growX Ventures

GrowX Ventures Management Pvt. Ltd. is a venture capital firm based in New Delhi, India, that specializes in early-stage startups. Founded in 2008, it focuses on investing in companies at various development stages, including ideation, prototype, and proof-of-concept. The firm is open to investments across all sectors, with a particular emphasis on business-to-business and deep technology industries. GrowX Ventures typically invests amounts ranging from INR 2.5 million to INR 25 million, supporting innovative entrepreneurs as they navigate the early phases of their business journey.

Manish Gupta

Venture Partner, Emerging and Deep Technology Investing

Sheetal Ranganathan

Venture Partner

Manu Rikhye

Partner

Ashish Taneja

MD

57 past transactions

Pixxel

Venture Round in 2023
Pixxel is a company that manufactures remote sensing satellites, providing valuable data on various resources such as minerals and water on the Moon, Mars, and asteroid belts. Founded in 2018 by students from BITS Pilani, an Indian university, the company is headquartered in Bengaluru, India. Pixxel's technology aims to contribute to advancements in space exploration and resource management by delivering high-resolution satellite imagery and data analysis.

RACEnergy

Debt Financing in 2023
Racenergy Pvt. Ltd. designs and manufactures powertrains for electric vehicles. It also builds battery swapping stations that help electric vehicle drivers to replenish their range. The company was founded in 2018 and is based in Hyderabad, India

RACEnergy

Seed Round in 2023
Racenergy Pvt. Ltd. designs and manufactures powertrains for electric vehicles. It also builds battery swapping stations that help electric vehicle drivers to replenish their range. The company was founded in 2018 and is based in Hyderabad, India

Multipl

Seed Round in 2022
Developer of a financial platform designed to save money and manage expenses. The company's platform offers a plan now, pay later model of saving and spending for high-value purchases and engages to save consistently for a buy to grow money before spending, enabling users to utilize the service to plan and save for their goals.

CynLr

Seed Round in 2022
CynLr is a visual object intelligence platform that specializes in enhancing the capabilities of industrial robotic arms. The platform allows these robotic systems to see, understand, and manipulate objects within random and unstructured environments. By integrating advanced visual recognition technology, CynLr facilitates automation in various industrial applications, thereby improving efficiency and precision in tasks that require object handling. The company's innovative approach positions it as a key player in the field of automation and robotics, contributing to advancements in how machines interact with their surroundings.

Cosmofeed

Seed Round in 2022
A platform providing a workspace for independent professionals to discover, connect, and collaborate with their clients

Zuddl

Series A in 2022
Zuddl is a company that specializes in developing a cloud-based online conference platform designed to facilitate a variety of events, including conferences, workshops, expos, and hybrid gatherings. Founded in 2020 and headquartered in Hyderabad, India, Zuddl's platform allows organizations to create customized digital spaces that promote attendee engagement through features like networking opportunities, discussion tables, polls, and virtual event lobbies. The software enables users to host live events quickly, enhancing the overall experience for participants and facilitating meaningful interactions. By focusing on user-friendly tools for event management, Zuddl aims to streamline the process of organizing and conducting virtual events.

Immensitas

Seed Round in 2021
Immensitas is a marketing automation solution built on a customer data platform.

RACEnergy

Seed Round in 2021
Racenergy Pvt. Ltd. designs and manufactures powertrains for electric vehicles. It also builds battery swapping stations that help electric vehicle drivers to replenish their range. The company was founded in 2018 and is based in Hyderabad, India

MedPay

Seed Round in 2021
Developer of a pharmacy management platform intended to digitize operations, engage customers, and stay compliant. The company's platform includes digital payments, delivery services, GST and non-GST billing, compliance management, inventory management, customer engagement, and business reports, enabling pharmacies to streamline daily tasks and improve the patient experience.

Cell Propulsion

Venture Round in 2021
Cell Propulsion is a fleet electrification company developing technologies and solutions for large scale electrification of commercial vehicle fleets ranging from light commercial vehicles to heavy electric vehicles like eBuses and eTrucks.

Pixxel

Seed Round in 2021
Pixxel is a company that manufactures remote sensing satellites, providing valuable data on various resources such as minerals and water on the Moon, Mars, and asteroid belts. Founded in 2018 by students from BITS Pilani, an Indian university, the company is headquartered in Bengaluru, India. Pixxel's technology aims to contribute to advancements in space exploration and resource management by delivering high-resolution satellite imagery and data analysis.

Zuddl

Seed Round in 2020
Zuddl is a company that specializes in developing a cloud-based online conference platform designed to facilitate a variety of events, including conferences, workshops, expos, and hybrid gatherings. Founded in 2020 and headquartered in Hyderabad, India, Zuddl's platform allows organizations to create customized digital spaces that promote attendee engagement through features like networking opportunities, discussion tables, polls, and virtual event lobbies. The software enables users to host live events quickly, enhancing the overall experience for participants and facilitating meaningful interactions. By focusing on user-friendly tools for event management, Zuddl aims to streamline the process of organizing and conducting virtual events.

Cell Propulsion

Venture Round in 2020
Cell Propulsion is a fleet electrification company developing technologies and solutions for large scale electrification of commercial vehicle fleets ranging from light commercial vehicles to heavy electric vehicles like eBuses and eTrucks.

Pixxel

Seed Round in 2020
Pixxel is a company that manufactures remote sensing satellites, providing valuable data on various resources such as minerals and water on the Moon, Mars, and asteroid belts. Founded in 2018 by students from BITS Pilani, an Indian university, the company is headquartered in Bengaluru, India. Pixxel's technology aims to contribute to advancements in space exploration and resource management by delivering high-resolution satellite imagery and data analysis.

RACEnergy

Seed Round in 2020
Racenergy Pvt. Ltd. designs and manufactures powertrains for electric vehicles. It also builds battery swapping stations that help electric vehicle drivers to replenish their range. The company was founded in 2018 and is based in Hyderabad, India

Cell Propulsion

Seed Round in 2019
Cell Propulsion is a fleet electrification company developing technologies and solutions for large scale electrification of commercial vehicle fleets ranging from light commercial vehicles to heavy electric vehicles like eBuses and eTrucks.

Meddo

Seed Round in 2019
Meddo, operating under Arctern Healthcare, is transforming the delivery of primary and secondary healthcare in India through a connected care platform. The company focuses on providing digitized health records and specialized doctors within its clinics. Its services include in-clinic diagnostics and the dispensing of medications, along with a door-to-door drug delivery system. This approach aims to enhance patient access to professional healthcare services while prioritizing convenience and reducing stress associated with medical treatment. Meddo's innovative model seeks to create a more efficient and patient-centered healthcare experience.

Advantage Club

Seed Round in 2019
Advantage Club operates a platform in India that connects corporate employees with businesses, offering a comprehensive solution for accessing various benefits and discounts. Founded in 2014 and based in Gurugram, the company provides corporate membership programs that facilitate employee discount management. Advantage Club partners with businesses to deliver perks in areas such as dining, travel, education, wellness, shopping, entertainment, and events. It also supports corporate marketing initiatives by offering services like branding, targeted marketing, and web promotions. By fostering mutually beneficial relationships between companies and vendors, Advantage Club aims to enhance employee engagement and satisfaction through a tailored discount experience.

Doxper

Series A in 2019
Updating electronic health records is often the responsibility of doctors and care providers, but no one likes the burden and inconvenience of typing. Doxper is an AI powered data capture solution that allows doctors to instantly digitise their case sheets using a digital pen and encoded paper. The solution can be fully integrated with existing EMR systems. There is no change in behaviour or workflow required.

CynLr

Seed Round in 2019
CynLr is a visual object intelligence platform that specializes in enhancing the capabilities of industrial robotic arms. The platform allows these robotic systems to see, understand, and manipulate objects within random and unstructured environments. By integrating advanced visual recognition technology, CynLr facilitates automation in various industrial applications, thereby improving efficiency and precision in tasks that require object handling. The company's innovative approach positions it as a key player in the field of automation and robotics, contributing to advancements in how machines interact with their surroundings.

Progcap

Series A in 2019
Progcap is a financial service company based in New Delhi, India, that focuses on providing financial opportunities to micro and small businesses, particularly in rural and semi-urban areas. Founded in 2017, the company utilizes a blend of technology and a unique delivery model to underwrite credit, offering flexible and collateral-free working capital to underbanked retailers. Progcap's platform employs non-traditional ecosystem data for risk assessment, enabling the creation of credit scores for customers who are typically overlooked by conventional financial institutions. By leveraging advanced technology, Progcap aims to empower these businesses with affordable and timely credit solutions, thereby enhancing their financial accessibility and operational capabilities.

Pixxel

Seed Round in 2019
Pixxel is a company that manufactures remote sensing satellites, providing valuable data on various resources such as minerals and water on the Moon, Mars, and asteroid belts. Founded in 2018 by students from BITS Pilani, an Indian university, the company is headquartered in Bengaluru, India. Pixxel's technology aims to contribute to advancements in space exploration and resource management by delivering high-resolution satellite imagery and data analysis.

Bellatrix Aerospace

Seed Round in 2019
Bellatrix Aerospace is an Indian space R&D company that specializes in satellite propulsion.

Progcap

Seed Round in 2019
Progcap is a financial service company based in New Delhi, India, that focuses on providing financial opportunities to micro and small businesses, particularly in rural and semi-urban areas. Founded in 2017, the company utilizes a blend of technology and a unique delivery model to underwrite credit, offering flexible and collateral-free working capital to underbanked retailers. Progcap's platform employs non-traditional ecosystem data for risk assessment, enabling the creation of credit scores for customers who are typically overlooked by conventional financial institutions. By leveraging advanced technology, Progcap aims to empower these businesses with affordable and timely credit solutions, thereby enhancing their financial accessibility and operational capabilities.

PaperToStone

Venture Round in 2019
PaperToStone provides full range of services for home improvement from design to construction, such as home re-modelling, construction, interior designing and architecture.

KyePot

Venture Round in 2019
KyePot Ltd is a mobile platform based in London, incorporated in 2015, that facilitates social financial services primarily targeting users in India. The platform enables individuals to create or join savings groups, allowing for community-based saving, lending, and borrowing activities. Users can conduct financial transactions through real-time automated payments via web and mobile applications. KyePot aims to simplify the savings process and enhance financial efficiency by providing access to investment opportunities and transparent borrowing options. Additionally, the platform offers in-app resources for government registration and legal certification related to each chit group, ensuring users have a reliable and cost-effective means of managing their finances.

Jump AI

Venture Round in 2019
Jump AI is a Developer of an AI-driven video production software for editors. The company focuses on building deep learning architectures to recognize faces in a video, find out camera parameters like zoom and pan and find out speaker changes in a video.

Paygilant

Venture Round in 2018
Paygilant Ltd. specializes in mobile fraud prevention solutions aimed at safeguarding online transactions, payments, and money transfers. Founded in 2014 and headquartered in Ramat Gan, Israel, the company addresses the growing threat of mobile fraud as the adoption of mobile payments accelerates. Paygilant offers a range of services, including account takeover protection, new account fraud solutions, and transactional fraud detection. Its technology focuses on providing a seamless user experience while enhancing security for banks, eCommerce platforms, and payment providers. By implementing frictionless authentication, Paygilant ensures that legitimate customers are authenticated throughout their user journey, from app download to ongoing transactions, thus maintaining trust and security in the evolving digital payment landscape.

Quandl

Venture Round in 2018
Quandl offers essential core financial and economic data alongside a suite of unique, alpha-generating alternative data. With an unrivaled delivery system -- whether through API or popular analytic tools, such as R, Python and Excel -- Quandl has cemented a reputation for understanding and providing what professional quantitative analysts need and want. The Quandl user base includes analysts from the world’s top hedge funds, asset managers and investment banks. The company was founded in 2011 and is based in Toronto, Canada.

Locus.sh

Series A in 2018
Locus is an intelligent logistics automation and decision-making platform that comes with in-built route planning and vehicle allocation engine which improves consistency and efficiency of operations. The platform helps companies and enterprises in e-commerce, food delivery, FMCG and other verticals to automate and optimize their logistics. The product suite comprises of a route deviation engine, order dispatch automation, a field user app, route optimizations, scheduling, tracking for end-customer, and predictive analytics. Offering the entire technology stack, in the form of a platform as a service.

Fynd

Series C in 2018
Fynd, operated by Shopsense Retail Technologies Private Limited, is a mobile shopping application based in Mumbai, India, that specializes in lifestyle products from branded stores. Launched in 2012 and rebranded in 2015, Fynd offers a unique online shopping experience by providing real-time inventory access to over 9,000 physical stores, allowing customers to browse and discover the latest fashion trends. The company has raised significant funding, including a Series C round led by Google, which has been utilized to enhance customer engagement and expand its product offerings. With a comprehensive inventory of over 1.5 million items, Fynd serves a growing clientele across India, leveraging technology and APIs to streamline its operations and improve service delivery. As a subsidiary of Reliance Industrial Investments and Holdings Limited, Fynd continues to strengthen its position in the competitive fashion e-commerce landscape.

Doxper

Seed Round in 2018
Updating electronic health records is often the responsibility of doctors and care providers, but no one likes the burden and inconvenience of typing. Doxper is an AI powered data capture solution that allows doctors to instantly digitise their case sheets using a digital pen and encoded paper. The solution can be fully integrated with existing EMR systems. There is no change in behaviour or workflow required.

Aereo

Seed Round in 2018
Aarav Unmanned Systems Private Limited, founded in 2013 and based in Varanasi, India, develops advanced unmanned aerial systems tailored for various enterprise applications. The company's flagship product, Nayan, is a quadrotor designed for developers and researchers, facilitating tasks such as 3D mapping, precision agriculture, industrial inspection, and aerial photography. Aarav Unmanned Systems focuses on providing high-value engineering solutions that enhance operational efficiency and data richness, enabling businesses to make informed decisions. Their drones are engineered for ease of use, requiring no specialized training for operation, and are noted for their rapid deployment capabilities. Through continuous innovation in drone technology, hardware optimization, and design, the company aims to set industry benchmarks and expand its global presence, serving key players across diverse sectors.

Wellthy Therapeutics

Seed Round in 2018
Wellthy Therapeutics Pvt Ltd is a Mumbai-based company that develops an AI-driven mobile application aimed at assisting patients with type-2 diabetes. The application provides real-time guidance from health coaches, personalized self-management education, and an AI-powered bot for answering patient queries. It also functions as a virtual clinical assistant, enabling doctors to prescribe diabetes care effectively. Key features include a lifestyle tracker, interactive lessons, expert coaching, personalized feedback, and emergency assistance. Wellthy Therapeutics focuses on addressing chronic disease management through clinically validated behavioral interventions and is pioneering the Digital Therapeutics sector in South Asia. The company also publishes The Wellthy Magazine, catering to both patients and healthcare professionals. Established in 2015, Wellthy Therapeutics seeks to improve health equity and patient outcomes by leveraging technology to overcome access and socio-economic barriers to care.

Doxper

Seed Round in 2017
Updating electronic health records is often the responsibility of doctors and care providers, but no one likes the burden and inconvenience of typing. Doxper is an AI powered data capture solution that allows doctors to instantly digitise their case sheets using a digital pen and encoded paper. The solution can be fully integrated with existing EMR systems. There is no change in behaviour or workflow required.

Stashfin

Seed Round in 2017
StashFin is a digital lending venture that offers online application for personal loans, providing simple and fast approval and disbursal for loans. It was started by a team of former financial services professionals who have more than 40 years of experience in consumer finance and capital markets. It is dedicated to disrupting traditional lending in India.

Fynd

Series A in 2017
Fynd, operated by Shopsense Retail Technologies Private Limited, is a mobile shopping application based in Mumbai, India, that specializes in lifestyle products from branded stores. Launched in 2012 and rebranded in 2015, Fynd offers a unique online shopping experience by providing real-time inventory access to over 9,000 physical stores, allowing customers to browse and discover the latest fashion trends. The company has raised significant funding, including a Series C round led by Google, which has been utilized to enhance customer engagement and expand its product offerings. With a comprehensive inventory of over 1.5 million items, Fynd serves a growing clientele across India, leveraging technology and APIs to streamline its operations and improve service delivery. As a subsidiary of Reliance Industrial Investments and Holdings Limited, Fynd continues to strengthen its position in the competitive fashion e-commerce landscape.

ZipLoan

Seed Round in 2017
ZipLoan is a technology-enabled online lending platform focused on providing small business loans to small and medium enterprises. Recognizing that traditional financial institutions often overlook this segment due to its unique challenges, ZipLoan offers an automated credit assessment tool that evaluates the creditworthiness of potential borrowers within minutes. This streamlined process allows small business owners to apply for and receive unsecured loans, facilitating access to necessary financial support for growth and operations. As a registered Non-Banking Financial Company (NBFC) with RBI oversight, ZipLoan aims to bridge the gap in lending for businesses that may struggle to secure funding through conventional means.

FastFox

Series A in 2017
FastFox is a home rental service that aims to transform the renting experience by providing a central pool of house inventory sourced by its captive agents from various localities. Utilizing advanced technology, FastFox enables these agents to access and showcase the most relevant properties to potential home seekers. The platform offers users detailed information and photographs of thousands of available properties, allowing them to schedule visits and finalize arrangements directly with landlords. This approach ensures that home seekers receive authentic information and can achieve immediate closure on their rental needs.

ZipLoan

Seed Round in 2016
ZipLoan is a technology-enabled online lending platform focused on providing small business loans to small and medium enterprises. Recognizing that traditional financial institutions often overlook this segment due to its unique challenges, ZipLoan offers an automated credit assessment tool that evaluates the creditworthiness of potential borrowers within minutes. This streamlined process allows small business owners to apply for and receive unsecured loans, facilitating access to necessary financial support for growth and operations. As a registered Non-Banking Financial Company (NBFC) with RBI oversight, ZipLoan aims to bridge the gap in lending for businesses that may struggle to secure funding through conventional means.

Mad Street Den

Series A in 2016
Mad Street Den Inc. operates as a computer vision and artificial intelligence company. It focuses on building models of generalizable intelligence that can be deployed through meaningful applications across industries and people worldwide. The company serves the retail industry. Mad Street Den Inc. was founded in 2016 and is based in Fremont, California. It has additional offices in Chennai and Bengaluru, India; and Tokyo, Japan.

BroEx

Series A in 2016
OKU TECH builds mobile first solutions for communication needs of different business verticals in India and emerging markets. We believe that WhatsApp and other messaging apps have given the first taste of the connected world to the businesses and they now need better, more precise and specialized solutions.

TableHero

Seed Round in 2016
TableHero Technologies Pvt Ltd, founded in 2014 and based in Bengaluru, India, specializes in providing a comprehensive platform designed to assist restaurants and hyperlocal businesses in managing their online presence. The company focuses on creating an intelligent operating system tailored for small local businesses, offering a suite of products that streamline website management, digital presence, reservations, bookings, payments, and customer loyalty programs. Through its innovative solutions, TableHero aims to simplify the complexities of digital management for small enterprises, enhancing their operational efficiency and customer engagement.

LensBricks INC

Convertible Note in 2016
LensBricks INC is a technology company based in Bengaluru, India, specializing in the development and manufacturing of advanced camera systems for various sectors, including healthcare and defense. Founded in 2013 by experts in computational imaging and computer vision, the company focuses on enhancing customer awareness of household activities through innovative imaging solutions. By integrating camera hardware, software, and cloud technology, LensBricks aims to create unique visual experiences and provide valuable insights to its users. The company's commitment to democratizing imaging positions it at the forefront of the industry, leveraging its expertise to transform how visual data is captured and utilized.

i2e1

Seed Round in 2015
i2e1 is a company based in New Delhi, India, founded in 2015, that specializes in providing Internet access through a platform designed for various wireless devices. The platform allows businesses to offer Wi-Fi access to their customers while enabling them to track user preferences and behaviors. This capability helps businesses customize promotions and advertising efforts to better serve their clients, enhancing customer engagement and experience. Through its innovative solutions, i2e1 aims to improve connectivity and provide valuable insights for businesses operating in the evolving digital landscape.

Bite Club

Seed Round in 2015
Bite Club is a Gurgaon-headquartered food ordering start-up. Bite Club enables users to order meal from a dynamic changing menu through its Android app. The food is prepared by aggregated people like home chefs, amateur chefs, and professional chefs. Bite Club was founded on 2014 and is headquartered in Gurgaon, India.

BetterButter

Seed Round in 2015
BetterButter is a social discovery platform for recipes. Discover a range of recipes with the BetterButter community, made by your friends and celebrity chefs alike. Share your favourite recipes and get appreciated.

Qyk

Seed Round in 2015
Qyk lets you compare and hire quality service providers without hassles. Simply tell us your service requirements to receive competitive quotes from the most relevant service providers to compare and save time and money. It's super easy, fast and free.

Mad Street Den

Seed Round in 2015
Mad Street Den Inc. operates as a computer vision and artificial intelligence company. It focuses on building models of generalizable intelligence that can be deployed through meaningful applications across industries and people worldwide. The company serves the retail industry. Mad Street Den Inc. was founded in 2016 and is based in Fremont, California. It has additional offices in Chennai and Bengaluru, India; and Tokyo, Japan.

Aspire Bariatrics

Debt Financing in 2015
The AspireAssist™ is a breakthrough weight loss solution for people with obesity. Unlike many other weight loss procedures, it's minimally-invasive and reversible. The AspireAssist is now commercially available in selected regions in Europe and beyond, and is currently in clinical trials across the US.

NexGear

Angel Round in 2015
NexGear Technology Private Limited, based in Mumbai, India, specializes in the development, branding, and marketing of wearable technology devices. Founded in 2014 by Amardeep Singh and Rahul Vats, the company focuses on innovative products that enhance user experience through technology. Its flagship offering, Frodo, is an intelligent adventure camera that employs artificial intelligence and advanced algorithms to automatically edit extensive video footage into shareable content. Additionally, NexGear has developed Floapp, a video editing mobile application for iOS users, further expanding its portfolio in connected applications. The company aims to empower users to become storytellers by simplifying the video editing process and enhancing the overall adventure experience.

ShepHertz

Venture Round in 2014
ShepHertz Technologies Pvt Ltd. is a provider of cloud ecosystems tailored for app and game developers, facilitating the creation of omni-channel applications across various platforms, including mobile, web, social, gaming, TV, IoT, and wearables. Founded in 2010 and based in Gurugram, India, the company offers a comprehensive App42 platform that includes backend cloud APIs, marketing automation solutions, API gateways, and DevOps services. Serving clients in over 150 countries, ShepHertz supports thousands of indie developers, app studios, and enterprises by enabling rapid app development, secure API exposure, and actionable big data analytics. The platform is designed for seamless consumer transitions across devices, helping businesses reduce development time and costs while enhancing their digital transformation efforts.

FortunePay

Angel Round in 2014
FortunePay is an electronic payment platform that aims to transform retail commerce by reducing the reliance on cash transactions. Founded by experienced professionals in the payments sector, the company specializes in mobile and internet payment solutions that are easily integrated into various devices. This seamless integration allows clients to securely process transactions through mobile phone-based card acceptance terminals. With a strong focus on the Indian market, FortunePay leverages its team's expertise to deliver innovative and effective payment solutions, facilitating quicker market entry and enhancing the potential for business growth. The company operates from its corporate office in Bangalore and is expanding with plans to establish an office in Mumbai.

AdSparx

Angel Round in 2014
AdSparx is a technology platform that enables video content publishers to embed targeted in-stream ads in their products. It delivers targeted, high impact, high experience, frame-accurate video ads across all internet connected devices; and detects ""broadcast Ad breaks"" in real-time and supports streams with or without any Ad markers for replacement and monetization. Users can set their own rules for inventory sales, define ad campaigns with custom targeting and generate performance reports; access a single point of integration on all servers without the need for change in client apps; integrate ad networks for reporting and use competitive real-time bidding to maximize value of inventory; and more. AdSparx was launched by Ketan Barhate, Lilesh Ghadi, and Kunal Lagwankar and is based Great Neck, New York.

Zolijns

Venture Round in 2013
Impeccable design, exquisite craftsmanship, world class collaborations. These are the foundations upon which “Zolijns”, a boutique furniture house is built. With a strong contemporary aesthetic, Zolijns has created a modern space which houses award-winning European and homegrown designers who articulate sophistication.

Claro Energy

Angel Round in 2013
Claro Energy operates in high-power deficit, diesel dependent, agrarian, and poor economic regions of India. We use solar energy for developing mass irrigation solutions & generate power at point of use. According to the United Nations 2014 report, "Even if the UN Millennium Development Goal of halving the population without access to drinking water and sanitation by 2015 is achieved, 244 million people in rural India will still remain without access to sustainable water supply"​ Innovative thinking can result not only in preventing the crisis, but also in enhancing economic development and improving living standards at large. At Claro, we believe that an improvement in water productivity and food security can be done through revitalizing irrigation technology, practices and institutions.
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