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General Catalyst, Aravind Srinivas of Perplexity, Vijay Shekhar Sharma of Paytm, Harsh Jain of Dream 11 are among the notable limited partners (LPs) of the fund, sources told Moneycontrol. Activate has already signed its first term sheet.
According to UpGrad MD Mayank Kumar, paying 5-10% higher costs in Mumbai than in cities like Gurugram is still justified by the quality talent and lower attrition rates found in the financial capital.
The Tech Entrepreneurs Association of Mumbai (TEAM) consists of Mumbai-based startup founders that have come together in a first-of-its-kind initiative to establish brand Mumbai as a startup hub.
Mumbai currently houses a sixth or about 18 of the country’s 108 unicorns, the third most after Bengaluru and Delhi/NCR (National Capital Region), but has never been recognised as a startup hub, primarily due to high cost of living
Haptik co-founder and CEO Aakrit Vaish told Haptik co-founder and CEO Aakrit Vaish told PTI.
Flat.to is a real estate listing website announcing its official launch in Mumbai. The site connects college students with brokers and owners to find flats.
