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Trudeau announces 75 percent wage subsidies, interest-free loans for Canadian small businesses(BETAKIT)
The 75 percent wage subsidy will be available for “qualifying businesses” for up to three months and will be retroactive until March 15.
Knix launches fundraising campaign to donate medical equipment to healthcare workers(BETAKIT)
Knix is calling for donations to help the startup purchase protective equipment for healthcare workers on the frontlines in the fight against COVID-19.
Target pauses plans for grocery pickup amid COVID-19 outbreak(BETAKIT)
Target is pausing its plans to offer curbside pick-up of groceries and alcoholic beverages, citing the COVID-19 outbreak as the key factor in its decision to delay the launch.
Cazoo raises UK£100M in additional funding(FINSMES)
The company intends to use the funds to continue to expand operations and its business reach.
Shopify Capital makes additional $200 million available to merchants affected by COVID-19(BETAKIT)
Shopify has added $200 million to Shopify Capital as a way to support small businesses affected by COVID-19.
Udaan receives $30 Mn from holding company(ENTRACKR)
The company has been in the headlines for raising back to back funding rounds, jumping valuation and the expenditure versus revenue figures it reported in the last fiscal year.
Coffee startup Sleepy Owl raises second round of funding(ECONOMICTIMES)
The Delhi-based coffee startup will use the funds to expand operations, strengthen distribution and launch products.
ClassPass now offers live streamed workouts for those house-bound by coronavirus(TECHCRUNCH)
ClassPass has set up a system that allows these partners to set their own prices, date and time, and share a link to the streaming platform of their choice for their class, whether it be Instagram Live, Facebook Live, YouTube, Twitch, etc.