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Fashinza and Virgio failed to attract customers in the original business plans for which they had raised the funds. They are now returning most of the capital they had raised, after a change in their business models. ....
Happy Monday! Homegrown investment fund A91 Partners is once again upping the size of its latest India-dedicated fund, per sources in the know. Details of this and more in todays super packed ETtech Morning Dispatch. ....
Fashinza Virgio: Fashinza and Virgio failed to attract customers in the original business plans for which they had raised the funds. They are now returning most of the capital they had raised, after a change in their business models. ....
WestBridge Capital, which appears to be retuning its investment strategy with bigger and bolder bets against its historical stance of picking small stakes for sub-$50 .. ....
The month of March saw total venture funding cross $1 billion, boosted largely by Lenskart and PhonePe, but the environment still remains challenging. ....