Topics: Business News

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...

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...
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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...

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...

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...
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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...

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...
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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...

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,...

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...

VerSe Innovation secures $100 mn from Qatar Investment Authority and others

The parent company of Dailyhunt and short video app Josh, VerSe Innovation has raised $100 million in its fresh round funding. Led by Qatar Investment...
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Adani Airports acquire 23% stake in Mumbai International Airport

Adani Airport Holdings (AAHL) has acquired 23 percent stake of Mumbai International Airport (MIAL) for Rs 1,685.25 crore." In a filing with the exchange, Adani...

Biopharmaceutical company Almirall appoints Gianfranco Nazzi as new CEO

Barcelona based, a biopharmaceutical company that focused on Skin Health, Almirall has announced the appointment of Gianfranco Nazzi as its new CEO and Executive...

In conversation with Rameswar Mandali, Founder of Skill Monks

Today we speak to Rameswar Mandali, Founder & CEO of Skill Monks to understand the journey of Skill Monks and how it is shaping...

FCC suggested Ministry of Finance to allow 74% FDI insurance sector

The Union Finance Minister Nirmala Sitharaman on Monday announced an increase in Foreign Direct Investment (FDI) limit in the insurance sector from 49% to...

Opinion: Budget 2021 makes NRIs an equal partner in Digital India’s growth story

Welcoming the focus of the 2021 Union Budget on inclusive governance policies for all-round capital spending on infrastructure and digital initiatives, this Budget has...
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YourPhysio raises $350 K in a pre-Seed round

Online physiotherapy and pain relief startup YourPhysio has raised $350K in pre-Seed round funding led by Better Capital. The round also saw the participation of...

In conversation with Greg Moran, Co-founder & CEO of ZoomCar

Today we speak to Greg Moran, Co-Founder & CEO of ZoomCar to understand the journey of ZoomCar and how it is shaping the car...

Tata Steel BSL partners with FarEye to accelerate its digital transformation goals

India based steel company, Tata Steel BSL has announced its partnership with FarEye to improve its in-plant and in-transit visibility, optimize transportation costs, mitigate...

India’s microblogging app Koo raises $4 mn from 3one4 Capital, Accel Partners, and others

India based microblogging app Koo has raised $4.5 million as a part of its Series A round funding from 3one4 capital. The round also saw...

Aviom India secures Rs 10 crore in debt round funding

Aviom India Housing Finance has raised Rs 10 crore in debt round funding from BlackSoil India Credit Fund. "The company plans to distribute Rs 250...
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