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Mi 11 Lite First Sale in India Today at 12 Noon via Flipkart, Mi.com; Mi TV Webcam Available as Well

Mi 11 Lite sale in India is taking place today (Monday, June 28), and the smartphone will be available at a starting price of Rs. 19,999. Alongside Mi 11 Lite, Mi TV Webcam is set to be available for purchase today.

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L&T washes its hands of Cognizant India bribery case in US

L&T says it cannot be made a party in an ongoing case against two ex-Cognizant executives over an alleged $2 million bribe paid to Indian government officials to receive building permits for the IT services provider’s campus in Chennai.

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PUBG owner Krafton makes its first India investment in Loco

Game streaming platform Loco has raised $9 million in a seed round led by South Korean gaming firm Krafton and gaming and interactive media fund Lumikai.

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Logistics startup GoBolt raises $20 million from Paragon Partners, others

GoBolt, an end-to-end logistics solutions provider, is looking to raise another $10 million as part of its extended Series B funding round and is in talks with other investors, CEO Parag Aggarwal says.

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Fintech startup Slice raises $20 million from Gunosy, Blume Ventures

Fintech startup Slice, which offers customers flexibility in paying credit card bills and reward points on transactions, will use the fresh funding, to diversify offerings and expand its team, CEO Rajan Bajaj says.

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IFPI says Twitter not licensed to play music shared by IT Minister Ravi Shankar Prasad

The Federation of Phonographic Industry, on whose complaint Twitter briefly locked the account of Union IT Minister Ravi Shankar Prasad last week, said the company had not taken a “licence for music content” that users could post.

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PharmEasy gets $300 million booster shot for Thyrocare deal

PharmEasy has raised $300 million more, bringing the total funding received by the online pharmacy since April to $650 million, most of which will be used to fund its ongoing acquisition of diagnostics chain Thyrocare.

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Yellow.ai deploys 30% of global generative AI bots domestically

While markets like the US are mostly using GenAI for customer support in a bid to cut costs, India Inc. is using them as an opportunity to g...