Business

Cisco Appoints Pete Shimer to Board, Daniel Schulman to Step Down

Cisco Systems (NASDAQ:CSCO) has appointed Pete A. Shimer to its board of directors, while Daniel H. Schulman will step down from the board, according...

Cisco Director Pete Shimer Files Initial Ownership Disclosure with SEC

Cisco Systems (NASDAQ: CSCO) board member Pete A. Shimer has filed an initial statement of beneficial ownership with the U.S. Securities and Exchange Commission...

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SMFG completes the acquisition of a 74.9% stake in Fullerton India

Japan based Sumitomo Mitsui Financial Group Inc has announced the completion of a 71% stake acquisition in Fullerton India Credit Company Limited (Fullerton India)...

BANKIT to onboard 1 lakh Kirana stores in Telangana & Andhra Pradesh by FY22

Leading Fintech startup, Bankit has announced its plan to tie up with over 1 lakh Kirana stores in Telangana and Andhra Pradesh by the...

Nupur Recyclers Limited IPO to open on Dec 13

Nupur Recyclers, a leading metal recycling and processing industry, has today announced that its Initial Public Offering (IPO) of 57,00,000 shares will be open...

Powerhouse91 acquires wellness brand Expertomind

India based Powerhouse91 on Tuesday announced the acquisition of wellness brand Expertomind for an undisclosed amount. "Through a combination of functional optimizations across marketing, supply...

Nuclei announce its maiden ESOP buyback plan

Nuclei, a global SaaS platform that empowers enterprises and helps them transform the way they engage with their customers digitally, announced its maiden buyback...

Cashfree Payments invests $15 Mn in UAE based payment Gateway platform Telr

Leading payments and API banking solutions company, Cashfree Payments (Cashfree) has announced an equity investment of $15 million in Telr, a leading Payment Service...

IIFL Home Finance reports loan book growth of 19% in Q2

IIFL Home Finance Ltd, a subsidiary of IIFL Finance Limited has reported a growth of 19% in its loan book to Rs 15,320.99 crore...

Piramal Capital & Housing Finance inks strategic partnerships deal with API Holdings

Piramal Capital & Housing Finance Limited (PCHFL), a wholly-owned subsidiary of Piramal Enterprises Limited, has today announced its strategic partnership with API Holdings Limited...

JM Financial launches ‘Bondskart’ an online investment platform for debt securities

JM Financial Products Limited, the flagship NBFC arm of the JM Financial Group has announced the launch of 'Bondskart,' a  digital investment platform for...

ICICI Bank launches online platform for Indian exporters and importers

Private sector bank ICICI Bank has announced the launch of "Trade Emerge," an online trading platform to offer comprehensive digital banking as well as...

UK based SupplyCompass to ramp up its India operation

The UK based SupplyCompass, a FashTech company, which helps fashion brands collaborate with their manufacturers and drive sustainable practices, is looking to expand its...

Agriculture Insurance Company announces ‘Parametric Insurance’ scheme to help farmers against weather vagaries

Public listed Insurance Company, Agriculture Insurance Company of India Limited has announced the launch of its  ‘Parametric Insurance’ scheme to protect crops against weather...

Cashfree Payments launches ‘Token Vault’ to help merchants meet RBI guidelines

Bangalore based payments and API banking solution company, Cashfree Payments has announced the launch of its tokenization solutions, ‘Token Vault’ to allow merchants to...

Powerhouse91 acquires sports and fitness brand Slovic

Powerhouse91 on 17th November, announced the acquisition of sports and fitness brand Slovic for an undisclosed amount. This development follows the company's recently concluded acquisition...

Jana Small Finance Bank partners with TReDS platforms

Jana Small Finance Bank Friday announced its partnership with all the three existing TReDS platforms, including M1xchange, RXIL, and A.TReDS.  The Bank in its issued...

Troo Good raises Rs 55 crore in Series A Funding from OAKS Asset Management

Hyderabad-based millet snack company, Troo Good has raised Rs 55 crore in series A round funding from Oaks Asset Management. Troo Good in its statement...

OTT platform TVF secures $2 mn in Debt from BlackSoil

The Viral Fever (TVF), a leading Indian video on demand and over-the-top streaming service has raised $2 Mn debt from Mumbai-based venture debt firm...

PolicyBazaar IPO: PB Fintech raises Rs 2569.37 crores from 155 investors

PB Fintech Limited, a parent company of PolicyBazar and PaisaBazar has raised Rs 2569.37 crore from 155 anchor investors. In a filing with the exchange,...

Healthtech startup BlueSemi secures $69 Mn capital commitment from GEM

BlueSemi, a consumer healthtech startup has signed an agreement with GEM Global Yield LLC SCS ("GEM"), the Luxembourg based private alternative investment group for...

Kinara Capital snaps Rs 70 crores from Invest in Visions GmbH

Bangalore-based small business finance provider, Kinara Capital has raised EUR 8 million (INR 70 crores) from Invest in Visions GmbH (IIV). Agents for Impact, a...

Rural Insurtech startup GramCover records Rs 100 crore in Premium for FY21

Rural insurtech startup, GramCover has said, "It has crossed Rs 100 crore in premium for FY21." In a statement issued on Tuesday, GramCover said, "It...

“Expects sales of Rs 150 crore during Diwali season,” Says WonderChef MD Ravi Saxena

Speaking to TechGraph, Ravi Saxena, Managing Director and Co-founder of WonderChef said, "Diwali is indeed going to be cheerful this year for the kitchen...

PayPal dumps Pinterest $45 Bn acquisition plan

San Francisco-based online payment giant, PayPal Inc has reportedly denied acquisition deal of digital pinboard site Pinterest on Sunday. Responding to the media rumors on...

Aviom India Housing Finance secures $8 million from Sabre Partners

India-based leading finance company, Aviom India Housing Finance has said "It has completed its series C equity round funding of $8 million from Sabre...

Axis AMC partners with Inversion Advisory to invest in underperforming companies

Axis Asset Management Company Limited ("Axis AMC"), promoted by Axis Bank and Inversion Advisory Services ("Inversion"), promoted by telecommunications veteran Mr. Akhil Gupta, has...

U GRO Capital signs Co-Origination Partnership agreement with Kinara Capital

Mumbai-based MSMEs lending platform, U GRO Capital has announced its strategic co-origination partnership with Kinara Capital to offer collateral-free business loans to small business...

PAG, Acme Formulation $145 Million acquisition deal

Asia focused private equity company, PAG has announced that it has invested $145 Million (approx. Rs 1,054 crore) to acquire a controlling stake in...

IDBI signs co-lending agreement with U GRO Capital

BSE listed lending fintech platform for MSME, UGRO has signed a co-lending agreement with IDBI Bank to provide formal credit to underserved MSMEs at...

Fintech platform NIUM inks multi-year deal with ICC

The International Cricket Council (ICC) today announced that it has entered a multi-year strategic partnership with Fintech platform NIUM. This partnership includes involvement and integration...

Airtel to infuse Rs 5000 crore to expand its data center business

Bharti Airtel Limited ("Airtel") has today unveiled a refreshed brand identity 'Nxtra by Airtel' for its data center business and outlined investment plans to...

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