion from Paytm parent company One97 Communications. Rahul Kishore, managing director of Coatue will also join Vedantu’s board. The investment was led by US-based investment firm Coatue with participation from existing investors.
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Bengaluru-based online tutoring startup Vedantu has raised $100 Mn in Series D funding round at a $600 Mn valuation.