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Topics: Business

Vogo secures $11.5 mn from Lightrock, Kalaari and others

Two-wheeler rental service provider Vogo has raised $11.5 million in the extension of series C round from its existing investors including Light rock, Kalaari...

Arvind Fashion to attract Rs 200 crore via rights issue

Textile Company Arvind Fashion on Thursday said, "Its committee of directors has approved raising around Rs 200 crore through a rights issue." In a filing...

Tata Group acquires online grocery startup BigBasket for Rs 9,500 crore

Tata Group has signed a deal to acquire BigBasket in a transaction valued at Rs 9,500 crore. According to the ET report, "The Tata Group...

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...
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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...
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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...

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...

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...
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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...

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...
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₿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,...

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...

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...
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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...

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...
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