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Deeptech Startup Newtrace Secures $6.3 Mn in Pre-Series A Round

Bengaluru-based deeptech startup Newtrace has raised $6.3 million (INR 56.93 crore) in a pre-Series A funding round led by HDFC Bank and Mitsui Sumitomo...

Mozark Snaps $40 Mn In Series B Round Led by IFC and RMB Capitalworks

Mozark, a Singapore-based company specializing in digital experience testing and measurement, has raised $40 million in a Series B round led by International Finance...

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PM Narendra Modi urges startup founders to not limit themselves with valuation and exits

Prime Minister Narendra Modi on Wednesday urged the startup founders to not limit themselves with valuation and exits but to focus on building long-lasting...

L&T Finance raises Rs 2,998 crore via right issue

L&T Finance Holdings Ltd (LTFH) on Wednesday said, "It has raised Rs 2,998 crore through a right issue." In a filing with the exchange, L&T...

Dubai based Gibraltar Technologies acquires HCL Infotech

Dubai-based technology company Gibraltar Technologies (GT) has announced the acquisition of HCL Infotech for 74.6 million dirhams. GT in its statement said, "The company along...

ICICI Bank invests over Rs 1 crore in Thillais Analytical

ICICI Bank on Tuesday said, "It has acquired 9.6 percent stake in Thillais Analytical Solutions Pvt Ltd." In a filing with the exchange, ICICI Bank...

Adani Port completes acquisition of Dighi Port for Rs 705 crore

Adani Port and Special Economic Zone have said, "It has completed the acquisition of Dighi Port for Rs 705 crore, and will invest over...

Ampere Electric to setup e-mobility manufacturing plant in Tamil Nadu

Electric Mobility Company Ampere Electric has announced a phased investment potential of Rs 700 crore over 10 years to set up an e-mobility manufacturing...

Govt receives Rs 310 cr by releasing shares in the Engineers India buyback program

Department of Investment and Management Secretary Tuhin Kanta Pandey on Tuesday said, "The Indian Government has received Rs 310 crore by releasing its shares...

Adidas AG announce to divest Reebok

Sportswear company Adidas AG on Feb 16 announced to divest its wholly-owned subsidiary brand Reebok after acquiring the company in 2006. Adidas AG in its...

WizKlub raises Rs 6 crore from Incubate Fund India

India-based edtech platform WizKlub has raised Rs 6 crore in pre-Series A round from its existing investor Incubate Fund India. "The startup plans to infuse...

COVID-19: WHO approves emergency use of AstraZeneca vaccine

The World Health Organisation (WHO) has approved the emergency use of AstraZeneca developed COVID-19 vaccines. In a statement issued, WHO on Monday said, "It has...

Social media platform Parler is back online

Social Media platform for the right-wing, Parler on Monday announced to be back online on a robust and independent technology platform. Parler in its statement...

Rolls-Royce appoints Panos Kakoullias as its new CFO

Rolls-Royce on Monday announced the appointment of Former Deloitte UK partner Panos Kakoullias as its new chief financial officer (CFO). "Kakoullias who will be replacing...

Ashok Chavan: Maharashtra to borrow Rs 15,000 crore in loan from ADB for road works

Maharashtra PWD Minister Ashok Chavan on Monday said, "The Govt will borrow a loan of Rs 15,000 crore from Asian Development Bank (ADB) for...

Medanta gets Rs 100 crore loan from ADB to fight COVID-19

Hospital chain Medanta has received Rs 100 crore from Asian Development Bank (ADB) to purchase healthcare services and medical equipment. ADB in its statement said,...

Report: Byjus to acquire Toppr Technologies for $150 mn

India's leading online learning platform Byjus is reportedly acquiring its rival Toppr Technologies. Quoting sources familiar with the deal, Bloomberg on Monday reported, "Byjus is...

Pencil draws $1 million in pre-Series A round

Mumbai based digital publisher Pencil has raised $1 million in pre-Series A round funding. Led by SOSV, along with Infection Point Ventures (IPV), and Artesian....

Geojit partners with Lotusdew to launch small, mid-cap basket using AI

Geojit Financial Services has announced its partnership with Loctusdew to launch small, mid-cap stock baskets that use behavioral finance and AI to identify dominant...

KreditBee concludes $75 mn in Series C round from Premji Invest and others

Bangalore based fintech startup KreditBee has raised $75 million in Series C of the primary and secondary round. The round was led by Premji Invest...

B2B learning platform Eupheus learning raises $4.1 million in series B round

Delhi-based B2B learning platform Eupheus Learning has raised $4.1 in series B round funding led by United Education Company (UEC); Kuwait's leading company in...

Volkswagen CEO Herbert Diess: Not Scared of Apple electric car

Volkswagen Chief Executive Herbert Diess has said, "We are not scared of Apple's plan for the auto industry." In an interview with German newspaper Frankfurter...

Reports: Panos Kakoullis to join Rolls Royce as CFO

Rolls Royce Holding Ltd will be appointing Former Deloitte partner Panos Kakoullis as its new Chief Financial Officer. According to the Sky News reports, "Rolls...

₿trust: Twitter CEO Jack Dorsey, Jay-Z announces bitcoin fund

Twitter Co-founder and CEO Jack Dorsey, has partnered with rapper Jay-Z to launch a Bitcoin development fund '₿trust'. Dorsey in his tweet on Friday said,...

Delhi Govt to soon bring the scheme to facilitate easy registration of e-autos

Minister of Transport in Delhi Government, Kailash Gahlot on Sunday said, "Under the 'Switch Delhi' campaign the Government will soon start facilitating registrations of...

COVID-19: Level 3 lockdown restrictions imposed in Auckland

A day after reporting three new local COVID-19 cases in Auckland, New Zealand Prime Minister Jacinda Ardern has announced a three-day lockdown in the...

Ola to deploy ABB robotics and automation solutions at the electric scooter factory in India

Ola, one of the leading mobility companies in the world, today announced that it has selected ABB as one of its key partners for...

TrueScale Capital to commence operations in India

PRESS RELEASE: TrueScale Capital, a Series B/C specialist in the venture growth market in India, launched operations today. This investment firm is headed by...

Pioneering Ventures becomes Innoterra, plans to help transform the global food ecosystem

Pioneering Ventures, a Swiss-Indian incubator of Agri, food, and technology businesses has announced the establishment of a new corporate entity Innoterra.  Consolidating its five successful...

Startbeans launches AI-based solutions to help private sector drive sales

AI-based online learning service provider Startbeans has announced the launch of AI-based solutions to promote and enhance corporate sectors to drive better sales. "Aimed at...

Timex launches Times interchangeable strap watches

Watchmaker Timex Group India has announced the launch of its all-new 'Switch It Up' collections featuring 10 attractive interchangeable strap watches for men and...

Nitin Gadkari: Govt made Rs 100 crore by sharing vehicle data with private companies

Minister of Transportation and Highways in Central Government Nitin Gadkari has said, "The government has made Rs 100 crore by sharing vehicle details with...

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