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Seed-stage, India-focused VC firm Good Capital on Friday announced a new $50 million fund to back founders who are leveraging AI for distribution, personalisation or business operations. Good Capital said it is deploying the fund with target cheques of up to $1.5 million over the next 4 years. The VC firm has been an early investor in unicorns such as Meesho and LEAD School. “Integrating AI is now table stakes for any startup. Much like the platform shift to mobile ...
Good Capital launches $50 mn fund to back startups leveraging AI
Homegrown social commerce platform Meesho has reportedly shut down its grocery business called Superstore in more than 90 per cent of cities in India (except Nagpur and Mysuru), resulting in several job losses. According to an Inc42 report, nearly 300 employees have lost jobs after the shuttering of Meesho Superstore. When reached, the company did not comment on the development. In April, Meesho rebranded Farmiso to Superstore, with an aim to highlight its continued focus to fulfill ...
Meesho shutters Superstore grocery biz in India, 300 `lose` jobs
Where are the equity markets headed?What are the growth drivers for the Indian economy? Should investors be worried about the high inflation? How could investors participate in this equity market? These were a few of the questions answered at a webinar conducted by Quantum Mutual Fund on July 22, 2022, where Chirag Mehta, the CIO of Quantum Mutual Fund, and Hitendra Parekh, Fund Manager, shared insights about how investors can ride the India growth story. Chirag Mehta, CIO, Quantum Mutual ...
Equity Markets Poised for Growth – Is Your Portfolio? By Chirag Mehta and Ghazal Jain, Quantum AMC
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