STARTUP-ED-THE HEADLINES

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  1. Delhivery, the logistic startup managed a $100 million (Rs 655 crore approx) funding round led by Carlyle Asia Partners IV. The deal also involves Carlyle Asia Partners IV (CAP IV) holding a minor yet significant stake in the company. 
  1. Faced with the prospect of falling cash reserves, little interest from existing investors and unsuccessful talks with Chinese funds and Alibaba Group Holding Ltd, the Indian online retailer Snapdeal is seeking investment to shore up its finances in order  to remain competitive.
  2. Third Party Administrators (TPAs) like Medi Assist and health-tech startups like Vistara Health are presenting hospitals rates for various procedures on websites, to ensure that patients and their families get to know the bill amount and can compare hospital treatment rates in advance.
  1. Global ride-hailing firm Uber Technologies is rethinking its car leasing strategy in India, as drivers have returned dozens of leased cars early after the company cut incentives.
  2. A San Francisco-based housing startup called Apis Cor recently built its first home near Moscow in just one day with $ 10,134 worth of materials. The startup claims says it can do the same job quicker than the other construction companies and workers and for a lower price by using a 3D-printing robot.

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