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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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Pepperfry draws Rs 35 crore in debt

Online furniture retailer Pepperfry has raised Rs 35 crore in debt from InnoVen Capital. "The funds will be used for expansion of business across the...

NHPC raises Rs 1500 crore through bonds

Public listed hydropower company National Hydroelectric Power Corporation Limited (NHPC) has raised Rs 1,500 crore through issuance of non-convertible taxable bonds." In a filing with...

Vedanta Resources Chairman Anil Agarwal collabs with Centricus to create a $10 bn fund

Vedanta Resources Limited, Executive Chairman Anil Agarwal said, "He has partnered with London-based firm Centricus to create a $10 billion fund." In a series of...

Bosch Limited posts 12% profit before tax in Q3 FY 20-21

Leading technology and services supplier Bosch Limited on Thursday, reported a 12.1 percent Profit before tax (Before EI) for Q3 FY 2020-21. In a statement...

U GRO Capital raises Rs 178 core in debt, loan disbursal stood at Rs 2,000 cr

Small business lender U GRO Capital on Thursday said, "It has raised an incremental of Rs 178 crore in debt, for a total of...

FingerprintJS locks $8 mn Series A round for fraud prevention APIs

FingerprintJS on Friday said, "It has raised $8 million in series A round funding led by Nexus Venture Partners." The round also saw the participation...

FarEye to hire over 100 techies globally

Leading logistics platform FarEye has announced to expand its global technology team by hiring over 100 techies in India and North America this year. Commenting...

Mastercard to soon allow cardholders to transact in cryptocurrencies

Mastercard on Wednesday said, "It will soon allow cardholders to transact in certain cryptocurrencies on its network." Raj Dhamodharan, Executive VP, Digital assets, Blockchain, and...

BHEL receives order from the Indian Navy

Lending engineering company Bharat Heavy Electrical Ltd (BHEL) on Thursday said, "It has received an order from Indian Navy for supplying two Super Rapid...

BharatPe raises $108 mn in Series D equity round

India-based fintech startup BharatPe has raised $108 million in a Series D equity round led by existing investor Coatue Management. The round also saw the...

NIIFL commits to invest $100 mn from New Development Bank into NIIF Fund of Funds

The National Investment and Infrastructure Fund Ltd (NIIFL) has said, "It will invest $100 million from the New Development Bank (NDB) into the NIIF...

“Agri startups can deliver innovative products to farmers,” says Karnataka Agriculture Minister

Agriculture Minister in Govt of Karnataka,  BC Patil on Wednesday said, "Agri startups can provide missing links in the agricultural value chain and deliver...

Machine Learning And Data Analytics The New Tools For Boosting Business Momentum

Multi-faceted data analytics can be defined as the process of interpreting, cleansing, transforming, and sharing data. The sole motive is to derive information, used...

Finance and Investment Should be Mandated in all Curriculum

The recent economic crisis has focused a spotlight on the need for financial decision-making in times when the economy is uncertain. Our school education...

NMIMS inks pact with LivNSense to develop AI-driven solutions in manufacturing industry

SVKM's NMIMS has signed a Memorandum of Understanding (MoUs) with LivNSense technology to jointly develop an AI center of Excellence & Research. "The joint AI...

IRB Infrastructure Developers eyes for Rs 2,220 crore through NCDs

IRB Infrastructure Developers on February 10, said, "It will raise Rs 2,220 crore through issuance of non-convertible debentures (NCDs). In a filing with the exchange,...

Nothing draws $15 Mn in series A round funding

London based consumer technology startup, Nothing has raised $15 million in series A round funding led by GV (previously known as Google Ventures). "The startup...

Electronic Arts acquires Glu Mobile for $2.1 bn

U.S based online gaming giant Electronic Arts (EA) has announced the acquisition of Glu Mobile for $2.1 billion. EA in its press release said, "Under...

Govt to investigate e-commerce firms after a complaint from small retailers

Union Minister for Commerce & Industry, Piyush Goyal on Tuesday said, "The trade ministry was investigating some e-commerce companies after receiving complaints from Small...

Scentials draws $6 mn from TIW Private Equity

Former tennis player Mahesh Bhupati's Personal care brand, Scentials World have raised $6 million from TIW Private Equity (TIW PE). "The company plans to...

Irrigation Association of India applauds Union Budget 2021-22

In our country, water scarcity is a big challenge as almost 54% of India is facing high to extreme water stress and as agriculture...

Eduvnaz secures debt funding from InCred financial services and others

Eduvnaz has raised $10 million in debt funding from InCred Financial Services, Vivrita Capital, and from Northern Arc Capital. Founded in 2016 by Varun Chopra...

Progcap raises Rs 10 crore in debt round from Stride Ventures

India settled fintech company, Progcap has raised Rs 10 crore in debt round from Stride Ventures Partners. "The funds will be strategically deployed to increase...

BCCI gets nod to use a drone for live match

The Ministry of Civil Aviation (MoCA) has approved the Board of Control for Cricket in India (BCCI) request to use a drone for live...

Nitin Gadkari: NHAI signs MoU with 200 technical institutes

Minister for Road, Transport and Highways, Nitin Gadkari on Monday said, "National Highways Authority of India (NHAI) has signed a Memorandum of Understanding (MoUs)...

Tesla Motors invests $1.50 bn in bitcoin

U.S based electric vehicles company, Tesla Motors on Monday said, "It has invested an aggregate $1.50 billion in bitcoin." In a filing with the SEC,...

Argentina reports the first case of Brazilian variants of COVID-19

The Government of Argentina has reported the first case of two Brazilian variants of Coronavirus in travelers from the neighboring nation. Argentina Health Minister, Ginés...

Unlu raises Rs 9 crore in seed funding

Delhi based celebrity engagement platform Unlu has raised Rs 9 crore in series seed round from Nexus Venture Partners, Mumbai Angels, TiE and Expert...

Uttar Pradesh Police books IndiaMART CEO and two others for selling Goverdhan hill rocks online

The Uttar Pradesh police have filed an FIR against the Founder & CEO of IndiaMART (an e-commerce site), and two others for selling rocks...

Jaguar Land Rover to launch electric SUV I-PACE on March 9 in India

Automaker Jaguar Land Rover India (JLR) has announced to launch its electric SUV I-PACE in India on March 9, 2021.Speaking on the development, Rohit...

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