Business

HDFC Asset Management Company on Monday announced the appointment of Navneet Munot as CEO & Managing Director. HDFC Asset Management in its regulatory filing said, "The Board of Directors in its meeting held on 16 Nov 2020, has approved…

Reliance Retail Ventures Ltd, a wholly-owned subsidiary of Reliance Industries on Monday announced that it has acquired 96 percent equity shares in online furniture retailer Urban Ladder for Rs 182.12 crores. In a filing with the stock…

Pakistan on November 13, said, "It will ask for $2.7 billion in loan from China to fund the construction of Package-I of Mainline-1 project of China Pakistan Economic Corridor (CPEC)" Quoting to the sources familiar with the development,…

Private lending platform U GRO Capital on Friday said, "It has reported Rs 17.2 crore in net profit in Q2 FY2021." In a filing with the exchange, U GRO said, "The company has recorded Rs 17.2 crores in Q2 FY2021 as compared to Rs 3.3 crores in…

Global online fundraising platform for non-profits and social innovators, Crowdera has announced its partnership with Kendriya Sainik Board to support Ex-servicemen in the Ministry of Defence who sacrificed their lives and limbs for the…

India based debt round funding venture capital firm, Stride Ventures on Thursday said, "It has raised Rs 85 crore from Small Industries Development Bank of India (SIDBI)." Stride Ventures in its issued statement said, "The fund will…

Alternative credit platform BlackSoil has successfully raised Rs 110 crores in the first close of its maiden secured AIF strategy BlackSoil India Credit Fund (BICF). The funds were raised primarily from family offices & high net…

Online learning and community platform FrontRow has raised $3.2 million in series seed round funding. Led by Lightspeed Venture Partners the new round funding also saw the participation from Elevation Capital (Formerly SAIF Partners), and…

Sundaram Home Finance on Wednesday said, "It is looking to raise Rs 2,000 crore in the second half of the year through a mix of debt instruments and bank funding." Lakshminarayanan Duraiswamy in his statement said, "After a nervous start to the…

India based leading venture capital firm Chiratae Ventures has announced the names of 19 startups that are selected in the 7th edition of the Innovators program. Over 500 homegrown startups participated in 5 weeks foundational initiative,…