Startup News Sept Week 1

1. ClearDekho Becomes the First Retail Brand in India to Raise Funds from SOSV-MOX, Asia’s Leading Mobile Accelerator

2. SoftBank Group Corp has intensified its search for a new India head, reported ET.

3. Urban Ladder wants to raise $35-40 million to expand its offline presence, adding stores in Mumbai, Chennai and Pune by January.

4. Swiggy has held discussions with a host of investors to raise $500-700 million, a significant portion of which Tencent wants to contribute. The investment could value Swiggy at $2.5-3 billion, reported ET.

5. Paytm Money Launches Dedicated App for Mutual Fund Investments at Zero Charges

6. Nexus-backed Co-living Brand Zolo Enters Hyderabad

7. Fireside Ventures is on the verge to complete investment of Rs 100 crore in 18 deals from its first fund which it had raised in March with a corpus of Rs 340 crore.

8. Vernacular focused news and entertainment aggregation DailyHunt has raised over $6 million as a part of Series E funding round from New York-based hedge fund Falcon Edge.

9. Amazon today launched Hindi version of its online shopping website for Android mobile (app and web) users.

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