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00:00 Ashneer Grover launches his latest venture ZeroPe
01:58 Zomato launches large order fleet
03:22 Ola joins ONDC to venture into grocery and fashion
04:28 Ola Electric slashes prices of their electric scooters
05:22 Namma Yatri launches cab hailing in Bengaluru
06:17 Nikhil Kamath launches WTFund
06:51 Byju’s update
07:26 Funing news
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Ashneer Grover launches his latest venture ZeroPe

1.Ashneer Grover wants to get back into the fintech space with his latest startup ZeroPe.
2.ZeroPe has partnered with Delhi-based NBFC Mukut Finvest to offer instant medical loans of up to 5 lakh rupees.
3.But these loans will only be accessible to you if you are availing medical services at one of ZeroPe’s partner hospitals.

Zomato launches large order fleet

1.Deepinder Goyal is trying out new experiments to increase the total addressable market for Zomato.
2.This entire fleet is going to be electric.
3.This decision comes just a few weeks after they launched a dedicated fleet for their pure vegetarian customers.

Ola joins ONDC to venture into grocery and fashion

1.Bhavish Aggarwal’s Ola has joined hands with the ONDC to venture into grocery and fashion segments.
2.Users can already order food from ONDC through Ola’s app.
3.They want to expand into multiple categories like food, groceries and fashion

Ola Electric slashes prices of their electric scooters, deliveries to start from next week

1.4kWh S1 X variant is now priced at 99,999 rupees - down from 1,09,999 rupees.
2.Their 3kWh S1 X variant’s prices is dropped to 84,999 from 89,999 previously.
3.Their 2kWh S1 X variant is now priced at just 69,999 - down from 79,999 - making it their cheapest electric scooter.

Namma Yatri launches cab hailing in Bengaluru

1.Namma Yatri has launched their cab-hailing business in Bengaluru and again, they will be using their zero commission model to get more drivers on their platform.
2.The idea is to simply charge a fixed daily, weekly or monthly fee from drivers instead of taking a cut from each ride they get through the app.

Nikhil Kamath launches WTFund

1.Nikhil Kamath has launched WTFund - which aims to fund 40 young entrepreneurs with “groundbreaking ideas and solutions” by giving you an equity-free grant of 20 lakh rupees to work on your idea.

Byju’s update

1.Arjun Mohan, who had joined Byju’s just seven months back, as their India CEO, has resigned from the company.
2.Arjun will transition into an external advisory role and Raveendran Byju will be coming back to take charge of their day-to-day operations.

Funding

1.Indian startups raised a total of 343 million dollars.
2.Mumbai-based consumer lending startup RING raised 100 million dollars in debt.
3.Bengaluru-based renewable energy raised 50 million dollars in debt.
4.Bengaluru-based Indian-langauge social media platform Sharechat raised 49 million dollars in debt.
5.Noida-based B2B e-commerce startup ProcMart, has raised 30 million dollars in their Series B round.
6.Kolkata-based QSR chain Wow Momo, which has raised 9 million dollars in their Series D round.
7.Lightfury Games raised 8.5 million dollars in their seed round.
8.Mumbai-based QSR burger chain Good Flippin’ Burgers, which has raised 3.6 million dollars in their Series A round.
9.Delhi-based Shark Tank-featured emergency healthcare startup Medulance raised 3 million dollars in their Series A round.
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