Business

B2B Logistics platform Mojro Draws $3Mn for IAN Alpha Fund & Others

Bengaluru-based B2B logistics platform Mojro has raised $3 million in a Series A funding round led by IAN Alpha Fund (the second fund in...

Business Structure for Modern Entrepreneurs: What No One Explains Clearly

Modern entrepreneurs often obsess over product-market fit while neglecting the structural bones of their business. A brilliant idea is only as resilient as the...

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Stride Ventures secures Rs 85 crore from SIDBI

India based debt round funding venture capital firm, Stride Ventures on Thursday said, "It has raised Rs 85 crore from Small Industries Development Bank...

Sundaram Home Finance plans to raise Rs 2,000 crore

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...

TCS to acquire PostBank Systems from Deutsche Bank

Tata Consultancy Services (TCS) on Tuesday announced the acquire 100% stakes in the 'Postbank Systems' from Deutsche Bank. According to the statements, "The transaction...

L&T Finance Holdings to raise Rs 3,000 crore through right issue

L&T Finance Holdings on Monday said, "Its board has approved the raising of up to Rs 3,000 crore through the right issue." In a filing...

UBS appoints Uday Odedra as India Head

UBS Bank on Monday announced the appointment of Uday Odedra as India Country Head. This is in addition to his current role as Head...

Goldman Sachs to invest $150 mn in Biocon Biologics

Biocon Ltd, India based pharmaceutical company, has announced that "The board of its wholly-owned subsidiary Biocon Biologics Ltd (Biocon Biologics) has approved a Rs...

Capital Float finances Rs 400 crores of consumer purchases

Capital Float on Monday said, that it has financed customer purchases worth Rs 400 crores during the pandemic. In a statement issued, the company said, ...

Yandex reappoints Arkady Volozh and Mikhail Parakhin to its board

Russian internet giant, Yandex has announced the reappointment of Arkady Volozh and Mikhail Larakhin to its board. In a filing with the exchange, Yandex said,...

Tata Power sells defense business to Tata Advance Systems

Tata Power has completed the sale of its defense business to Tata Advance Systems. In a filing with the exchange, Tata Power said, "The sale...

Geojit partners with Stockal to develop AI powered global investment platform

Geojit Financial Services Ltd has announced its partnership with New York-based global wealth management platform Stockal to develop the AI-powered global Investor platform for...

Unicommerce partners with Flipkart to enable omnichannel selling for retailers

India's leading e-commerce focused SaaS platform, Unicommerce has announced its partnership with Flipkart to enable omnichannel selling for retailers. The company in its statement said,...

SUGAR Cosmetics secures $2 million in debt round funding from Stride Ventures

Leading cosmetics brand, SUGAR cosmetics has raised $2 million in debt round funding from Stride Ventures. Led by Stride Ventures, the fund has also partnered...

Yandex terminates merger discussions with Tinkoff Group

Europe's largest internet company, Yandex N.V. on Friday said, "The company has mutually agreed to terminate its discussion regarding a possible offer for TCS...

Unicommerce: Ecommerce records 31% growth in Q3 2020

Unicommerce, India's largest e-commerce focused SaaS platform, released e-commerce trends for the third quarter of the year 2020. Post the lockdown has been lifted...

Fintech: Kimberly Nasief joins GammaRey’s board

Leading fintech company, GammaRey has announced the appointment of Kimberly Nasief as a member of its board of directors. Speaking on the appointment of Kimberly...

Sharechat partners with Times Music for global music license

India's leading social media platform ShareChat has announced its partnership with Times Music for licensing of its music catalog for ShareChat and Moj. In a...

Canara Bank to raise Rs 2,000 crore through QIP

India based public sector bank, Canara Bank has announced its plan to raise Rs 2,000 crore through Qualified Institutional Placement (QIP). In a filing with...

GMR Infrastructure to sell 51% stake in Kakinada SEZ to Aurobindo Realty

GMR Infrastructure on Friday said, "Its unit has agreed to sell its share in Kakinada SEZ (KSEZ) to Aurobindo Realty. In a filing with the...

Appointments Committee of Cabinet approves restructuring plan of SAIL’s Board

The Steel Ministry of India on Friday said, "The Appointments Committee of the Cabinet (ACC) has approved the restructuring plan of SAIL's board." The...

Geojit launches WhatsApp channel to simplify the stock trading experience for its clients

Geojit Financial Services Ltd., has announced the launch of a one-of-its-kind WhatsApp Channel for its clients which will offer the convenience of stock trading...

Interview: U GRO Capital MD Shachindra Nath says, “GDP of -23.9% should be looked at objectively and precise steps to be taken to create...

In an interview with TechGraph, Shachindra Nath – Executive Chairman and Managing Director of U GRO Capital, said: “Negative growth of 23.9% of GDP...

Bajaj Finserv, Shinhan Bank partners with Kwik.ID for Video KYC service

India-based video KYC solution Kwik.ID has announced its partnership with Bajaj Finserv and Shinhan Bank to provide video-based KYC solutions to the banks. In a...

Kuvera partners with Vested Finance to offer Indian investors to invest in the US Stock market

Mumbai-based online investment advisor Kuvera has announced its partnership with California-based investment platform Vested Finance to allow Indian investors to invest directly in U.S....

Axis Securities partners with Vested Finance, launches global investing for Indian investors

In a bid to allow Indian investors to invest in U.S. listed companies, India settled leading securities service provider Axis Securities has announced its...

Muthoot Finance partners with Kotak Mahindra General Insurance to offer complimentary COVID-19 insurance to its gold loan customers

Leading private lender Muthoot Finance Limited has announced its partnership with Kotak Mahindra General Insurance to offer complimentary COVID-19 insurance cover for its gold...

Universal Sompo General Insurance partners with BSE Ebix

General Insurance company Universal Sompo General Insurance on August 15th, 2020, announced its partnership with BSE Ebix Insurance Broking Private Limited (BSE Ebix) to...

U GRO Capital secures over Rs 400 crore, AUM for Q1 FY21 stands at Rs 847.4 crore

India-based fintech platform U GRO Capital has announced that "It has raised almost Rs 400 crore through non-convertible debentures (NCDs), term loans and commercial...

Interview: DCI CEO Venkatesh C.R. says, “Digital service business to remain as the brightest industry in the Indian marketplace”

In a conversation with the TechGraph editorial team, Venkatesh C.R., CEO of Dot Com Infoway, said: “I think digital service business will remain as...

Indian Bank cuts interest rates on gold loans for Farmers

India leading public sector lender, Indian Bank has said, "With effect from July 22, 2020, Agricultural Jewel Loans are sanctioned at 7 percent fixed....

Yandex completes the reorganization of Yandex.Money and Yandex.Market with Sberbank

Russian tech giant Yandex has announced that they have completed the reorganization of their joint venture Yandex.Market and Yandex.Money with Sberbank. In a filing with...

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